Last verified: September 3, 2026
01 · The casino
What CoinFrenzy was
CoinFrenzy was a social sweepstakes casino for players in the United States. It worked the way most of these sites work. You got Gold Coins to play for fun. You also got Sweeps Coins, which are the coins you can turn into real money once you have enough of them. You could buy Gold Coin packs, and Sweeps Coins came free with those packs or through free entry methods.
The site was run by a company called Lucky Labz LLC. Earlier in 2026 the company put out a press release saying it was growing and adding new games. A few months later it said it was closing. That is a fast change, and it happened to a lot of sweepstakes sites in the same year.
CoinFrenzy was never a big name. It did not have the player numbers of the large brands. That is part of why it is closing. Small sites have found it hard to keep going while more and more US states pass laws against sweepstakes casinos.
02 · The shutdown
A slow close, not a sudden one
News of the closure came out on 12 August 2026, the same week another sweepstakes site, The Money Factory, shut down with almost no warning. CoinFrenzy chose a different way. It stopped selling coin packs but left the rest of the site running. Players were given until 25 September 2026 to play through what they had and cash out.
That is about six weeks of notice. For a sweepstakes casino, that is a long time. Many sites in 2026 gave players a week or less. Some gave no notice at all and just went dark.
No detailed reason was given for the closure. Reports at the time linked it to new state laws that ban or limit sweepstakes casinos. We have not seen a statement from Lucky Labz that explains the decision in its own words, so we cannot say for certain why the company chose to stop.
03 · The money
What to do if you still have coins on CoinFrenzy
If you have Sweeps Coins on CoinFrenzy, send a cash-out request as soon as you can. The site has said the last day is 25 September 2026. After that, we expect accounts to be locked and any coins left over to be lost. Do not assume you can cash out on the final day. Sites often get slow or stop taking requests near the end.
Check that your account is fully verified before you ask for a cash-out. Sites usually ask for photo ID and proof of address before they pay. If your details are not checked yet, do that first, because it can take days.
Keep a record of every request you send. Take a screenshot of your balance and of the cash-out confirmation. If a payment does not arrive, those screenshots are the only proof you will have.
04 · The receipts
How we verified this record
Every claim on this page is graded by how firmly we could check it. Confirmed means we saw it in the operator’s own notice or in a document that cannot easily be faked. Observed means we saw it ourselves on the live site or domain on the date given. Unconfirmed means it has been reported but we could not prove it.
05 · The questions
CoinFrenzy – the questions still open
Q. Is CoinFrenzy closing for good?
Yes. The site has said it will close on 25 September 2026. There has been no talk of a relaunch.
Q. Can I still play on CoinFrenzy?
Yes, until 25 September 2026. You cannot buy new coin packs, but you can play with what you have and cash out Sweeps Coins.
Q. How long do I have to cash out my Sweeps Coins?
Until 25 September 2026. We advise sending your request well before that, because sites often slow down in the final days.
Q. Who owns CoinFrenzy?
A company called Lucky Labz LLC. It has not named any other sweepstakes sites it runs.
Q. What happens to coins I do not cash out?
We expect them to be lost once the site closes. Sweepstakes sites do not normally pay out after their closing date.