Pennsylvania Gaming Control Board reports August fantasy sports contests revenue

(PRESS RELEASE) -- The Pennsylvania Gaming Control Board today posted on its web site the August 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.

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 August totaled $943,620. Seven of the Fantasy Sports Contest operators reported tax revenue due.

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

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

DraftKings / $502,023.71 / $75,303.56

FanDuel / $424,487.40 / $63,673.11

DRAFT / $10,763.69 / $1,614.55

FantasyDraft / $3,847.78 / $577.17

Yahoo! Daily Fantasy Sports / $1,358.31 / $203.75

Boom Fantasy / $713.58 / $107.03

Sportshub Technologies / $425.75 / $63.86

Full Time Fantasy Sports / $0.00 / $0.00

Fantasy Football Players Championship / $0.00 / $0.00

Total / $943,620.22 / $141,543.03