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Twitch Crypto Casino Ban Ignores Biggest Game

During a closely guarded Twitch streaming enabled September 18, UK-based creator Sliker delivered a tearful confession to his audience. “It’s time for the truth,” he said between sobs. “I lied to a lot of people…I borrowed money from people.” He priested, confessed, at least $200,000 from other streamers and fans, a move he claims was the result of a gambling addiction that began with counter strike global offensive. “He would walk past streamers and ask if he could borrow money,” she said. “I would not agree with them because it was the game. I would lie to you.” They have since stripped him of his partner status and users can no longer subscribe to his channel.

Sliker’s scam of several well-known streamers is drawing attention to Twitch’s complicated relationship with gaming, which has existed on the platform for years. Critics say that for impressionable viewers, watching their favorite streamers place bets can be a gateway to a costly, sometimes illegal, life-ruining addiction. Twitch says it has been “actively reviewing” gambling content and has plans for changes in October, but some streamers want it off the platform entirely.

On Twitch, you can stream slots, sports betting, poker, and other games that are legal in many places. Many streamers do, part of lucrative endorsement deals where companies give them money or referral codes to play games on their sites in front of viewers. It’s mutually beneficial: streamers get big paychecks, some claim they make millions, and gaming companies turn big-name streamers into live ads for their services. According to shrinkage tracker“Slots” is currently the 10th most viewed category on the platform.

Twitch doesn’t allow streamers to share referral codes, affiliate links, or links to sites that feature slots, roulette, or craps, but some streamers have managed to get around those rules, according to the Twitch website. the company itself. The platform is in the midst of a “crypto gaming boom”, despite the fact that many crypto gaming sites are not legally permitted to operate in places like the US. Because crypto casinos are essentially offshore, they evade gaming regulations, but US players can still access them via VPN. Crypto casinos are also showing no signs of slowing down; in August, Bloomberg reports Crypto casinos continue to attract young players thanks to their continued presence on Twitch and celebrity endorsements like rapper Drake.

Gambling, legal or otherwise, has long been considered problematic by some in the Twitch community. Shortly after Sliker’s confession, prominent Twitch stars Pokimane and Mizkif, along with streamer and marketing agency co-founder Devin Nash, reunited in a stream to talk about Sliker and the role of gambling on the platform. They proposed a campaign to pressure Twitch to ban gambling: a 1 week boycott during Christmas, a highly trafficked holiday on Twitch. Nash, in particular, has been adamant about Playing out of contraction, vocation it’s “horrible for the platform” as well as “harmful for young Twitch users, bad for legitimate advertisers, and lowers the quality of the entire site.”

Twitter Announced on September 20th that it will update its policies, effective October 18th, to specifically prohibit the streaming of gambling sites “involving slots, roulette, or craps games that are not licensed in the US or other jurisdictions that provide enough consumer protection,” the company said on Twitter. Currently, that list includes crypto casinos Stakes.com, Rollbit.com, Duelbits.com, and Roobert.com, though Twitch notes that the list could grow as they begin enforcing the new guidelines.

To be clear, this is not an outright ban on gambling, it is a blow to crypto casinos. Twitch will still allow streams for legal activities such as sports betting, fantasy sports and poker, and even chance-based games like slots or craps under US license. TwitterNash called the move to abolish offshore cryptocurrency betting sites “a step in the right direction,” noting that it may make streaming betting on Twitch more difficult and lead to consumer protection on things like deposit limits. , protections that could “reduce the number of tragic stories we see from those who started gambling because of Twitch.”

“But what we were fighting for was a ban on luck-based gambling because it is objectively harmful to the website and its users,” he wrote in Twitter earlier this week. “This is not it. The game based on luck will still be alive and kicking on the website on October 18.”


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