Twitch Streamers Win Millions in Online Cryptocurrency Casino
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Online casinos like Stake.com, Roobet and Duelbits are not exactly legal in the United States. However, the illegality does not stop some of the biggest streamers on Twitch from winning hundreds of thousands of dollars in crypto in a single gaming session and live streaming it to millions of followers.
Duelbits is a cryptocurrency online casino website that is not legal in the US. Most states in US still face an uphill battle when it comes to legislation and online casinos.
Twitch Streamers Win Millions in Online Cryptocurrency Casino using virtual proxy networks. Tyler Niknam and Felix "xQc" Lengyel used them to access these websites. It is illegal to stream illegal gambling. Nik Nam moved to Canada to live and gamble. He spent 12 hours a day in a single day.
Twitch is witnessing a huge surge in gambling related streaming. This is driven by the advent of crypto casinos like Stake, Roobet and Duelbits. These websites are paying Twitch streamers to promote their sites.
As many as 64 of the top one thousand biggest Twitch streamers have streamed online casino gaming in return for sponsorship deals from crypto casinos. Some of them are streaming gambling to their followers, some of whom are as young as 13-17. Gambling can be addictive and minors are especially at risk. Most of gambling games streamed on Twitch are illegal in the US. Rinaudo, 26, quit streaming because he didn't feel good doing any type of betting sponsorships. He said that he feels like he's wasting his life. The act of streaming it from within the U.S. is also illegal.
