Daily Fantasy Sports
PrizePicks Announces Plans for New, Expanded Headquarters in Atlanta
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PrizePicks, the largest daily fantasy sports operator in North America, announced plans for its new 33,000 square foot Atlanta Headquarters, which will be located in the Star Metals Building in Midtown Atlanta. The company plans to grow its workforce by 1000 new jobs over the next seven years, the economic impact of which will be $25M to the state of Georgia.
âAtlanta has always been our home, where we are redefining mobile sports entertainment. This move to Star Metals will help us create more world-class, high-skilled and high-wage jobs in our great city while we deepen our connections across the community,â Adam Wexler, Co-founder and CEO of PrizePicks, said.
Star Metals is a pioneering mixed-use district in Atlantaâs thriving West Midtown neighborhood. This new development raises style and luxury to new heights along the Howell Mill Road corridor. Inspired by the history of West Midtown and its cultural resurgence, Star Metals is playing a key role in forging the future of an ever-evolving Atlanta.
âGeorgia continues to be a driver of tech growth and innovation, attracting innovative companies with its unique mix of talent and infrastructure. Todayâs announcement is a reminder of our strength in both welcoming new projects as well as creating an atmosphere where existing businesses can expand and thrive. I look forward to seeing the impact of these thousand jobs on the Atlanta community,â said Governor Brian Kemp.
âCongratulations to Adam Wexler and the team at PrizePicks for choosing Atlanta to expand their headquarters. Metro Atlanta has all the ingredients to help PrizePicks thrive, including diverse tech talent graduating from our leading colleges and universities, global connectivity through our airport, a large and engaged business community and a desirable quality of life,â said Katie Kirkpatrick, president and CEO of the Metro Atlanta Chamber.
Daily Fantasy Sports
DraftKings Becomes Official Partner of the WNBA
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DraftKings has become an official sports betting and daily fantasy partner of the WNBA.
DraftKings will receive rights to league and collecting team intellectual property, access to marketing, activation, and hospitality opportunities around tentpole WNBA events, and the ability to utilize official league data feeds to support the gameplay experience for fans.
Matt Kalish, president of DraftKings North America, touted the partnership with the WNBA as a way for the company to enhance the experience for its users and WNBA fans.
âThe WNBA has seen tremendous growth, which continues to be a bright spot in the sports world. We are proud to support the league in its efforts to continue expanding the game. It is a priority for us to deliver the most engaging WNBA content to DraftKingsâ platforms and through our collaboration with the WNBA this season, we will be able to enhance the experience for millions of our customers and WNBA fans,â Kalish said.
As part of the deal, DraftKings will receive media exposure across WNBAâs media platforms, including serving as a presenting partner of the âWNBA Postseason Push,â a new league content platform that will feature highlights, social integrations, and odds updates on the latest WNBA standings during the final two weeks of the season.
The partnership with the WNBA adds to DraftKingsâ basketball portfolio, as the company is also an official sports betting partner with the NBA.
âThe WNBA is growing and expanding across the board, and partnering with industry leaders like DraftKings enables us to offer WNBA fans additional ways to engage with their favorite teams and players, responsibly and with integrity. This opportunity for DraftKings to lean in with us to support womenâs sports will welcome more fans to the WNBA. Weâre looking forward to working alongside DraftKings to further enhance innovation and equity in womenâs sports,â Colie Edison, WNBA Chief Growth Officer, said.
Daily Fantasy Sports
Stokastic Welcomes Daniel Haight as New Chief Operating Officer
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Stokastic, the leader in sports betting and Daily Fantasy Sports (DFS) tools, content, and analytics, has appointed Daniel Haight as its Chief Operating Officer.
Haight joins Stokastic from Yahoo Sports, where he spent the last eight years building their paid gaming products ecosystem from the ground up, overseeing all operational aspects, including product development, business strategy, and P&L management. He spearheaded the successful launches of Yahoo Daily Fantasy, Yahoo Best Ball, and Yahoo Sportsbook. His strategic vision and innovative approach significantly boosted user growth and engagement, solidifying Yahooâs position as a powerhouse in the gaming industry. Haightâs extensive expertise in business operations and product development will be crucial in driving Stokastic to new heights.
âAdding Dan to our executive team is a game-changer. His unparalleled expertise and passion for DFS and sports betting align perfectly with our mission to deliver the ultimate experience for sports gamers. Haightâs deep understanding of the industry and his track record of driving growth and innovation make him the perfect fit for Stokastic as we continue to push boundaries and redefine whatâs possible,â Tom Kennedy, CEO of Stokastic, said.
âIâm thrilled to join Stokastic and be part of a team thatâs at the forefront of innovation in the DFS and sports betting space. Stokasticâs commitment to data-driven insights and creating unparalleled user experiences resonates with my own passion for the industry. Iâm excited to leverage my experience to help Stokastic continue to lead and innovate, ensuring our users have the best tools and experiences available,â Haight added.
Daily Fantasy Sports
PrizePicks Announces Responsible Gaming Collaboration with Kindbridge Behavioral Health
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PrizePicks, the largest daily fantasy sports operator in North America, and Kindbridge Behavioral Health, a pioneering mental health service provider dedicated to supporting individuals facing challenges related to problem gaming, announced a groundbreaking collaboration that will provide access to Kindbridgeâs top-tier clinical services at no initial cost to PrizePicks players and customer-facing employees. The program will support problem gaming prevention, treatment and recovery efforts.
âWe are proud to partner with Kindbridge and to be the first operator to cover program costs entirely, removing a significant barrier to access. Itâs essential that the fantasy sports industry invests and innovates in the area of responsible gaming. This initiative not only helps players and employees but also strengthens PrizePicksâ role in promoting social responsibility within the industry. By addressing both prevention and treatment, we are paving the way for a healthier gaming community,â Adam Wexler, Co-founder and CEO of PrizePicks, said.
PrizePicks will incur all initial costs of Kindbridgeâs comprehensive support services for its customer-facing employees and player community, setting a new benchmark in the DFS industry for responsible gaming and problem gaming support. Players on PrizePicks and customer support employees will have immediate access to an in-depth clinical assessment, clinical review and care plan development session, as well as access to educational and peer support groups.
âIt is inspiring to see a DFS operator actively providing essential care resources to their audience. Many individuals struggling with gaming-related health issues face significant financial barriers, even with insurance, which hinders their ability to follow a comprehensive care plan. This collaboration is a pivotal step toward eliminating these barriers, ensuring people can access the support they need, regardless of their financial situation,â Daniel Umfleet, Founder and CEO of Kindbridge Behavioral Health, said.
Phil Sherwood, Senior Director of Responsible Gaming at PrizePicks, said: âMany individuals face high out-of-pocket expenses for healthcare even with insurance, making it difficult to get the help they need. Partnering with Kindbridge allows us to help those individuals who wish to take preventative measures with a variety of world-class mental health services at no cost to them.â
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