The SGLA has expressed its frustration with the decision, but thanked lawmakers who have tried to regulate the issue rather than resort to an outright ban
On March 12, Gov. Mike Braun of Indiana signed House Bill 1052 into law. This is a sweeping piece of legislation that will now eliminate any games that are based on the dual-currency model, or sweepstakes, which allows participants to play with a mock currency but then trade it in for real cash or rewards.
The new law will come into effect on July 1, 2026, and it will outlaw such business models, with sweepstakes operators criticizing the decision and calling it a break from well-established historic precedent.
The Social Gaming Leadership Alliance (SGLA) has expressed frustration with the decision, but also acknowledged that, despite the outcome, there were lawmakers who had tried to engage in a constructive dialogue and shift the focus away from a complete ban to regulation, which could have benefited the state more, the association said…