The history of online casinos and gaming started in 1994 when the governing body of Antigua and Barbuda approved a regulation that basically authorized the issuance of gaming licenses to any person or company who wanted to start an online casino. Even though the legislation was approved, in fact there was no one who could supply the necessary software for such purpose and to play free blackjack.
It was not necessary to wait too long since in the same year Micrograming appeared in the market, and was followed by Cryptologic. At the time none of the two companies was still accepted as giants of the gaming industry, but both companies worked hard to build the software and the security required and in 1996 the first online casino was available for casino players from all over the world.
Years 1996 to 1998 were years of great expansion for the online casino industry due to several factors. First, the evolution of technology made it possible to accelerate the growth of Internet and have access to it during these years. Second, the development of software and the increase in the number of casinos made it possible to offer a wide variety of casino games which was really incredible.
At that point, the gaming industry, which had been established in only two years, had an estimated value of $1 billion It did not show any signs of recession. While it obtained followers in the whole world, the industry also made some enemies, although they are minimum compared to the large number of casino players in the whole world.