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Pennsylvania's October fantasy sports revenue

19 Nov 2018

(PRESS RELEASE) -- The Pennsylvania Gaming Control Board today posted on its web site the October 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 October is $2,902,863 compared to adjusted revenue of $2,133,714 in September.

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 October of $435,429. Seven of the Fantasy Sports Contest Operators reported tax revenue due.

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

Fantasy Sports Contest Provider -- October 2018 Fantasy Sports Contest Adjusted Revenue -- October 2018 State Tax Due

DraftKings -- $1,545,151.83 -- $231,772.78

FanDuel -- $1,249,989.98 -- $187,498.50

Sportshub Technologies -- $41,571.73 -- $6,235.76

DRAFT -- $36,592.23 -- $5,488.83

Yahoo! Daily Fantasy Sports -- $22,117.96 -- $3,317.69

Fantasy Draft -- $5,979.67 -- $896.95

Boom Fantasy -- $1,459.57 -- $218.94

Full Time Fantasy Sports -- $0.00 -- $0.00

Fantasy Football Players Championship -- $0.00 -- $0.00

Total -- $2,902,862.97 -- $435,429.45
 
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