📅 1990s: The Beginning of Online Betting
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1994: The First Online Sportsbook
Event Description Launch of InterCasino InterCasino becomes one of the first online casinos, paving the way for sports betting apps. -
1996: Formation of the Interactive Gambling Act
Event Description Australia’s Interactive Gambling Act This act begins creating a regulated environment for online betting platforms.
📅 2000s: Growth and Regulation
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2001: The Rise of Betting Exchanges
Event Description Betfair Launches Betfair introduces betting exchanges, allowing users to bet against each other. -
2006: US Regulations Change
Event Description Unlawful Internet Gambling Enforcement Act This act restricts online gambling in the U.S., impacting many operators.
📅 2010s: The Mobile Revolution
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2012: Introduction of Mobile Betting Apps
Event Description Bet365 Launches Mobile App Bet365 becomes one of the first major sportsbooks to launch a dedicated mobile app. -
2018: Legalization in the US
Event Description PASPA Repeal The Supreme Court repeals PASPA, allowing states to regulate sports gambling.
📅 2020s: Innovations and Trends
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2020: Growth of In-Play Betting
Event Description Popularity of Live Betting Live betting features gain traction as users want to bet during games. -
2023: Integration of AI and Machine Learning
Event Description AI-Powered Betting Solutions Betting apps start using AI for personalized experiences and better odds.
