💰 The Rise of Online Gambling in the USA (1996-2000)
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📖 1996: First Online Casino Launch
Event Description Launch of InterCasino InterCasino becomes the first online casino to offer real money gambling. -
📅 1998: Regulatory Framework Begins
Event Description Antigua and Barbuda Legislation Antigua passes a law to regulate online gambling, attracting operators. -
🌍 1999: Rapid Growth
Event Description Explosion of Online Casinos Over 200 online casinos are launched, marking significant market growth.
⚖️ Legislation and Challenges (2001-2006)
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🚔 2001: UIGEA Introduction
Event Description Unlawful Internet Gambling Enforcement Act (UIGEA) The UIGEA is introduced, targeting financial transactions related to online gambling. -
🔒 2006: UIGEA Passed
Event Description UIGEA Becomes Law Online casinos face challenges as the UIGEA restricts banking for gambling.
🌟 Growth and Regulation Resurgence (2011-2020)
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🏛️ 2011: DOJ Opinion Change
Event Description Department of Justice Opinion The DOJ clarifies that the Wire Act applies only to sports betting. -
🏗️ 2013: New Jersey Legalizes Online Gambling
Event Description New Jersey Online Gambling New Jersey becomes the first state to legalize and regulate online casinos. -
📈 2020: Expansion of Online Gambling
Event Description Widespread Legalization Several states legalize online gambling, increasing the popularity of real money casinos.
🔮 Future of Online Casinos (2021-Present)
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🔧 2021: Continued Growth
Event Description Emergence of New Technologies Technological advancements enhance the online gambling experience. -
🌐 2023: Cryptocurrency Integration
Event Description Adoption of Cryptocurrencies More online casinos begin to accept cryptocurrencies as a payment method.