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A US model using two virtual currencies to avoid being a real-money casino. Eleven states passed statutory bans in 2025 and 2026, and several operators withdrew from those markets.
The play-only currency in a sweepstakes casino. It has no redemption value, which is the point.
The redeemable currency in a sweepstakes casino, given away rather than sold, and exchangeable for prizes once wagered.
The two-token structure underpinning sweepstakes casinos, and the specific feature that state legislation targeted in 2025 and 2026.
