Adin Ross Temporary Ban on Kick: An Inconvenient Coincidence or Genius PR Amid the Rainbet Deal?
Streaming platform Kick has temporarily blocked one of its main talents, Adin Ross, for just one day. Curiously, the ban followed immediately after the streamer's loud announcement about a partnership agreement with the Rainbet platform, which replaced his previous sponsor, Stake. Ross himself announced impressive figures for the contract: $100 million in advance payments and another $50 million annually.
Streaming platform Kick suspended former crypto casino Stake ambassador Adin Ross right after he announced on stream that he was switching partners to Rainbet. According to Ross, the deal includes a $100M upfront payment and $50M annually. The ban lasted just 24 hours and… pic.twitter.com/sOpwmktAmp
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The block was lifted exactly 24 hours later, and there was no official explanation from the Kick administration. This fact instantly gave rise to a wave of rumors about a possible conflict of interest. The fact is that the Kick platform belongs to the same co-founders as the Stake gambling service, which makes this "coincidence" extremely suspicious.
The situation is also fuelled by the news that another well-known streamer, Trainwreck, rejected a similar offer from Rainbet in the amount of $200 million. He motivated his refusal by doubts that the new brand would have enough liquidity to fulfil such large-scale financial obligations.
A conspiracy theory is being actively discussed on the Internet, according to which Rainbet may not be a competitor, but a subsidiary of Stake. In this light, the sudden and quickly cancelled ban of Adin Ross no longer looks like a punishment, but like a cunning and pre-planned PR campaign aimed at the rapid promotion of a new player in the market.
Mark Patterson is the news writer at CasinosInCanada who covers the latest developments in the iGaming industry, including casino launches, regulations, and market updates.
From a purely business point of view, it is brilliant. The costs are zero (a ban for a day), and the newsbreak is on a global scale. Stake/Kick/Rainbet is one ecosystem, they just pour traffic and money from one pocket to another. Learn, idiots.
What a tragedy...
HAHAHAHA, KICK SHIT OUT! They realized that they were losing the goose that laid the golden eggs, and quickly unbanned. A pitiful sight.
150 millions a year? Do you seriously believe in these figures? Yes, he himself will soon be sold as a subsidiary of Stake. Scammers
Come on, what other conflict of interest do you have?))) An ordinary day in the world of streaming. Just a PR campaign to get everyone talking about Rainbet. And it worked, we are discussing it.