888 offers a comprehensive gaming experience - including casino, poker, bingo and sports betting - through a number of leading brands in regulated markets around the world. Online Casino NJ - Licensed & Regulated. 888casino New Jersey is licensed and regulated by the New Jersey Division of Gaming Enforcement (DGE) to offer real-money online casino games to all legal-age players in the Garden State. The 888 brand has an established history dating back to 1997, with industry-leading operations throughout the online gaming world.
Industry | Online casinos |
---|---|
Founded | 1997 |
Headquarters | Gibraltar |
Worldwide | |
Parent | 888 Holdings |
Website | 888casino.com |
888casino, formerly Casino-on-Net, is an online casino founded in 1997 and based in Gibraltar. It is one of the Internet's oldest casinos,[1] and in 2013 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 1997. 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 1994 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 888casino in 2010 to unify the look and feel with other 888 brands.[6] By 2015 the site was licensed and operating in Gibraltar, New Jersey, Denmark, Spain and a number of other countries and territories.[7][8]
888casino was title sponsor of the 2013 World Seniors Championship in Snooker.[9]
In 2015, Gaming Intelligence magazine described 888casino as 'the only truly pan-European casino.'[10]
In 2017, 888casino signed a deal to include slot games from Berlin-based Merkur Interactive Services GmbH, part of the Gauselmann Group.[11]
888casino has been awarded eCOGRA's Safe and Fair assurance seal.[12]
United States[edit]
As a result of an act of the United States Congress in October 2006,[13] online gaming firms were forced to their presence in the US market, resulting in a mass exit from the US market for these sites. Play chocolatier online.
In March 2013, the Nevada Gaming Commission granted 888casino 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 2011, the New Jersey Legislature passed a bill sponsored by Raymond Lesniak to allow online gambling by New Jersey residents over the age of 21.[14] In August 2013, 888casino signed an agreement with Caesars Entertainment Corporation[15] through the group’s All American Poker Network (AAPN) joint venture with Avenue Capital, enabling 888casino to offer own-branded products in New Jersey.[16]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.[17] 888casino's payout rate is 95.1%.[1]
Awards[edit]
Award | Year |
---|---|
Casino Operator of the Year, Gaming Intelligence Awards | 2019[18] |
Casino Operator of the Year, eGR Operator Awards | 2019[19] |
Best Casino Operator, Gaming Intelligence Awards | 2015[10] |
Digital Operator of the Year, Global Gaming Awards | 2014[20] |
Operator of the Year, eGR Operator Awards | 2013[21][22] |
Best Casino Operator, eGR Operator Awards | 2013[22] |
References[edit]
- ^ ab'888casino'. Gambling.org. Archived from the original on 2017-12-15. Retrieved 2017-12-15.
- ^ abRobin Wauters (March 22, 2013). ''An historic moment': 888 first online gambling company to win US license'. The Next Web. Archived from the original on December 15, 2017. Retrieved December 15, 2017.
- ^Matthew Garrahan (3 September 2005). 'Lucky draw puts brothers at top of their game'. Financial Times.
- ^Paul Gallagher (17 February 2013). 'Meet the pioneers who are making millions from online gambling'. The Independent. Archived from the original on 27 August 2017. Retrieved 23 August 2017.
- ^'Free Trade and Processing Zone Act 1994'(PDF). Government of Antigua and Barbuda. Archived from the original(PDF) on 2014-03-22.
- ^'888 Holdings plc 888 Q4 KPI's and IMS'. Bloomberg. Archived from the original on 2015-09-24. Retrieved 2017-03-04.
- ^'Remote Gambling'. gibraltar.gov.gi. Archived from the original on 2014-11-01. Retrieved 2015-07-01.
- ^'888 announces launch of major brands in Regulated Markets Romania & Denmark'. Regulatory News Service. September 3, 2015. Archived from the original on June 26, 2018. Retrieved July 11, 2016.
