Tag: xqc

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Twitch cracks down on gambling streams, shifts monetization

Sorry xQc — it looks like Twitch is making a few changes.

The live streaming video game platform has shifted its policies regarding monetization and gambling content.

First, monetization: for the first $100,000 USD (roughly $134,634 CAD) collected via Twitch, the split remains 70 percent (the streamer) and 30 percent (Twitch). After, the split shifts to 50/50. This change won’t occur until June 2023, and Twitch says it will only affect the top 10 percent of streamers.

The current Twitch model for revenue is a 50/50 split, with bigger streamers getting the more generous 70/30 split.

The second change prohibits the streaming of gambling sites that include slots, roulette or dice games that aren’t licensed in the U.S. or other jurisdictions that provide sufficient consumer protection. Twitch will continue to allow websites that focus on sports betting, fantasy sports and poker. This change will take effect on October 18th.

One of the gambling sites included in the ban is ‘Stake.com,’ which is often featured by notable streamers like xQc (Felix Lengyel) and Trainwreck (Tyler Faraz Niknam).

Livestreaming gambling on Twitch has become a controversial topic, given how young the platform’s audience is. Earlier this week, streamer ItsSilker admitted that he defrauded hundreds of thousands of dollars from streamers to support his gambling habit with no way of paying them back. However, streamers like xQc and Ludwig (Ludwig Ahgren) have offered to pay back Twitch viewers and streamers who’ve bit scammed by Sliker.

xQc has lost more than $2 million CAD while gambling on Twitch.

Source: Twitch, (1)

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Canadian streamer xQc spent two hours on ‘slots for kids’

Quebecois streamer Félix ‘xQc’ Lengyel is again in the spotlight for his gambling.

The content creator has been working with an online casino called Stake and often gambles on his Twitch streams. Recently, however, the streamer was directed to an online slot machine called Fluffy in Space. The viewers on his channel referred to this as “slots for kids.”

The online slots had a maximum wager of $12.50 USD (about $16.29 CAD), which is a lot less than what xQc typically spends. The online machine is filled with stuffed animals and silly sound effects that play with each and every pull on the slots.

xQc described the online slot machine as “goofy-ass dogsh*t,” but still spent two more hours gambling.

The streamer has been the centre of debates about whether he should be accepting gambling sponsorships and handing out promotional codes.

Additionally, xQc is losing more than $2 million CAD from gambling, and had his father call him during a stream to call him about his gambling problem.

Via: TheGamer

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Canadian streamer xQc’s father calls him on stream to discuss his gambling debt

Canadian Twitch streamer xQc has admitted to losing $1.8 million USD (roughly $2.3 million CAD) to gambling last month. After he admitted the substantial loss of money, his father called him during a stream to ask if he was okay and show that he was worried about his son’s gambling problem.

The Quebecois streamer Félix Lengyel (xQc) appeared on a podcast on May 1st with another famous Canadian streamer, Pokimane. In the podcast, Lengyel explains that he gambles a lot saying that it’s “it’s fun, I can afford it, I can afford doing it.” xQc then expressed that he doesn’t only gamble when he’s on stream, but does it all the time, even when he’s not streaming and admits to being “addicted.”

On May 2nd after hearing about the news, xQc’s father called him during a live stream.

“Stop, stop. Nah, yeah, I lost some money yesterday,” answered xQc. “What about it?”

His dad responded, “You’re my little boy!”

“Dad, stop reading f******* clickbait articles, man,” the streamer interrupted. “I lose money sometimes. It happens. What’s up?”

His father then switches to French. My French is pretty rusty, but I’m pretty sure he says to not talk to him like that, and then asks Lengyel if he’s alright?

Afterwards, it gets a bit confusing and asks “between 1 to 5?” and xQc replies 110. His dad then says that he should speak to him in French.

Next, xQc’s dad says “and I don’t have to worry?” and the phone call ends shortly afterwards.

The 26-year-old streamer started his career with Overwatch and is now one of the biggest streamers on Twitch. He claims to have more than two million dollars in bitcoin and has an assumed net worth of $9 million USD (roughly $11.5 million CAD), according to Sportskeeda.

While losing $2 million is obviously a huge hit, it seems the Canadian streamer has a few more million to lose.

Via: Kotaku