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How Does a Memecoin Casino Work

Online gambling has become significantly more popular after this sector began integrating cryptocurrency payments. Ever since Bitcoin exploded onto the scene more than a decade ago now, the scale and sheer expanse of cryptocurrencies out there presently is staggering.
With so many of them in the mix now, cryptocurrencies are now better known by categories. Among the likes of stablecoins, altcoins, and even a category called shitcoins, one of the better-known types of cryptocurrencies these days are memecoins. Born out of internet subculture and dark humor, these cryptos are growing fast and evolving to fit a range of new use cases every day.
As a terrific example of this ingenuity, the MemeBet coming off a successful presale, this particular memecoin seems set to usher in the world’s first memecoin crypto casino.
The First Meme Casinos
It’s important to note that while MemeBet’s foray into online casinos seems set and will be groundbreaking when it happens, it’s not the first meme crypto casino. In fact, crypto casinos have been around for some time now and have been widely embraced by iGamers all over the world.
According to crypto writer Gary McLellan from Best Crypto Casinos Ltd, the popularity of these sites stems from the fact that crypto casinos are generally able to offer more perks than traditional casinos as they provide features like anonymous play, better bonuses, loads of game choice, and faster payments.
The key difference with these platforms is that most accept major cryptos like Bitcoin, Ether, or Solana. However, MemeBet is set to change all that as it seeks to become the first crypto casino powered by memecoins alone. This represents an exciting shift from conventional crypto casinos as a wider range of crypto holders will now be able to gamble online with their memecoins.
What Are Meme Coins?
Having raised close to $300k already, MemeBet has been attracting a ton of early investors. However, it’s very important to first take the time to understand what memecoins are before you understand how they operate in casinos. They are simply a type of cryptocurrency coin that is created as a joke originating from an online meme.
DogeCoin was the first meme coin to be created back in 2013 as a joke of Bitcoin but it managed to become extremely popular over the years—mostly thanks to its connection to Elon Musk. Next, it was followed by the likes of Flocki Inu and Shiba Inu coins that were developed in 2020. These coins were generally created with a lack of value but have also grown quite successful, leading to an entire market for memecoins these days.
The Use of Meme Coins in Casinos
As mentioned, a memecoin casino is simply an online casino that primarily uses memecoins to play with. However, players are allowed to bet on the regular types of games you would find at casinos, such as poker, slots, and even blackjack. They have now even created special meme-themed games that focus more on using meme currencies.
To play, players will simply have to deposit their meme currencies (such as DogeCoin for example) into their casino wallets and then use them to wager on games the same way they would use fiat money. This provides current owners of these memecoins with another convenient way of making use of them without the hassle of trying to convert them into fiat money first.
Transaction Speed and Costs
Another benefit of using memecoins is the convenience of their transactions. Traditional payment methods, such as bank transfers or credit cards, sometimes have a high processing cost and may take several days to transfer funds.
On the other hand, cryptocurrency transactions are usually much faster, as they can instantly be transferred to your crypto wallet. DogeCoin is the ideal type of currency to use on smaller and more frequent transactions, as it has the fastest delivery rates and does not require overall intensive verifications.
Also, compared to other popular cryptocurrencies like Bitcoin or Ethereum, a lot of memecoins have a much cheaper transaction cost and are faster to transact with. Players can sometimes become reluctant to play games online due to the long waiting time for payouts.
However, at crypto casinos, players usually have access to immediate payouts. Therefore, the incorporation of memecoins will likely have a significant effect on the number of players who will now participate in online casino games.
Security and Anonymity
Security is one of the key challenges on any online gambling platform, and memecoin casinos are no different. However, as memecoin transactions are also run on blockchain technology, they do come with inherent security features that make them difficult to amend once recorded on the chain.
Players will be able to play anonymously at memecoin casinos, something not available to players in normal casinos. This is because players may not necessarily have to follow the stringent registration processes at traditional online casinos so KYC processes can be dispensed with.
Therefore, meme casinos will only require players to have a crypto wallet address for deposits and withdrawals, allowing them to play more privately. This privacy usually appeals to most users and generally influences their decision to join crypto casinos in the first place.
Compliance Updates
Zimpler Becomes Certified Payment Institution in Brazil, Strengthens Local Open Finance Ecosystem

