Technological advancements have blessed us with plenty of new innovations that have significantly altered and evolved the entertainment offerings available to us. From phones, to televisions, to Gameboys, to gaming consoles such as PlayStation and Xbox, we have so many different avenues of entertainment at our disposal. But while gaming consoles have largely been an almost default choice for entertainment over the past decades, there is a new force emerging in the entertainment industry that is rapidly growing in popularity. Online casinos are beginning to take the world by storm and are starting to find their way into the lives of many people that have been won over by the convenience of the high-quality entertainment on offer.

Just waiting for its moment

Despite the recent surge in popularity, online casino action is not a new phenomenon. The original trailblazer, Gaming Club Casino, dates to 1994, when Microgaming unleashed casino play in an online format. The gameplay and graphics were basic, especially when compared to the luxuries we are afforded nowadays, but with the Gaming Club Casino, people now had a way to access casino games without having to make the journey to a land-based casino.

This revolution was aided by the creation of the internet, which until now, is probably the biggest gamechanger we have witnessed in recent history. The creation of an online world brought a new realm into people’s lives, full of new opportunities. With a heavy reliance on digital evolution, online casinos have bided their time, waiting for the right moment of technological and software advancement to realize its potential.

The perfect partner

While the original springboard for online casinos was provided by the internet, the further progression and development has been supported by what we consider digital essentials nowadays, like Wi-Fi, and coding. We are right in the epicenter of a digital movement now, and it is therefore fitting that certain digital advancements in currency should be growing in prominence and slowly partnering with online casino play.

Like online casinos, cryptocurrency also has a lengthy history since the creation of the first cryptocurrency, Bitcoin, in 2009. There is a beautiful symmetry in the evolution of online casinos and cryptocurrency, as they both relied on rapid advancements in tech to explode. Both share the same real estate, the internet, and as neighbors, they are already a good match. Nowadays, there are an increasing number of crypto online casinos, that echoes the growing popularity of the digital currency in society.

The first Bitcoin casino, SatoshiDice, was created in 2012, and since then, other cryptocurrencies have followed its lead. Nowadays, it is common to find an Ethereum, Litecoin, Dogecoin, or Solana casino. Much like with online casinos when they first burst onto the scene, cryptocurrency also offers the same convenience, practicality, and money transfer efficiency that is provided by faster network connections.

Although this phase for online casinos and cryptocurrency is in its relative infancy, the potential for both to grow together in a symbiotic relationship is huge. Cryptocurrency can benefit from the estimated USD 86.6 billion online gambling market size, while the growing popularity of cryptocurrency and the developing ability to support them on online casino platforms can only help the traffic of players for online casino providers. This is certainly a space to watch for the future as crypto casinos begin to firmly establish themselves.