🏠 » Counter-Strike » FaZe Clan owner admits he ran a CSGO skin gambling site

FaZe Clan owner admits he ran a CSGO skin gambling site

FaZe Clan owner Ricky Banks recently revealed on an episode of the BADNWZ podcast that members of the FaZe esports organization ran a Counter-Strike: Global Offensive skin gambling website. 

A little before 2016, FaZe Clan started looking for a new CSGO roster to invest in, which Banks stated was going to cost them $1 million. It was an amount the organization did not have at the time. He told the podcast host that he knew the team was “going to be worth $5 million” in the next six months, so he needed a way to acquire the team as quickly as possible. 

It’s unclear who else was involved with the plot, but Banks and some other FaZe Clan members purchased a house on a Caribbean island to run a skin gambling website “legally with permits.” According to Banks, they flew to the island privately and paid “the guy that runs the country” $100,000 for the permit. 

“We bought this whole estate, had guys with guns… this place was fucking crazy,” Banks recalled. 

For a while, Banks claimed he and his compatriots were making around $200,000 a day with the CSGO skin gambling website, which he didn’t name. The site has since shut down. 

“We were the only ones doing it legitimately,” Banks said. “We were making crazy money.”

Fans are already speculating which skin gambling site it was. Many are thinking it’s CSGOWild, since FaZe Clan often made videos promoting skin gambling on that particular site. They never disclosed they were owners and CSGOWild even denied the organization was a partial owner back in 2016. 

“First off, FaZe Clan, and any of its members do not and have NEVER owned any part of Wild,” the statement read. “Team Wild Inc. also known as CSGOWild is ONLY owned by myself and my brother, Zach.”

Owner of FaZe Clan and only FaZe Clan. No matter what rumors you hear.

— NORDAN ⛈ (@FaZe_Rain) July 18, 2016

Around that time, CSGO skin gambling was becoming a big controversy in the gaming community. While some operations were legal, many websites were scams or had shady behind-the-scenes activities. This included one of the biggest scandals of the time, when YouTubers Trevor “TmarTn” Martin and Tom “ProSyndicate” Cassell were sharing videos of themselves winning big on CSGO Lotto without disclosing that they were the owners. 

A few months later, the Washington State Gambling Commission forced Valve to take steps towards ending skin betting. Valve complied by disabling many of the tools that kept these websites operating. Most CSGO skin betting activity ended in 2016. 

If you are looking for an esports bookmaker, feel free to try out winners.bet and if you’re looking to find a specific betting related feature or read reviews of bookmakers, visit winners.net

Latest News
The ultimate list of the best beach slots for your next summer spin
When the weather heats up, it's the perfect ...
Check out our list of the most fun slots to play online
Online slots are continuing to explode in popularity ...
Shapyf scores a big win on The Wildos 2 with a tiny bet
A recent win by Kick streamer Shapyf on ...
These complex, feature-heavy online slots keep things interesting
Some bettors like to keep things simple, but ...
Here’s what Kick Bounties are and how they work
Kick Bounties are a new feature that encourages ...
NezhenkaPirozhenka hits rare max multiplier win in online slot
Kick streamer NezhenkaPirozhenka has been having a quite ...
MOUZ vs Legacy: BLAST Austin Major CS2 betting guide
MOUZ has almost climbed its way out of ...
Nmplol explains why OTK is now streaming on Kick
Content creation organization One True King surprisingly started ...
NaVi vs G2 Esports: BLAST Austin Major CS2 betting guide
NaVi took a tough loss to longtime rival ...
Editor's Picks
Who is Stevewilldoit? Net worth, girlfriend, and more
The news of Stephen "Stevewilldoit" Deleonardis, the master ...
All we know about Thea Booysen, MrBeast’s girlfriend
Jimmy "MrBeast" Donaldson is known purely for his ...
How to quickly make infinite water in Terraria
Whether you’re looking to spruce up your Hellevator ...
Best Pokemon Glazed cheat codes
Pokemon Glazed is one of the most popular ...
How to enable net graph in CS2 
Competitive players were disappointed when they discovered that ...

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.
21+NCPGGamblers Anonymous
×
Your Promo Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site