RegulationCasinoBeats · 3h ago
Major Sweepstakes Casinos Shut Shop Amid Intense Scrutiny in U.S.
By Ryan Gladwin•August 12, 2026
The brief
Two major sweepstakes casinos, The Money Factory and CoinFrenzy, have suddenly shut shop as United States lawmakers intensify scrutiny of the industry. It comes as dozens of sweepstakes casinos have similarly shuttered over the past 12 months, thanks to multiple states passing laws that prohibit the unregulated platfo…
Original report
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