New York attorney general orders 26 sweepstakes casinos to cease operations
New York Attorney General Letitia James issued cease-and-desist letters to 26 online sweepstakes casino operators over games using virtual coins redeemable for cash or prizes, according to the report. The attorney general’s office said the model may violate state gambling law; the report says the operators named in the letters are ending sales of sweepstakes coins in New York.
The cease-and-desist letters challenge the virtual-coin model, and affected operators are ending coin sales in New York.