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**History and Development of the Online Casino Industry**
From Land-based Casinos to Online Gaming
The concept of online casinos has been around for several decades, with the first online casino, InterCasino, launching in 1996. Since then, the industry has grown exponentially, with thousands of online casinos now operating worldwide. The rise of online casinos can be attributed to advances in technology, changes in consumer behavior, and the increasing popularity of online gaming.
Early Days of Online Casinos
In the early days of online casinos, players had limited options, with most casinos offering a basic selection of games such as slots, blackjack, and roulette. The games were often played in a browser-based format, with players downloading software to access the games. The lack of regulation and oversight led to concerns about fairness and security, which affected the industry's growth.
Regulation and Certification
In the early 2000s, governments began to take notice of the online casino industry, and regulations were introduced to ensure fairness and security. Organizations such as eCOGRA (eCommerce Online Gaming Regulation and Assurance) and TST