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Online casino is a derivation of the land-based traditional casino, also referred to as virtual casinos or gambling sites and providing diverse games or possibly a single one determined by the website operation, franchise, etc. The online casino offers generally better odds than land-based casinos for games such as slot machines where the chances of winning are regulated by the house, the so-called house advantage.
On August 18, 1995 the world’s first online casino debuted, Internet Casinos, Inc. (ICI) operating with 18 different casino games and for the very first time offering also online access to the nation’s Indian Lottery. On the flip side, since the early days ICI operates check it out of the Turks and Caicos Islands, outside the country in order to avoid government prosecution.
On top of that, within the mid 90’s, two other online casino’s made their debut claiming to be the first; The Gaming Club and Intertops casino and sports book, which in fact launched the first online sports book before Internet Casinos, Inc.. Building a reputable service with reliable payouts, high security, efficient customer support, and serving a sizable number of customers excited with this new gambling modality, the internet casino succeeded.
The spring of 1996 brought into the gambling scene a second sports book planning to launch an online casino since they did. The Interactive Gaming & Communications Corp. (SBET), soon becoming a publicly traded company listed on NASDAQ. The financial success of this online casino just isn’t only the internet, but additionally the acceptance of bettors’ sports wagers via telephone calls to Antigua on a toll-free line via satellite.
Due the American gambling laws of regulations, the online casino industry has been developed mainly from the Caribbean Islands nations, and from Asian and European countries where even governments have also entered the business holding their very own gambling sites, like Liechtenstein’s government operating an online international lottery, not just in German but in six different languages to drive international traffic.
Atlantis, was the very first online casino based in Great Britain and licensed by the Isle of Man, an inspirational proven fact that made Sol Kerzner, its owner, develop a new concept in online gambling; the thematic online casino.
Today, this online casino has become one of a kind offering from five-figure slots payouts and progressives, offering free trips to Atlantis, the Paradise Island in Bahamas, and property of Mr. Kerzner. Atlantis was also the very first casino recognizing the significance of players introducing the VIP program, exclusive for London Club’s Members.
