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Twitch vs. Gambling: Gamers & Crypto Casinos

Twitch is one of the most popular video hosting / live streaming platforms on the internet right now. What originally started as a medium through which one could “cast” games (meaning broadcast them to a crowd of people live), has now become a popular venue for creators to share their thoughts and opinions on topics ranging from video games, to online gambling, to even everyday life.

Recently, Twitch streamers have been focusing more and more on gambling, especially on crypto casinos and online gambling. This increase in popularity has lured quite a few gamers, who ordinarily might not have found their ways to crypto casinos, to try their hand at playing poker, roulette, blackjack and more, all the while wagering cryptocurrency to do it.

What is Crypto Gambling?

For those who may be unaware, first we need to address what crypto gambling is. The name says it all really. Crypto gambling is just gambling in which you use cryptocurrency to play. Gambling has, in recent years, been undergoing a sort of renaissance. Online gambling websites have made sure that more and more people are being exposed to the public. As you can imagine, online gambling involves playing all your favorite games on a website.

It is from online gambling that crypto casinos evolved. Crypto casinos aren’t much different from online casinos. In fact, the only real difference is that, when playing crypto casinos, the players wager using cryptocurrency. These casinos have been gaining massive popularity recently, especially because they are being promoted by quite a few Twitch streamers online.

Crypto casinos have been around since the 2010s. During this time, all forms of online gambling were not nearly as popular as they are today. However, in the past 5 or so years, casino websites and crypto casinos have drastically risen in esteem. They’ve become a lot safer to use, much better regulated, and a ton of people have become exposed to them.

Despite these improvements to the websites, some people are still having problems with the growth of crypto casino livestreams on Twitch. The voices of these people might just have an impact, as Twitch is considering banning any and all crypto gambling livestreams.

Twitch to Ban Crypto Gambling Livestreams

In response to this growth in popularity of crypto casino livestreams, rumors have arisen that Twitch might be bringing down the ban hammer. In other words, the company is considering a full on ban on any and all gambling livestreams, especially the ones that involve cryptocurrency gambling. So, just what has prompted Twitch to ban these streams?

In the past couple of weeks, quite a few Twitch streamers, some of whom are hugely popular, have criticized the platform for allowing these livestreams to go unchecked. It is precisely because of these criticisms, that the Platform was considering terminating these types of livestreams.

The idea is that the popularity of these streams is leading to more and more people becoming “hooked” on crypto casinos, and gambling in general. A lot of the more popular influencers have made the arguments that crypto casinos are not safe and that most Twitch users are too young to be using them.

There are a couple of problems with this argument, however. For one, crypto casinos, just like any online casino, must go through the process of licensing and registering. A license is only issued when a casino passes certain standards for safety, security and fairness. Meaning that a crypto casino is just as safe as any other online or even land-based casino, as long as it is licensed. So, if these Twitch streamers are casting crypto casinos with proper licenses, then there shouldn’t be a problem.

As for the age of the viewers, most online crypto casinos (again, just like any other casino) have age restrictions. These restrictions say that you must be of a certain age to play (usually 18, though it has been known to be higher sometimes). And most licensed websites will demand some hard proof for your age. So, in other words, if anyone is “lured” to the crypto casinos by these Twitch streams, they are adults.

Still, many people continue to be upset, and Twitch’s policies on gambling are definitely changing.

Twitch Reconsiders Its Stance on Gambling

In the past couple of years, gambling livestreams on Twitch have been going on, unchecked. It is only recently, after an outcry from the community, that the company is coming down hard against these crypto gambling streams. Twitch, for their part, released a statement saying that the website will be reconsidering its stance on gambling in the future, which might just lead to a complete ban on gambling when it comes to Twitch streams.

While many are saying that this is coming as a bit too little, too late, others have a problem with the new policy. Quite a few are raising the argument of whether Twitch should be banning these streams. Obviously, the company has a responsibility to put a stop to content related to unlicensed gambling, a policy which has been put in place and is being enforced. As to whether or not the company should ban any and all gambling, that is a debate worth having.

After all, as we said, all licensed gambling sites will demand players show them hard proof for their age. This means that it is only to adults that these games appeal to. So, the question becomes, should we be policing the interests of adults who want to try their hands at gambling? We don’t have a definite answer, however, it is definitely a question worth debating.

Final Word

Wherever you fall on the argument, one thing is certain. Enough of a fuss has been raised about this, leading to the company to completely overhaul their official policies. Twitch is banning quite a few streamers, removing videos and just in general taking better care of overseeing gambling content.

There is a certain responsibility that Twitch has, to protect its viewers from harmful content. This should include unlicensed casinos. However, the question of whether it should extent to safe, secure and licensed gambling remains a topic of debate.

This article was written in collaboration with online slot experts.



Source: EU Reporter

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