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The Money Factory Review 2024

17 mins
Updated at: November 19th, 2024
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Expert Rating
  • I rate The Money Factory 4.3 out of 5 stars. It stands out as one of the top new sweepstakes casinos with over 1,000 games, a generous sign-up bonus, and solid payment options.

  • The games and bonuses rival those of popular, well-known social casinos. However, the VIP program could use improvement.

  • The Money Factory continues to enhance its features. Even now, it’s a strong option that I highly recommend.

The Money Factory Casino, launched in 2024 by The Money Factory LLC, is a top-rated sweepstakes platform.

It offers over 1,000 games, including slots, scratch cards, table games, and live dealer options.

This casino shines with a strong welcome bonus, featuring three Gold Coin purchase discounts.

It includes top slots from Hacksaw and Pragmatic Play, backed by reliable customer support.

Read my review of The Money Factory sweepstakes casino to learn more about its features and gameplay.

The Money Factory casino review & ratings

The Money Factory offers large bonuses, games from top providers, and simple payment options.

It performs well overall but could improve in user experience and customer support.

Here are my ratings for The Money Factory casino.

To see how we evaluate new sweeps casinos, view our detailed review process here.

Category

Rating

Bonus Offers

4/5

Games

5/5

User Experience

4/5

Rewards, Prizes & Loyalty Program

4/5

Payments

5/5

Safety & Security

5/5

Customer Support

4/5

The Money Factory pros & cons

Pros
  • Generous no-deposit bonus and a 3-part purchase discount pack
  • Wide game selection with 1,000+ slots, table games, and live dealer options
  • Backed by over 8 well-known software providers
  • Multiple payment methods with quick redemption times
  • Strong online reviews and positive reputation
Cons
  • No dedicated mobile app
  • Lacks a help center for support
  • Daily login bonus is not very rewarding

The Money Factory casino overview

Category

Details

Company Info

The Money Factory LLC, established The Money Factory in 2024

Website

https://www.themoneyfactory.com

Restricted States

Idaho, Louisiana, Michigan, Montana, Nevada, and Washington

Welcome Bonus

15,000 Gold Coins + 3 Sweeps Coins no-deposit bonus;

425% welcome boost on the first three purchases

Minimum Purchase

$7.99

Minimum Redemption

100 Sweeps Coins ($100)

Currencies

Gold Coins and Sweeps Coins

Software

Hacksaw Gaming, NetGaming, 3 Oaks Studios, Pragmatic Play, Evoplay, BGaming, Mr. Slotty, Spinoro, ICONIC21

Mobile app

N/A

Types of Games

Video slots, jackpots, feature spins, bonus buys, table games, instant wins, scratchcards, arcades, live dealer games

Number of games

1,000+

Average RTP

>96.5%

Customer Support

[email protected], live chat, social media support, FAQs

Payment Methods

Visa, Mastercard, Discover, American Express, Skrill, Apple Pay, Online Bank Transfers

Payout speed

Up to 2 days (Skrill), Up to 2 weeks (Bank Transfers)

What is The Money Factory casino & how does it work?

The Money Factory is a new sweepstakes casino run by The Money Factory LLC.

It operates with a dual-currency system: Gold Coins for free play and Sweeps Coins for prizes.

Each Sweeps Coin (SC) is worth $1 for redemption.

Once verified, you can redeem at least 20 SCs for gift cards or 100 SCs for cash.

To make SCs redeemable, wager them in games.

Gold Coins can be used for free play or to try games for fun.

Bonus offers: 4/5

Pros
  • Generous welcome bonus with three purchase offers
  • Excellent referral rewards program
  • Strong AMOE (Alternative Method of Entry) bonus
  • Regular promotions on social media
Cons
  • Below-average daily login bonus

The Money Factory focuses on quality rather than quantity when it comes to bonuses.

While it doesn't offer many unique promotions like mystery boxes or spin-the-wheel games, players can still enjoy valuable rewards.

These include a generous welcome bonus, a referral program with great perks, and an alternative entry bonus to boost your balance when needed.

Here’s how you can claim these offers.

Welcome bonus

The Money Factory offers a generous no-deposit bonus.

New users receive 15,000 Gold Coins and 3 Sweeps Coins after signing up.

This is above the industry average and provides a solid starting point for gameplay.

The casino’s welcome bonus stands out with its three-part first-purchase bonus.

Unlike most sweeps sites that provide a single discount, The Money Factory offers deals on your first three Gold Coin purchases, but only for eligible packs.

For the first purchase, you get a 300% bonus:

  • The $7.99 pack gives you 32,000 Gold Coins and 32 Sweeps Coins instead of the standard 8,000 GC and 8 SC.

