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| Published On Oct 10, 2023 8:13 am CEST | By Daniel Li

xQc Announces Departure from Online Gambling Amidst Heated Debates

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The French-Canadian internet streamer known as xQc (formerly known as xQcOW), Félix Lengyel, recently caused a stir in the streaming world with an important statement. After reporting a staggering $5 million victory on Stake.com, xQc, who first gained notoriety as a professional Overwatch player, announced his decision to leave the online gambling industry. With an emphasis on Bitcoin and other cryptocurrencies, Stake.com is a well-known online crypto-gambling site that is praised for its casino and sports betting options.

A Pivotal Announcement in Offline Chat

The well-known streaming service Twitch made a significant change to its rules in September, prohibiting content producers from streaming gambling material on unlicensed websites, especially those that provide roulette, slots, and dice games. Platforms operating outside of regulated gaming markets with consumer safeguards were the focus of this strategy. The new policy had an impact on xQc, a well-known “gamba” (gambling) streamer in the past. As a result, he moved his gambling programming to Kick, a direct rival of Twitch that debuted on October 18, 2022.

The “Juicer” resumed his gambling activities and made his Kick debut with a stunning victory of more than $553,000 on his first gaming webcast.

But after winning an incredible $5 million in an online game, xQc has now made an unexpected declaration that he is giving up on online gambling. This announcement follows the streamer’s significant $1.1 million loss in Las Vegas.

xQc provided a screenshot of his enormous victory on Stake.com in his offline conversation. He informed his devoted followers that he had already paid out his winnings and would no longer be playing the slots.

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A total of 788,877 bets were placed, according to the statistics data xQc presented with his audience in September 2023 while using the Stake.com platform. In 76,398 of these bets, he came out on top; the other bets all ended in losses. Notably, xQc’s total wagers have reached the amazing amount of $1.5 billion.

As this development winds down, the streaming community is still curious to know if xQc will actually say goodbye to gambling. The fact that the streamer has a reputation of not always telling his followers the whole truth makes this important statement less assured. Future initiatives by xQc will definitely be closely watched by the streaming community.

Daniel Li

A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.

Tags: xQc