Historical Overview of Online Casino Risks
1990s: The Birth of Online Gambling 🎰
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1994: Antigua and Barbuda’s Gambling Act
Event Detail Legislation Passed Antigua and Barbuda became the first jurisdiction to license online gambling. -
1996: First Online Casino Launched
Event Detail InterCasino Launch InterCasino opens its doors as the first online casino, paving the way for future developments.
2000s: The Expansion and Rise of Regulation ⚖️
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2006: Unlawful Internet Gaming Enforcement Act (UIGEA)
Event Detail U.S. Legislation The UIGEA restricts online gambling transactions, impacting the industry’s growth. -
2008: Online Gambling and Poker Boom
Event Detail Market Growth The online gambling market thrives, with poker leading the charge thanks to televised tournaments.
2010s: Development of Security Measures 🔒
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2013: Legalization of Online Gambling in New Jersey
Event Detail State Legislation New Jersey becomes the first U.S. state to legalize online gambling, influencing other states. -
2018: Supreme Court Rules on Sports Betting
Event Detail Impact on Online Betting The Supreme Court’s decision allows states to regulate sports betting, expanding online gambling options.
2020s: Current Trends and Future Risks ⚠️
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2020: Rise in Online Casino Usage Due to Pandemic
Event Detail Increased Participation Lockdowns lead to a surge in online casino participation, raising concerns about addiction. -
2023: Enhanced Security with Blockchain Technology
Event Detail Blockchain Adoption Online casinos incorporate blockchain for transparency and security, aiming to reduce fraud.
