How Online Gambling Has Evolved Over the Years
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Online gambling has come a long way over the last three decades. The global online gambling market is now worth an estimated $57 billion US dollars and is predicted to grow to almost $98 billion dollars by the year 2025.
The first online casinos were created in the early 1990s. Antigua and Barbuda was the first to introduce online gambling legislation. Cryptologic launched the world's first real money internet based casino site InterCasino. The first few online casino sites were basic but people quickly caught on to how convenient and easy playing casino games from the comfort of their own home could be.
As demand for online casinos grew, so did the competition. New sites have been popping up, which has created a challenge for the industry. Most sites offer some type of bonus or welcome offer to entice customers. Many players prefer to play games from their smartphones. The industry started out on desktop computers. Today's players choose to use apps and web browsers. Online casinos are optimised to offer the same games and features available on larger screens.
How Online Gambling Has Evolved Over the Years.
Virtual reality casinos are in their early stages of development. They give players the opportunity to enter a virtual casino and interact with other players as if it was real-life using a special headset.
Artificial intelligence has many applications in the online gambling world. Many sites have chatbots that are powered by AI. AI is also used for data collection and analysis.
