PrizePicks, a prominent daily fantasy sports operator, has agreed to cease its for-money contests in New York and pay nearly $15 million to the state’s gaming commission for operating without a license, according to a stipulation of settlement document obtained by ESPN.

The document, signed by representatives of PrizePicks and the New York State Gaming Commission (NYSGC), shows that the fantasy site was in violation of New York law for several years. The amount of the settlement is “based on the revenue PrizePicks generated through purported [interactive fantasy sports] contests from New York contestants” from June 4, 2019, through Dec. 19, 2023, and includes a penalty based on the number of days the purported contests were offered, according to the document.