- PrizePicks today announced its return to New York
- The company today relaunched its peer-to-peer daily fantasy sports contests in the Empire State
- The New York State Gaming Commission awarded PrizePicks an interactive fantasy sports operating license in October
New York, these streets will make PrizePicks daily fantasy sports contests feel brand new.
PrizePicks today announced a relaunch of its peer-to-peer daily fantasy sports contest in New York, bringing the games to the Empire State after receiving an interactive fantasy sports operating license this past October.
“Returning to New York is a testament to the state’s commitment to embracing innovative gaming products,” said Nick Zabriskie, SVP of Government Affairs, PrizePicks. “Players deserve a competitive landscape, allowing them to engage with their favorite contests in a regulated environment. We’re excited to bring our games back to sports fans who have eagerly been awaiting our return and to extend our footprint in the Empire State.”
When You Get Caught Between DFS and NYC
PrizePicks DFS games return to New York for the first time since the company shut down its paid contests in the state in February 2024. Following a legal settlement with the New York State Gaming Commission in 2024, PrizePicks worked with state gaming regulators to ensure its peer-to-peer contests were within New York’s fantasy sports requirements.
New York is the 16th state to ratify PrizePicks’ contests can be offered as games of skill under its fantasy sports laws.
Players across the state can now once again compete in the company’s leaderboard style fantasy sports games.
In the Works For Nearly Two Years
PrizePicks altered its New York contests in 2024 after the New York State Gaming Commission amended its daily fantasy sports rules to prohibit contests that mimic proposition bets. The criteria for DFS games are clear, as they prohibit any and all games that resemble proposition betting.
“These would include statutory standards as well as a requirement that contests shall not be based on proposition betting and shall not have the effect of mimicking proposition betting. Contests in which a contestant chooses whether an individual athlete or a single team will surpass an identified statistical achievement would be prohibited,” a paragraph of the approved rules reads.
The daily fantasy sports operator notified New York customers on Feb. 12, 2024, that its traditional pick’em paid contests would cease in the state on Wednesday, Feb. 14, at 11:59 p.m. P
Since the rule changes, PrizePicks only offered its free-to-play contests in the state.
Robert is an expert on sports betting in the United States, specifically the legalization process and regulation surrounding the industry.
