With over 100 cease-and-desist orders issued to sweepstakes casinos from all states combined, it’s notable that not one of those orders has ever been challenged in court. By contrast, Kalshi has already sued 3 states over C&D orders.
BREAKING: New York Attorney General James Stops Online Sweepstakes Casinos Excepts from Press Release: 1) “Online sweepstakes casinos are illegal, dangerous, and can seriously ruin people’s finances,” said Attorney General James. “I thank the New York State Gaming Commission and Senator Addabbo for partnering with my office on this issue to protect New Yorkers.” 2) “New York Attorney General Letitia James today announced that her office has stopped online sweepstakes casinos operating in New York. The Office of the Attorney General (OAG), working with the New York State Gaming Commission, identified 26 online platforms offering players slots, table games, and sports betting using virtual coins that could be exchanged for cash and prizes.” 3) “Attorney General James sent cease and desist letters to the operators of these platforms, demanding that they stop all prohibited gambling activity in the state, and as a result, all 26 platforms are ending the sale of sweepstakes coins in New York.” 4) “As a result of the cease and desist letters sent by Attorney General James, the operators of the following sweepstakes casinos are ending the sale of sweepstakes coins in New York: Chanced Chumba DingDingDing Fliff Fortune Coins Fortune Wheelz Funrize FunzCity Global Poker Golden Hearts Games High 5 Casino Jackpota Luckyland McLuck Mega Bonanza NoLimitCoins Play Fame RealPrize Sidepot SpinBlitz Sportzino SweepSlots Sweeptastic TaoFortune Yay Casino Zula Casino” https://lnkd.in/dZMHS5M7