Pennsylvania Gaming Control Board reports November fantasy sports contests revenue

DraftKings saw the highest Fantasy Sports Contest Adjusted Revenue, $1,174,327.61.

2018-12-19

Reading time 1:53 min

The state's regulatory body today posted on its website the November Fantasy Sports Contests Revenue Report.

Pennsylvania Gaming Control Board's 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.

Fantasy adjusted revenue for November was $3,241,161 compared to adjusted revenue of $2,902,863 in October.

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 November of $486,174. Seven of the Fantasy Sports Contest Operators reported tax revenue due.

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

Fantasy Sports Contest Provider	Fantasy Sports Contest Adjusted Revenue	State Tax Due
DraftKings	$1,174,327.61	$176,149.14
FanDuel	$948,838.89	$142,325.83
DRAFT	$19,659.38	$2,948.91
Boom Fantasy	$1,336.87	$200.53
Fantasy Draft	$1,088.58	$163.29
Sportshub Technologies	$270.49	$40.57
Full Time Fantasy Sports	$241.50	$36.23
Fantasy Football Players Championship	$0.00	$0.00
Yahoo Fantasy Sports	($12,049.35)	($1,807.40)
Total	$2,133,713.97	$320,057.10