Through the years, many aspects of the gaming industry as well as casino technology have changed. Nowadays, players have the chance to enjoy the best available games through their smartphone and extensive access features in a few clicks. However, it was not like that in the last decades.
Through this guide, we will explore the timeline of online casino technology, analyze how it evolved over time, and give you an insight into the case. Without further ado, let’s start with the creation of Microgaming, which is the cornerstone for the online sweepstakes industry.
How Creation of Microgaming Pushed Online Casino Technology to Another Level?
I am sure that most of you who are playing online sweepstakes games regularly or even once in a while have heard about Microgaming. In January of 1994, Microgaming switched from being the land-based casino supplier to an online gaming brand that will be launching sweepstakes software for online casinos.
It is the first company that developed an online casino technology like the casino software, which enables players to enjoy their favorite sweepstakes games via their PCs. 1994 can be considered as the date for starting the new era in the sweepstakes industry, and from that time, casino technology grew like never before.
At that time, land-based sweepstakes parlors were very popular, but their online counterparts were struggling because they were not considered as appealing to the masses. What Microgaming has done through those early years determined the future of the whole Industry as they partnered with certain jurisdictions and helped many more entrepreneurs to start their journey in the online sweepstakes market?
To this day, Microgaming remains one of the most iconic and successful sweepstakes software and game developers in the industry, even though the competition level is a lot tighter than in the late 1990s.
Improvements in the Casino Technology Launching the First-Ever Online Sweepstakes
In June 1994, the first-ever online casino was created as the brands like Microgaming were powering the essential needs it. The platform was called Inter Casino, and it was very successful even though the Industry is still growing up and the customer interest was lower.
After this one, a number of new online sweepstakes websites came into the business as CryptoLogic and Microgaming evolved their services and helped those platforms to grow substantially. After July of 1994, the countries such as Barbuda and Antigua started to issue casino licenses for brands that came into the Industry.
This move helped the business as now the online sweepstakes sites could possibly apply and get the gambling license to operate legally. The demand for casino technology increased rapidly, which pushed new software developers to come into the market at that time. Several examples for those brands can be Playtech, Net Entertainment, and CryptoLogic.
It is noted that the first-ever real money deposit has been made during this time and as the players started to realize how entertaining the online experience is, more and more players entered these platforms to get the best out of the casino technology that they offer. Since the initial deposit, the players have wagered more than three billion dollars to the Inter Casino.
How did They Transform from Unknown Websites to Billion Dollar Worth Brands?
The importance of casino technology is undeniable for the simple fact that it helped online sweepstakes websites to generate billions of dollars in the last two decades. The Industry’s worth rose up to one billion dollars during the 1999-2000 period.
The key reason for that was the increased number of users and enhanced accessibility. More people had computers, and that enabled them to enter the best available sweepstakes sites where they will play online slots and many other sweepstakes branches for real money.
The arrival of Multiplayer Games
Since January of 1999, the Industry has changed a lot. One addition that helped players to enjoy the sweeps games with their peers was the multiplayer games. Boss Media released a multiplayer sweepstakes platform which meant that the players no longer had to compete against the house.
Rather than that, they can enjoy the gaming experience against their friends or any other person online who is in the same gaming room. The platform included blackjack, video poker, and many other table card games where you can switch to multiplayer mode.
More Platforms Than Before
In the late 1990s, more and more online sweepstakes websites came into the market. With the improved casino technology, it was a lot easier to launch and run a platform than it was in 1995. In 1999 there were around 700 active online sweepstakes websites that operated, and that number was increasing at a high rate.
By utilizing the marketing campaigns, online sweepstakes managed to draw the attention of the masses. Another reason was the addition of progressive jackpot in internet cafe sweepstakes games which sparked the demand towards these platforms.
As you can see, online casino technology has come a long way and improved a lot in the last few decades. It is hard to discuss every single detail about the improvements and adjustments in one blog post. Therefore we took into consideration only the five-six years of history of the gaming businesses. In future articles, we will discuss the later parts and elaborate on that. If you liked this post and want to learn more about the overviews of topics regarding the online sweepstakes, tune in to our other articles on the website.