The History of the Rise of Online Gambling in Myanmar

Not long ago, we were introduced to the metaverse, but as we know that the history of the Internet is relatively short. How can it change so much? And what is the connection with us in Myanmar? The term metaverse originated in the 1992 sci-fi novel Snow Crash as a portmanteau of “meta” and “universe”. In Snow Crash, the metaverse is envisioned as a hypothetical iteration of the Internet as a single, universal, and immersive virtual world that is facilitated by the use of virtual reality (VR) and augmented reality (AR) headsets. 

We are all excited to explore a whole new world where we don’t have to step out of our home sweet home to benefit from the virtual world. For example, we can virtually enjoy taking a bike to G&G for snacks, fishing in our favourite spot without worrying about the weather, and enjoy traditional casino games from the comfort of our own homes to win real money!

Back in the day, whether in Yangon or elsewhere, we all used phones with analog keyboards, black-and-white display screen, with only basic functions like phone call, sms, built in games and spending hours customising the ringtone on the unbreakable Nokia 3310. And out of a sudden “BOOOM”, the internet and smartphone is here! Changing how we live and work.

Initially, the internet was created for people to access basic amenities such as education, health care, public safety, and government services with more affordability and efficiency. Over time, the internet has evolved significantly. Nowadays, you can shop online, make friends on the opposite side of the world online, go to school online and more. 

One of the most notable improvements in the digital world is the gaming industry, which has risen due to the internet growth and there are a diverse number of gaming platforms that allow us to make real money online. Additionally, the rise of social platforms like Facebook, Instagram, and TikTok has provided many opportunities for people to monetize their activities and content. Let’s say, you can see youngsters dancing on the street to create content, salesmen making transactions online, or even farmers getting high accuracy forecast weather through the 5G network. 

So who invented Myanmar online casino? Is our online casino the same as the rest of the world? The answer is yes. We would like to give this credit to “Microgaming”, a software development company founded in 1994. Microgaming launched the first and ever online casino software, called “CasinoOnNet” in 1994. This helps to lay the foundation for the online gambling industry. They were the pioneers in creating the necessary technology for online gaming, including secure payment systems and software for gaming. This establishment played a crucial role in shaping the online gambling industry today.

Online Casino is also known as iGaming or eSport. It’s any kind of gambling conducted on the internet. At BK959, we provide you with games that are easily accessible like slots games, sports betting, live casinos, roulette, dragon tiger, baccarat, fishing and more that you can win real money right on your hand phone. 

Back to grandpa story time. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery, which began ticketing in October 1994, and is often cited as one of the earliest examples of online gambling. While it was not a casino, it marked an important milestone in online betting. 

As we continue to benefit from the conveniences of developments, always remember the motto: “The higher the risk, the bigger the return.”