PrizePicks Lands Landmark License: Prediction Market Shake-Up

PrizePicks just made history! They're the first sports entertainment company to snag a Futures Commission Merchant license, opening the door to prediction markets and a potential $95 billion industry. Fresh off a $1.6 billion acquisition by lottery giant Allwyn, PrizePicks is poised to shake up the betting world beyond their classic pick 'em games. Will they become a major player against prediction market heavyweights like Kalshi and Polymarket? All eyes are on PrizePicks as they prepare to unveil their next move in this booming market. Hosted on Acast. See acast.com/privacy for more information.