In 2002, live betting was introduced for the first time and it was the start of the online sports betting industry as it allowed players to make wagers on live sports betting events.The model turned out to be a great success and is still used by hundreds of casinos today. Instead of accepting bets from players like most of the other casinos, Betfair decided to introduce a system where players could place bets with each other. Betfair launched in 2000 and became a very popular with online gamblers as the online website relied on a unique model.Software providers went a step further and in the early 2000s online casinos offered their players a downloadable version that allowed them to launch the online casino from their desktop. During the early days, most online casinos used to offer flash based games that a player could access from their desktop.They pioneered the way for others and it wasn’t long before the likes Cryptologic (1995), Boss Media (1996), Grand Virtual (1997), Party Gaming (1997), Playtech (1999) got on board and started providing competition to Microgaming.
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