- ^'888casino.com ups snooker investment'. sportspromedia.com. Archived from the original on 2015-07-03. Retrieved 2015-07-01.
- ^ ab'Casino Operator of the Year'. Gaming Intelligence. 6 February 2016. Archived from the original on 15 December 2017. Retrieved 15 December 2017.
- ^'Ab sofort Merkur-Spiele im 888 Casino'. Game Oasis (in German). Archived from the original on 2017-12-16. Retrieved 2017-12-15.
- ^'Safe and Fair Seals: Approved Casinos'. eCOGRA. Archived from the original on 2017-12-08. Retrieved 2017-12-15.
- ^Fiona Walsh (2006-10-09). 'Last chance saloon for online gaming firms'. The Guardian. London. Archived from the original on 2017-12-16. Retrieved 2017-12-15.
- ^'N.J. Senate Bill No. 490 (2010)'(PDF). Archived(PDF) from the original on 2016-04-23. Retrieved 2017-12-15.
- ^'Wynn Partners With 888 Holdings For Online Gambling In Nevada'. Seeking Alpha. 26 September 2013. Archived from the original on 16 July 2014. Retrieved 15 December 2017.
- ^'888 joins with Avenue Capital for online gambling push in the US'. The Independent. Archived from the original on 2017-12-15. Retrieved 2017-08-23.
- ^'eCogra Certification'. www.ecogra.org. Archived from the original on 2015-06-11. Retrieved 2015-07-01.
- ^'Gaming Intelligence Casino Operator of the Year - 888casino'. Gaming Intelligence. 2020-02-05. Retrieved 2020-07-21.
- ^'EGR Operator Awards 2020 - AwardStage'. egroperatorawards.awardstage.com. Retrieved 2020-07-21.
- ^'Global Gaming Awards 2014'. Gambling Insider. Archived from the original on 2017-09-27. Retrieved 2017-12-15.
- ^'Archived copy'. Archived from the original on 2014-05-14. Retrieved 2014-05-14.CS1 maint: archived copy as title (link)
- ^ ab'Die Gewinner der EGR Operator Awards 2013'. Agaco (in German). Archived from the original on 2017-12-16. Retrieved 2017-12-15.
External links[edit]
Retrieved from 'https://en.wikipedia.org/w/index.php?title=888casino&oldid=985652592'
888 was founded in 1997 in the British Virgin Islands as Virtual Holdings Limited. In the same year, its Antiguan subsidiary obtained a gaming licence in Antigua where it based all of its management, gaming servers, member support functions and technical and payments staff. 888's platform and first proprietary product, Casino-on-Net, was launched in May 1997.
Random Logic Limited was established in 1998 in Tel-Aviv, Israel to provide research and development and marketing services to 888.
888 Casino Login
888 launched its second casino product, Reef Club Casino, in June 2002. In 2002, 888 Holdings launched its 888.com brand and also its multi-player online poker room, Pacific Poker. 888 Holdings also established an additional marketing office, Virtual Marketing Services (UK) Limited, in London in 2002 to source its offline advertising in the UK.
In July 2003, 888 obtained a gaming licence in Gibraltar. At that time, 888's headquarters, management and operational centre, including all of its gaming and deposit servers and its dedicated member support centre, were moved from Antigua to Gibraltar. Towards the end of 2003, 888 launched version seven of Casino-on-Net.com.
In August 2004 888 introduced a pilot programme for skill games (888.tv and 888.info). In October 2004, 888 Holdings launched access to a betting exchange platform, Betmate.com, to non-US members.
In October 2005, 888 was listed on the main market of the London Stock Exchange. The company was also a founding member of eCOGRA, the pre-eminent industry benchmark of consumer protection.
The year proved to be a watershed for the online gaming industry following the passing of the UIGEA in the United States on 29 September 2006 - as a consequence all activity with US based customers was ceased. In January 2006, 888 had launched an entirely new Casino product with a new graphical user interface, new industry leading video-slot machines and promotion features.
