Around 6-9 percent of young people struggle with gambling compared to 1 percent of adults, according to the National Center for Responsible Gaming.
" Such sites include Stake.
Sites like Stake struck deals with Twitch-grown personalities like Niknam and Lengyel, with Niknam saying he pulls in over $1 million per month from his Stake sponsorship alone.
Moreover, there's another, bigger issue: Some streamers are breaking the law by gambling on Stake, given that crypto gambling is illegal in the United States.
On Saturday, a streamer who goes by the handle ItsSliker (who has not publicized his real name) admitted to borrowing money from other streamers - including big names like political pundit Hasan "HasanAbi" Piker and Niknam - under false pretenses, claiming his bank account had been frozen or his Twitch payments hadn't come through and he just needed money to keep his head above water.
He failed to pay friends back for months or years; he had gambled away around $200,000.
5 million-user subreddit Livestreamfail - Twitch made its announcement.
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