Online Gambling

In: Computers and Technology

Submitted By jessicaf600
Words 3047
Pages 13
| Online gambling | | | | | | | | |

Table of Contents

Need page numbers.

Introduction

History of Online Gambling

Online Gambling Games Available

How to Gamble Online

Who Gambles Online?

Characteristics of Online Gamblers

Online Gambling and Business

Contents
To Our Stockholders 1
Financial Summary 1
Financial Statements 1
Notes to Financial Statements 1
Independent Auditor’s Report 1
Contact Information 1
Company Information 1

What is online gambling?

Before we present the topic of online gambling, you need to ask yourself what is online gambling. Internet Gambling is a means of using the internet to place bets on casino games, sports games, etc. Bets are normally placed on credit card accounts and wins or losses are collected or paid for accordingly.
History of Online Gambling
Gambling sites first began to appear in the 1990s. The earliest confirmed date of an authentic Internet gambling site is September 1993, when the Swiss Lottery began selling lottery tickets to individuals with a special terminal and software (Pavalko 2004). In 1994, the Antiguan government passed legislation permitting online casinos to be established. Intercasino was the first online casino to accept real money wagers. It was launched in Antigua in 1996 (it is now registered in Malta) and their revenue reports attracted significant interest.
Since the early beginnings of internet gambling, the number of online gambling sites has increased at an astounding rate each year. In 1994, there were reportedly 30 gambling websites but 4 years later, there were approximately 90 online casinos, 39 lotteries, 8 online sites offering bingo, and 53 sports books. By 1999, the number dramatically increased to 250 online casinos, 64 lotteries, 20 bingo, and 139 sports books.
What are the Benefits of Online Gambling?
There are some…...

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Daniel Ragussis | Tales from Earthsea 2006 | Biographique