Legal Law

Game story and game transformation

Gambling is something that many of us today cannot run away from. It’s been around for thousands of years and it’s not about to go anywhere. Some even say that it is intrinsically linked to humanity itself, which means that the game is within our own human nature.

The game is to bet money or anything else of value with the main objective of winning a material object or money. The bet is often made with the awareness of the risk the player is taking. For the game to take place, three elements must concur, which is the consideration or amount bet; risk and reward. Today, gambling has become what is now considered a modern game and is even regulated in most countries and licensed by gambling authorities. It has truly become an international business activity and is said to bring millions to economies.

History

Gambling dates back to before history was written or to 3000 B.C. C. with the six-sided dice. Its history dates back to ancient China, where betting on animal fights was a common practice. It wasn’t until the 10th century that lotteries and domino games appeared in China and gambling began to take shape. The popular games that we know today as poker appeared in the United States in the 17th century and say; the rest is really history.

When gambling became mechanised, it became easier to regulate winnings more precisely and to keep the odds in everyone’s favor. People no longer had to rely on the goodness of bookmakers, as the machine basically determined the outcome.

Online Gambling/Gaming

The big breakthrough for online gambling came in 1994 when Antigua and Barbuda passed the Free Trade and Processing Act which allows for the granting of licenses to organizations applying to open online casinos. Between then and 1996 a series of laws were passed, all targeting online gambling, and in 2003, the first live dealer casino was introduced.

today’s games

The more technology has advanced, the more the gaming industry has evolved with developments aimed at making the player lie much easier. Given how lucrative the gaming industry is and the fact that people really like to play, many governments have had no choice but to allow gaming and control the industry solely through licensing. There are numerous online casinos in the world today, the best of which are licensed in the various areas in which they practice.

The gaming industry has evolved rapidly, a number of games are now available online, and many prizes can be won on various sites. The only word for players these days is to make sure you are playing with an online casino that is either licensed and reputable or properly established.

If you have any doubts about the reputation of any online casino, visit a website that provides independent casino reviews of the gaming industry today.