PrizePicks Lands Landmark License: Prediction Market Shake-Up
Update: 2025-09-25
Description
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.
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