Topic: Twitch To Ban Gambling Streaming By October 18th. - page 12. (Read 3511 times)
I think this step was taken after a streamer scammed around $300,000 from their followers to gamble online. Anyway, I would say it's a good step taken by twitch. Most of those streamers gamble with free money and they don't care if they lose the money since it is not their own money. This makes the followers feel like "winning is easy with no risks involved". Hence the followers gets curious and ends up gambling a lot of money. And I guess there are lots of underage twitch users that could be affected by those gambling contents.
This means that Stakes.com, duelbits, Roobet, and Rollbit are not regulated in the U.S. so they are restricted to the U.S.
I'm also just wondering why they made the dice games different, after all that game is very simple, why not the Poker, blackjack, and baccarat games? I just ask this. Is it because the government has a greater benefit here? It's as if it's not clear what the real reason is for taking it down.
I'm also just wondering why they made the dice games different, after all that game is very simple, why not the Poker, blackjack, and baccarat games? I just ask this. Is it because the government has a greater benefit here? It's as if it's not clear what the real reason is for taking it down.
~snip
What do you guys think of this development?
According to the published article, the reason for the ban is due to backlash they(Twitch) received from influencers.
Do you think backlash received from influencers is enough reason for Twitch to ban gambling streaming on their platform?
I am a bit worried at this development, to be honest. Not only is twitch shooting themselves in the foot by banning a large audience as well as many infliencers, but they are also destroying an important part of the gambling casinos cash-flow. I think bigger online gambling casinos won't bother this as much as it will the smaller casinos trying to make names for themselves. Marketing tactics will have to become a bit sneakier. I wonder what kind of marketing the casinos will go for next, once gambling streams become completely regulated away
Eventually, Twitch banned the marketing of online casinos, even though these casinos are casinos that have a good reputation and are trusted by many gamblers.
But this will not stop the casinos from promoting because they will use other avenues that are still wide open for them to spread the pleasure of playing gambling on their sites.
Every casino site will do a new type of marketing, and they will probably use unconventional ways to try it out.
Twitch is owned by the multi billion dollar company Amazon. I think they can afford to take a loss if needed while they look for other ways to grow the platform. They're gonna be hurting at 1st but i'm sure they will recover their losses somewhere.
Interesting. I didn't know that Amazon-owned Twitch. If you talk about losses, they will recover. Their industry is large-sized. The loss from losing Gambling streamers will be a tiny amount for them. Note They only prohibit gambling streamers and not everyone else. So, I don't think they will care much about it. It would be great if any other competitive take this chance and rebuild/design their platform.
surprising to know they are owned by amazon. well they have all the right to do whatever they think is necessary. a battle is lost. a company that big will not mind losing money and users, its just a tiny chunk of their profit. what streamers can do is just to move on to another platform that is more friendly to them.
It isn't surprising to me. Amazon, Facebook, & Google own all major streaming platforms at this point. Microsoft had the best of them all with Mixer, but decided it wasn't worth the cash burn or headache to deal with music rights, etc... With streaming being a major player in the future of the digital age, it seems like it's mostly between Twitch and YouTube, AKA Amazon & Google. Google is dominating in recorded content while Amazon seems to have the live content down, likely because of their massive bandwidth capabilities. It very much is a battle between giants though.
surprising to know they are owned by amazon.
ESPN is owend by Disney, and Disney owners said they need ESPN for gambling purposes. Yes, that's right.
Check out this piece from 8 days ago:
https://www.cnbc.com/2022/09/15/disney-wants-to-add-sports-betting-to-espn-a-move-weve-called-for.html
So here you have it - the entire industry is corrupt, starting from a company with movies/toys for kids!!
Twitch is owned by the multi billion dollar company Amazon. I think they can afford to take a loss if needed while they look for other ways to grow the platform. They're gonna be hurting at 1st but i'm sure they will recover their losses somewhere.
so now I know how they can afford or decide to ban such gambling site in which bringing them more funds as popularity of the listed gambling site or even all the site they are going to ban is indeed that High.with them being owned by this multi billion company? they wont really care if which site they are going to ban for streaming as they can sustain the business with others and their reputation will remain clean and good for proper and best result of their business.
Twitch is owned by the multi billion dollar company Amazon. I think they can afford to take a loss if needed while they look for other ways to grow the platform. They're gonna be hurting at 1st but i'm sure they will recover their losses somewhere.
Interesting. I didn't know that Amazon-owned Twitch. If you talk about losses, they will recover. Their industry is large-sized. The loss from losing Gambling streamers will be a tiny amount for them. Note They only prohibit gambling streamers and not everyone else. So, I don't think they will care much about it. It would be great if any other competitive take this chance and rebuild/design their platform.
surprising to know they are owned by amazon. well they have all the right to do whatever they think is necessary. a battle is lost. a company that big will not mind losing money and users, its just a tiny chunk of their profit. what streamers can do is just to move on to another platform that is more friendly to them.
