Preliminary Development in the 1990s: The 1st online casino made an appearance in the mid-1990s, driven by breakthroughs in technology and the rapid progress of the net. Microgaming, an application company that introduced in 1994, is credited with building the first internet gambling software, while CryptoLogic, an online protection software company, caused secure online monetary transactions, allowing real-money gambling to flourish. InterCasino, launched inside 1996, is 1 of the 1st recognized online internet casinos.