Game Types
Bonuses
Slots
More
Online Casinos Poker Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Live Dealers
Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions Edit Preferences Search

Pennsylvania launches fantasy sports contests

1 May 2018

(PRESS RELEASE) -- The Pennsylvania Gaming Control Board announced today that oversight on the play of Fantasy Sports Contests in the Commonwealth began over the weekend, the first official roll-out of new forms of gaming made legal through gaming expansion legislation.

PGCB Executive Director Kevin O’Toole says that the agency has received Fantasy Sports Operator applications from:
· StarStreet, LLC d/b/a DRAFT
· JDAD, LLC d/b/a FFPC: Fantasy Football Players Championship
· Fanduel PA LLC d/b/a Fanduel
· Crown PA DFS Inc. d/b/a DraftKings Inc.
· Boom Shakalaka Inc. d/b/a Boom Fantasy
· Fastpick.com d/b/a www.fastpick.com

Under the gaming expansion law, Pennsylvanians who are at least 18 years of age can legally participate in Fantasy Sports Contests with the above operators.

“This rollout also marks the beginning for Pennsylvania to create new revenue through the taxation of entry fees from players registered in Pennsylvania to participate in fantasy sports contests,” O’Toole says. “Pennsylvania residents that enter Fantasy Sports Contests can know that they are participating in a fair playing environment and assured that each licensed operator meets standards set out in the law and regulated by the Gaming Control Board.”

Beginning Saturday, 28 April, the Commonwealth began applying a 15% tax on the adjusted revenues which are paid monthly to the Pennsylvania Department of Revenue for use in the General Fund.

“Pennsylvanians who already participate in Fantasy Sports Contests with any of these firms will see no difference in game play nor need to re-register,” O’Toole says. “The Gaming Control Board urges, however, that players review the eligibility guidelines on the websites of these Fantasy Sports Contest operators prior to attempting to participate in play.”
 
About Us | Advertising | Publications | Land Casinos