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The gambling space just faced a massive loss. With all the exciting news that’s been filling our feeds, it was safe to assume some negativity would also come our way, but we didn’t expect it to be this bad.
As of September 21st, 2022, popular streaming platform Twitch announced they would be banning gambling. Twitch has prohibited link and referral code sharing for a while now, but users have been finding ways to circumvent these rules. This policy breach has led to the unfortunate banning of gambling streams.
“While we prohibit sharing links or referral codes to all sites that include slots, roulette, or dice games, we’ve seen some people circumvent those rules and expose our community to potential harm.”
Twitch Twitter statement
Gambling streams have been a long-time controversial conversation in the Twitch community, with many top streamers speaking out against the risks of exposing viewers to this content, especially children.
The policy will be updated from October 18th, 2022. While sites that include slots, roulette, or dice game are prohibited, Twitch will still allow users to stream from websites that offer sports betting, fantasy sports, and poker. Some debate that poker and sports betting is just as bad as dice games and roulette, but Twitch has made up its mind.
Twitch did say that would allow gambling streams from sites that are licensed in the US or other jurisdictions that offer sufficient consumer protection. Many are wondering if Stake.us will be one of the accepted sites, and Stake.com was specifically called out in the ban announcement with some other familiar names.
“These sites include Stake.com, Rollbit.com, Duelbits.com, and Roobet.com. However, we may identify others as we move forward.”
Stake Twitter announcement
While Drake, Trainwreck, and xQc may be especially disappointed with this announcement, some community members in the comments shared their joy in the policy update. These were some of the most relevant or big-name comments left.
Some comments pointed out the hypocrisy of letting “adult content” based channels continue streaming, especially after kimmikka was only banned for a week, while banning gambling for the risk of harm it poses to children and the financially vulnerable.
While this is sad news for the casino and crypto casino industries, it is in Twitch’s right to ban whatever content they deem a danger. This will surely make marketing and influencer deals a lot harder for casinos, but they will most likely find more innovative ways to now reach their target audiences. This is not the end of crypto casinos, simply a hurdle to overcome.
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