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Pennsylvania Gaming Control Board reports June fantasy sports revenue

19 July 2018

(PRESS RELEASE) -- The Pennsylvania Gaming Control Board today posted on its website its second monthly 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 the tax revenue due to the Commonwealth and can be found at https://gamingcontrolboard.pa.gov.

Tax revenue is derived through a 15% assessment on adjusted revenue reported by the Fantasy Sports Contest operators, and is deposited into the Commonwealth General Fund. In total, tax revenue generated during June totaled $152,679.34. During the first two months of fantasy sports contest operators tax assessment, the Commonwealth will receive $352,435.28.

Seven of the fantasy sports contest operators reported tax revenue due.

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

Fantasy Sports Contest Provider — Fantasy Sports Contest Adjusted Revenue — State Tax Due
DraftKings
— $511,234.93 — $76,685.24
FanDuel — $490,038.78 — $73,505.82
DRAFT — $10,192.32 — $1,528.85
Fantasy Draft — $4,392.37 — $658.85
Sportshub Technologies — $1,570.69 — $235.60
Boom Fantasy — $639.93 — $95.99
Fastpick — $62.48 — $9.37
Full Time Fantasy Sports — $0.00 — $0.00
Fantasy Football Players Championship — $0.00 — $0.00
Yahoo Fantasy Sports — ($269.18) — ($40.38)
Total — $1,017,862.32 — $152,679.34

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