Leading daily fantasy sports (DFS) operator PrizePicks has achieved a new milestone with the issuance of operator licenses in Missouri and Delaware for its platform, Arena. Thanks to the latest approvals, DFS fans in 15 states can now participate in PrizePicks’ cutting-edge peer-to-peer fantasy sports competition, opening up new prospects.
Mike Ybarra, CEO of PrizePicks, expressed the company’s excitement: “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.” He also extended thanks to the Delaware Division of Gaming Enforcement, the Delaware Lottery, and the Missouri Gaming Commission for their cooperation in the approval process.
What Arena Offers to Fantasy Sports Fans
Arena, PrizePicks’ flagship DFS contest, lets users compete directly against one another. Players are grouped according to the number of entries, chosen entry fees, and experience levels, ensuring a balanced and enjoyable competition. The Arena platform offers a unique twist on traditional DFS, making it easier for fans to play against others in peer-based matchups rather than simply betting on player stats.
PrizePicks is actively expanding its reach, having recently secured licenses in New Hampshire, extending the company’s operational presence to 35 states as of August 2024. The company anticipates further growth, with plans to expand to 37 states soon. PrizePicks aims to provide players across the country with a fun and interactive experience, building on its solid growth and player demand.
PrizePicks’ Broader Goals in the DFS Market
In a recent interview with Gaming America, Ybarra discussed PrizePicks’ approach to DFS innovation and his background before joining the company. Ybarra’s experience has been instrumental in shaping the platform, driving user engagement, and leading PrizePicks to regulatory success across numerous states.
With Arena’s rapid expansion, PrizePicks is quickly becoming a dominant force in the DFS market. As the platform launches in Delaware and Missouri, PrizePicks expects further growth fueled by partnerships and the company’s player-centric approach.
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