My Technology Inc Review: Company Facts, Casinos and Legal Issues
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My Technology Inc operates as a Delaware corporation that jumped into the US sweepstakes casino space in 2023, backed by venture capital heavyweight firms like Dragonfly and Boxcars Ventures.
This Miami-based company runs MyPrize.us Casino, a dual-currency platform that sidesteps traditional gambling regulations through Gold Coins and Sweeps Cash mechanics.
GCs are used for entertainment play while SC can be redeemed for monetary rewards. This is a promotional online casino model that is legal in most parts of the US.
The company creates proprietary games through MyPrize Originals alongside partnerships with third-party studios, though their internal development arm stays fairly compact compared to the licensed content from providers like BGaming, Hacksaw Gaming and Evolution.
Although My Technology Inc. and its social sweepstakes casino comply with the promotional regulations in the US, they face legal trouble in California and Alabama, as researched by our experts at Sweepsio. Read on to find out more details.
My Technology Inc company info
Below you'll find key operational details about My Technology Inc.
| Company Information | Details |
|---|---|
| Owner |
My Technology Inc (Delaware corporation) Founded 2023 by Zach Bruch (CEO), Max Bruch, Paul Martin, James Seibel |
| Offices/Locations |
382 NE 191st Street #44358, Miami, FL 33179, USA Mail-in entries: 2810 N Church St PMB 549724, Wilmington, DE 19802-4447 |
| Licenses |
No traditional iGaming license for MyPrize.us (operates under U.S. sweepstakes law) MyPrize.com international site: Curaçao license 5536/JAZ (Clover Leaf B.V.) |
| Number of Employees | Around 10 employees |
| Financial Earnings (social + online casino) |
$38M raised in venture funding $250M valuation (July 2025) $100M+ annual revenue target $1.2B+ GMV run rate (2025) |
| Casinos Operated |
MyPrize.us (U.S. sweepstakes casino) MyPrize.com (international crypto casino via Clover Leaf B.V.) |
What are the My Technology Inc casinos?
My Technology Inc operates MyPrize.us Casino, their flagship sweepstakes platform targeting U.S. players through a no-purchase-necessary framework.
MyPrize.us Casino
MyPrize.us offers 1,017 games from 19 different software studios, including slots from NetEnt and Pragmatic Play, 46 live dealer experiences developed by ICONIC21 along with scratch cards.
You can access the platform legally across most U.S. states except locations like Idaho, Louisiana, Michigan, Montana, Washington and Nevada.
MyPrize.us casino runs on Gold Coins and Sweeps Cash, letting you redeem winnings through bank transfers or USD Coin after meeting the 100 SC minimum threshold.
By signing up you will receive 1,000 Gold Coins and a free prize wheel spin with varying amounts of free GC and SC.
Their Active Play feature lets you piggyback on streamers' wins, while the Experience Points ladder rewards consistent play with rakebacks paid in redeemable Sweeps Cash.
My Technology Inc lawsuits
Two federal class action lawsuits in California and Alabama currently target My Technology Inc's MyPrize.us operations.
The Mirzayan v. My Technology Inc case, filed August 29, 2025, in California's Northern District Court (Case No. 3:25-cv-07313), argues that MyPrize.us functions as an illegal online casino in CA rather than a legitimate social platform.
Raymond Mirzayan represents California players seeking restitution for gambling losses and an injunction to halt operations in the state.
The plaintiff's legal team points to Sweeps Cash redemptions as evidence of real-money gambling disguised as sweepstakes gaming, citing violations of California's Unfair Competition Law and gambling statutes.
Alabama resident Amy Hurst filed a parallel class action on September 12, 2025, in the Middle District of Alabama (Case No. 3:25-cv-00734). Hurst's complaint leverages Alabama's gambling loss recovery statute, which allows players to reclaim money lost through illegal gambling within six months.
The lawsuit characterizes MyPrize's playthrough requirements and 100 SC minimum redemption as mechanisms forcing continued gambling. Both cases remain active with no settlements or judgments yet reached.
Daniel Wallach (founder of Wallach Legal LLC), legal commentator, and the analytics firm Rain Intelligence regularly cite MyPrize and other sweepstakes platforms under scrutiny for whether dual-currency models violate gambling laws.
The company exited New Jersey preemptively before Assembly Bill 5447 took effect, though no state regulator has publicly issued cease-and-desist orders specifically naming My Technology Inc or MyPrize.us.