Twitch, the most popular livestreaming platform with 1.49 billion hours watched, put heavy restrictions on gambling streams in 2022.
Shortly after, Kick launched and absorbed this loss by openly allowing gambling on its site, and even allowing online casinos to sponsor its streamers, pushing it to become the fourth most popular category on the platform.
Twitch, the world’s most popular streaming platform with an average of 2 million viewers every week, is home to a huge variety of streams.
It features video games, live music, DJs, esports, casual chatting, art classes, software development, and everything in between. This includes gambling, though in a limited form.
In 2022, it began cracking down on casino and gambling content after the community raised concerns about the content.
On Oct. 18th, 2022, the site prohibited users from streaming gambling sites “that include slots, roulette, or dice games” that aren’t licensed in the U.S. or other regions with “sufficient” consumer protections.
However, it will continue to allow sports betting, fantasy sports, and poker.
The ban affected popular crypto gambling sites such as Stake.com and resulted in Twitch’s gambling categories, such as slots, dropping from being the 10th most viewed category to 48th since the ban in 2022.
Naturally, the shift in policy created a huge gap in the market for a streaming platform to soak up the millions of hours of Twitch’s lost viewing time.
In December 2022, Kick was launched as a direct competitor and quickly rose to prominence through major partnerships with the UFC, streamers such as XQC and Adin Ross.
Until very recently, this lineup also included Drake.
It also allows gambling, casino, and crypto gaming streams, under its “Slots & Casino Category,” with the likes of Drake often going viral for his outlandish plays.
At present, it’s the 4th most popular category on Kick with over 8.5 million hours watched in the past 7 days and 37.3 million watched in the past 30 days.
Stake.com is by far the most prominent crypto casino featured on Kick, which is largely due to the ethically dubious matter of Kick’s co-founders Ed Craven and Bijan Tehrani also being the co-founders of Stake.