Zimpler, a leading Swedish company in Pay-by-bank solutions, has become a certified Payment Institution (PI) in Brazil, authorized by the Central Bank. Now Zimpler is allowed to facilitate payments and other Open Finance ecosystem resources, streamlining the checkout process and reducing friction by allowing direct transactions without redirecting users to bank apps. This movement solidifies Zimpler’s plans and structure in Brazil.
“We are thrilled to receive this authorization from the Brazilian Central Bank. The recognition of Zimpler as a payment initiator reinforces our commitment to this local market, which offers a great opportunity for growth and value in a very dynamic and competitive environment,” said Johan Strand, CEO of Zimpler.
The authorization, which also allows Zimpler to act as an electronic money institution, strengthens the Open Finance ecosystem in Brazil, one of the most advanced in the world and which now welcomes the leading payments fintech from Sweden. Businesses looking to thrive in the country can now benefit from the Zimpler’s seamless payment experience, giving them a competitive edge in a dynamic and fast-moving market.
“This milestone showcases the strength of Swedish innovation and the mutual benefits that come from closer economic collaboration between Sweden and Brazil. Sweden has long been a leader in financial technology, and we are proud to see companies like Zimpler bring their experience and trusted solutions to contribute to Brazil’s dynamic digital economy,” said Andreas Rentner, Trade Commissioner and Country Manager of Business Sweden in Brazil.
“With our experience powering over 80% of Sweden’s population through Swish, we’re bringing the same proven technology and approach to Brazil through Pix, one of the most successful real-time payment systems in the world. We’re looking forward to helping businesses unlock the full potential of Open Finance in Brazil with seamless, secure payments that drive market growth,” Strand said.
The authorization by the Central Bank is another step in strengthening Zimpler’s foundation in Brazil, following the opening of its São Paulo office in 2022. The company remains focused on expanding its footprint and deepening its partnerships across key verticals such as iGaming, where it sees strong growth potential.
Latest News
AGS Interactive Makes Market Debut in Connecticut

AGS Interactive has made its market debut in Connecticut, taking a selection of its best-performing games live in the Constitution State.
Local players in Connecticut can now enjoy three of AGS’ hit titles, with Capital Gains, Blazing Luck, and Dragon Fa initially available, all proven with both land-based and online players across North America.
AGS plans to roll out its full interactive portfolio, ensuring a steady cadence of new content for operators and players alike.
The launch represents AGS’ sixth regulated US market entry, further extending its footprint across the country and cementing its position as a supplier of beloved land-based classics with cunning interactive forward games.
Zoe Ebling, VP of Interactive at AGS, said: “Entering Connecticut is a huge milestone for us. It’s not just another market, it’s a testament to the momentum our interactive division has built across the US.
“By bringing Capital Gains, Blazing Luck, and Dragon Fa to Connecticut players, we’re giving them a taste of our best-in-class titles right out of the gate. Every new state launch is a fresh opportunity to show operators that AGS doesn’t just deliver games, we deliver experiences that resonate. We’ve seen firsthand how our land-based hits translate online, and we’re excited to roll out even more content throughout the year.”
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NFL Announces Partnership with ICRG

The National Football League (NFL) announced a partnership with the International Center for Responsible Gaming (ICRG) to address growing concerns around gambling behaviors among college athletes and students. The NFL Foundation will contribute $600,000 over three years to support independent, peer-reviewed research being led by the ICRG that aims to explore the prevalence, risk factors, and impacts of gambling behaviors in these populations.
While initial studies have indicated that college athletes may be at higher risk for gambling problems, there remains a lack of comprehensive, current data on how college populations interact with online sports betting platforms. This NFL-ICRG initiative will empower independent researchers to explore a wide range of topics with the goal of informing data-driven prevention strategies, education, and policies aimed at reducing gambling-related harm. Grant applications will be peer-reviewed prior to the selection of the final recipient by the ICRG Independent Scientific Advisory Board.
Additionally, the NFL will fund an update to the ICRG’s “Talking with Children About Gambling” educational resources to equip parents, coaches, and educators with practical guidance to help prevent youth gambling exposure before college. Educational materials will be widely available online and distributed to schools, community sports organizations, and youth programs nationwide.
“We’re proud to partner with the ICRG to advance research that can drive meaningful solutions and address a critical gap in the understanding of gambling behaviors among college athletes and students. This initiative reflects our ongoing commitment to promoting responsible gambling and fostering a safe and supportive environment for athletes, fans, and communities,” said Anna Isaacson, NFL senior vice president of social responsibility.
“The NFL has once again demonstrated its commitment to player and fan protection by supporting this critical research targeting young adults. The NFL and ICRG together will make a meaningful contribution to understanding and implementing policies and programs that support a safer gambling environment,” said Arthur Paikowsky, president of ICRG.
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