1990s: The Dawn of Online Gambling
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1994 – First Online Gambling License Issued 🎉
Event Details License Agreement The Caribbean nation of Antigua and Barbuda issued the first online gambling license, paving the way for online casinos. -
1996 – Launch of the First Online Casinos 🃏
Event Details First Sites Rich Casino and Casino-on-Net launched, providing players access to online gambling and credit card payments. -
1999 – Introduction of Secure Transactions 🔐
Event Details SSL Encryption Online casinos began using SSL technology to secure credit card transactions, boosting player confidence.
2000s: Growth and Regulation
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2001 – Online Gambling Prohibition Act 📜
Event Details Legislation The US Congress introduced regulations affecting online gambling, creating uncertainty in credit card usage for gambling sites. -
2006 – UIGEA Enacted 🚫
Event Details UIGEA The Unlawful Internet Gambling Enforcement Act was implemented, which made it difficult for online casinos to process credit card payments. -
2008 – Launch of E-Wallets 💳
Event Details Payment Solutions Online casinos began accepting alternative payment methods like PayPal and Neteller, reducing reliance on credit card transactions.
2010s: Innovations and Adaptations
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2011 – Black Friday 🔥
Event Details Site Seizures US authorities shut down major online poker sites, which severely impacted credit card transactions in online gambling. -
2013 – Legalization in New Jersey 🌟
Event Details New Regulations New Jersey legalized online gambling, allowing casinos to use credit cards for secure deposits. -
2018 – Supreme Court Ruling ⚖️
Event Details PASPA Repealed The Supreme Court of the United States struck down PASPA, allowing states to regulate sports betting and credit payments at online casinos.
2020s: Current Trends and Future Outlook
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2020 – Growth of Mobile Gambling 📱
Event Details Mobile Apps Mobile gaming exploded, with more players using credit cards for transactions via app platforms. -
2021 – Cryptocurrency Adoption 💲
Event Details New Payment Methods Many online casinos began accepting cryptocurrencies alongside traditional credit card payments. -
2023 – Enhanced Security Measures 🔒
Event Details Fraud Prevention Online casinos are implementing advanced encryption technologies and AI for fraud detection in credit card transactions.