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Twitch bans crypto-casinos, but all other forms are still allowed

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Crypto-casino streaming has been banned by Twitch, but the platform still enables vast amounts of fiat currency gambling. The industry however should take care with promoting such high levels of gambling to young audiences, says Pavlos Sideris, director of Double Up Media. 

 

The decision by the streaming giant Twitch to ban gambling websites whose content includes “slots, roulette, or dice games that aren’t licensed either in the US or other jurisdictions that provide sufficient consumer protection” has been described as a clampdown on gambling-related streaming.    

It is true that the Amazon-owned group has, at a purely technical level, placed a ban on unlicensed gambling sites that stream players playing their online gambling products, but in reality it only refers to crypto-backed casinos, which make up so much of the casino content that is streamed. 

Twitch however hasn’t banned ‘traditional’ online casino, sports betting or poker operators and affiliates that are regulated in the US (or other major markets).   

This is no coincidence. It may be stating the obvious, but the reason Twitch decided to ban cryptocurrency-backed casino play from being streamed is because it is not regulated in the US and as a US company it doesn’t want to attract any more controversy than it already has when it comes to this issue. 

The fact that crypto-casino is also not regulated in the UK and other European markets also played a part, but the audience levels generated by casino streamers in the US are that much more significant, while many of the biggest (regulated) casino channels have marketing agreements with major US brands and are highly active on the platform.    

 

Streaming exposure

The lack of crypto regulation did not stop the large crypto brands such as Stake.com, Duelbits or Roobet from streaming online casino play and subsidising streamers with major sponsorship contracts to ensure they continue to broadcast to their thousands of followers. 

This has given them significant exposure and, one imagines, enabled them to recruit huge amounts of players. These customers will have watched the rap superstar Drake win $12m on a single roulette spin on Stake.com, having lost more than $800k betting on sports a few hours before, and will have been enticed to open accounts with those operators. 

In 2021 and as a nod to wanting to protect its audiences from too much gambling exposure, Twitch outlawed referral codes and affiliate links. The measure however will not have prevented thousands of consumers from easily finding the sites online; while the decision by some of the sites to not accept players from the US is easily circumvented by VPNs.

In fact, looking at its decision to ban crypto-casino streaming, one may wonder what has taken Twitch so long to adopt the measure. After all, crypto-backed casinos and sportsbooks have always been unregulated in the US, UK and other major markets.  

Of course, the reason Twitch did not ban them earlier is commercial. The streams by celebrities like Drake and sponsored players such as Mizkif, Trainwrecks or Niknam attracted huge audiences and that would have been the only metric Twitch paid attention to. 

 

Reputational concern 

Conversely, the most likely factor to influence Twitch into banning crypto casino sites will have been reputational. Cheating scandals or streamers fleecing players out of significant amounts of money to fund their gambling activities have created huge controversies and shone a most unflattering light on Twitch’s ready acceptance of crypto casino play.  

The site is owned by the e-commerce giant Amazon, which likely decided that the safest way to avoid further scandals is to ban crypto casinos outright.

The other obvious point to make is that Twitch on the whole appeals to much younger demographics than those that might play on ‘regular’ slot sites. The company’s advertising and media information says “nearly 75% of Twitch viewers are between the ages of 16 and 34”.

The idea that thousands of young Twitch watchers might have been led into opening accounts on sites that were (and still are) unregulated and where they may have spent huge amounts of money while potentially developing gambling problems would be enough to give any public affairs or compliance executive significant worries. 

 

No gambling ban

In an echo of the point made at the start of this article, campaigners and industry observers have been quick to point out that the new measure by Twitch “isn’t an outright ban on gambling” but just “a blow to crypto casinos”. 

Indeed, what some campaigners want is a complete ban on the streaming of online slots and other casino games on Twitch, because, they say, “it is objectively harmful to the website and its users” and Twitch’s ban on unregulated operators still means that “luck-based gambling will still be alive and well on the website on October 18th” when the ban on crypto casinos comes in. 

A ban is unlikely to happen in the near or medium term at least and a quick scan of the ‘Slots’ homepage on Twitch shows that the crypto casino channels have now been replaced by more ‘traditional’ ones.

In addition, with competing streaming platforms such as DLive more than willing to accept crypto (or other) casino streamers, it seems unlikely that Twitch will broaden its ban to ‘traditional’ casino channels.     

