Independently owned Daily Fantasy Sports (DFS) operator PrizePicks has confirmed its licensing and expansion into the state of Alabama. It marks the 31st jurisdiction in which the DFS game is available and allows PrizePicks to serve more than 60% of the US population, including Top 10 markets like Georgia, Florida, Texas and California.
That footprint is in stark contrast to the 25% of the US population and 15 states which have legalized and implemented online sports betting to date.
PrizePicks is also the only DFS operator which offers DFS prop action on college athletes, something fans of the University of Alabama can experience this week as the SEC regular season and tournament champion Crimson Tide open the NCAA men’s basketball tournament as the East Region’s second seed against Iona.
New PrizePicks customers can take advantage of an attractive first-time depositor offer of a 100% instant deposit match.
“We consider our headquarters in Atlanta and our in-depth knowledge of the Southern United States to be part of our competitive advantage,” said CEO Adam Wexler. “Our brand is uniquely positioned to be a major player in the most populous region of the country as it moves towards full betting legalization in the coming years and expanding into Alabama is a big part of that.”
As a fantasy operator, the firm is able to offer college sports fans action on both college football and college basketball, which rank as the Nos. 3 and 4 markets, respectively, on PrizePicks. With the South home to dominant college conferences like the SEC and ACC, the popularity of these sports on PrizePicks fits seamlessly with the company’s geographic footprint and strategy.
In the coming year, the operator plans to pursue licensing in Tennessee, Louisiana and Mississippi, the only states from the region lacking from its existing Southern footprint. The Southern United States accounts for 38% and more than 120 million total residents. By comparison the West, the next biggest region, accounts for approximately 75 million residents.
PrizePicks has also established partnerships with a wide variety of professional brands and athletes rooted in the South. These include Major League Baseball’s Atlanta Braves – Alabama has long been considered part of “Braves Country” – and Miami Marlins to former Falcons star Michael Vick and Braves legend Andruw Jones as well as Atlanta’s biggest esports franchise, Ghost Gaming.