Last verified: August 3, 2026
On this page:The six casinosThe shutdownsThe companiesThe moneyCorrectionsFAQ
01 · The brands
One group, six casinos, one script
Sweepium is the collective name players and industry trackers gave to a family of six sweepstakes casinos that appeared through 2024 and 2025, ran the familiar two-coin format – a purchase currency with no cash value sold alongside a promotional coin that could, in principle, be converted back into money – and then disappeared in a single four-month stretch. The name comes from sweepium.fun, a site the group itself labelled a testing environment. It never took public players, never carried a closure notice, and on 14 July 2026 returns a Cloudflare 522 error: the proxy answers, the server behind it does not.
The six casinos proper, with what their own pages said about who owned and ran them:
Entity pairings are taken from each casino’s own archived footer, snapshot-dated on the individual brand records. Individual records for the six casinos are being published in sequence and each will be linked from this table as it goes live.
None of the six ever held a gambling licence anywhere; the sweepstakes structure exists precisely so that no licence is required. That matters for what follows, because when the group stopped paying, there was no regulator with revocation power standing behind the players.
02 · The shutdowns
United States – four months, six closures, one template
The deaths came in two waves. JuicyPopSlots went first, in August 2025, followed by GummyPlay in September. Then on 1 November 2025 the four surviving casinos – TurboStakes, OnPoint, Starlight and LuckyStars – each issued a shutdown notice on the same day, and all four closed on 16 November 2025.
Those four notices were the same document. Contemporaneous coverage, fullest in casino.com’s report of 15 November 2025, quoted them at length: each opened by announcing the casino was “permanently shutting down and discontinuing its services”, each gave players “fifteen calendar days” to redeem, and each used the group’s idiosyncratic internal currency codes – GCO and TICO at LuckyStars, SC and FICO at Starlight. Casino.com went one better and published a version of the notice still containing a literal “[sweeps casino name]” placeholder where the brand should have been: the boilerplate caught with its label showing. A transparency note on sourcing: the full notices were shown to logged-in players and were never captured by the Internet Archive, so every verbatim quotation of them, including the phrases above, rests on contemporaneous outlet quotation rather than an archive snapshot.
The templating did not stop at the notices. The pages the dead casinos left behind are also interchangeable – LuckyStars today shows a short farewell stating the site “is no longer supported” and its services “have been discontinued”, and the page archived at starlightcasino.com on 17 November 2025 says the same thing with the brand name swapped. At least one brand’s public homepage was still soliciting new sign-ups a week after its shutdown notice had gone out to existing customers; that finding, with its archive citation, sits on the LuckyStars record.
No notice named a cause. The autumn of 2025 was the peak of the state-law offensive against sweepstakes casinos – the wider context is documented on the closures tracker – but this group never cited a statute, a state, or a legal position. And whatever drove the decision to close, nothing in any law dictated the group’s redemption arithmetic: every notice held redemptions to a 100 SC minimum, which converted each account below the line to zero on deadline day. Players above the line reported filing redemptions that simply never arrived, at any brand, before or after the closures.
Is any of it coming back? One brand already has, wearing new paperwork. The TurboStakes domain returned to life in early 2026 as a fully operational sweepstakes casino under the Wyoming-registered Milky Way Entertainment LLC, which has no paper connection to anything else in this record, with no mention anywhere on the site of November 2025 or of the balances that vanished with it. That relaunch, checked live and dated, is treated in full on the TurboStakes record. Nothing else in the cluster shows any sign of revival: two domains are dead at the infrastructure level and the rest serve farewell pages.
03 · The entities
The paper companies behind the casinos
Every fact in this section comes from two kinds of primary source: the casinos’ own footers, as archived, and public company registers checked first-hand on 14 July 2026. It is the fullest corporate accounting of this group published anywhere, and it is also the section where the popular version of the story – “Sweepium went bankrupt” – stops surviving contact with the record.
Four shell owners, two operators, one boilerplate
The archived footers show a structure assembled from a kit. Each casino declared a dedicated intellectual-property owner for its brand, licensing it to an operating company, using the identical clause with only the names exchanged:
“The ‘GummyPlay’ brand is the intellectual property of MDP Media Group LTD and is used under licence by SWPMTECH LTD”
“The ‘JuicyPopSlots’ brand is the intellectual property of RED WOLF LTD and is used under licence by SWPMTECH LTD”
Quoted from each casino’s archived footer; snapshot dates are cited on the individual brand records. Starlight’s footer followed the same owner-plus-operator pattern with different companies: “owned by West Investments LLC and operated by SWPMSystem LLC”.
