Online casinos have flourished on the internet since the time it was born more than 2 decades ago. Now, the online casino industry is a multi-billion industry that is continuously growing and showing no signs of stopping. While most of us have a black and white perception about casinos, there are actually many facts about online casino that’s worth knowing.
- The First-Ever Online Casino Was Established 1996
Technically, InterCasino is the first online real money casino and was born in 1996. With the aid of Cryptologic, a company that specializes in real money transactions over the internet, online wagers were made possible when the company provided the software to make secure financial transactions over the internet for InterCasino. Now, InterCasino is considered as one of the oldest online casinos that still function to this day and has since paid out in excess of $3 billion in winnings.
Two years earlier, a software company called Microgaming created the first fully functioning online casino named The Gaming Club. While it looks very little like the modern online gaming websites, it has nevertheless spawned the creation of many online gambling sites over the years and is considered as the progenitor of online casino games.
- Mobile Casino Gaming Can Be Traced as Early as 2005
The year 2005 has marked a great milestone when it comes to innovations in online casino games. Playtech became one of the earliest software developers to create software platforms for mobile casino gaming. During this year, the software platform gained wide popularity due to its dependability, user-friendly format and versatile compatibility with most mobile operating systems.
Fast forward year 2020: most, if not all online casinos have developed mobile-friendly versions and downloadable apps. Web developers at https://slottyvegas.com/ have added a downloadable app version to their online casino games. Whether it’s popular or lesser known online casino website, you’ll find the smartphone icon or the Android or Apple icons, which signify that nearly all online casinos have adopted the concept of mobile casino gaming. This trend was made possible due to the widespread use of mobile devices and the continued increase in numbers when it comes to accessing the internet through mobile devices. In order to keep up with this growing trend, online casinos have developed innovations in making their games, mobile-friendly and compatible with different mobile operating systems.
- Online and Land-based Slot Machines Pay at Least 70%
Online casino players, especially slot machine players, are familiar with the term RTP. This refers to Return To Player and relates to the money that is paid out in relation to player stakes. This is the average set figure by most casino regulatory commissions. The good thing is, none of the slot machines go below this number. In fact, most slot machines have a generous average RTP of at least 90%, which is well above the decreed RTP.
- The Biggest Online Slot Machine Winnings is €17.8 Million
A former British Soldier named Jonathan Heywood won €17,879,645 on the 6th of October, 2015 at Betway Casino. With just a modest stake of 25p on Mega Moolah, Jon was able to win the progressive jackpot and went on to hold the current record of biggest online slot machine winner.
- The Biggest Online Poker Winnings is $17 Million
Finland put itself in the gambling map when Finnish online poker player Patrik ‘FinddaGrind’ Antonius holds the record for the most wins ever achieved in an online poker game. He played Omaha PL poker online at Full Tilt and reached a combined profit of a whopping $17,031,600.
There are many facts in the world of online casino that are interesting and worth noting. Doing some research will let you find facts and bits of information that you never knew until now. Some of them are good to know, and some can inspire you to do better as an online casino player and create your own record. Thus, online casinos not only provide entertainment, they also provide history and knowledge.
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