• Skip to secondary menu
  • Skip to main content

digitalfoundation.org.za

  • Home
  • Playing Online Casinos in South Africa
    • Why Online Casinos are Popular in South Africa
    • Is Online Casino Betting Legal in South Africa?
    • Top Online Casinos in South Africa
  • Understanding Online Casinos
    • How to Play on Online Casinos
    • How Online Casinos Work
  • Everything You Need to Know About Online Casinos in South Africa
    • All You Need to Know About Online Casino Safety in South Africa
    • Downloading Online Casino Apps: A Guide
    • All You Need to Know About Joining Online Casino Sites

History of growth of the casino industry

The roots of respectable online casinos are not well known, but according to the records left, they first appeared in China in 2300 BC.

The history of casino development has really expanded and developed since the beginning of 1994, in the eastern Caribbean island of Antigua and Barbuda, the online gambling industry has also been established by law. 

Trade provides online utilities and builds interactive casinos

This model is now approved to run by the government. This has also made it a key position in the casino industry.

1995 marked the boom in online gaming applications, along with the goal of increasing the safety of casino activities , usually Cryptologic applications. One year later, Boss specialty dining AB software was developed to supplement Cryptologic, and eCash was introduced for the first time. These apps also provided players with the optimum advantages of engaging in online poker, allowing them to experience the same exciting feelings in face-to – face combat in real life.

In 1998, Microgaming opened the Cash Splash framework with the advancement of the jackpot framework.

In 1999, a series of failed regulations prevented the growth of gaming industries. Micro tech company has also wisely reached a deal with the Big Five auditing firm, Warterhouse-Coopers, along with a promise to disclose liquidity percentage data to casinos. A number of online casinos in Australia have also been approved to do business this year. 

In 2000, countries such as the United Kingdom and Argentina opened their doors to the growth of the casino industry.

On March 22, 2001, PRNewswire published a study finding that almost 8 million people had been interested in gambling. 

In 2003, eCOGRA Regulations on e-commerce and online gaming were developed with the goal of ensuring and standardizing the mechanisms for the best operational outcomes and the studies to be carried out would be acceptable for the gambling industry. 

In 2004, Frost and Sulivan announced that the worldwide revenues of online casinos hit $8 billion , up from $3 billion in 2001. 

In 2005, Artigua Barbuda made its claims and counter-arguments against the announcement by the WTO to coordinate international trade in contracted services.

Since 2006, the income of the gaming industry has increased exponentially. Millions of people around the world have seen this as essential entertainment, particularly with the upper class.

Copyright © 2025. digitalfoundation.org.za. All rights reserved.