The world of online gaming is basically all about community. Gaming has gained such popularity that it could now be considered as practically mandatory. Being great and skilled at playing these video games gives individuals several social benefits. Gaming communities have proven to be powerful, profitable, and at the same time, very fragile. Based on studies and research conducted, gaming has become one of fastest growing in the entertainment sector. It has surpassed the achievements of full-length feature films, revenue-wise. Gaming is truly a social activity and the mere act of playing games has been directly linked in the establishment of relationships as well as social hierarchies throughout history.
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Games could be engrossing for many different reasons. Online games or video games are those that could be played over some kind of computer networking system, often the Internet itself. These online games could range from the simple text-based computer games to those games that incorporate complex computer graphics with virtual worlds that are populated by a lot of players simultaneously. A lot of the video games today have their own associated online communities and these make online gaming a true social activity that goes beyond the single player games.
Online gaming has really made it mark, being an innovative feature of the Internet which would surely be staying and developing in the many, many years to come. In the past, only those who were willing to spend expensive fees and put up with a hard setup process made up online gaming communities. Today, though, a lot of people are getting into, even the younger generation, which raises some negative implications as well on its effect on kids.
Online casino is a derivation of the land-based traditional casino, also known as virtual casinos or gambling sites and providing diverse games or a single one depending on the website operation, franchise, etc. The online casino offers generally better odds than slot pg 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 first time offering also online access to the National Indian Lottery. However, since the early days ICI operates out of the Turks and Caicos Islands, outside the United States to avoid government prosecution.
Also, in 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 large number of customers excited with this new gambling modality, the online casino succeeded.
The spring of 1996 brought into the gambling scene a second sports book planning to launch an online casino as they did. The Interactive Gaming & Communications Corp. (SBET), soon becoming a publicly traded company listed on NASDAQ. The financial success of this online casino is not only the internet, but also 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, as well as from Asian and European countries where even governments have also entered the business holding their own gambling sites, like Liechtenstein's government operating an online international lottery, not only in German but in six different languages to drive international traffic.
Atlantis, was the first online casino based in Great Britain and licensed by the Isle of Man, an inspirational 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 first casino recognizing the importance of players introducing the VIP program, exclusive for London Club's Members.
According to Rolling Good Times Online, a popular gambling magazine, currently there are 452 gambling-related sites on the internet with thousands of subsidiaries, affiliates, franchises and co-branded sites, and the overall market for online gambling is estimated at approximately $49 billion worldwide on average.