Count the companies and the lattice comes to at least seven: four brand-IP shells (Neptune Digital LTD, MDP Media Group LTD, RED WOLF LTD, West Investments LLC), two operators (SWPMTECH LTD in Cyprus and SWPMSystem LLC, which described itself in Starlight’s footer as “a company incorporated in the United States” with an address in Hilton Head, South Carolina), and a UK company examined below. Register searches on 14 July 2026 could not place any of the four IP shells: UK Companies House holds unrelated companies under similar names with no officer or address overlap with this group, and no filing connects any of them to Cyprus or the US operators. Their jurisdictions of incorporation remain unestablished; the footers are the only public evidence they exist. SWPMSystem LLC is likewise self-declared only – no register entry for it has been verified.
SWPMTECH LTD, Cyprus – active, relocated, re-officered
The main operating company is real and remains, on paper, alive. SWPMTECH LTD is Cyprus registration HE 470378, incorporated on 27 January 2025 – an oddity worth pausing on, since several of the casinos it operated were live before their operating company existed. Its footer address at the Limassol Chamber building matched the Cyprus registry mirror exactly when the casinos were running. Checked against two registry mirrors on 14 July 2026 (one carrying a data date of 10 July 2026), the company shows status Active with no liquidation or winding-up marker of any kind – and now lists a Nicosia address on Makariou III and a director named Andreas Papagianni, with Legarithm Cyprus Ltd as secretary. Registry mirrors summarise fee-gated official data, so the record treats those officer and address details as mirror-sourced observations rather than certified register fact; what they consistently show is a company that moved office and changed hands after its casinos died, and did not enter insolvency.
SWEEPIUM LTD, London – the group’s name on a UK register
One company in this story files in public. SWEEPIUM LTD, Companies House number 15061415, was incorporated on 9 August 2023 at a London registered office, and its connection to the casino group rests on two things: it carries the group’s name, and its boardroom traffic mirrors the personnel the trackers reported. Stefano Fregoni was its director from incorporation; Volodymyr Malakchi and Per Olof Ragnar Stromberg joined in July 2024 and left on 25 March 2025 and 8 August 2025 respectively. Companies House speaks only to this UK company – nothing in its filings names SWPMTECH, the casinos, or Cyprus, and its stated business is IT consultancy. This record does not treat it as the proven UK arm of the operation, only as the company sharing its name and its people.
What its public file shows is distress that never becomes insolvency:
Read as a sequence, the file describes a company that was rescued from strike-off with a token share allotment in the same week the first casino died, shed its long-standing directors in step with the closures, and was handed – board, ownership and control – to a single new individual six months after the last shutdown. Its accounts for the financial year in which every casino closed are now overdue. A late accounts filing is a compliance breach, not a bankruptcy; it is also, as of today, the only fresh distress marker on any register connected to this group.
The bankruptcy that is not on file
Industry coverage settled early on one word for this group: bankrupt. The public record does not currently contain it. In the UK, SWEEPIUM LTD’s file holds no insolvency, liquidation, administration or winding-up filing of any description – its only brush with dissolution was the strike-off notice discontinued within four days. In Cyprus, SWPMTECH LTD shows Active on every mirror checked, with full official detail sitting behind the registry’s fee wall and the insolvency publications not independently searchable from here. The claim may yet prove out in a filing nobody has surfaced; until one appears, CasinoGone reports it the only way the evidence allows: asserted in coverage, absent from both registers.
04 · The funds
The money that never came back
The group’s redemption design did most of the damage arithmetically. Every shutdown notice imposed a 100 SC minimum on final redemptions, so any account holding less – the bulk of casual players – had nothing it was permitted to claim and was zeroed when the deadline passed. Accounts over the threshold fared no better in practice: player reports across the cluster describe redemption requests submitted inside the notice window that were never processed, and support channels that stopped answering. No aggregate figure for the stranded total exists at any brand, and this page will carry one if a credible figure is ever published.
What works: the bank, not the operator. Gold Coin purchases paid by card or phone wallet funded a service the seller then withdrew, and that is dispute territory with your card issuer – raise it on that footing rather than as a gambling loss.
