Pennsylvania Gaming Control Board Reports December & 2018 Fantasy Contests Revenue

Pennsylvania Gaming Control Board Reports December & 2018 Fantasy Contests Revenue

HARRISBURG, PA — The Pennsylvania Gaming Control Board posted on its web site the December Fantasy Contests Revenue Report. The report provides a breakdown on fees collected from the play of Pennsylvania participants, Fantasy Contests Operators’ adjusted revenue, and tax revenue due to the Commonwealth. The report can be found at www.gamingcontrolboard.pa.gov.

Fantasy Contests adjusted revenue for December was $2,860,503 compared to adjusted revenue of $3,241,161 in November.

Tax revenue is derived through a 15% assessment on the adjusted revenue reported by the Fantasy Contests Operators and is deposited into the Commonwealth General Fund. This resulted in tax revenue generated during December of $429,075.51. Nine of the Fantasy Contests Operators reported tax revenue due.

Fantasy Contests revenue and tax revenue for each of the providers for December 2018 and for the calendar year 2018 is displayed in the following tables:

Fantasy

Contests Provider

Dec. 2018 Fantasy Contests Adjusted Revenue

Dec. 2018 State

Tax Due

DraftKings

$1,354,910.39

$203,236.56

FanDuel

$1,321,658.98

$198,248.85

Fantasy Football Players Championship

$137,188.28

$20,578.24

DRAFT

$67,121.23

$10,068.18

Sportshub Technologies

$47,776.94

$7,166.54

Full Time Fantasy Sports

$11,868.71

$1,780.31

Fantasy Draft

$8,035.97

$1,205.40

Boom Fantasy

$821.79

$123.27

Yahoo Fantasy Sports

($88,878.96)

($13,331.84)

Total

$2,860,503.33

$429,075.51

Fantasy

Contests Provider

Total 2018 Fantasy Contests Adjusted Revenue

Total 2018 State

Tax Due

DraftKings

$7,906,187.39

$1,185,928.12

FanDuel

$6,955,644.77

$1,043,346.72

DRAFT

$216,651.28

$32,497.68

Fantasy Football Players Championship

$137,188.28

$20,578.24

Sportshub Technologies

$95,739.63

$14,360.93

Fantasy Draft

$29,891.82

$4,483.78

Full Time Fantasy Sports

$12,110.21

$1,816.54

Boom Fantasy

$6,690.99

$1,003.65

Fastpick*

$381.49

$57.22

Yahoo Fantasy Sports

($50,870.75)

($7,630.61)

Total

$15,309,615.11

$2,296,442.27

Source: Pennsylvania Gaming Control Board
*No longer a Fantasy Contests provider in PA

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