~snip
What do you guys think of this development?
According to the published article, the reason for the ban is due to backlash they(Twitch) received from influencers.
Do you think backlash received from influencers is enough reason for Twitch to ban gambling streaming on their platform?
I am a bit worried at this development, to be honest. Not only is twitch shooting themselves in the foot by banning a large audience as well as many infliencers, but they are also destroying an important part of the gambling casinos cash-flow. I think bigger online gambling casinos won't bother this as much as it will the smaller casinos trying to make names for themselves. Marketing tactics will have to become a bit sneakier. I wonder what kind of marketing the casinos will go for next, once gambling streams become completely regulated away
That is going to hurt a lot of people as some were making real good money on Twitch. I am thinking of popular streamers as Xposed, Ayezee, Foss, ... They also stream on Youtube but the go platform has always been Twitch.
Only the streamers will be affected by this, and no one else. The gambling site will be still making the money and also the twitch.
The remaining streamers stuck in between.
Nevertheless we can’t go against the rules. Can we? So yes we have to follow the rules.
Same rule has been already followed on YouTube, Now Twitch will also follow the path.
The streamers should start attracting other genre audience, if they want to make their channel alive, and continue making a living from it.
Twitch is owned by the multi billion dollar company Amazon. I think they can afford to take a loss if needed while they look for other ways to grow the platform. They're gonna be hurting at 1st but i'm sure they will recover their losses somewhere.
Interesting. I didn't know that Amazon-owned Twitch. If you talk about losses, they will recover. Their industry is large-sized. The loss from losing Gambling streamers will be a tiny amount for them. Note They only prohibit gambling streamers and not everyone else. So, I don't think they will care much about it. It would be great if any other competitive take this chance and rebuild/design their platform.
Finally.
Gambling content creators can still upload their content somewhere else, or perhaps someone can take advantage of this situation and create a gambling-only live streaming site and they can stay in there. Twitch isn't known for always choosing the greater good for its viewers and content creators, but this one IMO shows that if people fought hard for something good, companies will still give in simply because they know the repercussions.
Perhaps they should go next with some 'just chatting' creators that are somewhat implying lewdness on their content. Lots of teens are in that platform and that is one way to also poison their minds.
Gambling content creators can still upload their content somewhere else, or perhaps someone can take advantage of this situation and create a gambling-only live streaming site and they can stay in there. Twitch isn't known for always choosing the greater good for its viewers and content creators, but this one IMO shows that if people fought hard for something good, companies will still give in simply because they know the repercussions.
Perhaps they should go next with some 'just chatting' creators that are somewhat implying lewdness on their content. Lots of teens are in that platform and that is one way to also poison their minds.
Pretty big.
I think there is a trend whereby more and more gambling ads are going to be banned around the world. In this particular case, the consequence may be that banned streamers may look for other means to continue working, but being online gambling addiction one of the fastest growing addictions and serious problems nowadays, I believe that regulations will tend to prohibit advertising it.
But as most crypto platforms including those specifically mentioned in its post are Curacao-licensed, it is clear that Twitch doesn't give much value to such licenses at least in terms of consumer protection. I think there is a trend whereby more and more gambling ads are going to be banned around the world. In this particular case, the consequence may be that banned streamers may look for other means to continue working, but being online gambling addiction one of the fastest growing addictions and serious problems nowadays, I believe that regulations will tend to prohibit advertising it.
Maybe twitch is just eliminating things which they think they don't need or have issues that's why they don't give to much weights on curacao registered based casino since they think that this is the nest of scammers. I think they are doing what they think right in terms of costumer protection since sometimes crypto casino streamers always hype up their viewers and spreading false information towards the casino they are promoting on.
done then it would be that normal that they would really be taking out some action but it did really end up into huge extent where they do prohibit offshore casinos which it isnt in US would be definitely be excluded on
using up the platform but as been said that those streamers/influencers would just simply jump off ship into other places where they could continue their business.
It seems to me that such advertising bans are due to the fact that the usa government has begun to somehow more actively and harshly apply regulation. For many years, the legislator has not been able to figure out how to deal with cryptocurrency in general throughout the world. Different countries approach differently, but still focus on US law. It is also worth adding that the online crypto-casino industry is also poorly regulated by law. So I think that finally the US government decided on more stringent regulation. Even now is a very opportune moment because the cryptocurrency market is completely calm and very low activity. Such a time is well suited for the adoption of strict regulations by laws.
It seems that the target is only cryptocurrency gambling streaming and not the overall gambling streaming will be banned on twitch.