888 made its first acquisition, with the purchase of the Bingo business and assets from Globalcom Limited. The first quarter saw the rollout of innovative products such as localised Video Slots, Blackjack in Poker and Blackjack. The year also saw 888 sign its first white label agreements, as the company moved into the B2B arena.
The launch of 888sport in March meant that 888 offered all four key online gaming segments: Casino, Poker, Sports and Bingo. The hugely successful 888ladies Bingo offering was launched in February 2008, with innovative social aspects.
Early in 2009 888 rebranded and relaunched the B2B business as Dragonfish, crystallizing its position as a stand-alone, but complementary, part of the Group. In December the acquisition of the Wink Online Bingo business added to the tremendously successful emerging offering, and Reef Club Casino was introduced as a recession-friendly offering Tote sport games.
The look and feel of the umbrella brand was updated early in the year and sub-brands refocused to reflect the four core gaming products — 888casino, 888poker, 888sport and 888bingo. The acquisition of Mytopia in June added assets that form the cornerstone of 888’s social gaming and mobile strategy.
How to win at craps in a casino. In March 2011, 888’s agreement with Caesars Interactive Entertainment gained regulatory approval from the Nevada Gaming Control Board and the Nevada Gaming Commission. This marked first strand of 888’s strategy to launch in the US online gaming market, once regulated.
In July 2011, the Italian regulated market opened for Casino following which 888 launched in that market.
Dragonfish continued to receive industry accolades and won two of the most prestigious awards at the eGaming Review B2B Awards: Poker Software of the Year and Bingo Supplier of the Year.
2012 was a very busy year for 888 starting in January when 888 extended its relationship with Caesars Interactive Entertainment to power a number of their poker brands including the 'WSOP' into the US market, once regulated.
Following the award of a Spanish eGaming Licence in June 2012, 888.es launched in Spain and built significant market share. Slot games were introduced to 888’s offering in Italy in December 2012.
During the year, 888 also signed an agreement with Facebook to launch real-money products on the social network.
In 2013, 888 entered the regulated US online gaming market, starting with the WSOP brand, powered by 888’s gaming platform, launching in Nevada in September.
iGaming in Delaware was launched in November with poker, casino table games and casino slots powered by 888 and, later that month, the 888casino and 888poker brands launched alongside the WSOP brand in New Jersey. Together this meant that 888 was the only online gaming operator with a presence in all three regulated US online gaming markets.
In May, 888Sport relaunched with a new partner, Kambi Sport Solutions with encouraging results.
888’s consistency and leadership was recognised at the 2013 eGaming Review Operator Awards when 888 was the winner in the prestigious Poker Operator of the Year, Casino Operator of the Year and Best Operator of the Year categories.
In February 2014, 888’s US presence stood to benefit from the signing of a new interstate liquidity agreement allowing poker player pooling between the states of Deleware and Nevada.
888 Casino Logo Transparent
The Company continued to build its presence in regulated online gaming markets with the launch of 888sport in Spain in the second half of the year as well as a mobile offering in Italy at the end of the year.
2015 was another busy year for 888 with the opening of a new retro-themed casino brand, 777, as well as launches of Casino, Poker and Sport offerings over Mobile and PC platforms in Denmark. In the first half of the year, the company also launched slot games in Spain and its multistate poker network in the US went live.
Itai Frieberger was appointed CEO and Brian Mattingley Non-Executive Chairman in March. 888 continued to develop its presence in regulated European markets with the launch of Italy early in the year
888 continued its expansion with a year of record revenue reflecting further expansion in Casino, Sport and across regulated markets. The senior management structure was revised and Itai Pazner appointed as COO to help support 888’s continued growth.
888 Casino Logo
Itai Pazner appointed as CEO, to continue to deliver 888’s growth strategy.