Twitch: Gambling trend drives viewers to online casinos
A new trend is currently spreading on the Twitch streaming platform: Some well-known and popular streamers have concluded advertising deals worth millions with crypto gambling sites and can be observed while gambling. Some of the fans follow them and now report empty bank accounts and depleted savings.
According to a report by Bloomberg, a new dangerous trend is currently spreading on the streaming platform Twitch. The “Slots” section, in which primarily gambling content is streamed, is already one of the most popular categories. In some cases, the games of chance have more viewers than the otherwise popular games Fortnite or Dota 2. The Bloomberg report reports on Twitch fans who were driven to online gambling via the streams.
Viewers watch their favorite streamers gamble – and follow them
The “Slots” category is experiencing hype mainly because of the popular and well-known streamers who have concluded multi-million dollar advertising deals with crypto gambling sites. They can regularly be observed betting online for real money on the websites. They often also show action codes, which is intended to convince viewers to take part.
The streamers themselves are bragging about the money they make from dealing with the crypto gambling sites. For example, streamer Trainwreckstv has revealed that it makes more than $1 million a month from its collaboration with the gambling sites. Gaming site Stakes is said to have raised $119 million in just one month from its deal with Felix “xQc” Lengyel, one of the most successful streamers on the platform.
Meanwhile, streamers’ fans report empty bank accounts, depleted savings and one loan after another. They were lured into gambling by the fun and supposed camaraderie. Even 16-year-olds are said to have lost thousands of dollars on these sites, discovered by their favorite streamers.
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