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PrizePicks, the leading sports entertainment operator in North America, has announced a multi-year partnership with Polymarket, the world’s largest prediction market, to power a new federally regulated predictions market offering within the PrizePicks app.

The agreement enables PrizePicks users to access Polymarket’s event contracts across sports, entertainment, and cultural moments, expanding the ways fans can interact with real-world events through a secure, CFTC-compliant framework.

Partnership Overview

PrizePicks will integrate Polymarket’s event-contract infrastructure into its platform, allowing fans to engage with live prediction markets from a single, familiar app. This collaboration comes as Polymarket prepares for its anticipated re-entry into the U.S. market, bolstered by recent regulatory and investment milestones.

“As the No. 1 daily fantasy sports operator in the U.S., PrizePicks is thrilled to partner with Polymarket, a trailblazer in the prediction space, to open up new experiences for our millions of existing members and introduce our platform to millions of new customers,” said Mike Ybarra, CEO of PrizePicks. “By entering the U.S. predictions market, PrizePicks will create greater competition, drive innovation and deliver even more value directly to members.”

For Polymarket, the collaboration represents a strategic step toward bringing its prediction platform to a mainstream U.S. audience.

“PrizePicks has built one of the nation’s most exciting sports communities, and we are excited to help bring prediction markets into that world,” said Shayne Coplan, Founder and CEO of Polymarket.

Regulatory Context and Milestones

• PrizePicks Registration: The company recently became the first and only sports entertainment operator to be registered as a Futures Commission Merchant (FCM) with the National Futures Association (NFA). This registration allows PrizePicks to offer CFTC-permitted derivatives contracts in partnership with federally regulated exchanges such as Polymarket.
• Polymarket Expansion: Polymarket’s recent momentum includes a strategic investment of up to $2 billion from Intercontinental Exchange (ICE) and the acquisition of QCEX, a CFTC-licensed exchange and clearinghouse. These details are explicitly stated in the press release and confirm Polymarket’s regulatory trajectory.

Together, these moves ensure that both companies’ prediction market products will operate within a federally supervised financial structure, distinguishing them from traditional sportsbook wagering or fantasy contests.

Impact on the Betting Industry

The partnership represents a first-of-its-kind bridge between daily fantasy sports and federally regulated prediction markets. By working under CFTC oversight, PrizePicks and Polymarket are framing event contracts as financial instruments rather than gambling wagers – an important legal and regulatory distinction.

For bettors, that means an opportunity to speculate on factual outcomes, such as game results, award winners, or entertainment events, within a framework designed for transparency and compliance.

For the broader industry, this move signals an emerging convergence between sports entertainment, fintech, and derivatives regulation, potentially encouraging other fantasy and betting operators to explore similar federally compliant models.

No launch date has been announced, but the companies describe the new offering as “soon-to-launch.” Once active, users will be able to access Polymarket’s prediction markets through the PrizePicks app, enabling seamless access to a range of event contracts beyond traditional fantasy contests.

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