Vegas Coins has officially shut down operations. When players try to access the platform, the following message appears:
“Vegas Coins has ceased operations as of November 28, 2025. We would like to thank you for being part of our community. If you have any questions please reach out to [email protected].”
Sweepsy reached out to Vegas Coins for an additional comment regarding its closure, but didn’t get a response.
Why did Vegas Coins leave sweepstakes industry?
Sweepstakes casinos are dealing with significant obstacles these days that make running a successful operation challenging. The biggest of course is California after Gov. Gavin Newsom outlawed sweepstakes casinos. Operators have until Jan. 1 to leave the Golden State. Vegas Coins is one of several brands that decided to make an early exit.
Patent company Vegas Coins Inc., however, took things a step further by closing up shop. Players were notified by email about the news before Nov. 28, citing “market conditions” as the reason behind the decision.
“Unfortunately the market conditions in the USA relating to Sweepstakes have made it very hard to operate and we were left with no other choice but to wind down operations,” was part of the email message.
New Jersey banned sweepstakes casinos over the summer. In New York, Senate Bill 5935, which would ban sweepstakes casinos, has reached Gov. Kathy Hochul’s desk. December 31, 2025, is the deadline. With California, New Jersey, and Michigan among the states on the outlawed list, and New York likely joining them, the potential sweepstakes casino customer base continues to shrink.
Sweepstakes casino closures becoming a 2025 trend
Vegas Coins was not the first sweepstakes brand to pack up and leave the industry this year. Bitsler.io and Starlight Casino also closed over the last month. They are both considered smaller sweeps casinos. Starlight Casino ended operations on Oct. 16, while Dec. 1 was the final day for Bitsler.io.
Vivaro.us has been closed for over two months. Like Vegas Coins, Vivaro said the decision was based on current market conditions. The company specifically cited “increasing regulatory uncertainty surrounding sweepstakes casinos in the United States.”
Others focused on leaving California
The majority of sweepstakes brands are staying in business. Getting out of California by Dec. 31, which is fast approaching, has been a top priority among several competitors. Many have already departed well ahead of the deadline. Those to already leave include Carnival Citi, Dara Casino, TheBoss.Casino, LuckySlot, High 5 Casino, CosmoSlots, Grand Vault Casino, Ruby Sweeps, and SweepsUSA.
Pulsz is making its Golden State exit on Dec. 15, while Stake.us is staying put until December 30.
Some sweepstakes casinos may stay in California by breaking away from the dual currency model. The popular McLuck Casino, which is one of six brands owned by B-Two Operations, is going with an alternative strategy by ending sweeps coins gameplay in California on Dec. 29. Players in the state will still be able to play using Gold Coins, which have no redeemable money value.
