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The Money Factory Shutdown Notice, and the Vegas Gems Claim That Did Not Hold Up
The Money Factory's own site confirms it ceased operations on August 9, 2026. We also checked Vegas Gems, CoinFrenzy and LuckyLand Slots. Here is what held up.
Key facts
- Filed
- Author
- Jordan Pace
- Read time
- 4 min read
We checked four sweepstakes brands against their own websites on August 19, 2026. One shutdown is documented in the operator's own words. The rest are not, at least not anywhere a player can see.
The Money Factory posted a real notice
The Money Factory's website now serves nothing but a notice to players. The heading reads "The Money Factory has ceased operations," and the text states that the brand "has permanently ceased operations as of August 9, 2026," adding that "No new registrations, purchases, or gameplay are being accepted" (themoneyfactory.com).
That is the whole site. No lobby, no login, no games.
What it says about balances and redemptions
On player money, the notice says: "All player accounts, balances, and pending redemption requests have been recorded and preserved." Players with pending requests, it says, "do not need to take any action" (themoneyfactory.com).
The company describes "an orderly wind-down" and gives playershutdown@themoneyfactory.com for questions or for a copy of account records. A separate line invites inquiries about "the acquisition of company assets, including the platform software" at a second address.
Note what the notice does not contain. There is no deadline for claiming a balance, no payment date, no schedule for the wind-down, and no named administrator. Players owed money have an email address and a promise of further updates, and nothing firmer than that.
A closed brand is still being advertised
A separate domain, moneyfactorycasino.com, is not the operator's site and still runs full promotional copy for the brand, including sign-up prompts and a welcome offer. Its "Recent Winners" panel listed entries dated August 16, 17 and 18, 2026, a week after the shutdown date on the operator's own page.
We are not linking to it. If you find a Money Factory sign-up page, assume it is stale marketing rather than a working account.
The Vegas Gems signal did not confirm
We also looked into a report that Vegas Gems' own page carries a shutdown notice. It does not, because there is no Vegas Gems page left to carry one. Both vegasgems.com and www.vegasgems.com return an HTTP 301 redirect to a third-party review site.
The shutdown language lives on that review page, not on anything the operator controls. It says "Vegas Gems has shut down" and "Vegas Gems ceased operations in 2025," and claims player balances were settled at closure. It carries the line "Last verified July 13, 2026" (casinossweeps.com).
That is an affiliate review site. It is not the operator, not a regulator, and not a filing. We found no operator notice, no closure date, and no official confirmation anywhere. The redirect is a strong hint that the brand is gone, but we are not reporting the 2025 closure or the balance settlement as fact on that basis.
Where CoinFrenzy and LuckyLand Slots stand today
CoinFrenzy is operating normally. Its lobby is live, and its Sweepstake Rules and Terms and Conditions, which name Lucky Labz LLC as the operator, contain no closure or wind-down language.
LuckyLand Slots is geo-restricted, and from outside eligible territory the site serves a page stating that "Only players in the United States (excluding the states of Connecticut, Delaware, Idaho, Louisiana, Michigan, Mississippi, Montana, Nevada, New Jersey, New York, Washington and West Virginia) are eligible to enter the Sweepstakes" (luckylandslots.com). Its help center lists no closure article, and VGW still lists LuckyLand Slots among its brands.
We have reported closing dates for both brands before. Neither date appears on any operator page we can currently reach, so we are holding off on restating them until we can point at the operator's own wording.
How to check a closure yourself
Start at the operator's root domain. A genuine wind-down replaces the site, the way The Money Factory's did. Then check whether the domain still belongs to the operator at all: a redirect to a review site suggests the brand is finished, but it tells you nothing about your balance.
Be careful with claims sourced to review sites. A page can say a casino shut down, and be right, without any of the detail that matters to someone holding an unredeemed balance.
One more thing worth repeating: entry ages are set by each operator, not by a single industry rule. LuckyLand Slots' footer states 21+, while CoinFrenzy's states 18+.
Sources
Cited sources
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