{"id":11482,"date":"2021-07-13T11:59:00","date_gmt":"2021-07-13T18:59:00","guid":{"rendered":"https:\/\/BigJimIndustries.com\/wordpress\/?p=11482"},"modified":"2021-07-20T12:02:25","modified_gmt":"2021-07-20T19:02:25","slug":"casino-twitch","status":"publish","type":"post","link":"https:\/\/bigjimindustries.com\/wordpress\/2021\/07\/13\/casino-twitch\/","title":{"rendered":"Casino Twitch"},"content":{"rendered":"\n

from WIRED<\/a><\/em><\/p>\n\n\n\n

Twitch Streamers Rake in Millions With a Shady Crypto Gambling Boom<\/h1>\n\n\n\n

The company says it is \u201cclosely monitoring gambling content,\u201d but legal experts told WIRED that some promotions may be illegal.<\/p>\n\n\n\n

by CECILIA D’ANASTASIO<\/a><\/p>\n\n\n\n

\"Illustration
One attorney who specializes in online gambling law says he has recently been fielding lots of questions from US-based Twitch streamers about crypto gambling sites. ILLUSTRATION: SAM WHITNEY; GETTY IMAGES<\/em><\/p>\n\n\n\n

TYLER NIKNAM WAS\u00a0getting out of Texas. Niknam, 30, is a top streamer on\u00a0Twitch<\/a>, where he\u2019s better known as Trainwrecks to his 1.5 million followers. For hours on end, Niknam was hitting the slots on Stake.com, an online cryptocurrency casino and his most prominent Twitch sponsor, to live audiences of 25,000. He\u2019d been winning big, sometimes as much as $400,000 in crypto in one fell swoop, and he never seemed to go broke. The problem? It wasn\u2019t allowed.<\/p>\n\n\n\n

If you visit Stake on a US-based browser, a message will quickly pop up on the site: \u201cDue to our gaming license, we cannot accept players from the United States.\u201d Though Stake doesn’t possess a gambling license in any state, Niknam and other US gamblers easily circumvent this by using VPNs. Promoting gambling sites that cannot operate in the US and making money by referring US residents to them may constitute promoting illegal gambling, legal experts told WIRED.<\/p>\n\n\n\n

\u201cCanada needs to happen asap,\u201d Niknam wrote in a private\u00a0Discord DM<\/a>\u00a0to Felix \u201cxQc\u201d Lengyel, 25, Twitch\u2019s number two streamer. Lengyel briefly streamed slots but stopped in June. \u201cYou cannot show you\u2019re on Stake at all.\u201d A few days later, Niknam\u00a0arrived<\/a>\u00a0in Canada, where he settled into a routine\u2014gambling in a mostly empty apartment, sometimes more than a dozen hours a day. (Niknam and Lengyel did not respond to WIRED\u2019s requests for comment.)<\/p>\n\n\n\n

[ click to continue reading at WIRED<\/a> ]<\/p>\n","protected":false},"excerpt":{"rendered":"

from WIRED Twitch Streamers Rake in Millions With a Shady Crypto Gambling Boom The company says it is \u201cclosely monitoring gambling content,\u201d but legal experts told WIRED that some promotions may be illegal. by CECILIA D’ANASTASIO One attorney who specializes in online gambling law says he has recently been fielding lots of questions from US-based […]<\/p>\n","protected":false},"author":26,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-11482","post","type-post","status-publish","format-standard","hentry","category-culture-art"],"_links":{"self":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/11482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/comments?post=11482"}],"version-history":[{"count":0,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/11482\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/media?parent=11482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/categories?post=11482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/tags?post=11482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}