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Online casino founded in

casino, formerly Casino-on-Net, is an online casino brand owned by Evoke plc. It was founded in , and is headquartered in Gibraltar. It is one of the Internet's oldest casinos,^[1] and in 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 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 , 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 casino in to unify the look and feel with other brands.^[6] By the site was licensed and operating in Gibraltar, New Jersey, Denmark, Spain and a number of other countries and territories.^[7][8]

In , Gaming Intelligence magazine described casino as "the only truly pan-European casino."^[9]

In , casino signed a deal to include slot games from Berlin-based Merkur Interactive Services GmbH, part of the Gauselmann Group.^[10]

casino has been awarded eCOGRA's Safe and Fair assurance seal.^[11]

In , casino 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 , casino acquired William Hill International's European business from US owners Caesars Entertainment for a purchase price of £ billion.^[12][13]

[edit]

casino has been involved in sponsorship of sporting events, teams and athletes, including as title sponsor of the World Seniors Championship in snooker, the New York Jets of the NFL, Dundalk FC, and title sponsor of the Portuguese Grand Prix.^[14]

United States[edit]

As a result of an act of the United States Congress in October ,^[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 , the Nevada Gaming Commission granted casino 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 , the New Jersey Legislature passed a bill sponsored by Raymond Lesniak to allow online gambling by New Jersey residents over the age of ^[16] In August , casino signed an agreement with Caesars Entertainment Corporation^[17] through the group's All American Poker Network (AAPN) joint venture with Avenue Capital, enabling casino to offer own-branded products in New Jersey.^[18] casino 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 casino.^[19] casino's payout rate is %.^[1]

References[edit]

External links[edit]