Twitch Gambles It All | Cuts Revenue to its Most Valuable Streamers (VL717)

We've talked a lot about Twitch in Virtual Legality at this point, but at no time have we ever really been worried about the future of the platform...until now.

It's time to talk about gambling, both in the literal and figurative sense.

Sometimes its a corpse that twitches...in Virtual Legality.

CHECK OUT THE VIDEO AT: https://youtu.be/XY-qHX0FVKA

#twitch #gambling #streaming

***
NEW MERCH LINK: https://virtuallegalityshop.myshopify.com/

***
INTERESTED IN SUPPORTING THE CHANNEL?

UTREON - https://utreon.com/c/hoeglaw/
PATREON - https://www.patreon.com/VirtualLegality
MERCH - https://virtuallegalityshop.myshopify.com/

BITCAST (Sundays 11AM Eastern) - https://www.youtube.com/channel/UCgHBXONMT06nX_8RZ5r32UA

***
CHAPTERS
00:00 Introduction
1:11 Twitch vs Gambling
10:00 Twitch vs Streamers
35:54 Conclusion

***
Discussed in this episode:

ARTICLES
https://kotaku.com/twitch-gambling-xqc-pokimane-stake-trainwreck-betting-1849560661
https://kotaku.com/top-twitch-streamers-fight-over-sketchy-gambling-stream-1847186269
https://www.theverge.com/2022/9/20/23363443/youtube-creator-music-licensing-program-monetizing-longform-videos

TWEETS
https://twitter.com/Twitch/status/1572347129192132611
https://twitter.com/Twitch/status/1572525437196148738
https://twitter.com/zachbussey/status/1572615009208786946
https://twitter.com/DevinNash/status/1572587986835099649

TWITCH BLOG
https://blog.twitch.tv/en/2022/09/21/a-letter-from-twitch-president-dan-clancy-on-subscription-revenue-shares/

ANCILLARY
https://store.steampowered.com/news/group/4145017/old_view/1697191267930157838
https://ir.aboutamazon.com/annual-reports-proxies-and-shareholder-letters/default.aspx
https://s2.q4cdn.com/299287126/files/doc_financials/2022/ar/Amazon-2021-Annual-Report.pdf
https://www.businessofapps.com/data/twitch-statistics/

***
"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:
https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

***
Twitter: @hoeglaw
Web: hoeglaw.com