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Archive for February, 2017

Added February 7th, 2017 by admin

The Rebirth of the Local Bookie

Soon after the birth of the World Wide Web in 1993, Antigua and Barbuda passed the Free Trade & Processing Act of 1994 allowing the licensing and launching of online casinos in that same year. Online gambling sites were in their infancy, but they were popular with gamblers from around the globe due to their accessibility and convenience. Not to be outdone by the online casinos, the first sportsbook was launched online in 1996 by Intertops. The online gambling revolution was now in full swing and just 4 years later an estimated 2,000 online gambling sites covering casino games, poker, bingo and sportsbetting were online and taking action.

The explosion of online gambling was now large enough that it was displacing real world casino and sportsbook revenue as well as action for local bookies. Why would a bettor want to be limited to wagering options with their local bookie when they had the entire world of sports available to bet online at anytime of the day or night at their fingertips.

 
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