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Cryptocurrency 5 hours ago (Sep 21, 2022 05:00AM ET)
Backlash Against Twitch: Crypto Livestream Gambling Banned
- BitcoinAgile tweeted regarding Twitch’s ban on livestream gambling.
- The ban was the result of a backlash against Twitch.
- A prominent gamer was allegedly scamming their users.
The leading information platform BitcoinAgile tweeted, revealing the decision of Twitch, the interactive live stream service for gaming, sports, music, and other content, to ban controversial crypto gambling livestreams. The decision resulted from a backlash against Twitch as certain top Twitch streamers had been allegedly scamming their users.
On Tuesday, Twitch tweeted about a change in livestream gambling, stating that it would ban the streaming of gambling sites that include slots, roulette, or dice games:
An update on gambling on Twitch. pic.twitter.com/lckNTY9Edo
— Twitch (@Twitch) September 20, 2022
Earlier, a prominent Twitch streamer Abraham Mohammed, known as Sliker admitted that he had scammed the users by allegedly raising funds for his Counter-Strike: Global Offensive gambling addiction.
In response to this revelation, some celebrated streamers like Imane “Pokimane” Anys, Matthew “Mizkif” Rinaudo, and Devin Nash coordinated a boycott of Twitch to protest the platform’s loose gambling policies, which put the company under greater pressure.
According to the new statement, Twitch would ban the livestream gambling sites including Rollbit, Satke.com, and Duelbits that “aren’t licensed either in the US or other jurisdictions that provide sufficient consumer protection.” The ban would run into action by October 18.
However, Twitch would allow sports betting, fantasy sports, and poker to continue functioning. The company added that the ban might be expanded to other sites and contents according to the status of the problem.
Nevertheless, livestream gambling’s large-scale ban could affect the prominent figures on the platform as gambling is not only entertainment but also a source of income. For instance, the gamer Tyler Faraz “Trainwreck” Niknam stated that the creators make up to a million a month from gambling companies.
Reasons my streamers are justified in doing gambling streams. #twitchstopgambling pic.twitter.com/xgOon43pIt
— ostonox (@ostonox) September 19, 2022
When the rumors against Twitch increased, the company stated that it wasn’t devoid of any rules, but remarked: “Some people circumvent those rules and expose our community to potential harm.”
The post Backlash Against Twitch: Crypto Livestream Gambling Banned appeared first on Coin Edition.
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