Initial Development in the 1990s: The initial online casino made an appearance in the mid-1990s, driven by developments in technology and the rapid development of the web. Microgaming, a software program company that introduced in 1994, is credited with building the first internet gambling software, while CryptoLogic, an online protection software company, caused secure online financial transactions, allowing real-money gambling to flourish. InterCasino, launched throughout 1996, is one particular of the first recognized online gambling dens.