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PGCB announces DFS revenue for October

PGCB announces DFS revenue for OctoberReading Time: 1 minute

 

The Pennsylvania Gaming Control Board (PGCB) has announced the daily fantasy sports (DFS) revenue for October. Overall revenue is totalled US$2.9 million, about US$800k more than the adjusted revenue reported in September.

Tax revenue is derived through a 15 per cent 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 US$435k. Moreover, it was revealed that seven of the fantasy sports contest operators reported tax revenue due.

DraftKings posted the largest revenue with US$1.5 million, closely followed by FanDuel with US$1.2 million.


Source: Latest News on European Gaming Media Network

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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