Guide
Sweepstakes Casino Closures: 2025-2026 Tracker
A dated tracker of verified US sweepstakes casino closures in 2025-2026, with player deadlines for LuckyLand Slots, The Money Factory, and CoinFrenzy.
Key facts
- Filed
- Author
- Rae Clip
- Read time
- 5 min read
Last verified: August 15, 2026
Sweepstakes casino closures accelerated sharply through 2026. In the first half of August alone, The Money Factory shut down and CoinFrenzy announced a wind-down, while VGW's LuckyLand Slots - its closure announced on July 28, 2026 - passed the first of its wind-down deadlines.
The legal backdrop explains the timing. New York's sweepstakes ban took effect December 5, 2025. California's AB 831 was chaptered October 11, 2025 and became operative January 1, 2026. Tennessee's ban took effect on the governor's signature, May 22, 2026. Maine's LD 2007 became effective July 29, 2026, per the state's Gambling Control Unit. Louisiana's dual-currency ban, Act 182, took effect August 1, 2026, alongside a companion racketeering act. Oklahoma's SB 1589, enacted over a veto on May 14, 2026, makes operating or promoting sweepstakes casinos a felony effective November 1, 2026.
Operators rarely say why they are leaving - neither The Money Factory nor CoinFrenzy stated a reason. But the shrinking footprint is measurable: VGW now restricts play in 16 US jurisdictions, up from five at the end of 2024.
Closure Tracker
Entries run newest first by announcement date. Only closures we have verified against an operator notice, or press coverage carrying the operator's own statement, appear here. New entries are added to the top of the list as they are confirmed.
CoinFrenzy
- Status: Winding down
- Announced: The week of August 10, 2026. The exact day is unconfirmed - the operator's site was unreachable for direct verification, so the date rests on an August 10, 2026 report quoting the operator's notice.
- Key deadlines: New purchases stopped immediately at announcement. Players can log in to use or redeem eligible balances before September 25, 2026. Operations cease after September 25, 2026.
- What players should do: Redeem any eligible balance before September 25, 2026. Do not attempt new purchases.
- Source: Sweepsy, August 10, 2026
The Money Factory
- Status: Closed
- Announced: August 9, 2026, effective the same day, via a notice on the operator's own site: "The Money Factory has permanently ceased operations as of August 9, 2026."
- Key deadlines: None published. No new registrations, purchases, or gameplay are accepted.
- What players should do: The operator states that "All player accounts, balances, and pending redemption requests have been recorded and preserved" and that players with pending requests need take no action. Questions go to playershutdown@themoneyfactory.com. No payout timeline or procedure has been published; that remains an open question.
- Source: Operator shutdown notice
LuckyLand Slots (VGW)
- Status: Winding down in phases
- Announced: July 28, 2026, in a VGW statement: "after eight years of LuckyLand Slots... we have made the decision to close the brand."
- Key deadlines:
- August 3, 2026 - last day to buy Gold Coin packages; existing Gold Coins and Sweeps Coins remained usable after this date.
- August 24, 2026 - all gameplay ends. VGW's own wording frames this as the date it closes the brand.
- September 14, 2026 - final cutoff. All Sweeps Coins redemption requests must be submitted before September 14, 2026; after that, redemptions are disabled and account access is blocked permanently.
- What players should do: Submit any Sweeps Coins redemption requests before September 14, 2026. Balances cannot be transferred to Chumba Casino, Global Poker, or LuckyLand Casino. VGW confirmed those three brands continue operating, but it did not direct players to migrate to them. The redemption procedure itself - method, any minimum threshold, and what happens to balances below it after September 14 - has not been published anywhere we could verify. Confirm those specifics with LuckyLand support well before the deadline.
- Sources: CasinoBeats, July 28, 2026; Covers, August 11, 2026
LuckyStars, OnPoint Casino, and Turbo Stakes Casino
- Status: Closed
- Announced: November 11, 2025; closures effective November 16, 2025.
- What players should do: The wind-down concluded in November 2025; see the source for the details published at the time.
- Note: These three closures still surface in searches about the August 2026 wave. They date to November 2025 and are listed here in their correct position.
- Source: Deadspin, November 2025
If your sweepstakes casino announces a closure
- Stop buying coin packages. Purchases are usually the first thing cut off, and money spent after an announcement has less time to be played through.
- Read the dates carefully. Purchase cutoff, gameplay end, and redemption cutoff are often three different dates, as the LuckyLand Slots timeline shows.
- Redeem early. Do not wait for the final day - redemption requests can require identity verification, and support queues grow near deadlines.
- Save records. Screenshot your balances and any pending redemption requests, and keep confirmation emails.
- Use only the operator's official site and support channels. Verify any redemption instructions there rather than relying on third-party summaries.
About this tracker
Every entry above is checked against the operator's own notice where one exists. Only The Money Factory's closure could be verified that way; the LuckyLand Slots and CoinFrenzy timelines rest on trade press carrying quoted operator statements, because the operators' own pages were unreachable or carried no notice at the time of verification. A smaller brand's closure could be missing from the August 2026 window - no comprehensive industry index covered it - and we will append entries as they are confirmed. Eligibility rules, including minimum age, vary by operator and state.
Sources
- CasinoBeats - VGW announces LuckyLand Slots will shut down (July 28, 2026)
- Covers - LuckyLand Slots to shut down in North America (August 11, 2026)
- Covers - The Money Factory, CoinFrenzy join growing sweepstakes shutdowns (August 13, 2026)
- The Money Factory - operator shutdown notice
- Sweepsy - Well-known sweeps casino abruptly shuts down (August 10, 2026)
- CasinoBeats - Major sweepstakes casinos shut shop amid intense scrutiny in the US (August 12, 2026)
- Deadspin - Three sweepstakes casinos shut down operations (November 2025)
- Gaming America - VGW to shut down LuckyLand Slots amid US sweepstakes headwinds
- New York State Senate - S5935A bill text
- California Legislature - AB 831 chaptered text
- Tennessee Secretary of State - Public Chapter 1117
- Maine Gambling Control Unit - LD 2007 press release (July 29, 2026)
- Louisiana Legislature - HB 883 / Act 182 bill info
- Louisiana Legislature - HB 53 / Act 48 enrolled text
- Oklahoma Legislature - SB 1589 bill info
- Oklahoma Legislature - SB 1589 enrolled text
Cited sources
Outbound references used in this article.
- casinobeats.comThe Money Factory shut down and CoinFrenzy announced a wind-down
- casinobeats.comannounced on July 28, 2026
- nysenate.govtook effect December 5, 2025
- leginfo.legislature.ca.govchaptered October 11, 2025
- publications.tnsosfiles.comMay 22, 2026
- maine.govbecame effective July 29, 2026
- legis.la.govtook effect August 1, 2026
- legis.la.govcompanion racketeering act
- oklegislature.govon May 14, 2026
- oklegislature.goveffective November 1, 2026
- gamingamerica.comneither The Money Factory nor CoinFrenzy stated a reason
- sweepsy.coman August 10, 2026 report
- themoneyfactory.comvia a notice on the operator's own site
- covers.commust be submitted before September 14, 2026
- covers.comredemptions are disabled and account access is blocked permanently
- deadspin.comeffective November 16, 2025