Websites with slots and similar systems that are not officially licensed will not be viewable live.
As gambling broadcasts grow, the Twitch platform recently struck its first blow against this craze. In a tweet Tuesday night, Twitch stated that it will ban the “broadcasting of betting sites that include slots, roulette, or dice games” in a policy update as of October 18.
According to the post, Twitch’s move does not target gaming in general. There will be an exception allowing sports betting, fantasy sports and poker.
However, the Amazon platform warned that it will interrupt broadcasts featuring slots, roulette and craps on those channels that are not “licensed in the US or other jurisdictions that provide sufficient consumer protection.”
Gambling sites directly involved in this new regulation include Stake.com, which regularly streams slot games, as well as streamers xQc and Trainwreckstv.
Who is affected by the new Twitch measure
The entertainers of this class of streams, wealthy streamers who seemingly promote their content to minors, potentially fueling gambling addictions.
Earlier this week, ItsLikes admitted that he swindled hundreds of thousands of dollars from other streamers to support his sports betting addiction.
The Twitch star herself said in a chat with her colleagues HasanAbi and Mizkif that she started gambling all her money to feed her addiction and even apologized to all her viewers for her behavior.
“I don’t know what else to say other than this. Okay, look, I’m trying to approach this in the most adult way possible and handle this situation that is definitely criminal otherwise,” he acknowledged.
As of that event, big-name streamers like DevinNash, Pokimane, and Mizkif, who is currently involved in a separate but related incident, proposed or supported a possible boycott if the Twitch platform did not prohibit gambling on the site. Now, that action may no longer be necessary.
Meanwhile, sports betting, the form of gambling that started this recent controversy, will be resolved once the ban goes into effect. At the moment, Twitch announced that it will share more about its game policies before its implementation on October 18.
Twitch will reduce the earnings of streamers
On the other hand, the Amazon platform began to reduce the amount of money that he shares with some of the most important streamers on the platform.
Right now, most partner streamers share revenue share on their channel subscriptions. That means 50 percent of net revenue goes to Twitch, while 50 percent goes to the streamer.
However, Twitch has negotiated premium subscription terms with some larger streamers who grant them a 70/30 revenue split which will enter into force on June 1, 2023.
Under the new policy, streamers with premium terms will keep 70 percent of their subscription revenue on the first $100,000 earned. But after that, participation will be reduced to a 50/50 split.
As they acknowledged, the $100,000 threshold will be calculated over a 12-month period from “the annual renewal date of a streamer’s agreement,” Samantha Faught, Twitch’s director of communications for the Americas, said in a statement to the site. TheVerge.