1994 – The Birth of Online Casinos 🎰
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Launch of the First Online Casino:
Event Description Internet Casino The first online casino was launched in 1994 by Microgaming, setting the stage for the digital gaming industry.
2006 – The Unlawful Internet Gambling Enforcement Act (UIGEA) 📜
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Introduction of UIGEA:
Event Description UIGEA Passed The UIGEA was enacted, making it illegal for banks and financial institutions to process transactions for unlawful online gambling.
2011 – The Shift in Online Gambling Landscape ⚖️
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Black Friday:
Event Description April 15, 2011 The U.S. government cracked down on major online poker sites, resulting in the shutdown of PokerStars and Full Tilt Poker.
2013 – Legalization of Online Gaming in New Jersey 🏙️
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New Jersey Pioneers Online Gambling:
Event Description Online Gambling Legalized New Jersey becomes the first state to legalize online gambling, allowing casinos to operate online.
2020 – The Rise of Mobile Gaming 📱
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Shift to Mobile Platforms:
Event Description Mobile Casinos Boom With advancements in technology, mobile casinos surged in popularity, providing access to gambling anywhere and anytime.
2023 – Current Trends and Future Outlook 🔮
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Adoption of Cryptocurrency:
Event Description Cryptocurrency Integration Many online casinos now accept cryptocurrency as a form of payment, reflecting the growing trend towards decentralized finance.