Pennsylvania Gaming Control Board Reports October Fantasy Sports Contests Revenue

Pennsylvania Gaming Control Board Reports October Fantasy Sports Contests Revenue

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

Fantasy adjusted revenue for October is $2,902,863 compared to adjusted revenue of $2,133,714 in September.

Tax revenue is derived through a 15% assessment on the adjusted revenue reported by the Fantasy Sports Contest Operators and is deposited into the Commonwealth General Fund. This resulted in tax revenue generated during October of $435,429. Seven of the Fantasy Sports Contest Operators reported tax revenue due.

Fantasy Sports revenue and tax revenue for each of the providers for October 2018 is displayed in the following table:

Fantasy Sports

Contest Provider

Oct. 2018 Fantasy 
Sports Contest 
Adjusted Revenue

Oct. 2018 State

Tax Due

DraftKings

$1,545,151.83

$231,772.78

FanDuel

$1,249,989.98

$187,498.50

Sportshub Technologies

$41,571.73

$6,235.76

DRAFT

$36,592.23

$5,488.83

Yahoo Fantasy Sports

$22,117.96

$3,317.69

Fantasy Draft

$5,979.67

$896.95

Boom Fantasy

$1,459.57

$218.94

Full Time Fantasy Sports

$0.00

$0.00

Fantasy Football Players Championship

$0.00

$0.00

Total

$2,902,862.97

$435,429.45

Source: Pennsylvania Gaming Control Board

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