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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 ...
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, is an island country in Southern Europe located in the Mediterranean Sea, between Sicily and North Africa. It consists of an archipelago south of Italy, east of Tunisia, and north of Libya. The two ...
, 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 local population, is an island in the Lesser Antilles. It is one of the Leeward Islands in the Caribbean region and the most populous island of the country of Antigua and Barbuda. Antigua ...
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 sin ...
. 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 took the top spot. In April 2012, InterCasino's parent company, CryptoLogic, was acquired by the Amaya Gaming Group 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. 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
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...
's Advertising Standards Authority 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