Casinonrock

Archive for the ‘Casino History’ Category

Online casinos, also known as virtual casinos or Internet casinos, are online versions of traditional (“brick and mortar”) casinos. Online casinos enable gamblers to play and wager on casino games through the Internet.

Online casinos generally offer odds and payback percentages that are comparable to land-based casinos. Some online casinos claim higher payback percentages for slot machine games, and some publish payout percentage audits on their websites. Assuming that the online casino is using an appropriately programmed random number generator, table games like blackjack have an established house edge. The payout percentage for these games are established by the rules of the game.

Many online casinos lease or purchase their software from companies like Microgaming, Realtime Gaming, Playtech, International Game Technology and CryptoLogic Inc.

Online bingo is the game of bingo (US|UK) played on the Internet. It is estimated that the global gross gaming yield of bingo (excluding the United States) was US$500 million in 2006, and it is forecasted to grow to $1,000 million by 2010.

Unlike balls used in regular bingo halls, online bingo sites use a random number generator. Most bingo halls also offer links to online poker and casino offerings as the patrons are often in the target market. One notable feature of online bingo is the chat functionality. Bingo sites strive to foster a sense of community and interaction between players as this helps customer retention.

History
One of the earliest known online bingo games, launched in 1996, was a free bingo game called “Bingo Zone”. To play, members had to provide demographic information; in turn, members would receive targeted ads based on the demographics provided.[3] Another early pioneer for free online bingo was Uproar, which launched Bingo Blitz in 1998