Primary Development in typically the 1990s: The first online casino made an appearance in the mid-1990s, driven by developments in technology and the rapid development of the web. Microgaming, a computer software company that launched in 1994, is credited with building the first online gambling software, while CryptoLogic, an online safety software company, caused secure online financial transactions, allowing real-money gambling to prosper. InterCasino, launched in 1996, is a single of the 1st recognized online casinos.