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PrizePicks Appoints Marcus Sanford as Chief Financial Officer, Ari Koteles as Chief Business Officer

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PrizePicks, the largest daily fantasy sports operator in North America, announced the appointment of Marcus Sanford, former Chief Financial Officer of Blizzard Entertainment, as the company’s new Chief Financial Officer (CFO). Ari Koteles, who has served as PrizePicks’ CFO since 2021, has been named to the newly created role of Chief Business Officer.

“Since joining PrizePicks, I have been impressed by the exceptional talent and capabilities of our team. As we continue to scale our business, we see an opportunity to better harness our strengths and exceed player expectations with continued innovation and a renewed focus. Prior to joining PrizePicks, I worked closely with Marcus over the last 6 years scaling a multibillion-dollar gaming business, and I know that he will accelerate our growth ambitions,” said PrizePicks CEO Mike Ybarra.

Sanford said: “I am thrilled to join Mike and the talented team at PrizePicks. The company’s relentless commitment to innovation and focus on delivering the best, most differentiated products to players uniquely positions PrizePicks for accelerated growth.”

Sanford is a seasoned executive with more than 20 years of strategic planning, accounting, treasury, financial management, and operational experience. Most recently, he was CFO of Blizzard Entertainment, where he oversaw both finance and operations teams while continuing to serve as Deputy CFO to the parent company Activision Blizzard. Prior to Blizzard, he spent over a decade as a senior finance leader at Activision Blizzard leading corporate finance teams and playing a key role in transformational projects including the record setting sale of Activision Blizzard to Microsoft. Prior to his tenure at Activision Blizzard, Sanford held roles at Vivendi Universal Games.

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“There are exponentially more growth opportunities ahead of us and I’m thrilled to have Ari Koteles transition from CFO into the newly formed role of Chief Business Officer. The creation of this role will ensure that we are exceeding player expectations with differentiated and unique product offerings,” Ybarra added.

As Chief Business Officer (CBO), Koteles will be responsible for aligning business strategies with market opportunities, overseeing business development, managing partnerships, and ensuring the integration of business functions to drive growth and profitability. Koteles will report to CEO Mike Ybarra.

“Over the last 4 years, I’ve been fortunate to work with some of the most dedicated and passionate people in the industry. PrizePicks has a long history of leading product innovation in the DFS space and I look forward to further accelerating our growth as we explore new ways to expand our reach and engage with sports fans across the country,” Koteles said.

Compliance Updates

Booming Games’ premium content is now certified in Brazil

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Booming Games' premium content is now certified in Brazil

 

Booming Games has successfully obtained the required certification to operate in Brazil, fully complying with the regulations set by Brazil’s gambling regulator, the Secretariat of Evaluation, Planning, Energy, and Lottery (SECAP).

Booming Games became one of the first providers to get approval and be compliant. This milestone enables them to offer its wide array of gaming content to licensed operators in Brazil, allowing Brazilian players to dive into fan favourites like Burning Classics, Gold Gold Gold, TNT Bonanza 2, Cash Pig, Buffalo Hold and Win Extreme, and Ronaldinho Spins, enhancing their gaming experience.

Expanding into Brazil’s iGaming market represents a pivotal achievement for Booming Games, reinforcing its presence across Latin America and strengthening its position as a leading gaming content provider on the continent. Booming Games remains dedicated to delivering high-quality entertainment globally, with this Brazilian expansion highlighting its commitment to serving diverse gaming audiences worldwide.

Frederik Niehusen, Chief Commercial Officer at Booming Games, commented: “We’re excited to have achieved full certification in Brazil, marking an important step in strengthening our presence in this rapidly expanding market. We’re eager to build on this success, driving growth and bringing exceptional gaming experiences to players throughout Brazil. 2025 promises to be an exciting year, and we look forward to sharing more updates soon.”

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Gambling in the USA

Spin Your Way to Political Fun in Slotland and WinADay’s Race for Office MegaMatrix Slot

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The drama of the 2024 U.S. elections is here, and players can take advantage of extra bonuses to play Race for Office, Game of the Month.

Slotland and WinADay are bringing the excitement of the U.S. presidential election to life this month with the fan-favourite, Race for Office, packed with a wealth of bonuses.

Launched in 2020, Race for Office features a lively American theme with familiar political figures set against the U.S. Capitol. Updated for 2024, revamped to include Kamala Harris and Donald Trump with their running mates in a light-hearted style. With a 5-reel MegaMatrix setup and 15 paylines, players can bet anywhere from $0.60 to $30.

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As the Game of the Month on Slotland and WinADay, Race for Office will be featured with special Match bonuses—55% at Slotland and 44% at WinADay. Players using cryptocurrency can enjoy a 75% Match on Slotland deposits of $5 to $500, and a 66% Match on WinADay deposits of $40 to $200!

Keep spinning to unlock a lucky PICK ME round and boost your balance with some extra campaign cash! Players who hit three PICK ME scatters, the handshake, can enter a bonus game. By clicking on tiles in a 5×5 grid, players can level up to higher prizes, creating a race to collect winnings until they hit the coveted ‘COLLECT’ sign.

Players can also enter a random draw for a chance to win up to $300. Every 100 spins earns a ticket for the Monthly Contest, with winners announced by December 17, 2024. It’s the perfect incentive to keep spinning as the political season unfolds!

Michael Hilary, Casino Manager, says: “This November, join Slotland and WinADay in the Race for Office and experience the fun of politics like never before. Spin the reels, claim your bonuses, and who knows—you might just land a jackpot that’ll have you celebrating like it’s election night!”

View a video version of this story

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Race for Office Game of the Month Promo Details: slotland.eu/en/promotions#game-of-the-month and winadaycasino.eu/en/promotions

 

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Compliance Updates

Tennessee Sports Wagering Council Takes Action Against Illegal Sportsbook

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The Tennessee Sports Wagering Council through its executive director issued $50,000 in fines to Bovada.lv, an unlicensed and therefore illegal sportsbook operating in Tennessee.

Bovada failed to comply with cease and desist letters delivered to addresses in Curaçao, and Council investigators placed wagers through Bovada’s platform on three separate occasions, including as recently as October 16, 2024.

The Sports Gaming Act authorizes the Council to impose a $10,000 fine for the first offense of accepting wagers without a license, which rises to $15,000 for the second offense, and $25,000 for the third offense. Subsequent offenses may lead to the imposition of a $25,000 fine for each occurrence, an occurrence being a single wager accepted in Tennessee.

In the cease and desist letters, the Council ordered Bovada to allow all Tennessee users to withdraw any funds currently held by the unlicensed sportsbook.

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“The Sports Wagering Council recommends that Tennessee users of Bovada withdraw their funds immediately. Our primary role is the protection of the public interest through a safe, regulated environment, and Tennessee sports bettors need to know that just because they can access a sports betting website or app inside Tennessee’s borders does not mean it is licensed to do business here,” Mary Beth Thomas, Executive Director of Tennessee Sports Wagering Council, said.

Legal sportsbook operators provide important bettor protections not found in the illegal market. If an individual wagers with unlicensed sportsbooks, their sensitive financial and personal information may not be protected and could even be shared with criminal enterprises. The bettor’s money could be withheld or disappear without a way to recover it.

The SWC is working closely with its network of law enforcement at the state and federal level to eradicate illegal sportsbooks such as Bovada and others.

Tennessee is the largest “online-only” sports betting market in the US, with more than $4.7 billion wagered in Tennessee last fiscal year through online sportsbooks licensed by the Council.

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