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Introduction There has been a significant paradigm shift in the gambling industry over the last decade with the emergence of online casinos. Online casinos offer an unprecedented level of convenience as they can be accessed via a computer or mobile device from anywhere in the world. As per a recent study, the global online gambling market is expected to grow at a CAGR of 11.5% from 2020 to 2027, attributed to the rising adoption of smartphones and the increasing number of online gamblers.

In this report, we will provide a detailed study of online casinos, including their history, advantages and disadvantages, market size and future growth prospects. The History of Online Casinos Online casinos have been in existence since the mid-1990s, when the first online casino was launched in Antigua and Barbuda. InterCasino, launched in 1996, was the first online casino to offer real money wagering. Initially, online casinos were not very popular as they were plagued by slow internet speeds and technical glitches, making it difficult for players to enjoy a seamless gaming experience.

historyorb.comHowever, Wales News Today the introduction of better internet technology and the growing popularity of online gaming has led to a surge in the number of online casinos over the last decade.