November fantasy sports revenue for Pennsylvania

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

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 November 2018 is displayed in the following table:

Fantasy Sports Contest Provider/November 2018 Fantasy Sports Contest Adjusted Revenue/November 2018 State/Tax Due

DraftKings/$1,749,422.06/$262,413.31

FanDuel/$1,420,165.49/$213,024.82

DRAFT/$46,570.08/$6,985.51

Yahoo! Daily Fantasy Sports/$20,792.03/$3,118.80

FantasyDraft/$2,310.40/$346.56

Sportshub Technologies/$1,297.20/$194.58

Boom Fantasy/$603.77/$90.57

Full Time Fantasy Sports/$0.00/$0.00

Fantasy Football Players Championship/$0.00/$0.00

Total/$3,241,161.03/$486,174.15