 

Mass availability 

Twitch’s rise as a showcase for online slots and other casino games has been steady and long trailed over the past few years. 

What the platform also shows is that live casino continues to evolve. From its original and current incarnation as a product aimed mainly at VIPs and ‘whales’ on regular casino websites,  to one that, thanks to Twitch, is becoming more focused on online slots and has been made available to a much broader and younger section of the population.

Without wanting to be too alarmist, the fact that younger demographics are exposed to gambling products much earlier than might have been the case in the past should be a cause for concern for all of us as stakeholders. 

There have already been a number of addiction or problem gambling stories of young players who became familiar with gambling through Twitch. Criticising the industry for not intervening earlier will be of no use if all gambling streaming eventually gets banned on Twitch.

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Gurhan Kiziloz Secures Gaming License to Drive Nexus International’s $1.54 Billion Vision In 2025

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Gurhan Kiziloz Secures Gaming License to Drive Nexus International’s $1.54 Billion Vision In 2025

 

Gurhan Kiziloz, the strategic force behind Nexus International, is accelerating his presence in the online gaming sector, leading the company’s rapid expansion. Under Nexus International, two brands—MegaPosta and Lanistar—sit at the core of its growth strategy.

While Lanistar continues to develop, it is MegaPosta that has already established itself as a major revenue driver. In 2024, MegaPosta generated $400 million, marking a significant milestone in Kiziloz’s aggressive scaling efforts.

With further expansion planned, projections indicate that revenue could climb to $1.54 billion in 2025. As he continues to push into new markets, Kiziloz’s ability to navigate regulatory challenges and capitalize on high-growth sectors will determine whether Nexus can meet its ambitious targets.

A major step in this expansion involves securing a Brazilian gaming license and granting Nexus International access to one of the largest regulated betting markets globally. Meeting Brazil’s strict financial and operational compliance standards was a key requirement—an effort that Kiziloz personally oversaw as part of his mission to establish the company in fully regulated spaces.

With this approval, Nexus International is now authorized to operate and expand within Brazil, a market that has intensified regulations to curb unlicensed operators.

Kiziloz’s Strategy for Growing Nexus International

Kiziloz has ventured into multiple industries, with his entry into online gaming reflecting a deliberate move to leverage emerging regulatory shifts. Before entering this sector, he developed Lanistar as a fintech company, but under his leadership, it has evolved into an online gaming enterprise. This shift aligns with his broader approach to reshaping and scaling business models in response to market trends.

His direct involvement has fueled Nexus International’s expansion across Latin America. Megaposta has already gained traction in several countries, and with the Brazilian gaming license, Kiziloz has positioned the company for further growth. He has played a key role in negotiating strategic partnerships, ensuring regulatory compliance, and setting a competitive direction against well-established gaming firms.

However, his strategy comes with obstacles. Brazil enforces strict regulations covering advertising, taxation, and consumer protection. Any compliance lapses could result in financial penalties or even the loss of the company’s operating license. Kiziloz now faces the challenge of ensuring Nexus International adheres to all legal requirements while navigating an increasingly competitive marketplace.

How Kiziloz Aims to Scale Nexus International

Under Kiziloz’s direction, Nexus International is targeting regions where legal online gaming  is expanding. Megaposta has already established a foothold in Latin America, and the new Brazilian license enables the company to operate openly, unlike unlicensed competitors facing regulatory constraints.

Lanistar’s transformation from fintech to gaming was a calculated move by Kiziloz, allowing Nexus International to strengthen its position in sports betting and online casinos. By managing two platforms under one umbrella, Kiziloz diversifies revenue streams and broadens market reach.

Brazil’s updated gaming regulations have created a competitive environment where only licensed operators can legally offer betting services. By securing Nexus International’s place in this regulated market, Kiziloz ensures the company can advertise, collaborate with local businesses, and scale its user base without the uncertainties associated with unlicensed operations. However, increased compliance costs and operational restrictions remain challenges.

Revenue Goals & Industry Challenges

Kiziloz aims to drive Nexus International’s revenue to $1.45 billion through market expansion and higher user engagement. His approach focuses on attracting new users and increasing participation in sports betting and casino games, two of the most lucrative segments in online gaming.

