Twitch is an American video live streaming service that is best known for its video game live streams and eSports. With over 140 million unique monthly visitors and $1.54 billion in annual revenue, Twitch is well known amongst gamers. However, after a difficult weekend of controversy, they are now making additional changes to their gambling policies. In a Twitter post made yesterday, Twitch is Banning the Streaming of Gambling Sites or at least some of them.
According to eSports Betting insiders, Twitch will ban the streaming of certain gambling websites that do not meet certain criteria. These include, not having a U.S license or from a jurisdiction that does not provide enough consumer protection. Furthermore, it specifically mentions these sites: Stake.com, Rollbit.com, Duelbits.com, and Roobet.com which are all crypto gambling websites.
In addition, they will continue to identify and ban other sites that does not meet their new gambling policies.
Twitch is Banning Streaming of Gambling Sites Starting October 18
Overall, Twitch is no stranger to gambling and does allow gambling content streaming as long as it follows their rules. The rule was streamers could not share or give referral codes to sites that include slots, roulette or dice games.
Of course, many gambling streamers were able to circumvent that and were still receiving sponsorship money from gambling websites. In fact, some of these gambling sites spend millions of dollars every month sponsor popular streamers.
However, this came to an end because of streamer, Abraham Mohammed, known as Sliker scamming people of over $200,000. According to a post he made 3 days ago, he said he did it to fuel his gambling addiction. This in turn led to top Streamers threatening to go on strike to protest the platform’s lax policies on gambling.
However, they will continue to allow stream on websites that focus on sports betting, fantasy sports and poker.
Despite the ban and the controversy, watching streamers gamble is almost as popular as watching gamers play Fornite on Twitch. According to data from TwitchTracker, at any given time, over 50,000 people watch Twitch celebrities gamble online. These includes watching them play online slots, blackjack and other games of chance.
While most Twitch viewers are in the U.S. a significant number of them come from South Korea and Germany.
Twitch is a subsidiary of Amazon
Play Online Casino Games for Real Money with VOBET Casino and Sportsbook
Read more Gambling Industry News