What’s in the cards for CoinPoker and the growing army of players/influencers promoting the site on YouTube?
There are more and more YT channels promoting CoinPoker as the operator has selected this approach as its main growth strategy. However, the latest video from Poker Room Review highlights many problems with this approach and why it could all come crashing down (and soon), bringing with many consequences for the creators involved:
- The company registration information is a mess – several different countries listed, depending on where you look.
- CoinPoker is licensed by Anjouan – the license itself specifically states that it doesn’t cover UK, USA, and several other countries that represent CoinPoker’s main markets.
- The Anjouan license isn’t even a government-backed thing. The country’s own government came out saying that this is a shady operation that is actually ran by an entity located in the UAE.
- There is a pattern emerging for regulators/law enforcement worldwide coming after creators/promoters of illegal gambling sites – he mentions a massive operation in Australia, a Brazil operation that saw a number of prominent creators actually arrested, takedowns in the Netherlands, Italy, and more.
- The Italian takedown is particularly important because they also went after YT/Google, claiming they are active participants, not merely platform providers. The EU court upheld this decision, Google was fined a couple of million, but the precedent was set – Google, as a company, is responsible – they don’t get to wash hand and say we just provide a service, what people do isn’t our concern, because they are making money from these creators.
- Risk for YouTubers promoting CoinPoker – depends on where they’re located. Certain US states, like NJ, have laws that allow even criminal prosecution. Different countries worldwide have different laws, but in the US, Canada, and EU, there are varying levels of exposure.
- His conclusion is that, with all these developments, there will be a massive takedown within a year or two, especially with Google now directly implied. When that happens, creators who worked with these sites could find themselves in difficult positions, where losing their channels could be the least of their worries.