If the goal for the US government is to come strong against cryptocurrencies (which looks like is the case at the moment), we say see strict regulations against the crypto in near future, resulting in a more bad impact on cryptocurrencies prices which are already hovering near the support.
Well, well, well. That's interesting. Twitch was one of the best platforms for gambling streamers. Gamblers also love to watch gambling streams on twitch. As we know, Gamblers get paid from the casinos to do the stream for their platform and get some referrals. Twitch gambling streamers used to make money by streaming casinos. Let's see if they prohibit gambling streams. It will be a piece of unfortunate news for both casinos and streamers.
Both the platform and the streamers make money from gambling streams and advertisements but it seems like Twitch only wants to protect its reputation so they have to give up gambling streamers. It will surely have a negative effect on those who are making money from gambling streams on the said platform but I'm sure that they will still look for other opportunities and platforms to pursue streaming since it's their way of making money.
i have the feeling that later on they will change their approach on this matter. as they specifically mentioned popular crypto sites at the moment, some will take advantage of using other casinos not yet mentioned from their announcement. they will also understand later on that even if they ban those sites on their platform, it may greatly impact their streamers and just go to another network.
Well, well, well. That's interesting. Twitch was one of the best platforms for gambling streamers. Gamblers also love to watch gambling streams on twitch. As we know, Gamblers get paid from the casinos to do the stream for their platform and get some referrals. Twitch gambling streamers used to make money by streaming casinos. Let's see if they prohibit gambling streams. It will be a piece of unfortunate news for both casinos and streamers.
Both the platform and the streamers make money from gambling streams and advertisements but it seems like Twitch only wants to protect its reputation so they have to give up gambling streamers. It will surely have a negative effect on those who are making money from gambling streams on the said platform but I'm sure that they will still look for other opportunities and platforms to pursue streaming since it's their way of making money.
Stake is trying to buy Dlive from what I heard Eddie say on his weekend stream. If that happens, then Stake streamers will have a home. I wonder if they will allow competitors to stream as well? Buying the platform would be 1 way to monopolize the market, at least on that particular platform.
Really? I didn't know about this but it could be a good idea if they allow other gambling websites to advertise.It's not going to be good if they turn in Stake-only promotional video platform, but since this is blockchain based it should be harder to make strict censorship.
Maybe there are other alternatives like Dlive or Dlive can always be forked
Now that's a big news because Twitch is like "The" place for streaming gambling sites content.
It is also used by other gamers for streaming but influencers had been using this platform for their own benefits.
Paid streaming started it's evolution from on this platform since many influencers started streaming on Twitch.
Now that gambling streaming is going to be banned it's gonna create a short term trouble for those influencers.
Twitch has done a good thing banning gambling streaming since many people used to get inspired to gamble from those streams.
It is also used by other gamers for streaming but influencers had been using this platform for their own benefits.
Paid streaming started it's evolution from on this platform since many influencers started streaming on Twitch.
Now that gambling streaming is going to be banned it's gonna create a short term trouble for those influencers.
Twitch has done a good thing banning gambling streaming since many people used to get inspired to gamble from those streams.
Simply due to the influence of famous personnel opinions may led the company to take such change but I don't know they realize how much revenue loss is going to be faced by them since many people love to watch the gaming and gambling related steaming only so if they take down one then its going to be atleast 20 to 30% of engagement and also the creators will simply move to other platforms and going to continue what they are doing.
Whenever there are some companies that uses their right to allow or not allow something, people think that is an attack to their freedom. Which means that people actually think companies are responsible for letting them do whatever they want, or its a personal attack. Thats the case, any company in the world has a right to not allow something as long as it is accepted by law, Twitch doesn't have to let gambling streamers continue gambling on stream, thats not a personal attack to anybody, because they have the right to do that and its their own company and they can manage it however they see fit. This is not some illegal plan to get some people, its just how they want to continue doing business thats it.
Just recently, there was a backlash on Twitch against its gambling policies. This is the result. The response of Twitch isn't a ban on gambling but a ban on sites that aren't registered in the US "or other jurisdictions that provide sufficient consumer protection." The latter part makes everything subjective from their end.
But as most crypto platforms including those specifically mentioned in its post are Curacao-licensed, it is clear that Twitch doesn't give much value to such licenses at least in terms of consumer protection.
They don't want to get the ire of the regulators if they only target Cryptocurrency casinos that are not registered in the US, they are not that big and they need to address issues and criticism, I'm not a regular user of Twitch its only alternatives for big platforms like Youtube and Daily motion, it's their loss anyway, streamers still have Youtube and of course, they are going to look for alternatives, a platform that will be considered as Twitch close competitor besides Youtube.
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