New Grey Zone Casino Review WSM Casino

Here is a new review - not a Baptism by Fire review

Webzcas

Winter is Coming!
Staff member
Joined
Mar 31, 2005
Location
Block S25, South Stand, Ashton Gate, BS3
Another new addition to the Grey Zone here on Casinomeister, WSM Casino which is a Crypto Casino established in 2023.

You can check out our review of WSM Casino here: WSM Casino: Legit or Scam? Casinomeister Reviews (2024 )

Initially licensed in Curacao, WSM Casino has made the jump to the jurisdiction of Anjouan and so far we have had no adverse reports concerning this casino.
 
I joined this casino a couple of weeks ago. $60 deposit in crypto, $200 withdrawal. Withdrawal took just under 60 mins to hit my local wallet.

Second deposit a week later didn’t last but that’s the nature of slots these days.

Good selection of slots all at max RTP. Will be depositing there again.
 
So we have...
  • Licences: Curaçao Master License 365/JAZ, Anjouan
  • From @maxd (historical): The Curaçao 365 license is valid, though it seems they may have been operating unlicensed in the past.
  • First Impression: WSM Casino was launched back in 2023, and they’re owned by a company called MIBS N.V. Initially, the site was licensed in Curacao – but this license expired, and they’ve since moved over to the Anjouan license.

That is a pretty big red flag - if there is already evidence, in their one year history that they were operating without a license, and they're now moving to another hands-off jurisdiction where the license isn't worth the paper it's printed on (from a player perspective)... then it's one to avoid.

We've asked questions about other review sites being unreasonably positive about a site (particularly when it comes to safety or trustworthiness) and I think the same applies here... 7.3 rating for a site with a very limited track record (one year), potential red flags, and now moved to a no-name jurisdiction? That surely can't be right...

By contrast, a Betsson casino is 7.7 - is MGA licensed, accredited, has previously won awards, has been in operation for 9 years, and equals or betters WSM on every rating from the reviewer (Bryan in that case, Alex in this one).
 
Last edited:
Ever since Dama and Hollycorn pulled the rug out on their slot RTP, I've been trying different casinos. Found this one. Good casino so far. Instant withdrawals.Wish they had a CAD currency option and the bonus page under my profile wasn't so convoluted and difficult to understand.

Cashback rewards are nice here.
 
The review to be fair mentions that they are now licensed in Anjouan. Mentioning that they were initially licensed and operating out of Curacao is valid IMO.
As part of the licensing section yes, as part of the headline bullet points no - people will see Curacao and assume incorrectly that it's still licensed there... even though the master license has been surrendered and is no longer operational.

Given we have sites actively migrating from one license to another, that headline summary needs to be clear and up to date, otherwise CM is at risk of accidentally misleading players in the same way that other review sites are deliberately misleading players.

Also, for your point I would say previously licensed rather than initially, given Max's observations that they may have been operating without a license at some point - that's quite a serious accusation to be thrown around, and not something that should be ignored in the short term.
 
I just jumped on WSM today to play out a balance I had on there from a couple of days ago only to find all of their Prag slots are now set to 94.x% RTP. No longer viable to risk playing at this crypto casino in my view. Another joint crossed off my list…
 
Jesus
I just jumped on WSM today to play out a balance I had on there from a couple of days ago only to find all of their Prag slots are now set to 94.x% RTP. No longer viable to risk playing at this crypto casino in my view. Another joint crossed off my list…
Christ. Another seemingly decent casino bites the lowered RTP dust.
 

Users who are viewing this thread

Meister Ratings

Back
Top