Online casino founded in 1997
888casino, formerly Casino-on-Net, is an online casino
brand owned by 888 Holdings. It was founded in 💻 1997, and is headquartered in Gibraltar.
It is one of the Internet's oldest casinos,[1] and in 2013 it became the 💻 first
exclusively online casino to be licensed in the United States.[2]
History [ edit
]
Casino-on-Net was established by brothers Aaron and 💻 Avi Shaked along with partners
Ron and Shay Ben-Yitzhaq, also two brothers, in 1997. Aaron Shaked claims to have come
💻 up with the idea of the online casino while attending a dentistry conference in Monte
Carlo.[3][4] In 1994, the Free 💻 Trade & Processing Zone Act was passed in Antigua and
Barbuda, opening the way for the development of legal online 💻 casinos.[5] Casino-on-Net
was re-branded as 888casino in 2010 to unify the look and feel with other 888
brands.[6] By 2024 💻 the site was licensed and operating in Gibraltar, New Jersey,
Denmark, Spain and a number of other countries and territories.[7][8]
In 💻 2024, Gaming
Intelligence magazine described 888casino as "the only truly pan-European
casino."[9]
In 2024, 888casino signed a deal to include slot 💻 games from Berlin-based
Merkur Interactive Services GmbH, part of the Gauselmann Group.[10]
888casino has been
awarded eCOGRA's Safe and Fair assurance 💻 seal.[11]
In 2024, 888casino stopped offering
sports betting in New Jersey as it prepares to launch its regulated Sports
Illustrated-branded sportsbook 💻 in the state.[citation needed]
On 9 September 2024,
888casino acquired William Hill International's European business from US owners
Caesars Entertainment for 💻 a purchase price of £2.2 billion.[12][13]
888casino has been
involved in sponsorship of sporting events, teams and athletes, including as title
💻 sponsor of the 2013 World Seniors Championship in snooker, the New York Jets of the
NFL, and title sponsor of 💻 the 2024 Portuguese Grand Prix.[14]
United States [ edit ]
As
a result of an act of the United States Congress in 💻 October 2006,[15] online gaming
firms were forced to their presence in the US market, resulting in a mass exit from 💻 the
US market for these sites.
In March 2013, the Nevada Gaming Commission granted
888casino a license as an Interactive Gaming 💻 Service Provider, making it the first
company providing exclusively online gambling to be licensed by any US
jurisdiction.[2]
In January 2011, 💻 the New Jersey Legislature passed a bill sponsored by
Raymond Lesniak to allow online gambling by New Jersey residents over 💻 the age of
21.[16] In August 2013, 888casino signed an agreement with Caesars Entertainment
Corporation[17] through the group's All American 💻 Poker Network (AAPN) joint venture
with Avenue Capital, enabling 888casino to offer own-branded products in New
Jersey.[18] 888casino publishes an 💻 independently audited monthly Casino Payout
Percentage and includes the Payout Percentage of each game, as well as the total
average 💻 Payout Percentage of 888casino.[19][20] 888casino's payout rate is
95.1%.[1][21]
Many banks now offer the ability to limit spending on gambling. If you feel that you are spending too much money on gambling, you may want to consider blocking gambling payments with your bank. They do this by blocking your bank account or debit card which stops the account from being used for gambling transactions.
Gamban blocks all gambling apps and websites worldwide, including niche ones like cryptocurrencies and e-sports betting. Gamban can be installed across all your devices, including; computers, mobile phones and tablets, working on Mac OS, Windows, Android, and iOS.
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