Twitch streamers are signing NFL Deals. xQc signs $100 Million deal with Kick.

[Real]

Kick aint lasting long

 

[Paper Boi]

i know the owners of kick basically make all their money off of crypto gambling

but i find it hard to believe they are going to be caking like that forever. especially with crypto having issues and shyt.

something tells me this shyt won't last forever.

my bet is part of his deal is he has to "gamble" on stream not just play video games, to be fair i don't consider it really gambling because the sites they using just crediting their top influencers in order to indoctrinate the viewers.





they must be paying Drake a billion dollars or he has part ownership in Stake or some shyt

 

[Paper Boi]

Didn't Mixer try this?

Kick is owned by the same people who own Stake which is a shady ass crypto gambling site based out of a shack in Curaçao basically they started it after Twitch banned gambling on their platform.

my guess is the goal here is simply to get a bunch of new gambling addicts/customers. I have no idea how profitable it will be or if they are just washing some shady as crypto money and the goal isn't to be profitable. i'm almost certain that Twitch isn't even profitable for Amazon. Mixer definitely wasn't profitable for Microsoft.

 

[The Fade]

why get in 360 deal and be a rapper when you can just stream. It’s also safer

 

[Black Magisterialness]

It didn't work for Mixer...so lets see how this works out.

Thing is Kick been courting the crazy right wing streamers too....so this might be the scumbag platform..the Fox News of streaming, if you will.

 

[nyknick]

So what this implies is that this guy can generate over 100 million dollars of revenue across 2 years.

It's backed by a crypto gambling company, so having a streamer lead hundreds of thousands of kids into a lifelong gambling addiction will pay off.

 

[ThrobbingHood]

I don’t know what twitch is.

 

[Umoja]

This smells like money laundering to me. I wonder how much the acts have to pay their "agents" and "producers".

 

[Remote]

It's backed by a crypto gambling company, so having a streamer lead hundreds of thousands of kids into a lifelong gambling addiction will pay off.

This shyt gonna end in shambles

 

[MajesticLion]

Even if you don't follow the sport...always follow the money. These deals are the tips of several huge icebergs.



Excerpted from:

The trillion-dollar gambling game - josimarfootball.com

Is the Premier League used as part of an unprecedented money-laundering operation?

josimarfootball.com

Tellingly, the partnerships which those Asian betting giants establish with English clubs are usually short-lived, as their aim is, first and foremost, to alert their potential customers to their existence, not to grow a business in the UK itself, where their clients typically number in the low thousands – if they have any, not that it seems to bother them: the English language twitter account of LaBa360, once the official sponsor of Burnley FC, had a mere 219 followers at the time of writing. Once the name of the company has received enough exposure to build a consumer base at home – or as was the case for Moplay, a former partner of Manchester United, has gone bankrupt – it’s time to move on and be replaced by yet another ‘new’ betting company which might very well be nothing but an avatar of the previous ‘Asian betting partner’.

A good example of this is how LoveBet ‘succeeded’ the already-mentioned LaBa360 as Burnley FC’s shirt sponsor when, in fact, both are brands of the same entity (*). Seen that way, the investment is minimal, far less than what (if allowed, which it is not) a full-blown advertising campaign would cost on local billboards and television screens. So much money is at stake. What’s an investment of a few million when the market’s annual turnover is 1 trillion US dollars, and a market research institute predicted that “the online gambling and betting market in Asia Pacific was anticipated to expand at a significant compound annual growth rate (CAGR) of around 14 percent between 2018 and 2026”?

It must be noted that this vertigo-inducing figure dwarves the revenues of household names in the European gambling industry. To draw a parallel, the two giants from the British Isles, Bet365 and the rapidly-expanding Flutter Entertainment, an Irish consortium which controls Paddy Power, Betfair, Skybet, Adjarabet, TVG and other subsidiaries, generate an annual combined revenue of 10.5 billion US dollars, from wagers totalling over 100 billion pounds. This sounds huge, and is, but only represents roughly 1/10th of the amount which is bet through unregulated operators.

The profits are colossal. Major European bookmakers generate operating incomes which range from 14 to 26% of their turnover, and there is every reason to believe that unregulated Asian companies, all of which are registered in a variety of tax havens, are even more profitable. As to where the money ends, nobody knows, as nobody knows who owns those companies – and this includes the Premier League and Championship clubs which cut lucrative deals with them.

They too have no idea of who they are dealing with, or where the money they get is coming from. Manchester United and the others will never deal directly with the Asian betting companies which pay millions to put their names on shirts and boards. They don’t need to. One wonders if they’d want to anyway.

Yet those – predominantly Chinese – gambling giants are allowed to operate freely, in full public view, in the United Kingdom, home of the world’s most popular league, without adhering to the regulatory framework which British companies must abide by. How can that be?

The answer is simple: through using so-called ‘white label’ companies/agents, most often based in the British Crown dependency of the Isle of Man, thanks to agents such as Douglas-based TGP Europe Limited. All they need to do is fill in some paperwork and pay their fees – which are modest in comparison with the profits to be made. Then what was already a murky business turns even murkier.

 

[Th3G3ntleman]

Its got to be Saudi money. What the fukk is the ROI of something like this?

 

[JamesJabdi]

Alot of them kick streamers have to gamble on their streams its apart of the contract. When gambliing was allowed on twitch the streamers would get a certain % of the money that their fans lost.....foul shyt... Most of them young too.

Then twitch bans gambling and suddenly kick pops up.....kick aint even really a comptitor to Twitch because kick uses AWS to be able to stream their content which is owned by Amazon.

Shyt is shady as hell and super foul.

 

[wastedmermaid]

How much of a fat, lonely piece of crap you gotta be to watch another mf play video games?

Y’all so and out of touch on here

 

[OnFleekTing]

Kick ain't gonna last long if they are throwing that type of money out there just to compete

 

[Smokin Rider]

This BruceDropEmOff cat got 2 years 80 mill too, I should have been a streamer