CasinoCityTimes.com

Home
Gaming Strategy
Featured Stories
News
Newsletter
Legal News Financial News Casino Opening and Remodeling News Gaming Industry Executives Search News Subscribe
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
SEARCH NEWS:
Search Our Archive of Gaming Articles 
 

Fantasy Sports Contest July revenue from Pennsylvania Gaming Control Board

17 August 2018

(PRESS RELEASE) -- The Pennsylvania Gaming Control Board today posted on its website the July 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 online.

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 July totaled $131,728. Seven of the fantasy sports contest operators reported tax revenue due.

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

Fantasy Sports Contest Provider — Fantasy Sports Contest Adjusted Revenue — State Tax Due
DraftKings — $437,108.24 — $65,566.24
FanDuel — $427,451.31 — $64,117.70
DRAFT — $8,760.00 — $1,314.00
FantasyDraft — $1,737.19 — $260.58
Yahoo! Daily Fantasy Sports — $1,627.97 — $244.20
Sportshub Technologies — $1,236.16 — $185.42
Boom Fantasy — $264.06 — $39.61
Full Time Fantasy Sports — $0.00 — $0.00
Fantasy Football Players Championship — $0.00 — $0.00
Total — $878,184.93 — $131,727.75

< Gaming News

Fantasy Sports Contest July revenue from Pennsylvania Gaming Control Board is republished from Online.CasinoCity.com.