🕰️ Early Beginnings of Online Betting (1990s)
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📅 1994: The Birth of Online Gambling
Event Description First Online Casino Established Anecdotal evidence suggests that the first online casino was launched in 1994, setting the groundwork for online betting. -
📅 1996: Sportbooks Go Online
Event Description First Online Sportsbook Launched The first online sportsbook, an essential part of the online betting world, was established, allowing bettors to place wagers from home.
🏢 Growth and Regulation (2000s)
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📅 2002: Rise of Major Operators
Event Description Leading Brands Emerge Major online betting brands like Betfair and Bodog began to dominate the market, offering innovative services. -
📅 2006: The Unlawful Internet Gambling Enforcement Act
Event Description UIGEA Enacted This U.S. legislation aimed to curb online gambling, impacting many companies and shifting the landscape of online bookmaking.
🌍 Globalization and Innovation (2010s)
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📅 2011: Regulation in the UK
Event Description UK Gambling Act 2005 Enforced The regulatory framework in the UK was further solidified, creating a safer environment for bettors. -
📅 2018: U.S. Legalization
Event Description PASPA Repealed With the repeal of the Professional and Amateur Sports Protection Act, states could legalize sports betting, leading to a boom in the online betting market.
🚀 The Present Day (2020s and Beyond)
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📅 2020: Mobile Betting Boom
Event Description Shift to Mobile Increased smartphone usage led to a substantial rise in mobile betting applications, transforming how bettors engage with bookies. -
📅 2023: Blockchain Integration
Event Description Blockchain and Cryptocurrency The introduction of blockchain technology and cryptocurrencies into online betting platforms ensured better transparency and enhanced security for users.