Chips is a crypto casino that launched in 2022, operated by Notyarg Ltd out of Belize with an Anjouan gaming license. The setup is fine as far as offshore crypto casinos go, but Anjouan is not a jurisdiction that gives players much recourse if something goes wrong. Keep that in mind.
The welcome bonus: good match, annoying wagering
200% match up to $2K. 40x on your first deposit. That's a strong match percentage. The problem is the 40x wagering requirement on the bonus. On a $1,000 bonus that's $40,000 in wagering before you see a withdrawal. For context, Stake doesn't even have a traditional welcome bonus (they run reload promos instead), and Roobet has run bonuses with lower playthrough. Not saying 40x is a dealbreaker, but if you're chasing a bonus, know what you're getting into.
Games and providers
2000+ games from Pragmatic Play slots collection, Evolution Gaming live dealer tables, Hacksaw Gaming innovative slots, Nolimit City high-volatility games, {{name}} original games, Sports betting markets, Live casino game shows and about 25 other studios. Live dealer is handled by Evolution Gaming and Ezugi. There are also original provably fair games: Dice, Crash, and Roulette. These are the house-edge staples you'll find on most crypto casinos, but at least the provably fair mechanic lets you verify outcomes on-chain if you want to audit a session.
Sports betting is listed as a game type but details on the sportsbook depth aren't prominent in any documentation I've seen. Take that at face value until you can confirm it yourself.
The $CHIP token: interesting, speculative
This is the differentiator. Chips has its own $CHIP token. Holders get 50% of casino profits distributed quarterly. That's a real mechanism, not just a points system. Whether it's worth anything depends entirely on how much the casino earns, which is not information you have access to. It's speculative by design. If you're interested in crypto casino tokens as a category, Shuffle has a similar community-oriented model worth comparing.
Withdrawals and banking
Crypto withdrawals are listed as Instant. Minimum redemption is $5. No published maximum withdrawal cap, which is genuinely rare and one of the things I'd actually credit them for. The supported coins list is solid: BTC, ETH, SOL, XRP, LTC, USDT, USDC, BNB, TRX, SHIB, and DAI.
Fiat deposits via Visa, Mastercard, Apple Pay, and Google Pay are supported on deposit, but there's no clear documentation on fiat withdrawal paths. If you're depositing fiat, figure out your exit before you put money in.
The reputation problem
This is the part worth reading carefully.
BTCGOSU, which is one of the more credible third-party crypto casino review outlets, publicly terminated its relationship with Chips.gg. Their stated reason was that Chips engages in practices 'detrimental and unfair to players'. That's not a vague complaint. That's a specific public statement from a site that monitors player disputes.
Separately, there's a Reddit thread from a player claiming their payout was denied and account closed without explanation. One Reddit post is not proof of anything, but combined with the BTCGOSU fallout, it's not something I'd wave away.
Trustpilot sits at 4.0/5 from about 360 reviews. Positive reviews cite fast withdrawals and an active community. Negative reviews mention KYC confusion and account restrictions. That pattern is common enough in crypto casinos that it's not automatically alarming, but the BTCGOSU piece adds weight to the concern.
VIP and ongoing bonuses
Five VIP tiers (Flipper to Tycoon) with instant rakeback on all wagers, weekly and monthly bonuses, and a daily bonus based on your wager volume. The daily wager race is $1,000 per day, monthly race is $50,000. Those numbers are real for high-volume players. If you're a casual player putting in a few hundred a month, rakeback and races won't move the needle much.
Referral program also available: {{referral_bonus}}.
Who this is for
If you're a high-volume crypto player who wants a deep game catalog, instant withdrawals, and a token-based revenue-sharing model you find interesting, Chips has the pieces in place. The 40x wagering on the welcome bonus is annoying but not unique, and the crypto banking is genuinely fast by most accounts.
If you're newer to offshore crypto casinos or put a lot of weight on jurisdiction and third-party oversight, the Anjouan license and the BTCGOSU situation are reasons to look elsewhere first. A site like Stake operates at a different scale with more player visibility.
Either way: set a budget, know the wagering math on any bonus before you claim it, and don't keep a balance on-site that you can't afford to lose.
PLEASE DO NOT GAMBLE WITH MONEY THAT YOU CANNOT AFFORD TO LOSE. Gambling is not a money making method and you will lose in the long run.