  • The $19.99 pack includes 45,000 Gold Coins and 45 Sweeps Coins, up from 20,000 GC and 20 SC.

  • The $39.99 pack provides 70,000 Gold Coins and 70 Sweeps Coins, compared to the usual 30,000 GC and 30 SC.

The second bonus matches your deposit:

  • The $19.99 pack gives you 40,000 Gold Coins and 40 Sweeps Coins.

  • The $39.99 pack offers 60,000 Gold Coins and 60 Sweeps Coins.

The third bonus is a 25% boost on the $39.99 pack, giving you 50,000 Gold Coins and 50 Sweeps Coins.

Daily login bonus

The daily login bonus at The Money Factory gives players 1,000 Gold Coins and 0.2 Sweeps Coins every 24 hours.

Unlike other sweepstakes casinos that offer progressive bonuses, this amount does not increase over time.

This fixed bonus is a key reason why I rated The Money Factory's bonus system 4 out of 5.

Alternative method of entry

Players can also claim a bonus through a mail-in method.

By sending a handwritten request to Money Factory LLC at 8 The Green, Unit #17655, Dover, DE 19901, you can receive 3 Sweeps Coins for free.

Be sure to follow the specific instructions listed in the Sweeps Rules for writing your AMOE request.

Referral bonus

The Money Factory’s referral program stands out due to its tiered rewards system.

By sharing your unique referral link with friends, you activate the program when they register a new account.

  • First Milestone: When your referral spends $25 on Gold Coin bundles, you’ll earn 5,000 Gold Coins and 5 Sweeps Coins.

  • Second Milestone: If your referral spends $100, you’ll receive 20,000 Gold Coins and 20 Sweeps Coins.

  • Third Milestone: For high-spending referrals, once they purchase $1,200 worth of Gold Coin bundles (with no time limit), you’ll unlock 75,000 Gold Coins and 75 Sweeps Coins.

This system rewards players for both short-term and long-term referrals, making it ideal for casual players and those with high-roller friends.

Games: 5/5

Pros
  • Offers 1,000+ games from more than 8 software providers
  • Includes over 40 table games and live dealer options
  • Features a variety of arcade games, instant wins, and scratchcards
Cons
  • No significant drawbacks identified

The Money Factory features over 1,000 games across categories like slots, Megaways, bonus buys, feature spins, table games, arcade games, instant win games, and live dealer options.

The platform is backed by top slot providers, including Pragmatic and Hacksaw.

Explore to discover its most popular games.

Slots

This casino offers hundreds of slot games, including tumblers, Hold and Win, jackpots, video slots, and classics like Diamond Strike and Coin Up Hot Fire.

Popular titles from Pragmatic Play, such as The Dog House and Gates of Olympus, are among the top picks.

You’ll also find many options from leading providers like 3 Oaks, BGaming, and NetGaming.

Table games

The Money Factory stands out from typical sweepstakes sites by offering over 20 table games.

These include various versions of blackjack, poker, and roulette, as well as unique options like Andar Bahar.

Live dealers

Iconic 21 offers over 20 live dealer table games, including multiple versions of blackjack, baccarat, Sic Bo, and Teen Patti.

For beginners, Virtual Top Card—a classic Hi-Lo game—is highly recommended.

User experience: 4/5

Pros
  • Fully optimized for mobile browsing
  • Quick sign-up using Google or Apple authentication
  • User-friendly shortcuts and efficient filters
Cons
  • No dedicated mobile apps available
  • Certain menus feel difficult to navigate

The Money Factory sweepstakes casino offers a user-friendly experience despite its large size.

Clear filters make navigation simple.

Games are sorted into categories like slots, tables, and live dealer games.

You can track your recent gameplay under the “Recent” section and review your bets in “My Plays.”

The site runs smoothly on mobile devices, though it does not offer a dedicated mobile app.

Here’s a detailed breakdown of The Money Factory’s UX features:

Registration

Creating a new account is quick and simple.

If you start from scratch, it takes just a few minutes.

Enter your email address and set a password to get started.

For faster sign-up, use Google or Apple authentication.

Tap the Google or Apple icon below the sign-up form, and you're ready to join The Money Factory with a single tap.

Unlike most sweepstakes casinos, which usually offer Google and Facebook sign-in options, The Money Factory includes Apple for added convenience.

Verification

The verification process at The Money Factory is not as quick as at larger, more established sweepstakes casinos, but it remains straightforward.

Most steps involve sending the required documents to customer support via email.

It’s best to complete SMS and phone verification immediately after registering.

