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Twitch gambling boom is luring gamers into crypto casinos: Report

For years, offshore gambling has been a thorn in the side of US regulators

Illustration: Binay Sinha
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Illustration: Binay Sinha

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

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’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.

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.” After a couple