Sweepstakes Casino Revenue Drops $1B as Bans Mount Casino By lines June 9, 2026 Sweepstakes casino revenue in the United States is projected to reach $3.6 billion in 2026. Eilers and Krejcik Gaming had forecast $4.6 billion before state-level bans accelerated. The $1 billion gap reflects a market remapped by six state prohibitions in 2026. Twenty-four operators shut down all US operations in the past 18 months. Six Bans, 24 Closures, and 60 New Launches: What Is Happening to the Market California Assembly Bill 831 took effect on January 1, 2026. AB 831 removed roughly 20 percent of national sweepstakes casino revenue overnight. Indiana House Bill 1052 was signed on March 13, 2026, with an enforcement date of July 1, 2026. Maine, Tennessee, Louisiana, Iowa, and Oklahoma enacted bans or expanded enforcement authority by May 2026. New sweepstakes casino launches surged in the same period. More than 60 brands entered the US market in the first half of 2026. New operators include ThrillCoins, CoinsBack Casino, Grand Prize, Dorados, and Zonko. New platforms target the 40-plus states where sweepstakes casinos remain legal. The market is contracting at the revenue level while expanding at the brand count level. Virtual Gaming Worlds exited at least 12 US states between 2025 and 2026. Virtual Gaming Worlds owns Chumba Casino, LuckyLand Slots, and Global Poker. Virtual Gaming Worlds launched a new brand called Just Slots in early 2026. Just Slots operates without the dual-coin language cited in more than 100 active class action lawsuits. Blazesoft discontinued Sweeps Coin gameplay across its seven brands in Illinois on June 5, 2026. Acquisition spending has shifted as platforms adapt to the narrowing state map. Google barred sweepstakes casino brands from display and search ad certification in 2025. Meta narrowed targeting categories available to dual-coin operators in the same period. Major operators now prioritize loyalty programs, retention calendars, and player-education content over paid social acquisition. Related Casino Reviews Blazesoft Exits Illinois: Sweeps Coins End in 7 Brands Sweepstakes Casinos Face Bans and 100+ Lawsuits Best Sweepstakes Casinos in the US 2026 Revenue projections sourced from Eilers and Krejcik Gaming as reported by SCCG Management (May 22, 2026). Closure figures sourced from Sweepsy.com operator tracker.