Without it, you won’t be able to view or use your Sweeps Coins.

The documents you need may vary.

According to the terms, you might be asked for one or more items.

In my case, I only had to verify my email and submit a government-issued photo ID.

Since I used a Visa card to buy Gold Coins, and most of my details were visible on the card, no additional documents were requested.

The Money Factory may also request proof of residential address, such as a utility bill or bank statement, and proof of payment method ownership, like a photocopy of your card or details from your Skrill wallet.

Lobby navigation

The Money Factory lobby is straightforward and easy to navigate.

It stands out by offering convenient features like filters and instant shortcuts, setting it apart from many other sweepstakes casinos.

The left sidebar provides quick access to essential features.

These include game categories, your profile, recent games, past wagers, purchases, redemptions, and your VIP status with current EXP points.

The main section showcases the available games.

If you don't use filters (like "Slots" or "Game Provider"), the lobby displays popular games from various genres.

You can browse more options using small arrow buttons to load additional games.

The Money Factory on Mobile

The Money Factory is a sweepstakes casino designed for mobile use, so it doesn’t require separate apps for iOS or Android.

To access it, simply open your mobile browser and go to themoneyfactory.com.

All 1,000+ games are mobile-friendly, letting you play seamlessly on any device.

I tested multiple games across categories on my PC, iPhone, iPad, and Samsung phone.

Loading times were consistent across platforms, and bugs were almost non-existent.

Current UI issues

The footer menus occasionally have a minor issue.

The T&Cs and RSG links sometimes glitch and load an empty page.

This issue is not consistent and may not appear every time.

If it happens, simply tap the link again to access the correct content.

Rewards, prizes, and loyalty program: 4/5

Pros
  • Features a 6-tier VIP program
  • Earn experience points as you play
  • Offers valuable rewards for leveling up
Cons
  • Lacks significant perks or exclusive benefits

The Money Factory offers a straightforward VIP program with six tiers, ranging from Nexus to Empire.

While players can earn valuable level-up rewards by progressing through the tiers, the program lacks ongoing benefits beyond the initial rewards.

This limitation impacted its overall rating.

However, the level-up rewards are substantial, providing a strong incentive to climb the ranks.

Since The Money Factory is a newer platform, it’s likely that additional features and perks will be added over time.

For now, here’s a look at the current rewards.

6 VIP tiers

The Money Factory VIP program features six levels: Nexus, Mint, Vault, Forge, Reserve, and Empire.

All new players start at the Nexus tier.

Currently, Nexus does not include any benefits.

It may eventually offer small perks, like 5% cashback, extra GC on purchases, or free spins, to encourage participation.

From the Mint tier onward, players must meet experience point (XP) requirements to unlock levels.

Each tier also includes a level-up bonus in Gold Coins (GC) and Sweeps Coins (SC).

  • Mint: Requires 5,000 XP and awards 10,000 GC + 10 SC.

  • Vault: Unlocks at 25,000 XP and provides 20,000 GC + 20 SC.

  • Forge: Requires 50,000 XP and rewards 30,000 GC + 30 SC.

  • Reserve: Needs 100,000 XP to unlock, granting 40,000 GC + 40 SC.

  • Empire: Begins at 250,000 XP and offers 50,000 GC + 50 SC.

This structure provides incentives for consistent play as players progress through the tiers.

Payments: 5/5

Pros
  • Supports seven payment options
  • Quick withdrawals with Skrill
  • Redeem gift cards with just 20 Sweeps Coins
  • High monthly redemption limits
Cons
  • The lowest-priced Gold Coin bundle costs $7.99

The Money Factory casino offers a near-perfect payment system, with one minor drawback: the lowest Gold Coin (GC) bundle costs $7.99.

This is higher than the average price, as many sites keep their bundles under $5, with some offering packs for as little as $1.

Despite this, the payment system earns 5 stars due to its strengths.

It supports a wide range of payment options, including credit cards, mobile wallets, e-wallets, and online bank transfers.

Additionally, redemptions are processed quickly, usually within 2 business days.

Here’s a closer look at how payments work at The Money Factory.

Purchasing Gold Coins

Purchasing Gold Coin (GC) packs is optional because players receive free coins through daily bonuses and the welcome bonus.

If players choose to buy more coins, they can use payment methods like Visa, Mastercard, Discover, American Express, Apple Pay, or Skrill.

There are no extra fees for purchases, and funds appear in your casino balance immediately after approval.

