History of the UK Online Casino
Category: Casino
The history of the UK online casino is a relatively short one. Online casinos first began appearing around the world in the late 90s. UK derived online casinos began to pop up in places like Malta and Gibraltar, serving customers from every nation. The ease and convenience with which people could now access the casino caused a massive upswing in the popularity of gambling.
To play online casino games click here!
Since then the industry has gone from strength to strength. The history of the UK online casino is just as golden as the rest of the world. UK based companies such as Party Gaming would go on to enjoy a huge market share in the early 2000s and onwards. Some of these firms became so large and successful that they were listed at the highest level of the London stock market.
However, the history of the UK online casino took a dark turn in 2006 when the American government passed the UIGEA. The outlawed financial transactions between banks in the U.S. and illegal online gambling companies. Most of the UK casinos decided to move out of the country at this point, electing instead to concentrate on the UK and Europe. This caused some of the biggest slumps in the history of the online casino. However online gaming remains popular around the world and many of these firms are now back on the way up. The next twist in the history of the UK online casino could be the end of the UIGEA.