The history of online gambling
Online gambling started way back in 1994 with online casinos. The first community to allow licenses to online casinos was Antigua and Barbuda Island. Under the Free Trade & Processing Act, Antigua and Barbuda Island granted licenses to organizations that applied for open online casinos. From the first online casino in 1994 to W888 in 2022, we have come a long way.
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Before the development of online casinos and other online gambling forms, gambling software was developed. The software for online gambling was fully functional and was secured by another software. The safety software was developed by CryptoLogic. Due to this online transactions became possible and safe.
After all this, finally, the first ever online casino was introduced to people in 1994. In 1996, the number of online casinos increased rapidly. Online casinos were being developed in different regions of the world and every online casino wanted a license for online gambling.
The Kahnawake Gaming Commission issued many licenses to various online casinos across the world. Licenses were issued to online casinos to make sure that the gambling done on those websites was completely transparent and fair.
In the late 1990s, online gambling gained a huge amount of following. After that, the popularity of online gambling only increased. In 1996, there were only 15 websites on the internet that provided online gambling services. However, in 1997 the number of websites providing gambling services increased to 200.
In 1998, the revenues generated by all the online gambling websites exceeded 830 million dollars. Then, the first-ever online poker room was introduced in the same year. And in 1999, multiplayer online gambling also became popular.
By the year 2001, around 8 million people participated in online gambling. After that, the number only increased. In 2008, a report was released suggesting that the revenue generated by worldwide online gambling was around 21 billion dollars. In 2016, the number went up to 45.86 billion dollars and further increased to 56.05 billion dollars in 2018.
Why do people keep going back to online gambling?
There are many reasons why people keep going back to online gambling. Even after losing, they still keep betting on sites like W888. The first reason is that online gambling is considered an adventure by some people.
Plus, online gambling is cheaper than traditional gambling. Hence, people can easily have their share of adventure without having to lose much money. Also, many online gambling websites offer free gambling services as well. Hence, if someone does not want to gain or lose money, they can play such games and have fun.
Another reason for people’s return to online gambling even after losing is hope. Many people keep hoping that they might have lost the current round of the game but they can win the next round. Thus, online gambling keeps motivating them to try again and again.
Why bet on W888?
W888 is a very popular online gambling site. This site provides gambling services in various forms. Some examples can be slots, sports betting, lotteries, etc. There are a lot of benefits to betting on W888 than on any other online gambling website.
The first important and beneficial feature of W888 is that the interface of this website is user-friendly. Hence, gamblers do not face any difficulties in registering, gambling, and transacting money on this website.
Another benefit of this website is that it can be accessed via any device. You can gamble on W888 through your laptop, computer, tablet, or mobile phone. Hence, you can entertain yourself on W888 at any time and anywhere.
Another attractive feature of W888 is that its gambling services are available to its players 24/7. Hence, there is no obligation of time on this website. Hence, gambling on this website becomes very convenient and easy.
Plus, you can also invite your family and friends to play online gambling games with you on this website. Thus, you can also have a great family time while gambling on this website.
Another benefit of betting or gambling on this website is that it has a lot of variety and forms of online gambling. Some of the popular gambling services offered by this website are football betting and online casino. Hence, you can find all kinds of online gambling games on a single website.
The most beneficial feature of this website is its fast transactions. On this website, you can deposit and withdraw the prize money easily and quickly. There is no lengthy and boring process of transacting money. However, all the transactions done on this website are completely safe and secure.
On this website, the players can withdraw their money from any bank account. You do not need an account in a specific bank to withdraw money. Hence, this is a huge advantage of gambling on this website.
The most attractive feature of this website is its promotional packages and bonuses. W888 provides its players with a lot of promotional packages and bonuses regularly. Hence, even if you lose some money on this website, you can earn it back through promotions and bonuses.
Things to keep in my before beginning to gamble on W888
W888 is a very popular and loved online gambling platform in the online gambling industry. The W888 Company has multiple websites for different countries and continents. This website is especially popular in Asian countries.
Due to its popularity, there are a lot of fake websites created on the internet with similar names. It is done to fool new gamblers and then steals their money.
Often new gamblers do not know that such fake websites exist on the internet. Hence, thinking that the website is authentic they create an account on the website and start gambling. However, when it comes to withdrawing their prize money they realize that the site was fake and all their money is gone.
To avoid such thefts and scams, make sure that the website you are gambling on is legal and authentic. Also, before creating an account make sure that you are signing in to the original website.