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**History and Development of Online Casinos**
Online casinos have a rich and fascinating history that spans over two decades. The first online casino was launched in 1994 by Microgaming, a software company that specialized in creating games for the online gaming industry. Initially, online casinos were only accessible through dial-up connections and were limited to a few games, such as slots and blackjack. However, as the internet became more widespread and technology advanced, online casinos began to evolve and expand their offerings.
Early Days of Online Casinos
In the early days of online casinos, the industry was largely unregulated and lacked standardization. This led to a proliferation of rogue operators who took advantage of unsuspecting players. However, as the industry grew, so did the need for regulation and standardization. In the late 1990s and early 2000s, various governments began to pass laws and regulations to govern the online gaming industry.
Major Milestones in Online Casino History
* 1994: Microgaming launches the first online casino, "InterCasino".
* 1996: Cryptologic, a software company, launches its first online casino game.
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