InterCasino is an online gambling

Online gambling

Online gambling, also known as Internet gambling and iGambling, is a general term for gambling using the Internet.-Online poker:Online poker tables commonly offer Texas hold 'em, Omaha, Seven-card stud, razz, HORSE and other game types in both tournament and ring game structures...

 casino which was founded in 1996 and is registered in Malta

Malta

Malta , officially known as the Republic of Malta , is a Southern European country consisting of an archipelago situated in the centre of the Mediterranean, south of Sicily, east of Tunisia and north of Libya, with Gibraltar to the west and Alexandria to the east.Malta covers just over in...

. InterCasino is owned and operated by Online Interactive Gaming Entertainment and uses the Cryptologic

CryptoLogic Inc

Cryptologic Limited is a Dublin, Ireland-based software application service provider , one of the five largest in the industry along with Boss Media, Microgaming, Playtech, and Real Time Gaming....

 online gambling software. InterCasino operates under licenses issued and regulated by the Lotteries & Gaming Authority of Malta. It has a payout rate of 98.24%.

History

InterCasino launched in January 1996 as the first licensee of the Cryptologic software platform and was the first online casino were players could bet and win real money.

Initially it was launched by William "Billy" Scott in Antigua

Antigua

Antigua , also known as Waladli, is an island in the West Indies, in the Leeward Islands in the Caribbean region, the main island of the country of Antigua and Barbuda. Antigua means "ancient" in Spanish and was named by Christopher Columbus after an icon in Seville Cathedral, Santa Maria de la...

, who was originally a bookmaker

Bookmaker

A bookmaker, or bookie, is an organization or a person that takes bets on sporting and other events at agreed upon odds.- Range of events :...

 from Toledo, Ohio

Toledo, Ohio

Toledo is the fourth most populous city in the U.S. state of Ohio and is the county seat of Lucas County. Toledo is in northwest Ohio, on the western end of Lake Erie, and borders the State of Michigan...

. According to CNN Scott was charged in 1998 by U.S. prosecutors with illegally taking online sports bets. However the business has since been sold on to new owners and operates out of the UK.

In November 2002 InterCasino launched a poker room. Originally called InterCasinoPoker, the name was eventually shortened to InterPoker. Currently they sponsor Finnish professional poker player Juha Helppi

Juha Helppi

Juha Helppi is a Finnish professional poker player from Helsinki.-Career:Juha was originally a poker dealer, but made a name for himself in the first World Poker Tour event in Aruba, where he eliminated Kathy Liebert on the way to defeating professional player Phil Gordon in a heads-up challenge...

.

In September 2006 InterCasino stopped accepting wagers from US players following the Unlawful Internet Gambling Enforcement Act of 2006

Unlawful Internet Gambling Enforcement Act of 2006

The Unlawful Internet Gambling Enforcement Act of 2006 is United States legislation regulating online gambling. It was added as Title VIII to the SAFE Port Act which otherwise regulated port security...

, which made transactions from banks or similar institutions to online gambling sites illegal.

In May 2007 InterCasino paid out $8 million dollars to an Italian factory worker, the largest ever sum to be won by an online casino player.

In April 2008 InterCasino had a series of TV adverts banned in the UK by the Advertising Standards Authority

Advertising Standards Authority (United Kingdom)

The Advertising Standards Authority is the self-regulatory organisation of the advertising industry in the United Kingdom. The ASA is a non-statutory organisation and so cannot interpret or enforce legislation. However, its code of advertising practice broadly reflects legislation in many instances...

for breaching its code on advertising by gambling companies on the grounds that that adverts were deemed as appealing to children or young people.