Even people who have zero interest in online casinos could have noticed the rise and rise of the industry. Little more than a decade ago, this sector was small and niche, yet now it’s mainstream — and it’ll likely stay that way for a long time to come. After years of promise, the online casino industry has well and truly arrived, and it ain’t going anywhere.and will experience a CAGR of some 6.4% through 2029. By 2029, there’ll be an estimated 280 million worldwide users.
All pretty impressive stuff, but how did the industry get there? The first online casino opened in 1994, but it wasn’t until several decades later that the industry really took off. Let’s take a look at how it happened.The first online casino may have appeared in 1994, but at that time, there really were not many people using the internet, and even those who did use the web were not using it for substantial things. It was more for sending emails.
And that’s just what happened. In recent years, the industry has invested significantly in two areas in particular: innovation and creativity. The technology that underpins online casinos is robust, efficient, and fast. The games look good and run well. The industry has been able to attract top developmental and creative talent, which is reflected by the sheer quality of the games on offer.