Stake.com, the world's largest crypto casino, has grown through a massive influencer marketing strategy involving viral clips of huge wins.
A data analysis of 500 hours of live slots play by 25 streamers revealed that Drake won four times more often than other streamers, but only on games owned by Stake's parent company; his win rate on other games was average.
The investigation found evidence that some streamers played with money deposited by the house ("the bank"), suggesting gameplay was not always with personal funds.
Stake employs a large team of contractors to clip and distribute videos of influencer wins across social media, creating an inescapable online presence and sensory-overload marketing.
High-profile influencers in Stake's stable include Drake, Adin Ross, xQc, Roshstein, and TrainwrecksTV, who collectively reach tens of millions of followers.
The platform faces legal scrutiny, with lawsuits in the US naming Drake and Adin Ross for allegedly advertising an illegal casino.
Stake operates in a regulatory gray area: it is licensed in Curaçao, a crypto-friendly jurisdiction, and users in banned regions use software to mask their location to access the site.
Following Twitch's (owned by Amazon) 2022 ban on crypto gambling, Stake's founders launched their own streaming platform, Kick.
The report links influencer content to real-world harm, citing interviews with young people who became addicted and lost significant savings after their favorite streamers switched from gaming to crypto gambling.