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Twitch’s ‘Slots’ Section Rising in Popularity, Leading to Negative Impact

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Both streamers and viewers of Amazon’s streaming-platform Twitch are reportedly falling into bankruptcy do to the boom in popularity among streamers playing crypto gambling games in million-dollar advertising deals, according to Bloomberg.

The report outlines a mountain of cash that is flowing between twitch steamers and gambling websites that sponsor them, with many reporting that they can clock around $1 million from deals in a single month.

Companies are seeing the benefits too, as Stake reportedly made $119 million in a single month due to their deal with popular twitch streamer xQc.

The report goes on to say that Twitch was currently in the middle of “a deep-dive look” into gambling on the platform, but there is no denying the existence of a unique problem, as the rise of popularity in gambling streams is apparent.

To further demonstrate the growth, Twitch’s Slots category is currently ranked 7th in most viewed, according to TwitchTracker. It breaks it down further here:

 

Just taking a peek at the category, slot games are reigning supreme, but there are also poker streams popping up in the mix as well.

It will be interesting to see how this whole dilemma plays out as the growth in popularity is having a mixed bag of results among streamers and viewers.

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