The window: US billing-error protection expires 60 days after the date of the statement carrying the purchase, which has already passed for every Sweepium charge; past it, complain to the CFPB about the issuing bank rather than abandoning the claim.
What builds the record: reporting the group to the FTC and to your state AG. Neither has produced an individual refund from these brands, but each filing puts the pattern on regulators’ desks, and a copy strengthens the case your bank sees.
What fails: anything that depends on the operators responding. SWPMTECH’s brands stopped answering before they stopped operating, and there has been no responsive company behind any of the six since November 2025.
For the staged playbook covering disputes, evidence and the courts, see what players of a closed sweeps casino can actually do.
Stranded balances attract a second wave of predators. The FBI’s IC3 alert I-062424-PSA (24 June 2024) documented fake law firms targeting scam victims, with over $9.9 million in reported losses in a single year, and IC3 stated in August 2025 that it never works with private recovery firms and never contacts victims asking for money. The FTC’s rule of thumb is absolute: any upfront fee to recover money is itself a scam.
- Red flags: upfront, processing, tax or release fees; guaranteed recovery; cold DMs; a move to Telegram or WhatsApp; payment by gift card, crypto or wire; impersonation of law firms or agencies.
- Report fraud free of charge at ReportFraud.ftc.gov and ic3.gov.
05 · The corrections
Three things the coverage keeps getting wrong
“The operator went bankrupt.” Repeated across trackers and review sites since late 2025, and unsupported by either public register as of 14 July 2026. The UK company’s only distress markers are a strike-off notice reversed in four days and accounts newly overdue; the Cyprus operator reads Active. Insolvency is a matter of record, and the record is empty.
“TurboStakes is a new casino.” App-store listings and 2026 reviews present the relaunched TurboStakes as a fresh brand, with the unhonoured November 2025 balances nowhere in the copy. The brand, domain and player-facing product are continuous with a casino in this cluster; only the company name behind it is new.
“Sweepium was one company.” Coverage writes about the group as a single firm. Its own footers say otherwise: at least four brand-holding shells and two operating companies in two countries, wired together by an identical licensing clause. Whoever drafted that structure kept every casino’s brand formally separate from the company that owed its players money.
06 · The questions
Questions about the Sweepium shutdowns
Q. Did Sweepium really go bankrupt?
That is what most coverage says, and no public register currently backs it. The UK company SWEEPIUM LTD has no insolvency filing of any kind, and the Cyprus operator SWPMTECH LTD showed Active status when checked on 14 July 2026. What is documented is six closed casinos and unpaid redemptions, not a bankruptcy.
Q. Which casinos belonged to the Sweepium group?
Six: JuicyPopSlots (closed August 2025), GummyPlay (September 2025), then LuckyStars and Starlight alongside OnPoint and TurboStakes, all closed on 16 November 2025 after notices issued together on 1 November. The sweepium.fun site itself was a testing environment, not a public casino.
Q. Is the relaunched TurboStakes run by the same people?
On paper, no: the 2026 site names a Wyoming company, Milky Way Entertainment LLC, with no documented link to SWPMTECH or SWPMSystem. In practice it is the same brand at the same domain, and the relaunched site is silent about the balances stranded when TurboStakes closed in November 2025. The full relaunch evidence sits on the TurboStakes record.
Q. Are Sweepium redemptions still possible?
No. The final redemption windows closed on 16 November 2025 at the latest, redemptions under 100 SC were never eligible at all, and no operator entity has responded to players since. The remaining route concerns your Gold Coin purchases rather than winnings: a billing dispute or CFPB complaint through your bank, as set out in the funds section above.
Q. What is SWEEPIUM LTD in London?
A UK-registered company sharing the group’s name and, historically, its reported directors. Its filings show a strike-off notice discontinued in July 2025, a complete change of director and ownership in May 2026, and accounts now overdue – but no insolvency, and nothing that formally ties it to the casinos. CasinoGone treats it as connected by name and personnel only.
✓ · The receipts
How we verified this record
Every claim on this page is graded by how firmly the record supports it. “Confirmed” means more than one independent source agrees, or we saw it ourselves. “Observed” means we checked it directly on the date shown. “Unconfirmed” means it rests on a single report we could not independently prove.