Pros
- Crypto experts with their own coin
- Choice of 20+ cryptos
- Some exclusive crypto games
Cons
- Questions about the WSM token
- Gave up on its unique meme identity
WSM Casino Pros & Cons in Detail
We’ve seen plenty of casinos which just add on BTC as a deposit method and think that makes them a proper crypto casino. To join the club, you need to know what you’re talking about. We want to see multiple token options, guidance for new players, and useful features to flick between fiat and crypto.
WSM Casino has all of that. In other words, this is a crypto casino where you know the team are genuinely into crypto.
But perhaps they’re a little too into it. The team launched their own token, WSM (or Wall Street Memes), in 2023. After an initial rush, it plunged – and some of their behaviour since then has been questionable. We’re talking shutting down Telegram chats and not delivering on promises.
Technically, this shouldn’t impact you if you’re just playing at the casino. But it’s something we felt was worth investigating, as it speaks to the character of WSM Casino.
WSM Casino vs Other Crypto Casinos
In their attempt to become the crypto honchos, WSM Casino has some stiff competition. We tested the site and compared it to some of the best crypto casinos around.
WSM Casino vs BitStarz
WSM Casino aren’t the only experts in the crypto casino space. As mentioned in our BitStarz casino review, you can deposit using more than 500 crypto tokens.
Most of us will probably use the main culprits like BTC, ETH, USDT and so on. But having the option to deposit with niche coins is awesome. For instance, if you have a small investment in a memecoin which suddenly springs up in value, you might want to move some of that over to the casino without a fuss.
WSM Casino vs Cloudbet
WSM Casino has lost the confidence of players a little through its WSM token situation, but the opposite is happening at Cloudbet.
This crypto casino came up through the ranks as an active voice on bitcoin forums, and that player interaction has stuck. The findings of our Cloudbet review clearly showed that this has led to players trusting the site wholeheartedly. They also display the RTPs of every slot, table game and live casino option on their site.
WSM Casino: Moonshot Slots Verdict
We don’t want to judge WSM Casino too harshly. Not all crypto tokens are going to be a success, and the fact that the price has fallen is bound to result in some salty customers.
At the same time, we can’t ignore some of the player feedback we’ve seen. There are reports of people being silenced in Telegram groups, a lack of transparency about plans for a crypto casino, and even the reduction from weekly rewards, to monthly rewards, to none at all.
We didn’t invest in the WSM token and therefore can’t verify these reports. But it’s enough for us to recommend you proceed with caution if you’re considering buying the token itself. Do your research before rushing in.
As for the WSM Casino, it allowed its former license to expire then renewed via Costa Rica. This is the route many online crypto casinos are taking, and is a legit license, which means their games are safe.
Setting aside reservations about the token, the games area has a clean layout and some tasty promotions to go with it. If we fully separate the token stuff to the casino, it’s a high-quality site with some nifty features.
How to Sign Up to WSM Casino
It only takes a minute or two to get signed up at WSM Casino. Here’s what to do:
- Go to WSM Casino
- Click the yellow ‘Sign up’ button
- Enter your email, username and password
- Click ‘Sign Up & Play’
- Alternatively, you can click ‘WalletConnect’ to sign up that way
WSM Casino Banking
There are four ways to deposit crypto at WSM Casino. Once you’re signed in, click on ‘Wallet’ to see your options.
Under the ‘Deposit’ tab, you’ll be able to get a simple recipient address so you can transfer funds manually, or you can use either WalletConnect or Best Wallet.
Additionally, there’s a ‘Buy Crypto’ tab, which will take you out to a third-party website if you want to purchase crypto for USD or another fiat currency.
There are 24 tokens available on WSM Casino including their own token, WSM.
The WSM Token
You don’t actually need to buy the WSM token to play at WSM Casino, but it’s worth talking about, because it’s put some players off the team.
Wall Street Memes (WSM) launched in late September 2023 and spiked in price for a couple of weeks, before returning to its original price two weeks later. From there, the token has struggled, and as of May 2025 sat at a market cap of roughly $1.2 million – much lower than its launch, when it was $70 million.
Many legit projects fail in the crypto space despite the best efforts of the owners. And it’s inevitable that investors who’ve lost out will be angry. If the token recovers, it would likely all be forgotten in an instant.
We’re not fussed about the price. What bothered us were the allegations of shutting people up on Telegram and moving the goal posts.
Again, we have to reiterate that this is all unsubstantiated. But we feel it’s our duty at Moonshot Slots to give you the full picture so you can make an informed decision.
Claim Your Bonuses at WSM Casino
Right, enough about that damn token, which has probably doubled in price since we started writing this. Let’s move on to bonuses at WSM Casino.
WSM Casino isn’t just a crypto slots site, as it also has a sports betting section. This means that the bonuses are a mix of the two. If you’re a casino purist, you’ll just have to manually scroll through them, as there’s no ‘Casino’ filter.
