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The online casino owes its origin to a happy set of coincidences; or were they really coincidences? The first move was the legalisation and regulation of online gambling by a fairly remote island nation Antigua and Barbuda. What persuaded the authorities to legislate the Free Trade and Processing Zone Act of 1994? Was it a brilliant prescience that within two decades the online gambling industry would be generating many billions of dollars or were other forces in operation?

Meanwhile Microgaming, an Isle of Man company, was developing the software that would make online casinos a possibility and Cryptologic, another software company in Ireland, was developing the software that would underpin the financial aspects of operating an online casino. Furthermore, InterCasino, a company operating out of Malta, was developing a fully functioning online casino.

Suddenly everything was in place; the technology and the legislation and the online casino was the result. Once the online casino was let out of the bag, their growth was extraordinary. In the history of marketing it is difficult to find any other product that has been as successful.

Despite the fact that nearly half of US citizens occasionally gamble, the one country that has attempted to hold back the online casino phenomenon is the USA and it remains one of the last bastions for those who do not approve of gambling online. Legislation to outlaw online casinos and any other form of online betting forced many operators to pull out of the American market, though others based offshore continued to allow access to players from the US. As a result the only effect of the prohibition was to force playing at online casinos underground.

Although many North Americans do gamble online despite the ban, the ban does mean that the market in the US is considerably reduced from its true potential. Despite this annual online gambling revenues are now approaching $30 billion a year, so consider what it might be if the US ban was lifted.

In fact many online casino operators are doing just that. There is considerable pressure on the US to allow online gambling, and a primary argument is the huge tax revenues that would be generated if they did so. Antigua and Barbuda knew on which side their bread was buttered, but will the US follow?