Twitch’s gambling boom is luring gamers into crypto casinos

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PokerTube

Twitch Streamer Earns $360m from Online Gaming Streams

Twitch streamer Trainwreck sent shockwaves through the Twitch community, still grappling with the fallout from the negative impact of gambling streams, as he publicly stated that his earnings from gambling streams on the platform had reached a staggering $360 million. Twitch, the foremost platform for video game streaming, recently banned…

Industry ・ 03 September 2023

WIN

Is Trainwrecks in debt from gambling streams?

Tyler "Trainwrecks" Niknam has become known for his gambling streams, which is why he recently moved to Kick after Twitch banned most gambling-related activity. But even his own fans have become a bit concerned with just how much Trainwrecks has been losing while doing his gambling streams. Trainwrecks started as a gaming streamer that liked to…

Crypto ・ 29 March 2023

Gambling News

Trainwreck Dropped Bombshell, Claimed He Made $360M Gambling

Twitch streamer Trainwreck made waves in the Twitch communities that are still reeling from the negative impact of gambling streams by stating that he had made $360 million from gambling streams on the platform. The most popular platform for video game streaming, Twitch, officially announced a ban on unregulated gambling sites, ousting sites like…

Sports ・ 21 October 2022

Vegas Slots Online

Trainwreck Plans for New Platform as Twitch Bans Casinos

This week, Twitch introduced a ban on streams featuring unregulated casinos such as Stake and Roobet. One of the main content creators impacted by that measure is Tyler Niknam, better known as Trainwreck. The streamer has secured a strong following through his high stakes gambling exploits. make his own platform or team up with one Niknam has been…

NFL ・ 21 October 2022

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The Medium

The rise and risks of crypto gambling on Twitch

As the seventh most popular category of streams on Twitch, crypto gambling has taken the cyberworld by storm, which is not necessarily positive. Every computer, tablet, or smartphone can now be used as a gambling device by persons of all ages. Although the origin of gambling is unknown, it has been practiced for centuries in China. Until 1638, when…

Crypto ・ 03 October 2022

iGaming Business

Twitch casino ban: How did we get here?

With gaming streaming site Twitch - and the streaming sector in general - having exploded in recent years, early casino streamers began to get in on the opportunity. CasinoDaddy and Roshtein - some of the most-followed streamers at the time of the ban - both began streaming slots in 2016. CasinoGrounds - which became a hub for many slots streamers…

Covid ・ 23 September 2022

BBC

Twitch announces slots and roulette gambling ban

Twitch has announced a partial gambling ban, targeting slots, roulette and dice games. The Amazon-owned livestreaming platform will bar videos of gambling sites not licensed in the US or "other jurisdictions that provide sufficient consumer protection". The ban includes cryptocurrency gambling sites such as Stake.com, based on the Caribbean island…

Roulette ・ 12 October 2022

ClutchPoints

Twitch will be banning gambling streams

In the near future, Twitch will start banning streams that feature online gambling on it. Click here to learn more about this banning, and why it came to be. This call to ban gambling from Twitch did not just happen out of nowhere. It all started when some of Twitch's biggest streamers, like Matthew "Mizkif" Rinaudo, Félix "xQc" Lengyel, and Hasan…

Christmas ・ 21 September 2022

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NBC News

Twitch announces it will ban users from streaming unlicensed gambling content

Twitch on Tuesday announced a ban on streaming unlicensed gambling sites, including slots, roulette and dice websites, starting next month. Sites that will be prohibited include Stake.com, Rollbit.com, Duelbits.com and Roobet.com. More websites may be banned later, Twitch said in a statement on Twitter. Websites focusing on sports betting, fantasy…

Law ・ 21 September 2022

CG Mag Online

Twitch Gambling Has Raised Concerns Among the Streaming Community

Many new categories and genres can be streamed on Twitch lately. A relatively new'Just Chatting' category has marched its way into the many genres of streaming during the pandemic, and to coincide with the time, it was warranted due to social distancing and regulations for mass gatherings. But with new genres opening up for Twitch a new boom…

Covid ・ 10 August 2022

TalkEsport

Many Viewers Losing Thousands To Crypto Casinos due to Twitch

Years after the first Twitch gambling meta of CSGO skins got sidelined after Valve sent cease and desist to multiple gambling sites, a new type of Gambling is taking over the top spot of Twitch once again. This time the Gambling Meta has returned with big investments from overseas Crypto Casinos. Many popular streamers have started streaming slots…

Crypto ・ 06 August 2022

Sportskeeda

The Twitch Gambling Meta: Report suggests viewers have already lost thousands following in their favorite streamers’ footsteps

