1990s: The Birth of Online Bookmaking
- 1994: The first online sportsbook is established 🏁
- 1996: The introduction of the Internet Gambling Prohibition Act 💻
- 1999: The rise of betting exchanges, changing the market dynamics 🔄
| Year | Event |
|---|---|
| 1994 | Establishment of the first sportsbook |
| 1996 | Introduction of the Internet Gambling Prohibition Act |
| 1999 | Emergence of betting exchanges |
2000s: Regulation and Expansion
- 2001: The introduction of the Unlawful Internet Gambling Enforcement Act (UIGEA) 📜
- 2003: First major online betting platform to accept credit cards 💳
- 2007: The launch of several mobile betting applications 📱
| Year | Event |
|---|---|
| 2001 | UIGEA impacts online gambling operations |
| 2003 | First online betting platform to use credit cards |
| 2007 | Launch of mobile betting apps |
2010s: Advancements in Technology
- 2010: Legalization of online poker in several states in the U.S. ♠️
- 2012: The first regulated online sports betting sites launch in the U.S. 🎳
- 2018: Supreme Court ruling on sports betting legality in the U.S. ⚖️
| Year | Event |
|---|---|
| 2010 | Legalization of online poker |
| 2012 | First regulated online sports betting sites |
| 2018 | Supreme Court ruling on sports betting |
2020s: The Rise of New Platforms
- 2020: Surge in popularity due to global pandemic restrictions 🌍
- 2021: Introduction of cryptocurrency betting options 💱
- 2023: Continued integration of AI and machine learning for odds calculation 🤖
| Year | Event |
|---|---|
| 2020 | Rise of online betting due to pandemic |
| 2021 | Cryptocurrency options introduced |
| 2023 | AI integration for betting odds calculation |