Who Owns PrizePicks?
Updated onExplore the ownership hierarchy of PrizePicks. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
PrizePicks
PrizePicks is a U.S.-based daily fantasy sports and sports picks platform that lets users make real-money over/under and pick'em-style predictions on players, teams, and cultural events.
Starts at $0
PrizePicks appears to be independent with no known parent company.
PrizePicks
PrizePicks is a U.S.-based daily fantasy sports and sports picks platform that lets users make real-money over/under and pick'em-style predictions on players, teams, and cultural events.
Starts at $0
PrizePicks appears to be independent with no known parent company.
Major Shareholders
PrizePicks
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Allwyn International AG European lottery‑led gaming group that entered a definitive agreement on September 22, 2025 to acquire approximately 62.3% of PrizePicks (SidePrize LLC) for about $1.6 billion in cash, implying an enterprise value of around $2.5 billion. The deal is expected to close in the first half of 2026, subject to regulatory and other customary conditions; upon completion Allwyn will be the controlling shareholder of PrizePicks. | Corporate | 62.3% | 62.3% | Sep 2025 |
Adam Wexler Co‑founder of SidePrize LLC (doing business as PrizePicks) and long‑time chief executive who transitioned to executive chairman in 2024. Company materials and press reports identify him as a founder and continuing leader, and note that the remaining 37.7% of equity after Allwyn’s planned 62.3% acquisition will be held by the existing leadership team, which includes Wexler; this indicates he is expected to retain a significant but undisclosed minority stake. | Founder | — | — | Sep 2025 |
Jay Deuskar Technical co‑founder of SidePrize LLC / PrizePicks and current chief technology officer. Public profiles and company disclosures list him as a co‑founder alongside Adam Wexler, and Allwyn’s transaction materials state that the non‑Allwyn minority interest (37.7%) will remain with the existing leadership team, which includes Deuskar, though no individual ownership percentage has been publicly broken out. | Founder | — | — | Sep 2025 |
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