Twitch’s gambling boom is luring gamers into crypto casinos

Twitch’s gambling boom is luring gamers into crypto casinos

Article brief provided by Bloomberg
  • Cecilia D'Anastasio, Bloomberg
August 6, 2022 4:19 PM
  • Cecilia D'Anastasio, Bloomberg

Enneric Chabot, 26, didn’t start gambling until he saw his favorite gamers doing it online.

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Three years ago, Chabot began regularly watching Felix “xQc” Lengyel, a former professional Overwatch player, as he competed in various video games on Amazon.com Inc.’s livestreaming site Twitch for audiences of up to 25,000 viewers. In 2021, during some of his streams, Lengyel started playing something else-online blackjack.

Chabot, who lives in Quebec and does accounting for a hospital, was intrigued. “I thought it was pretty entertaining,” he said.

At one point, Chabot saw Lengyel post a promotional code for a site called Stake.com – which bills itself as a “leading online crypto casino.