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Cryptocurrency Expert Jamie Bungaree Warns About Dangers of Meme Coins

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Jamie Bungaree, a leading expert in online gambling and cryptocurrency at CasinoAus, warns about the dangers of meme coins, how they resemble high-risk gambling, and possible regulation routes that should be taken to protect investors.

Traditional cryptocurrencies like Bitcoin and Ethereum were designed with clear use cases—whether it’s serving as digital gold or supporting smart contracts. Meme coins are driven by social media trends and influencer endorsements, making them highly speculative and volatile.

Just recently, Trump Coin and Melania Coin, launched just before Donald Trump took office, soared in value before crashing. This was followed by another meme coin launch, Harry Bolz, where Elon Musk single-handedly swayed the market.

“We’ve seen the power of branding in the crypto world before, and their supporters are willing to invest in trusted public figures. But a familiar name doesn’t mean the coin will hold its value. These coins first skyrocketed in price but crashed just as fast, leaving many investors with heavy losses,” Jamie Bungaree said.

Market data from recent months illustrates this volatility:

• Trump Coin generated nearly $100 million in trading fees, but extreme volatility led to major losses for small investors.

• Harry Bolz surged 30,000% in just 24 hours after Elon Musk’s name change to ‘Harry Bōlz’ on X, illustrating meme coin volatility.

• Meme coin trading volumes rival major altcoins, with price swings over 100% in days.

Unlike established cryptocurrencies, meme coins lack stability, making them a high-risk investment.

Meme coin speculation mirrors gambling, with investors chasing hype and quick profits rather than fundamentals. Behavioural economics links impulsive decision-making, overconfidence and FOMO to both speculative trading and gambling psychology.

“Many investors trade based on emotion rather than analysis, chasing trends and overestimating their ability. This mirrors gambling psychology—buying on hype, rather than analysing the fundamentals,” Jamie Bungaree said.

Many traders acknowledge making emotional investment decisions, underscoring the need for responsible investing, much like responsible gambling initiatives.

Jamie Bungaree emphasises that without regulation, meme coins will continue to resemble high-stakes gambling rather than legitimate investments.

“Right now, meme coins exist in a legal grey area, allowing bad actors to exploit market hype. Without regulation and consumer protection, many of these coins will continue to rise and fall, leaving behind a trail of winners and, unfortunately, many losers,” Jamie said.

The post Cryptocurrency Expert Jamie Bungaree Warns About Dangers of Meme Coins appeared first on European Gaming Industry News.

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The Free Bet Wheel: Betting.bet Increases Player Engagement with New Gamification Tool

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One of the UK’s leading betting aggregators, betting.bet, has introduced the Free Bet Wheel, a new free-to-play tool designed to increase user retention and interaction. Tied to the weekend’s Premier League football, this gamified feature offers users the opportunity to earn free bets and a weekly £100 cash reward.

At a time when most iGaming affiliates are focused on developing foreign markets such as Latin America and Africa, the function illustrates betting.bet’s ongoing commitment to the UK.

About the Free Bet Wheel

  • Weekend Availability: The Free Bet Wheel runs every weekend, aligned with major Premier League and international football matches.

  • Multiple Chances to Win: Players receive up to four spins to try their luck each weekend.

  • Winning Free Bets: Match three free bet colours within five spins to win a free bet on the featured match.

  • £100 Cash Jackpot: Land on the jackpot segment five times consecutively to win £100 in cash.

  • Loyalty Rewards: Players also collect bCoins, Betting.bet’s exclusive loyalty currency, which can be redeemed for a range of prizes, vouchers and rewards.

Strengthening Operator Partnerships Through Enhanced User Experience

By launching the Free Bet Wheel, betting.bet is not only elevating the player experience but also delivering tangible benefits to its network of partner operators. The feature offers a new avenue to profile selected betting partners, direct qualified traffic to safe free bets and reinforce affiliate partnerships through increased user activity and conversions.

Steve Gummer, Director of Betting.bet, stated: “We at betting.bet are dedicated to developing products and experiences that not only interest players but also provide clear value to our partners. Designed to benefit our UK community in a fun, frictionless manner, the Free Bet Wheel also supports important weekend traffic and sportsbook conversions.”

Driving Retention Through Gamification

This launch is part of a broader strategic focus on gamification and loyalty at betting.bet, aligning user enjoyment with commercial objectives. As the UK version of the platform continues to grow, features like the Free Bet Wheel are designed to support player acquisition, maximise LTV and drive weekend re-engagement.

The Free Bet Wheel is now live at betting.bet and available to all UK users aged 18+,

The post The Free Bet Wheel: Betting.bet Increases Player Engagement with New Gamification Tool appeared first on European Gaming Industry News.

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GR8 Tech Powers Smarter Betting with New Match Trackers

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GR8 Tech has unveiled a powerful new upgrade to its high-performance sportsbook platform: high-quality, real-time Match Trackers—designed to bring more action, insight, and excitement to players. Match Trackers are available across all of GR8 Tech’s sportsbook solutions, including iFrame and the Hyper Turnkey.

We’re always looking for ways to elevate the player experience and give our partners a competitive edge,” said Denys Parkhomenko, CPO at GR8 Tech. “Match Trackers have smart features that drive engagement, boost retention, and power faster betting decisions in real-time.

With broad coverage across football, basketball, tennis, hockey, volleyball, and handball, the trackers are live for pre-match analytics and in-game updates. Key features include:

  • Detailed Stats: From xG in football to rebounds in basketball and aces in tennis, players get live and historical stats tailored to each sport.
  • Key Moments & Summaries: Goals, assists, red cards, substitutions, and more delivered in real-time.
  • Pitch Animation: A dynamic, visual alternative to video streaming, showing key moments as they unfold on the field.
  • Lineups & Live Updates: Full team sheets, coaches, and live substitutions, so players are always in the know.
  • Live Standings: Updated rankings and tournament tables across all supported sports.

By providing operators with the tools to deliver everything players need in one place, GR8 Tech enhances the sportsbook user experience, enabling more confident betting and driving longer player sessions.

The launch of Match Trackers marks another step in the company’s long-term strategy to deliver a best-in-class, sportsbook-driven platform and become the leading sportsbook provider by 2028. Coverage will soon expand to even more sports to meet operators’ needs.

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Midnite creates free limited-edition beer for fans to enjoy at World Snooker Championship

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Midnite is the new official UK betting and casino partner of the World Championship, Snooker’s greatest event, which will run from April 19 to May 5.

To celebrate the partnership, Midnite has created a FREE limited edition lager – with one free beer available per person – which will be served at a local pub throughout the tournament.

The one-off lager will be served at The Graduate, an iconic Sheffield pub a short walk from The Crucible, with fans able to enjoy a new beer on tap while the World Championship comes to the city.

Midnite has partnered with London-based brewery Drop Project to bring the concept to life. Drop Project creates the freshest, premium flavoursome beers with consistent high-quality results, and pushes creative boundaries and brews the beers that both inspire their passions for the industry and our lifestyles.

A Midnite spokesperson, commented: “We have worked with Drop Project to bring fans a Midnite lager that they can enjoy throughout the whole tournament. We wanted to create something tangible that snooker fans can enjoy throughout, and to have been able to create our own beer is something we’re pleased with.

“The World Snooker Championship brings real excitement to the city, and fans can head straight from The Crucible, to The Graduate and enjoy a pint or two of our specially brewed lager, just for the occasion.”

Midnite is providing the beer free of charge – one free drink per person of Midnite Lager Only and for ticket holders to the Snooker World Championship (18+). Redeem by showing your matchday ticket at The Graduate. While stock lasts.

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