Summary
The New York Attorney General, Letitia James, has taken significant action against online sweepstakes casinos operating illegally in the state. Partnering with the New York State Gaming Commission, her office has identified and sent cease and desist letters to 26 online platforms that offered casino-style games using virtual coins that could be exchanged for cash. These operations violate New York law, which prohibits gambling involving anything of value, including coins redeemable for cash and prizes.
With no regulatory oversight, these online casinos pose a risk to players, as there are no guarantees that the games are fair or secure. As a result of the cease and desist orders, these platforms must stop all illegal activities in New York.
Key Points
- The Attorney General identified 26 online platforms operating illegally, offering slots, table games, and sports betting.
- New York law prohibits gambling that involves risking anything of value, including virtual coins for cash.
- Online sweepstakes casinos lack the necessary regulatory oversight, increasing risks for players.
- Attorney General James and state officials highlight the dangers of these platforms and their potential to lead to problem gambling, particularly among minors.
- The following platforms are ceasing sales of sweepstakes coins in New York: Chanced, Chumba, DingDingDing, Fliff, Fortune Coins, and many more.
Why should I read this?
If you’re in New York and into online gaming, this article is a must-read! It sheds light on a significant crackdown on illegal online gambling platforms that could be putting your finances and personal information at risk. Stay informed and protect yourself from unregulated games that aren’t just dodgy—they’re downright dangerous!