The Twitch Gambling Meta has been a major point of contention for many in the streaming community. With many popular streamers playing slots and other crypto gambling games on the platform, gambling on Twitch has been gaining prominence. Fortnite, once synonymous with gaming and streaming, was below Slots in the most-watched category on Twitch last…

Games ・ 06 August 2022

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Business Standard

Twitch gambling boom is luring gamers into crypto casinos: Report

Bloomberg Last Updated at August 5, 2022 22:20 IST Enneric Chabot, 26, didn't start gambling until he saw his favourite gamers doing it online. Three years ago, Chabot began regularly watching Felix "xQc" Lengyel, a former professional Overwatch player, as he competed in various video games on Amazon.com's livestreaming site Twitch for audiences of…

Crypto ・ 16 August 2022

BNN Bloomberg

Twitch’s Gambling Boom Is Luring Gamers Into Crypto Casinos

Crypto ・ 05 August 2022

PokerTube

xQC Returns to Streaming Online Gambling After Big Losses

After taking a break from sponsored online gambling broadcasts for about a year, Félix "xQc" Lengyel, one of the world's most prominent video game streamers, has started streaming again. Despite acknowledging that he was "somewhat, if not substantially" addicted to gambling, xQc,, most known for his streaming of the video game Overwatch (he used to…

Games ・ 31 May 2022

Vegas Slots Online

Twitch Personality xQc Streaming Online Gambling Again

Félix "xQc" Lengyel, the most viewed streamer on Twitch in 2020 and 2021, has resumed online gambling streaming after stopping in June 2021. [Image: YouTube/xQcOW] Félix "xQc" Lengyel, one of the most popular video game streamers in the world, has returned to doing sponsored online gambling streams after stopping them nearly a year ago. Best known…

Games ・ 17 May 2022

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Kotaku Australia

Twitch Superstar xQc Lost Over $1.8 Million Gambling Last Month

Popular Twitch streamer xQc recently admitted that he lost $1.8 million to gambling over the last month. After news of his losses spread online, his dad called him during a stream to ask if he was okay and to express how worried he was about the streamer's gambling problems. 26-year-old Twitch streamer xQc, real name Félix Lengyel, started his…

Poker ・ 06 May 2022

VGR

Twitch Streamers Win Millions in Online Cryptocurrency Casino

Online cryptocurrency casinos like Stake.com, Roobet and Duelbits are not exactly legal in the United States as per the letter of the law. However, the illegality has done very little to stop some of the biggest streamers on Twitch from not only winning hundreds of thousands of dollars' worth in crypto in a single gaming session, but also live…

Crypto ・ 18 August 2021

Vegas Slots Online

Twitch Cryptocurrency Casino Gambling Illegal, Experts Say

Popular streamer Tyler Niknam from Texas has broken US law by streaming himself playing on an online cryptocurrency casino, according to legal experts. [Image: Shutterstock.com] Twitch streamer Tyler Niknam from Texas in the US has amassed around 1.5 million followers. That makes him one of the platform's top streamers. However, legal experts have…

Crypto ・ 19 July 2021

Ars Technica

Twitch streamers rake in millions with a shady crypto gambling boom

Tyler Niknam was getting out of Texas. Niknam, 30, is a top streamer on Twitch, where he's better known as Trainwrecks to his 1.5 million followers. For hours on end, Niknam was hitting the slots on Stake.com, an online cryptocurrency casino and his most prominent Twitch sponsor, to live audiences of 25000. He'd been winning big, sometimes as much…

Crypto ・ 18 July 2021

BuzzFeed News

Is It Time For Twitch To Ban Gambling On Stream?

At any given time on Twitch, you can watch someone spin online slots for hours on end, winning and losing thousands of dollars at a time. The flashy symbols roll by over and over, with the streamers hoping for just the right combination to bring their total back up. Often, thousands of people are watching as it happens. Online slots are a big…

Gambling Addiction ・ 30 June 2021

Kotaku Australia

Top Twitch Streamers Fight Over Sketchy Gambling Streams

Gambling streams are nothing new on Twitch. For years, streamers have sunk money into slot machines and poker, often in conjunction with casino websites and other gambling companies. Though allowed on Twitch, these channels have a history of engaging in sketchy behaviour. Recently, some of the biggest names on Twitch have adopted high-rolling…

Sports ・ 29 June 2021

Paste Magazine

On Twitch, Online Casino Streamers Promote Gambling to Their Audience While Taking on Little Risk

With $17.69 left and every bet costing him $4.20, Muhaj would need a streak of luck to make up the more than $1500 he had already lost in the night. Having selected autoplay, Muhaj and the hundreds of people tuning into his Twitch stream watch as The Dog House slots program takes in another bet, and then spits out nothing in return. Colorful,…

Gambling Addiction ・ 19 January 2021