LuckyStake announced in a series of emails to customers in early August 2026 that it will shut down operations within the next couple of weeks. The online sweepstakes casino also announced a short time frame for winding down operations.
Players with an account at LuckyStake or who once had an account at SweepNext should wind down play soon. Eligible Sweeps Coins prize redemptions end in less than two weeks, though LuckyStake left the door open for processing later requests.
The news should interest players at either LuckyStake or SweepNext, because the two sweepstakes casino sites’ businesses are intertwined. SweepNext launched in May 2025, but announced it would shut down on June 1, 2026.
LuckyStake also launched in mid-2025, but when SweepNext began winding down operations, all of its player accounts were mass-migrated to LuckyStake. Therefore, one-time SweepNext players have only been on the new site for less than 3 months.
Players should take note of several important dates that will soon be here:
After the deadlines, players still interested in online sweepstakes casino play should look to other alternatives, such as Crown Coins, High5, Hello Millions, Stake.us, or other popular sites that may be available in their state.
The minimum redemption requirement for Sweeps Coins at LuckyStrike varies depending on the redemption method. Players who cannot redeem their Sweeps Coins using a bank transfer should use prepaid, payout, or gift cards.
Redemption also requires a 1x playthrough requirement on SC, so players should meet the rollover before requesting a redemption. Account verification (KYC) is also required.
ElevateTech Ltd, the owner of both LuckyStake and SweepNext, is the one that announced the plan to customers. Anyone receiving an email from the company should open and respond if they wish to redeem their Sweeps Coins in time.
ElevateTech is an international iGaming and tech provider out of Limassol, Cyprus. It began operations on October 24, 2024, in preparation for the launch of LuckyStake.
The site boasted games from top European operators like Novomatic, Platipus, and Relax Gaming. In all, it had over 1,000 sweepstakes casino games from a variety of providers, including RedRake, RubyPlay, and Iconic21.
In most ways, the LuckyStake site looked like a standard sweepstakes casino site: no purchase required to play, a VIP Club, daily rewards, and quests that offered instant prizes. Given the recent mass migration from SweepNext to LuckyStake, the site seemed to have a healthy future.
Around the time LuckyStake launched, a separate corporate entity, Boostora Ltd, launched SweepNext. Both platforms had a similar appearance and set of games, which is standard for the online sweepstakes industry.
In 2025, ElevateTech took control of SweepStake’s operations with plans to migrate all players to its own site. In June 2025, ElevateTech established an associated U.S.-based payment processor, which is based out of Delaware.
Luckystake’s demise is not the only notable closure of an online sweepstakes casino site this month. LuckyLand Slots, a more famous and successful sweepstakes site, is in the process of its own closure.
In the case of LuckyLand Slots, the parent company VGW is migrating players to newer sites better equipped to handle the current environment in the sweepstakes industry: LuckyLand Casino and Just Slots.
