PrizePicks Expands with Fantasy Sports Licenses in Delaware and Missouri

Missouri. With these new licenses, PrizePicks plans to launch its innovative peer-to-peer fantasy sports contest, Arena, in these two states. This brings the total number of states where Arena is now available to 15, further cementing the company’s position in the growing fantasy sports market.

Expansion with Arena’s Success

Arena, which offers a unique leaderboard-style experience, allows participants to compete against each other for prizes. Players are grouped according to various factors, including the number of entries, their entry fees, and experience levels. Since its launch in January 2024, Arena has seen significant success, with more than 20 million peer-to-peer lineups created.

According to CEO Mike Ybarra, the platform’s approval in every state where it has been submitted speaks to its growing popularity. “We are proud that Arena has been approved in every state where it has been submitted. We’ve seen strong player adoption to date, and we look forward to replicating our success in these new markets with a fun gaming experience,” Ybarra said.

PrizePicks expressed its gratitude to the Delaware Division of Gaming Enforcement, the Delaware Lottery, and the Missouri Gaming Commission for their collaboration in securing these licenses. This development follows the company’s commitment to expanding its footprint across the U.S., having already gained licenses in several other jurisdictions.

Continuing Commitment to Responsible Gaming

As PrizePicks expands into new markets, the company remains dedicated to promoting responsible gaming. Ensuring player safety and security is a top priority for the operator. Ybarra emphasized this commitment, noting that responsible gaming is central to the company’s ethos. For more information on the responsible gaming tools offered by PrizePicks, players can visit the official website, which provides extensive resources and .

PrizePicks’ expansion efforts have not only brought the Arena platform to 15 states but have also solidified the operator’s presence in 44 jurisdictions across the U.S. This steady growth is expected to continue, with the company actively seeking licenses in additional regions. Recent approvals in states like New Hampshire, where PrizePicks was granted an operating license in August 2024, are part of the company’s strategy to reach even more players across the country.

Looking Forward

PrizePicks’ CEO, Mike Ybarra, has been instrumental in the company’s ongoing success. Since assuming the role in August 2024, Ybarra has leveraged his previous experience with Blizzard Entertainment to drive growth in the fantasy sports space. Under his leadership, PrizePicks has continued to innovate and expand, with further state approvals anticipated in the near future. Currently, the operator is on track to increase its footprint to 37 states by the end of 2024, continuing its efforts to dominate the daily fantasy sports market.

With its Arena platform thriving and new markets opening up, PrizePicks remains committed to delivering a dynamic, engaging, and responsible gaming experience for fantasy sports enthusiasts across the U.S.

Source:

PrizePicks Awarded Fantasy Sports Licenses in Delaware and Missouri, prnewswire.com, October 24, 2024.