The video live streaming Twitch has been operated since 2011 and has become the main platform to keep entertained. The online platform focuses on video game live streaming, such as online gaming, esports competitions and other types of video content.
The streamers and content creators can upload their videos and can communicate and interact with their viewers in real time. The dominant streaming platform Twitch has been updating its policies by limiting the streaming of gambling sites due to several complaints from high-profile streamers. It was reported that one of the streamers stole tens of thousands of dollars from other streamers to use for gambling. Here is the new Twitch gambling policy that has come into effect.
Live Streaming of Gambling at New Online Casinos on Twitch
One of the most attractive categories on Twitch is the gambling category. Nowadays, the latest operators at Casino Deps offer an exciting opportunity to enjoy thrilling streaming of the greatest casino games, leading to a significant surge in viewership over the past few years.
Since great streamers like Adin Ross and Trainwreck began to stream betting, the category has become popular, with slot streamers that accumulate thousands of concurrent viewers. The streamers bet on every casino game, from slots to live casino games. They also bet on various sports betting sites.
The largest gambling streamers use Stake for their gambling streams, but some of them choose other reputed sites such as Roobet, Duelbits, Rollbit, and more. Some of the Twitch streamers gamble with real money, whereas others enjoy watching for free. To gamble, they can choose between two options; raw or fill.
Raw means using real money that the streamer can withdraw whatever streamers want. When they choose to play with raw balance, they use their own money so they can keep all their winnings or cashout them. However, streamers must carry all the losses.
As for the fill category, it refers to using money from the casino to the streamers. In this case, streamers get all of their losses refunded but keep a small percentage of their gains.
Updates of Twitch Community Guidelines
On September 20, Twitch announced on Twitter that the platform would update its policies to specifically ban streaming gambling sites for providing sufficient consumer protection. This prohibition covers the casino games such as slots, roulette, and dice games that don’t hold licences in the US and other jurisdictions. The new policy would take effect from 18 October 2022.
The new system comes after many streamers were furious and threatened to blacklist the platform because they were scammed by a streamer known as Sliker, whose real name is Abraham Mohammed. They reportedly gave him at least $200,000 to gamble. Abraham Mohammed explained that he became addicted to the game Counter-Strike: Global Offensive.
The official note will affect any content associated with the most popular gambling sites streamed on Twitch, such as Duelbits.com, Stake.com, Roobet.com, and Rollbit.com. As these gambling sites are not licensed in the US or other jurisdictions, they will be on Twitch blacklists to provide consumer protection.
The good news is that the video platform will continue to permit users to stream from other gambling options, namely poker, sports betting sites, and fantasy games.
Will People Watch Live Gambling Streams on Twitch?
The streamers wonder whether they will be allowed to watch live gambling streams on Twitch or not. According to the new statement, gambling sites must be licensed in the United States or other countries to protect consumers. The gaming-focused streaming platform announcement highlighted that sites without proper licenses under US regulations or other reputable jurisdictions will be prohibited.
Therefore, as long as the site operates under gambling jurisdiction, people can stream it. Moreover, recently top-notch gaming companies have strived to create online games which could be streamed online. Many streamers claimed to get more than $1 million in monthly sponsorships from popular sites like Stake.com to promote their online casinos and seduce more and more users.
Based on the data from TwitchTracker, watching streamers bet on online casinos became a popular activity, more seductive than watching gamers playing major FPS leagues or Fortnite. People enjoy watching live gambling streams as the activity focuses on excitement, entertainment, and financial interests.
Conclusion
The live-streaming platform Twitch, owned by Amazon, announced a new policy on Twitter. The new system aims to prohibit streaming of sites, including slots, roulette, and dice websites that don't hold licences in the US or other jurisdictions. The incredible growth of gambling streamers that are funded by online casinos led to significant financial losses for several users.
Immediate concerns have been raised to ban certain websites from streaming content on the platform. The new policy has been taken into effect since October 18, 2022. The reputed gambling websites on Twitch are completely banned to provide activities from the platform.
Thus, the streams won’t be able to watch streaming content related to online casino games. Nonetheless, they are ensured that streamers dedicated to fantasy games, poker, and sports betting sites will not be covered by the new update.