Twitch Cryptocurrency Casino Gambling Illegal, Experts Say
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Tyler Niknam from Texas has broken US law by streaming himself playing on an online cryptocurrency casino, according to legal experts.
Tyler Niknam has 1.5 million followers on Twitch. He has a partnership with Stake.com, a website that does not have a gambling license in any state. Legal experts claim he may have broken the law by promoting the website.
Niknam has been streaming more footage of himself playing Stake slots. Jeff Ifrah, an attorney specializing in online gambling law, has said US-based promoters for cryptocurrency casinos could face prosecution. Stakes has an operating license on the island of Curaçao. Niknam's home state of Texas has a ban on all casino gambling or sports betting.
Niknam has been criticized for promoting unhealthy gambling habits. Trainwrecks lost $2 million off-stream. He was $100,000 down overall on the gambling site in April, even though he had won a $400,00 jackpot.
Twitch Cryptocurrency Casino Gambling is illegal according to experts.
Twitch is a popular gaming channel. Some casinos are paying popular streamers to play their games on their channels. Keith Whyte, executive director of the National Council on Problem Gambling in Washington, D.C., claims that many of these agreements with streamer are illegal and dangerous to vulnerable people.
