2023-06-23 14:34:00
Kick has generated the main news regarding streaming platforms, since as we have said before, it has become the current direct competition of Twitch and has begun to take away some of its most popular streamers thanks to contracts of several tens of millions. And this has led many people to wonder where all this money comes from if it is a company “in diapers”, which has a simple answer and has generated some controversy: a crypto casino.
Question that comes from seeing the recent announcements of the platform led by the streamer Trainwreck, now having as its main star the Canadian streamer xQc, who signed an agreement with Kick for $70 million dollars, making Amouranth later, also decide to leave for Kick, apparently seeking a “$100 million dollar settlement.”
You can read: Dr. Disrespect asks Kick for $50 million to go to his platform “it’s my number” and they respond with “military salute”
Kick accused of laundering money from online casinos
And when I mention that Kick’s main source of income is controversial, it’s because it’s been a discussion the platform has had to endure since its inception, when Trainwreck announced its creation and it was revealed that it is owned by a multi-billion dollar company called Stake, which is in short a crypto casino located in a tax haven. Betting site that has as one of its main characteristics, that precisely, it does not allow bets with real money (such as dollars or euros), but with cryptocurrencies, having as founders Bijan Tehrani and Ed Craven, the latter 27 years old and who is considered to be one of the youngest Australian billionaires.
Owners that surely make these huge sums of money available to Kick, so that they can negotiate these contracts with the streamers, but that increasingly leads many people within the community of streaming platforms to accuse that Kick might first ensure by the financial interests of the casino, making it an ideal medium for online betting to reach a wider audience, including minors. But in addition, and which ends up being a much more serious accusation, many people believe that Kick supposedly used to launder money dirty from this online crypto casino.
But for now everything remains in doubt, since the real motivations of Stake and its impact on the world of streaming are unknown, although on the other hand, they already exist. reports that some countries, like Greece, have decided to block the platform due to its direct link with this bookmaker, which even in others like Spain, can only be accessed through a VPN.
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