What is PrizePicks?
PrizePicks is a daily fantasy sports (DFS) platform that allows users to compete against each other by picking the winners of multiple sporting events. The company was founded in 2017 and is headquartered in Las Vegas, Nevada. PrizePicks is currently available in 18 states, including Michigan.
Why Was PrizePicks Banned in Michigan?
In March 2022, the Michigan Gaming Control Board (MGCB) banned PrizePicks from operating in the state. The MGCB cited a provision in Michigan law that prohibits any company from offering “any game of chance†that is not specifically authorized by the state. The MGCB argued that PrizePicks’ contests constitute gambling because they involve an element of chance. PrizePicks has challenged the MGCB’s ban in court. The company argues that its contests are not gambling because they are based on skill, not chance. PrizePicks also argues that the MGCB’s ban violates the First Amendment right to free speech. The case is still pending, and it is not clear how the courts will ultimately rule. However, the ban has put a significant damper on PrizePicks’ business in Michigan.
What Does the PrizePicks Ban Mean for Michigan Residents?
The PrizePicks ban means that Michigan residents are no longer able to use the platform to compete in daily fantasy contests. This could be a significant inconvenience for some Michigan residents who were regular users of PrizePicks. However, there are still a number of other DFS platforms that are available in Michigan.
What Are the Alternatives to PrizePicks in Michigan?
There are a number of other DFS platforms that are available in Michigan. Some of the most popular options include:
- DraftKings
- FanDuel
- Yahoo! Sports Fantasy
- Monkey Knife Fight
- Underdog Fantasy
These platforms all offer a variety of different contests, so Michigan residents should be able to find one that meets their needs.
What Should Michigan Residents Do if They Want to Play Daily Fantasy Sports?
Michigan residents who want to play daily fantasy sports should choose a platform that is licensed and regulated by the state. This will ensure that they are protected by the state’s gaming laws. The following platforms are all licensed and regulated by the MGCB:
- DraftKings
- FanDuel
- Yahoo! Sports Fantasy
Conclusion
The PrizePicks ban is a significant setback for the company, but it does not mean that Michigan residents are no longer able to play daily fantasy sports. There are a number of other platforms that are available in the state, and Michigan residents should be able to find one that meets their needs. Here are some additional resources that you may find helpful:
- Michigan Gaming Control Board
- DraftKings
- FanDuel
- Yahoo! Sports Fantasy
- Monkey Knife Fight
- Underdog Fantasy
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