1990s: The Birth of Online Casinos
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Launch of the First Online Casino 🎰
Year Event 1994 The first online casino, “InterCasino”, was launched in Antigua, paving the way for online gambling. -
Introduction of PayPal 🏦
Year Event 1998 PayPal was officially launched, revolutionizing online payments and paving the way for online casinos to offer convenient payment methods.
2000s: Expansion and Regulation
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PayPal and Online Gambling 🚫
Year Event 2000 PayPal announced its policy against transferring funds for online gambling, impacting many online casinos. -
Growth of Online Casinos 📈
Year Event 2006 The Unlawful Internet Gambling Enforcement Act (UIGEA) was passed in the United States, changing the dynamics of online gambling.
2010s: Legalization and Renewed Trust
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PayPal’s Return to Gambling 💳
Year Event 2013 PayPal began allowing deposits to select regulated online gambling sites in a few US states. -
Legalization in More Regions ⚖️
Year Event 2018 Sports betting was legalized in the US, leading to a surge in online casinos and mobile gambling.
2020s: Technology and Trends
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VR and Live Dealer Casino Games 🕶️
Year Event 2021 Virtual reality (VR) casinos and live dealer games gained popularity, enhancing the online gaming experience. -
Rise of Mobile Gambling 📱
Year Event 2023 Mobile gambling overtook desktop gaming as the most preferred way to access online casinos.