At the time of our WSM Casino review we saw a lot of crypto slot tournaments and leaderboards, but the one which really caught our eye was the VIP scheme. The top dogs can get up to 25% cashback, which is a massive amount compared to other crypto casinos.
But you have to wager a hell of a lot to get there. There are four tiers in the WSM Casino VIP program: Bronze, Silver, Gold and Platinum. To reach the top, you have to have bet a cool $1 million. That’s, er, a little out of our price range.
Games at WSM Casino
There is a strong selection of crypto games at WSM Casino, coming from 10 top-tier software providers, including Pragmatic Play, Hacksaw Gaming and Play’n GO.
The left-hand menu has some essential filters, like ‘Slots’, ‘Live Casino’ and ‘Game Shows’. It also has ‘Casual Games’, which we’ve seen at quite a few crypto casinos, but always confuses us. Are the others intense, then? But anyway…
The crypto slots at WSM Casino are then divided into categories such as ‘Bonus Buy’, ‘Megaways’ and ‘Seasonal Games’. We’ve seen more in-depth filters, but they’re good enough at WSM Casino. Plus, you can search by game studio.
The live casino is pretty tasty, with titles from Pragmatic Live, Live88, Iconic21, Winfinity, and Microgaming, now operating as Games Global. We manually went through every live casino game at WSM Casino and counted precisely 400. That’s roughly double or triple what you’ll find at most crypto casinos.
One more thing to note is that you might notice your balance showing as USD or EUR when you’re at the slots. This is an intentional choice by WSM Casino to give you access to all games – including non-crypto ones – and to easily keep track of your funds. Rest assured; you’re actually playing with your crypto balance.
Does WSM Casino Work on Mobile?
There’s no mobile app at WSM Casino and, frankly, these guys have enough going on as it is.
Nonetheless, you don’t actually need an app. You can just visit the site from your mobile browser and use your usual log in. It looks good on mobile and the loading times are solid when you open and close slots.
WSM Casino Customer Support
We’re pretty sure there’ll be a Reddit army of WSM token holders furious at what we’re about to say, but the live chat at WSM Casino is great!
It is a pain to get through to a human, though. You’ll be put through to a chatbot which has a lot of dead ends. Choose something like ‘Terms and conditions’ and tell the chatbot it hasn’t answered your question, and you’ll be taken to a live agent. It would be much easier if it just understood what we meant when we type ‘human’, though.
Once we got through to someone, they were extremely helpful and knowledgeable. Perhaps the whole token fiasco has led to the chat agents being more up to speed.
WSM Casino Safety & Security
WSM Casino is fully licensed in Costa Rica, which is a safe and trusted authority in the crypto space. The casino itself has been open for years, and has many happy players – if you look past the disgruntled token holders.
The parent company of WSM Casino is EOD Code SRL. They sound pretty robotic, and they kind of are, because many of their online casinos look and feel very similar. They operate more than 20 in total, many of which are very successful.
On paper, everything checks out at WSM Casino. But, until things settle with the WSM token, we probably wouldn’t leave huge amounts in the cashier. Instead, we’d suggest cashing out after you finish your session.
WSM Casino New Look
If you’ve clicked onto the WSM Casino website and could’ve sworn it used to look different, you’re right.
WSM Casino used to look completely different. It was packed with memes and had a crypto bro vibe going on, with heavy doses of edgy humour. Even the white backdrop and sketch-style imagery made it stand out. It just felt fresh.
However, WSM Casino has since had a complete revamp. The new site has lost all of the memes and now uses a dark theme. The overall vibe is more professional and in-line with other online casinos. Perhaps this was an intentional move to show how serious they are about the token.
WSM Casino Summary
If you’d asked us a couple of years ago, we’d have told you WSM Casino was a really unique and interesting crypto casino. But, with its new look, it has become more like the others. And the fact that so many people are upset with the way they’ve handled their token is a slight cause for concern.
Despite this, WSM Casino does have thousands of top crypto games, a legit gambling license, and some very easy and useful features for crypto deposits.
We’ll be keeping an eye on the site and refreshing this WSM Casino review regularly.
FAQs
What is WSM Casino?
WSM Casino is a crypto-focused gambling site which includes both a digital casino and sports betting section. More recently, it has also added a WSM token section, where you can invest in their coin.
What happened to WSM Casino?
WSM Casino dramatically revamped the entire look of their website in 2025. It moved from a meme-focused, humorous approach to a sleeker and more professional one.
Where can I buy the WSM token?
You can buy and trade the WSM token directly on the WSM casino website. Go to the left-hand menu and click ‘WSM Token’ then connect your wallet to buy some WSM coins.
Is WSM a scam?
WSM Casino is a fully licensed site online casino and sports betting site. It is also the company behind the Wall Street Memes coin, which was launched in 2023 and has a small market cap.