Aaron Shaked claims to have come up with the idea of the online casino while attending a dentistry conference in Monte Carlo. History Ĭasino-on-Net was established by brothers Aaron and Avi Shaked along with partners Ron and Shay Ben-Yitzhaq, also two brothers, in 1997. It is one of the Internet's oldest casinos, and in 2013 it became the first exclusively online casino to be licensed in the United States. It was founded in 1997, and is headquartered in Gibraltar. 888casino, formerly Casino-on-Net, is an online casino brand owned by 888 Holdings.