To clear some rumors around this industry, Luckchemy team has collected for you 10 facts about online casinos:

1. The world’s first online casino, the Internet Casino System Version IV, was founded in 1997. As of today, over 2,000 official gambling establishments are legally registered and operating on the web.

2. The biggest jackpot in the history of online gambling was paid by the PAF casino in Finland. A resident of Helsinki, and a gambling newbie, won almost 18 million euros after just 30 minutes of playing at Mega Fortune.

3. Online casinos may also offer a variety of lotteries. According to statistics, they tend to be even more popular than classic gambling, accounting for nearly 55% of the total online gambling profits. Every second someone plays a lottery at least once in their lifetime.

4. The most online gambling money is spent in Cyprus — about 2.5 million euros per year. If you consider the Cyprus’s 800 thousand population, it makes 3,125 euros per person.

5. According to Pew Research Center, people over 30 are the most avid players on the Internet. They spend from 3 to 5 hours on online gambling on a daily basis.

6. Active online players compose 11% of the total number of the global Internet users. Based on the variety of sources, the majority of them choose poker over other games.

7. The share of the male audience of the online gambling sites currently stands at about 84%, though the numbers of active female players are increasing year-on-year.

8. Online gambling may often be free, and it is possible to hone your gambling skills with no cash involved in the game. So, if you are more interested in the process itself rather than the prize, you are provided with a variety of entertainment options where you do not have to spend a penny.

9. Different countries impose different age limitations to online gambling. Based on the country of your location you may be required to provide a proof that you reached 21 years of age to be able to play.

10. Online casinos tend to be more profitable than their offline counterparts thanks to lower operational costs. Therefore they can offer a lot of incentive bonuses to their audience that is a great opportunity for a thinking player.

The processes underpinning the online gambling industry and the history behind it turn out to be way more interesting than it may seem at first sight. Stay tuned for our further updates and insights into the field, play on!

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