888casino, formerly Casino-on-Net, is an

online casino Online casinos, also known as virtual casinos or Internet casinos, are online versions of traditional ("brick and mortar") casinos. Online casinos enable gamblers to play and wager on casino games through the Internet. It is a prolific form of o ...

founded in 1997 and based in

Gibraltar ) , anthem = " God Save the King" , song = " Gibraltar Anthem" , image_map = Gibraltar location in Europe.svg , map_alt = Location of Gibraltar in Europe , map_caption = United Kingdom shown in pale green , mapsize = , image_map2 = Gib ...

. It is one of the Internet's oldest casinos, and in 2013 it became the first exclusively online casino to be licensed in the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

History

''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 Dentistry, also known as dental medicine and oral medicine, is the branch of medicine focused on the teeth, gums, and mouth. It consists of the study, diagnosis, prevention, management, and treatment of diseases, disorders, and conditions o ...

conference in

Monte Carlo Monte Carlo (; ; french: Monte-Carlo , or colloquially ''Monte-Carl'' ; lij, Munte Carlu ; ) is officially an administrative area of the Principality of Monaco, specifically the ward of Monte Carlo/Spélugues, where the Monte Carlo Casino is ...

. In 1994, the

Free Trade Free trade is a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade. In government, free trade is predominantly advocated by political parties that hold econo ...

& Processing Zone Act was passed in

Antigua and Barbuda Antigua and Barbuda (, ) is a sovereign country in the West Indies. It lies at the juncture of the Caribbean Sea and the Atlantic Ocean in the Leeward Islands part of the Lesser Antilles, at 17°N latitude. The country consists of two maj ...

, opening the way for the development of legal online casinos. ''Casino-on-Net'' was re-branded as ''888casino'' in 2010 to unify the look and feel with other 888 brands. By 2015 the site was licensed and operating in Gibraltar,

New Jersey New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware ...

Denmark ) , song = ( en, "King Christian stood by the lofty mast") , song_type = National and royal anthem , image_map = EU-Denmark.svg , map_caption = , subdivision_type = Sovereign state , subdivision_name = Danish Realm, Kingdom of Denmark ...

Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , i ...

and a number of other countries and territories. In 2015, ''Gaming Intelligence'' magazine described 888casino as "the only truly pan-European casino." In 2017, 888casino signed a deal to include slot games from

Berlin Berlin ( , ) is the capital and largest city of Germany by both area and population. Its 3.7 million inhabitants make it the European Union's most populous city, according to population within city limits. One of Germany's sixteen constitue ...

-based Merkur Interactive Services GmbH, part of the Gauselmann Group. 888casino has been awarded

eCOGRA eCOGRA (eCommerce Online Gaming Regulation and Assurance) is a London-based testing agency and standards organisation in the realm of online gambling. The company was established in 2003 in the United Kingdom at the behest of the online gaming in ...

's ''Safe and Fair'' assurance seal. In 2021, 888casino stopped offering sports betting in New Jersey as it prepares to launch its regulated Sports Illustrated-branded

sportsbook In the United States, a sportsbook or a race and sports book (sometimes abbreviated as book) is a place where a gambler can wager on various sports competitions, including golf, football, basketball, baseball, ice hockey, soccer, horse racing, ...

in the state. On 9 September 2021, 888casino acquired William Hill International's European business from US owners

Caesars Entertainment Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada that operates more than 50 properties. Eldorado Resorts acquired Caesars Entertainment Corpora ...

for a purchase price of £2.2 billion.

Sponsorship

888casino has been involved in sponsorship of sporting events, teams and athletes, including as title sponsor of the 2013

World Seniors Championship The World Seniors Championship is an invitational seniors snooker tournament which has been played under different formats. As of 2020 the minimum age is 40, but it was 45 in 2011 and 2012. History The event was first held in 1991 with 16 pla ...

snooker Snooker (pronounced , ) is a cue sports, cue sport played on a Billiard table#Snooker and English billiards tables, rectangular table covered with a green cloth called baize, with six Billiard table#Pockets 2, pockets, one at each corner and o ...

, the

New York Jets The New York Jets are a professional American football team based in the New York metropolitan area. The Jets compete in the National Football League (NFL) as a member club of the league's American Football Conference (AFC) East division. The J ...

of the NFL, and title sponsor of the

2021 Portuguese Grand Prix The 2021 Portuguese Grand Prix (officially known as the Formula 1 Heineken Grande Prémio de Portugal 2021) was a Formula One motor race that took place on 2 May 2021 at the Algarve International Circuit in Portimão, Portugal. The 66-lap race w ...

United States

As a result of an

act of the United States Congress An Act of Congress is a statute enacted by the United States Congress. Acts may apply only to individual entities (called private laws), or to the general public ( public laws). For a bill to become an act, the text must pass through both house ...

in October 2006, 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 The Nevada Gaming Commission is a Nevada state governmental agency involved in the regulation of casinos throughout the state, along with the Nevada Gaming Control Board. In 1959, the Nevada Gaming Commission ("Commission") was created by the pass ...

granted 888casino a license as an ''Interactive Gaming Service Provider'', making it the first company providing exclusively

online gambling Online gambling is any kind of gambling conducted on the internet. This includes virtual poker, casinos and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery in ...

to be licensed by any US jurisdiction. In January 2011, the

New Jersey Legislature The New Jersey Legislature is the legislative branch of the government of the U.S. state of New Jersey. In its current form, as defined by the New Jersey Constitution of 1947, the Legislature consists of two houses: the General Assembly and the ...

passed a bill sponsored by

Raymond Lesniak Raymond J. "Ray" Lesniak (born May 7, 1946) is an American Democratic Party politician, who served in the New Jersey State Senate from 1983 to 2018, where he represented the 20th Legislative District. Before entering New Jersey's upper house, t ...

to allow online gambling by New Jersey residents over the age of 21. In August 2013, 888casino signed an agreement with

Caesars Entertainment Corporation Harrah's Entertainment (later named Caesars Entertainment Corporation, previously The Promus Companies) was an American casino and hotel company founded in Reno, Nevada, and based in Paradise, Nevada, that operated over 50 properties and seven go ...

through the group's All American Poker Network (AAPN) joint venture with Avenue Capital, enabling 888casino to offer own-branded products in New Jersey. 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. 888casino's payout rate is 95.1%.

References

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External links

888casino website
888 Holdings Online casinos Internet properties established in 1997