With the rapid advance in the technology sector all over the world, and the US being a pioneer in this field, it is only logical that most activities that are usually done in person have changed into an interactive, online process. With the use of the internet, and the ever growing software development, being able to go to a casino and play your favorite games from home has been a reality since 1994 when Microgaming developed the first ever online casino platform. Since then, there have been many changes to the software, making it more versatile, creative, and user friendly. The online casino business is on the rise and does not look to be slowing down any time soon.
RTG and the USA
RTG, also known as Real Time Gaming, has been in the market since 1998, developing software for online gaming websites. They have a long list of online casinos that use their software, where all you have to do is download the software to play. As it is simple, it makes it highly user friendly. RTG has been expanding in the US market for many years now, and has shown enormous success from it. However, with the changing market, there are also more competitors to worry about, such as the possible return of Microgaming into the USA.
Microgaming was the pioneer in the area of online casino software development, claiming to be the first ones to release the first genuine online casino. They managed to do this in 1994 when technology was not as widespread and advanced, and ever since then they have been modifying and updating that software to be able to accommodate for the ever changing technology market. Being the first to market, with a good quality product, usually leads to economical and overall success, which Microgaming did. However, they have not been visible in the US market. Looking at their track record, and the list of online casinos that use their software, it can be safely assumed that if they re-enter the US market, they would do so in a big way. Competition is the force that drives innovation, and by having Microgaming, the leading force in online casino software development, entering a large market like the US, it would definitely make competitors nervous to get the upper hand. The difference however, is that Microgaming already has a head start in both software development and reputation as one of the best (if not already).
US Casinos and the Online Boom
The online casino tech boom is happening as we speak, and everyone wants a piece of the action. With the rise in popularity of online casinos, the land based casinos in the US are looking to expand into that area. Famous land based casinos, such as MGM, Harrah’s, Caesars Palace, and any of the other large casinos you would find along the Las Vegas strip, are looking to expand into the online gaming sector. The MGM Grand, along with Caesars Palace, are already starting this venture and creating on online casino, making them the first ones to break out into the online market. The reason behind this interest is the fact that the US is looking to regulate gaming by state, which would enable them to enter those markets – starting with Nevada, which is now legal, and having land base casinos applying for licenses already. However, it does not come free, with the regulations there will be taxes and fees placed on the casinos, which could in turn lower the bonus amounts and the perks that the players would receive online. Not to worry though, none of the players’ earnings will be taken by the financial institutions that work for the government.