Secures Licence Grants in Maine and Puerto Rico for PrizePicks
PrizePicks Expands Daily Fantasy Sports Operations to Puerto Rico and Maine
PrizePicks, a leading daily fantasy sports (DFS) operator, has recently secured gaming licenses in Puerto Rico and Maine, marking a significant expansion of its operations. This makes PrizePicks the first daily fantasy sports operator to be licensed in Puerto Rico, paving the way for its fantasy contests to launch there in the coming months. Players in Maine can already access the platform.
With this expansion, PrizePicks will operate in 47 U.S. jurisdictions, continuing its rapid growth as the largest DFS operator in North America. The company expresses its gratitude towards the Puerto Rico Gaming Commission and the Maine Gambling Control Unit for supporting the licensing process.
PrizePicks is committed to responsible gaming, having earned the iCAP accreditation from the National Council on Problem Gambling in 2025, the only fantasy sports operator to receive this accreditation. The company is headquartered in Atlanta, Georgia, and offers skill-based fantasy games via its app, available on iOS and Android.
Strategic moves supporting this growth include partnering with KLUTCH Sports Group for brand advisory and strengthening its legal compliance team for regulatory expansion.
The entry into Puerto Rico and Maine represents a major milestone, expanding PrizePicks' footprint and solidifying its position in the U.S. daily fantasy sports landscape. The gaming license in Maine gives players access to PrizePick's peer-to-peer fantasy sports game, Arena, which has seen significant engagement across the country.
Adam Packer, senior vice president of legal and compliance at PrizePicks, expresses gratitude to the Puerto Rico Gaming Commission and the Maine Gambling Control Unit for their support during the licensure process. He emphasizes the company's commitment to responsible gaming and its excitement about bringing Arena to new geographical markets.
The licenses obtained by PrizePicks expand its operational reach to include Puerto Rico and Maine. The gaming license in Puerto Rico allows PrizePicks to operate in the Caribbean Island, while the gaming license in Maine is for the operation of PrizePick's services in the state of Maine. The company is confident that the momentum from Arena will carry into the new jurisdictions of Puerto Rico and Maine.
The gaming licenses in Puerto Rico and Maine are expected to contribute to PrizePicks' revenue growth. The company sees this expansion as a significant step in its growth and expansion strategy.
Summary
| Aspect | Details | |-------------------------------|----------------------------------------------------------------------------------------------| | Licensing | Secured gaming licenses in Puerto Rico (first DFS operator licensed there) and Maine | | Operational status | Maine live now; Puerto Rico launching in coming months | | Market reach | Operating in 47 U.S. jurisdictions | | Responsible gaming | Holds iCAP accreditation from NCPG | | Strategic partnerships | Collaboration with KLUTCH Sports Group, legal-compliance team strengthened | | Headquarters | Atlanta, GA | | Platform availability | PrizePicks app on iOS and Android | | New markets | Entry into Puerto Rico and Maine geographical markets | | Engagement | Arena, PrizePicks' peer-to-peer fantasy sports game, has seen significant engagement across the country | | Revenue growth | Expected to contribute to PrizePicks' revenue growth |
Sports enthusiasts in Puerto Rico can look forward to participating in PrizePicks' daily fantasy sports contests as the company becomes the first daily fantasy sports operator to secure a gaming license in the region. Additionally, players in Maine are already enjoying immediate access to the platform.
