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I think comp points are considered cash, but i'm not completely sure. I was thinking i cashed out $100 on comp points last month but just now thinking it was a $2.60 in cashback bonus that i won off of. There was a playthrough on that, but i would think live chat should be able to tell you what comp points are considered as or at least tell you if there is a max cashout or playthrough.
Yes, if they have a max cashout of 25 then their cashier will let you withdraw 25... and go ahead - reinvest that 25 without max cahout and hit it big!