Below is an overview of the supported Gold Coin bundles:

Gold Coin Bundle Price

Gold Coins and free Sweeps Coins

$7.99

8,000 Gold Coins and 8 free Sweeps Coins

$9.99

10,000 Gold Coins and 10 free Sweeps Coins

$19.99

20,000 Gold Coins and 20 free Sweeps Coins

$499.99

500,000 Gold Coins and 500 free Sweeps Coins

There are three low-cost options and one designed for high rollers.

However, without the first-purchase bonus pack, you typically receive about 1,000 Gold Coins and 1 free Sweeps Coin for every $1 spent.

Redeeming Sweeps Coins

Redemptions are simple, but there are key steps to follow before hitting the "Redeem" button.

  • KYC Verification: You must complete the KYC process before submitting a redemption request. While you can start verification during your first redemption attempt, it’s better to do it early to avoid delays of up to one day.

  • Redemption Options: You can redeem Sweeps Coins for a $20 gift card or cash starting at $100. The daily limit is 10,000 Sweeps Coins ($10,000), but players in Florida and New York have a 5,000 Sweeps Coins limit. A monthly limit of 100,000 Sweeps Coins applies to all users.

  • Payment Methods: You can redeem through Skrill or online bank transfer. Skrill is faster, with processing times of about two business days. Bank transfers take longer, usually

Safety & security: 5/5

Pros
  • Strong SSL encryption for secure connections
  • Flexible tools for responsible gaming and access controls
  • Managed by a Delaware-based company
Cons
  • No significant issues identified

The Money Factory is quickly earning a strong reputation as a new sweepstakes casino, despite being active for only a few months.

It ranks among the best-rated sites in the category and has received positive recognition from the Better Business Bureau.

The casino is owned by The Money Factory LLC, which was founded in 2022.

In just two years, it has gathered over 1,000 reviews with very few complaints.

This track record is impressive for a site backed by a company with no prior experience in the iGaming industry.

When it comes to security, The Money Factory uses 256-bit SSL encryption to protect user data.

While it lacks advanced geofencing like some major competitors, it enforces mandatory KYC checks for prize redemptions and allows only individuals aged 18 and older to register.

The casino’s Responsible Gaming (RSG) tools stand out for their flexibility.

Players can access two key types of controls:

  • Access Controls: Players can take a break by setting a temporary lockout period during which they cannot access their accounts. After the lockout expires, access is automatically restored. Self-exclusion offers a longer-term option, including indefinite lockouts. Players can also request permanent account closure through customer support.

  • Limit Controls: Users can set purchase and wagering limits on a daily, weekly, or monthly basis. Once these limits are reached, the player cannot buy additional Gold Coin bundles or place wagers.

The casino also provides tips for responsible gaming and links to external resources, including Game Quitters’ self-assessment test and support groups like Gaming Addicts Anonymous.

These features make The Money Factory a secure and player-focused choice for those exploring the sweepstakes gaming space.

Customer support: 4/5

Pros
  • Live chat staffed by real agents
  • Responsive email support
  • Straightforward FAQs section
Cons
  • No dedicated help center
  • Customer service response time could be faster

The Money Factory offers decent customer support for a new platform but has room for improvement.

Here’s a breakdown of the options available:

  • Live Chat Support: Live chat is the fastest and most reliable way to get help. Real support agents handle queries, so there may be a short wait before your message is seen. Once connected, responses are quick and often immediate, depending on the complexity of your question. The staff is professional and friendly, making this the best option for urgent issues.

  • Email Support: Email is the second-best option for assistance. Replies typically take between 6 and 24 hours, depending on the urgency of your inquiry. You can reach them at [email protected]. While slower than live chat, email is useful for detailed or non-urgent questions.

  • FAQ Section: The FAQ section was added months after the site’s launch and feels incomplete. It currently explains how the platform works and clarifies that no purchases are needed to play. However, it lacks details on key topics like registration and account verification. Expanding this section could significantly improve its usefulness.

  • Social Media Support: The Money Factory’s support team is also accessible on platforms like Twitter, Instagram, Facebook, and Telegram. While these options provide flexibility, response times can vary depending on the platform.

  • Areas for Improvement: The site does not yet offer a dedicated help center, which limits the overall support experience. This omission is a major factor in rating their support system 4 out of 5 stars.

How does The Money Factory casino compare to others?

The Money Factory stands alongside top brands like Stake.us, WOW Vegas, and Pulsz in games, bonuses, and payment options.

Leading platforms may provide a wider selection from additional iGaming developers.

Use the table below to compare features and find the best fit.