Yet, the industry presents multiple challenges. Regulatory frameworks remain fluid, with governments frequently revising tax policies, imposing new restrictions, or tightening compliance requirements. Any legal adjustments in Brazil could directly impact Nexus International’s profitability.

Additionally, Nexus International faces competition from established gaming brands with strong customer loyalty and extensive marketing resources. To stay competitive, the company must prioritize user retention, introduce exclusive offerings, and deploy strategic marketing campaigns—all while complying with strict regulations.

Cybersecurity is another pressing concern. Online gaming platforms are often targeted by fraud and cyberattacks. To safeguard user data and maintain trust, Kiziloz must ensure Nexus International heavily invests in security infrastructure. Any security breach could lead to financial losses and reputational harm.

Where Kiziloz is Taking Nexus International Next

Beyond Brazil, Kiziloz is exploring opportunities to expand Nexus International into additional regulated markets.

Securing new licenses is a complex, time-intensive endeavor requiring compliance with diverse tax regulations, advertising laws, and consumer protection policies. Kiziloz must oversee negotiations, obtain regulatory approvals, and implement tailored marketing strategies to facilitate smooth market entry.

While the Brazilian license has laid the groundwork for expansion, Nexus International’s long-term success hinges on Kiziloz’s ability to tackle industry challenges. Ensuring compliance, mitigating risks, and competing against major gaming operators will be critical in sustaining growth. His strategies in regulation, marketing, and technological investment will ultimately shape Nexus International’s trajectory in the coming years.

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Raketech Chairman Ulrik Bengtsson to Step Down Following New CEO Appointment

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Raketech Chairman Ulrik Bengtsson to Step Down Following New CEO Appointment

 

Raketech has been informed that Ulrik Bengtsson has accepted a role as full-time CEO of an international company. Ulrik has consequently informed the Board that this new role will eventually require him to step down from Chairman and Board member, but Ulrik remains available for re-election at Raketech’s AGM in May and is committed to stay on up until July 30th to assisting Raketech in the transition period. The nomination committee has started the process of finding a new board member, who may also assume the role of Non-Executive Chair. A further update will be provided in due course.

The Company appreciates this is an opportunity for Ulrik and thanks him for his contribution and dedication to the Raketech board since joining in May 2021.

“Stepping back into a full-time CEO role feels like the right professional move for me, and the opportunity I have been presented with is compelling. I am confident that the entire Raketech board and executive team remain dedicated to strengthening the balance sheet and shaping an exciting strategy that I expect will be unveiled to investors in the coming months. I firmly believe Raketech has the potential to be a key player in the global iGaming ecosystem, both now and in the future, and that the company is well-positioned to generate substantial returns for all shareholders over time.”

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Amusnet Joins Forces with Prominent Affiliate Chipy

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Amusnet Joins Forces with Prominent Affiliate Chipy

 

Amusnet announces its partnership with Chipy, a leading affiliate platform dedicated to providing comprehensive insights into the online gaming industry. The collaboration will focus on delivering in-depth reviews of the casino provider’s extensive selection of top-notch casino titles to its large-scale of worldwide users.

“Joining forces with one of the most valuable affiliate platforms in the industry brings new opportunities to expand our reach and enhance the visibility of our games,” said Lillya Chatalbasheva, Chief Marketing and Commercial Officer at Amusnet. “We are excited to work with Chipy to showcase our innovative casino titles,  especially our standout Coin Gobbler game, and can’t wait to bring even more engaging content to elevate the player experience.”

“I believe that partnering with Amusnet willadd significant value to our content, providing access to high-quality gaming content from a casino provider that is internationally recognized,” said Bogdan Romedea, PR Specialist at Chipy. “This collaboration aligns perfectly with our mission to enhance the player experience and expand our vibrant community.”

Chipy.com provides a comprehensive database of over 2,000 online casinos, exclusive bonuses, and the latest gambling insights. Its mission focuses on maintaining up-to-date information, delivering genuine user reviews, and offering a customizable experience with advanced search filters. Beyond listings, the platform showcases games from top software providers and features over 15,000 games.

As we embark on this exciting partnership, we encourage gaming enthusiasts to explore the comprehensive reviews available on Chipy’s platform. With the spotlight on Coin Gobbler and other exciting Amusnet products, this collaboration promises to elevate the gaming experience and drive engagement in the online casino community. Stay tuned for more updates!

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