PrizePicks Lands New York DFS License (Casino.org)

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Operator’s peer-to-peer model helps it reenter New York Not clear if PrizePicks is eyeing a sports betting license in the state Daily fantasy sports (DFS) operator PrizePicks said today it won approval to reenter New York, promising to launch peer-to-peer DFS games in the fourth-largest state in the coming weeks. A PrizePicks logo. The company won a DFS license allowing it to reenter New York. (Image: Sporting News) Following a $15 million settlement with the New York State Gaming Commission (NYSGC) for operating in the state without a gaming license, PrizePicks left New York in February 2024. Since then, the Atlanta-based company worked with New York regulators on a plan to legitimately reenter the state. PrizePicks worked closely with state gaming regulators to ensure that its new peer-to-peer contests comply with New York’s strict fantasy sports requirements that were expanded by the Commission in 2023. New York becomes the 16th jurisdiction to formally ratify that PrizePicks’ contests can be offered…Read MoreCategory: DFS, Mid-Atlantic, Regional News, Regulation, mid-Atlantic, regional news, regulationSource: Casino.org

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