Online casino is a derivation of the land-based traditional casino, often known as virtual casinos or gambling sites and providing diverse games or perhaps a single one determined by the website operation, franchise, etc. The internet casino offers generally better odds than land-based casinos for games for example slot machines where the probability of winning are regulated through the house, the so-called house advantage.
On August 18, 1995 the world’s first online casino debuted, Internet Casinos, Inc. (ICI) operating with 18 different casino games as well as for the very first time offering also online access to the national Indian Lottery. In contrast, since the early days ICI operates out of the Turks and Caicos Islands, outside the us to avoid government prosecution.
Also, in the mid 90’s, two other online casino’s made their debut claiming to be the first; The Gaming Club and Intertops casino and sports book, which in fact launched the very first online sports book before Internet Casinos, Inc.. Building a reputable service with reliable payouts, high security, efficient customer support, and serving a large range of customers excited with this new gambling modality, the internet casino succeeded.
The spring of 1996 brought into the gambling scene a second sports book planning to launch an online casino since they did. The Interactive Gaming & Communications Corp. (SBET), soon learning to be a publicly traded company listed on NASDAQ. The financial success of this online casino is just not only the net, but also the acceptance of bettors’ sports wagers via telephone calls to Antigua on a toll free line via satellite.
Due the American gambling laws of regulations, the online casino industry has been developed mainly from the Caribbean Islands nations, and from Asian and European countries where even governments have also entered the business holding their very own gambling sites, like Liechtenstein’s government operating an online international lottery, not simply in German but in six different languages to drive international traffic.
Atlantis, was the very first online casino based in Great Britain and licensed through the Isle of Man, an inspirational idea that made Sol Kerzner, its owner, develop a new concept in online gambling; the thematic online casino.
Today, this learn online slot casino is now one of a kind offering from five-figure slots payouts and progressives, offering free trips to Atlantis, the Paradise Island in Bahamas, and property of Mr. Kerzner. Atlantis was also the very first casino recognizing the significance of players introducing the VIP program, exclusive for London Club’s Members.