PrizePicks has officially re-launched its peer-to-peer fantasy sports contests in New York, having been granted an interactive fantasy sports license by the New York State Gaming Commission in October 2025.
"Returning to New York is a testament to the state's commitment to embracing innovative gaming products," PrizePicks SVP of Government Affairs Nick Zabriskie said.
"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."
PrizePicks appointed Zabriskie as its new SVP of Public Affairs on December 2, where he began to oversee national government affairs and advocacy efforts for the sports betting operator.
PrizePicks had previously decided to suspend its New York operations in 2024 after receiving a cease-and-desist letter from the Gaming Commission. The operator eventually reached agreement on a legal settlement with the New York State Gaming Commission for close to $15m.
New York represents the 16th state across the US to formally ratify PrizePicks’ fantasy contests as games of skill under its fantasy sports regulations, as customers will be able to compete in leaderboard-style games within the Empire State.
The New York State Gaming Commission had amended its DFS rules to prohibit any contests which mimic proposition bet offerings, leading PrizePicks to alter its New York product into peer-to-peer style contests.
Shortly after PrizePicks was awarded the interactive fantasy sports license in October 2025, Global Gaming Insider explored the operator’s strategic potential in New York, as well as where the operator may look to expand next.
New York Attorney General Letitia James issued a consumer alert to warn residents of the potential harms regarding ‘unreliable and unsafe’ prediction markets and unlicensed sports wagering on February 3
