The online gambling industry continues to grow at a steady pace, so much so that this market is projected to reach the impressive value of US$94 billion by 2024. Live dealer casinos are one of the leading segments in the industry, attracting more and more players with their authenticity and enhanced gaming experience.
But how did this sector of the industry evolve to such an extent? In this article, SuperCasinoSites tracks the evolution of live casino games and discusses some of the biggest milestones in their history, including the foundation of the industry’s regulators, the launch of the first live casino platforms, and the improvements this vertical has seen over the years.
1994/2003 - The Birth of an Industry and Its Regulators
The online gambling industry would never have been as fair and transparent had it not been for the regulatory authorities that strictly oversee its operations. Regulations are in place to ensure the ethical treatment of players, fair playing conditions, responsible gaming, and customer protection. But when and where did these authorities emerge from?
2003/2008 - From RNG Online Games to Live Casinos
When online gambling first became a reality, interactive casinos had no other option but to restrict themselves to RNG-based games. Technology had not yet improved to an extent that allowed for live casino streams, especially where Internet speed was concerned. This all changed in the early 2000s when the first live dealer casinos arrived on the scene, transforming how online gambling games played overnight.
2008/2020 - The Growth of the Live Casino Industry
By 2008, live casinos had become a force to be reckoned with in the interactive gaming industry. No self-respecting online casino would skip on adding live tables to its line of gaming products. In the decade to follow, the industry continued to grow at an unprecedented rate as you shall soon see in the paragraphs below.