Online gambling first appeared online in the mid 1990s. In 1994 Microgaming application was founded and still has the corner market today in many of the online casinos. Microgaming is chip computer software that runs the many machines within land and online casinos. There is some debate as to who was the first casino to pop-up on the internet & most would say InterCasino very first appeared in 1996. However; there are others who declare that Microgaming’s Gaming Club was the first online in 1995.

From the initial casino to go live on the internet, casinos continue steadily to enhance their operations online and tweak the program, servers and connections that cater to the players on the internet. No matter slow bandwidth causing connection difficulties for the players, the industry still raked in an estimated $834 million in 1998.

Intertops was the first online sports-book to surface in 1996; however they have been in operation long before that by taking phone wagers since 1983. Intertops is still going strong today and is satisfying over 180 countries making use of their service.

Internet poker first sprang up at the start of 1998 and was initially facilitated by Planet Poker. Pursuing suit was Paradise Poker in 1999, Party Poker and Poker Superstars in 2001. Planet Poker is still in operation; however they no more allow real money to switch hands. By 2008 Bash Poker had lost the head in the industry to Poker Stars and Maximum Tilt Poker, estimated by the amount of players online.

The popularity of on-line gambling does not appear to be decreasing since its birth. With state of the art technology, online casinos find a way of offering real time play and instant spin capacity, thus satisfying all sectors of the gambling sector and increasing revenue. The internet casino software available today is not only advanced for the people utmost enjoyment but is totally secure.

In 2010 2010 the online gambling industry grew by 12.5% with gross revenues of close to $29.95 billion, whatever the perceived recession. The online casino sector grew around 13.3% this year 2010 and brought in around $2.67 billion. The most money contributing to the gambling revenue online is generated by sports betting at about $12 billion.

Online bingo stole the prospect in being the fastest growing sector for 2010 2010, estimated at 28.4% growth also to the tune of $2.67 billion. Although betwing88 may be the most talked about, it had been deemed the slowest growing online gambling field which generated about $5 million.

In 2006 lots of the online gambling companies didn’t allow USA players spend money in their establishments anymore as a result of uncertainty regarding regulations of offshore gambling, following the passing of the Unlawful Web Gambling Enforcement Act. There is an excellent debate regarding different states that were legally able to gamble and the ones who were not. Many of the casinos revised their guidelines regarding USA play since that time and now the majority of online gambling establishments will once again accept USA players.