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**History and Development of the Online Casino Industry**
From Brick-and-Mortar to Virtual Reality
The online casino industry has come a long way since its inception in the 1990s. From humble beginnings to the modern-day behemoths we know today, the journey has been marked by innovation, regulation, and a passion for entertainment. In this section, we'll delve into the history of online casinos, exploring the key milestones, challenges, and triumphs that have shaped the industry.
Early Days: The Birth of Online Casinos
The first online casino, InterCasino, was launched in 1996. It was a pioneering effort, marking the beginning of a new era in gaming. Initially, online casinos were viewed with skepticism, with many questioning their legitimacy and security. However, the industry persevered, driven by the desire to provide a unique and exciting experience for players.
Regulation and Licensing: The Game-Changer
In the early 2000s, the industry faced a significant challenge: regulation. The lack of clear guidelines and licensing frameworks led to a proliferation of rogue operators, putting