Sweepstakes Casino

Welcome Bonus

Number of Games

Software Providers

Payment Options

The Money Factory casino

15,000 Gold Coins + 3 Sweeps Coins no-deposit bonus;

425% welcome boost on the first three purchases

1,000+

Hacksaw Gaming, NetGaming, 3 Oaks Studios, Pragmatic Play, Evoplay, BGaming, Mr. Slotty, Spinoro, ICONIC21

Visa, Mastercard, Discover, American Express, Skrill, Apple Pay, Online Bank Transfers

McLuck Casino

7,500 Gold Coins + 2.5 Sweeps Coins no-deposit bonus;

150% first-purchase bonus

900+

Playtech, Thunderkick, Rogue, Gaming Realms, Novomatic, Gaming Corps, Booming Games, Pragmatic Play, Ruby Play, BGaming, Evoplay, BetterLive, Playson, 3Oaks Gaming, Relax Gaming, Slotmill, 1x2 Network, Fantasma Games, Slotopia, Habanero, NetEnt, Spadegaming, Swintt

Visa, Mastercard, Apple Pay, Google Pay, Online Bank Transfer

Stake.us

250,000 Gold Coins + 25 Stake Cash no-deposit bonus

1,000+

AvatarUX, Backseat Gaming, Barbara Bang, BGaming, Evoplay, Fantasma Games, Mancala, Massive Studios, Octoplay, OneTouch, Peter & Sons, Platypus, Pragmatic Play, Rogue, Slotmill, Titan Gaming, Twist Gaming, Stake Originals

Bitcoin, Ethereum, Litecoin, Ripple, Dogecoin, Tether, Bitcoin Cash, Tron, EOS Token, Stellar, Cardano, Binance, Binance USD, Chainlink

WOW Vegas Casino

250,000 WC + 5 SC over three days;

1.5 million WC + 30 SC for $9.99 first-purchase bonus

1,200+

ReadyPlay Gaming, Gaming Realms, Fantasma Games, RubyPlay, S Gaming, 3 Oaks Gaming, Golden Rock, Rogue, Betsoft, Pragmatic Play, BGaming, Habanero, Spadegaming, NetGaming, Booming Games, Evoplay

Visa, Mastercard, Amex, Diners Club, Discover, JBC, Union Pay, Apple Pay, Google Pay, Skrill, Trustly

The Money Factory casino reviews

The Money Factory holds an "Excellent" rating of 4.7 out of 5 on Trustpilot.

Over 1,300 users have reviewed it, with 89% giving 5-star ratings.

Here’s one review that stood out to me:

Cory Dion Anderson said the following on the 14th of November 2024:

“I love playing on this platform, gameplay is always fair, and no lags or errors during play. Verification is quick and hassle-free.”

Date of experience: November 14, 2024
https://www.trustpilot.com/users/6243eee04c84240012769d5a
Cory Dion Anderson

Our expert verdict

The Money Factory is a top choice for both beginners and experienced players who enjoy Vegas-style slots, table games, and live dealer games.

It offers attractive bonuses, reliable customer support, and a mobile-friendly website.

This makes it a rising favorite among fans of social gaming.

FAQs

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Sources

Author

Tobi Amure
Tobi Opeyemi Amure brings a wealth of experience and expertise to NewSweepstakes.Casino, making him a trusted voice in the sweepstakes casino world. With over four years of hands-on experience playing, testing, and reviewing sweepstakes casinos, Tobi has developed a sharp eye for spotting top-notch platforms and uncovering the most rewarding offers. His deep knowledge of the industry stems from a career that spans online gambling, crypto casinos, and financial education. Currently, Tobi writes about real money online casinos at Scioto Valley Guardian and serves as a Crypto Casino Expert at Casino.org. His work draws on his prior experience at Investopedia, where he demystified crypto trends, and Watcher Guru, where he led as Editor-in-Chief in 2021. Across these roles, Tobi’s passion for blockchain technology and iGaming has driven his mission to educate players on the benefits of merging crypto with gambling, while also guiding them toward responsible gaming practices. A former crypto trader, Tobi’s unique background equips him with the analytical skills to evaluate platforms with precision. At NewSweepstakes.Casino, he continues his mission to help players navigate the exciting and evolving world of sweepstakes casinos, offering in-depth reviews and actionable insights. Whether you're looking for the best bonuses, a seamless user experience, or secure payment options, Tobi’s expertise ensures you'll find a platform tailored to your preferences.
Josh Miller
Josh Miller is a seasoned editor and writer with over five years of experience in the iGaming space. He specializes in creating compelling sports-related content, including football features and topics relating to sports betting. As an avid sweepstakes casino enthusiast, Josh has spent years playing, testing, and reviewing top social casinos to provide expert insights for players. Along with contributing to NewSweepstakes.Casino, his work has been featured in the football publication VAVEL and sports betting publication Sporting Post.