xQc moves to Las Vegas and loses $1M, here's what happened
SIN CITY, LAS VEGAS: Twitch star xQc has opened up about a staggering loss of over $1 million from gambling during his recent trip to Las Vegas. This revelation comes as he made the decision to relocate to the vibrant city.
Known as Felix ‘xQc’ Lengyel, he holds a prominent position among the internet's top streamers across various platforms.
Currently ranking as Twitch's fifth most-followed broadcaster, his star power was further solidified by a noteworthy $100 million contract with Kick, a deal that made waves back in June.
In the wake of this deal, all eyes have remained fixated on xQc, as he flaunts his newfound wealth while engaging in public disputes with figures like Ethan Klein H3H3.
Simultaneously, he continues to delve into debates concerning the ethical dimensions of his reaction-style content.
xQc faces $1M loss in Las Vegas gambling venture
Recently, xQc shared his plans to relocate to Las Vegas following a series of events that led him to move around. And it seems like he's making the most of his time in Sin City before the move.
Known for his substantial net worth, xQc didn't shy away from revealing his financial status. In a surprising Instagram story on Wednesday night, August 9, he unveiled a jaw-dropping insight into his wealth.
Following his attendance at the Power Slap event that evening, xQc decided to test his luck with some Blackjack at a local casino.
The outcome, however, was quite unexpected as he ended up losing over a million dollars.
In a photo he posted on Instagram, he could be seen holding stacks of $100 bills (showing off his famous watch in the process). The caption read, "$1.1 million downswing, AHAHAHA."
Although a sum like this might not significantly dent xQc's financial standing, it's still astonishing to witness the amount of money top streamers around the world accumulate due to their online popularity.
'I’m just easily addicted'
xQc found himself embroiled in a long-standing dispute concerning gambling over the past year.
The controversy ignited when the streamer started partnering with gambling companies and distributing promotional codes, which sparked a wave of criticism and backlash from various quarters.
Last year, the content creator announced his decision to cease accepting sponsorships from gambling companies.
However, he later came forward and confessed to struggling with a gambling addiction.
“I’m just easily addicted, so I just shouldn’t gamble,” xQc remarked, as per TheGamer. “I still do it. Is that good? No, that’s terrible. That’s an illness. That’s ill. I’m ill. But you know what? I can afford to be ill. I’m lucky.”
The streamer later said that he reportedly lost almost $2 million to online casinos.
xQc shared the statistics of users who registered at the online casino using his promotional codes, along with the amount of money these individuals have already spent on gambling.
With a somewhat casual tone, he remarked, "It’s not that bad. $119 million. It’s not crazy. That’s rookie numbers compared to some of these nutjobs."
However, when met with criticism from some of his followers, xQc offered an explanation, suggesting that the money "always comes back somehow."
xQc's intense showdown with YouTuber Ethan Klein
This comes after his intense showdown with podcast host and YouTuber Ethan Klein also known as h3h3productions.
The conflict revolved around xQc's widely criticized reaction videos, often characterized by their perceived lack of effort.
Originally intended as a "debate" on the August 7 H3 Podcast channel live stream, the conversation centered on xQc's tendency to disregard copyright laws, exemplified by his recent attempt to screen the entire movie 'The Dark Knight' to his Kick audience.
However, the interaction took a sharp turn, devolving into a tense exchange of accusations and culminating in an unexpected gesture.