PrizePicks Adapts to Michigan Ban with Free-to-Play Fantasy Sports
Date: 2023-11-14 Author: Dima Zakharov Categories: EVENTS
Adapting to Change:
PrizePicks, the renowned daily fantasy sports company, is bouncing back in Michigan after the state outlawed its pay-to-play product. The company's swift response introduces a free-to-play spin, keeping the excitement alive for fans.
How It Works:
The free-to-play format allows users to parlay between two and six players over/unders, providing a daily allocation of 1,000 PrizePoints. The top 100 players with 1,001 credits or more stand a chance to win cash prizes ranging from $2 to $250. This innovative approach ensures daily entertainment for participants at no cost while rewarding top performers.
Brian Huss's Insight:
Brian Huss, PrizePicks' VP of Innovation, expressed optimism about the new release, emphasizing its role in familiarizing more players with the company's offerings. This move marks the introduction of new game types, broadening PrizePicks' appeal to sports fans unfamiliar with the platform.
Michigan's Stance on Fantasy Sports:
PrizePicks: A Regional Leader:
As the largest skill-based daily fantasy sports company in North America, PrizePicks has earned accolades such as Fantasy Sports Business of the Year and Fantasy/DFS Operator of the Year. Despite regulatory challenges, the platform continues to engage fans with its unique and enjoyable approach to daily fantasy sports.
Michigan's Ban and the Gaming Control Board:
The launch of PrizePicks' latest game follows Michigan's decision to ban fantasy contests, citing similarities to betting. The Michigan Gaming Control Board is yet to comment on PrizePicks' new free-to-play product, leaving the future regulatory landscape uncertain.
National Crackdown on Fantasy Sports:
Michigan is not alone in its scrutiny of fantasy sports. In September, the Florida Gaming Control Commission issued cease-and-desist letters to several operators, including PrizePicks. Notably, industry giants DraftKings and FanDuel escaped similar actions, sparking debates about regulatory consistency.
