InterCasino established the first

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 ...

in 1996"About us"
. InterCasino. Retrieved 18 March 2013. and is part of the InterCasino Group, which is owned and operated by CryptoLogic Operations Ltd, a subsidiary of Goldstar Acquisitionco Inc. Registered in

Malta Malta ( , , ), officially the Republic of Malta ( mt, Repubblika ta' Malta ), is an island country in the Mediterranean Sea. It consists of an archipelago, between Italy and Libya, and is often considered a part of Southern Europe. It lies ...

, it is regulated by the Lotteries & Gaming Authority of Malta.

History

Intercasino was created on November 17, 1996. In 1996, InterCasino accepted the first genuine money wager online after the business was initially launched in

Antigua Antigua ( ), also known as Waladli or Wadadli by the native population, is an island in the Lesser Antilles. It is one of the Leeward Islands in the Caribbean region and the main island of the country of Antigua and Barbuda. Antigua and Bar ...

by William "Billy" Scott, a former Ohio bookmaker. In 1998, he was charged by prosecutors in the US for illegally taking sports bets online and the business is now in the hands of new owners. InterCasino's online platforms are powered by WagerLogic software, a division of

CryptoLogic Cryptologic Limited was a Dublin, Ireland-based software application service provider (formerly Toronto, Ontario, Canada), one of the oldest established in the online gambling industry. It was acquired by the Amaya Gaming Group in 2012 and has si ...

. In 2002, InterCasino launched InterCasinoPoker, a poker room. InterCasino is regulated by Malta The name was later shortened to InterPoker. The following year, ''Gambling Online'' magazine voted InterCasino as 'Top Online Casino', an accolade it also won in 2004 (jointly with Omnicasino), 2005 and 2006. In 2007 it came in second place after

888.com 888 Holdings PLC, () known commonly as 888, is a public company which owns several popular gambling brands and websites, including 888sport, 888casino and 888poker. 888 is based in Gibraltar. It is listed on the London Stock Exchange and is a con ...

took the top spot. In April 2012, InterCasino's parent company, CryptoLogic, was acquired by the

Amaya Gaming Group The Stars Group Inc. (formerly known as Amaya Inc., Amaya Gaming Group Inc. and Rational Group) was a Canadian gaming and online gambling company headquartered in Toronto, Ontario, Canada. Its shares were traded on Nasdaq and the Toronto Stock Ex ...

in a $35.8 million cash for shares takeover. Amaya subsequently sold Cryptologic's business-to-consumer facing subsidiary, WagerLogic, to Goldstar Acquisitionco Inc in a transaction valued at $70 million in February 2014. This sale included all of Cryptologic's consumer facing online gambling sites including InterCasino, InterPoker, and InterBingo. In 2019, casino operator JPG Group announced that it is to withdraw the InterCasino brand from operating in the UK market.

Payouts

The then world's biggest online jackpot was won in December 2005 winning $1,768,518.49 playing InterCasino's Millionaires Club progressive slots. The record was then broken in May 2007 when a blacksmith with the player name of Obaesso won $8,000,000.

Regulation

Wagers from US players for InterCasino games stopped being accepted in October 2006 due to the

Unlawful Internet Gambling Enforcement Act of 2006 The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) is United States legislation regulating online gambling. It was added as Title VIII to the SAFE Port Act (found at ) which otherwise regulated port security. The UIGEA prohibits gam ...

. This made transactions from banks and similar financial institutions to online gambling websites a crime. As of November 9, 2011, InterCasino's services were not available to residents from the United States, the People's Republic of China, Vietnam, Hong Kong, Macau and Turkey. In 2008, a series of online casino and poker TV adverts from InterCasino were banned by the ASA because they were deemed as using juvenile and slapstick humour that could appeal to young people and children. InterCasino's parent company at the time, Online Interactive Gaming Entertainment, defended the adverts, describing them as using "gentle slapstick humour reminiscent of old-fashioned routines by Charlie Chaplin or Benny Hill" and, as such, not designed to appeal to children or young persons.

References

External links

Official site
{{DEFAULTSORT:Intercasino Online casinos Online gambling companies of the United Kingdom Online gambling companies of Malta Gambling companies established in 1996