Fantasy Sports
Pennsylvania Gaming Control Board Reports August Monthly Fantasy Sports Contests Revenue
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. The report can be found at www.gamingcontrolboard.pa.gov.
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 |
State Tax Due |
DraftKings |
$502,023.71 |
$75,303.56 |
FanDuel |
$424,487.40 |
$63,673.11 |
DRAFT |
$10,763.69 |
$1,614.55 |
Fantasy Draft |
$3,847.78 |
$577.17 |
Yahoo 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 |
About the Pennsylvania Gaming Control Board:
The Pennsylvania Gaming Control Board is tasked to oversee all aspects of the state’s casino industry, along with oversight of new gaming initiatives created through amendments to the Race Horse Development and Gaming Act recently approved by the signing of Act 42 of 2017.
The Commonwealth’s casino industry currently consists of 10 stand-alone and racetrack casinos in operation, along with the two smaller resort casinos. These facilities collectively employ 17,000 people and annually generate approximately $1.4 billion in tax revenue from slot machine and table games play. The largest portion of that money is used for property tax reduction to all Pennsylvania homeowners.
Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.
Source: Pennsylvania Gaming Control Board
Fantasy Sports
EFL and Genius Sports Launch First-ever 72-club Fantasy Football Game
The EFL, in partnership with Genius Sports, has officially launched “Fantasy EFL,” the League’s first-ever 72-club fantasy football game to involve all Member Clubs across the three Sky Bet EFL divisions.
First teased at the 2023/24 Sky Bet EFL Play-Off Finals, Fantasy EFL will be an innovative platform to unify fans of EFL Clubs, fantasy football players, plus the wider football community to play and engage with almost 2000 EFL first-team players, more than 1600 Sky Bet EFL fixtures and all 72 Clubs during the twists and turns of a season.
Available on web, and as a brand-new app for iOS and Android users, Fantasy EFL is free to play and allows participants to become Managers every gameweek of the Sky Bet EFL.
EFL Chief Executive Trevor Birch said: “We’re very excited to bring the EFL’s first fantasy football game to life as a central product that engages not only with supporters of all 72 EFL Clubs, but also the wider football audience. We’ve interrogated research into what fans would want out of an EFL fantasy football game and been strategic on providing a product that isn’t just a copy of what is already in the market.
“Fantasy EFL is a premium product that enhances the EFL brand and opens further opportunities with our broadcasters and commercial partners. Alongside Genius Sports, Fantasy EFL appeals to both the avid and casual fan and will expand the rising interest in the Sky Bet EFL, our Clubs and their players beyond fans who attend matches and those who watch along at home.”
Genius Sports Chief Partnerships Officer, Steven Burton, said: “Fantasy EFL is unique, interactive, and fun and Genius Sports is delighted to deliver this exciting new game for the EFL and its Member Clubs.
“This new game will test fans’ knowledge of both teams and individual players while providing them with a platform to compete with their friends and family every week.”
Fantasy Sports
GameOn Live Fantasy Set to Launch for Euro 2024, Powered by the $GAME Token
Fantasy sports gaming company GameOn has announced that its fantasy app, GameOn Live Fantasy, is set to launch ahead of the start of the UEFA European Football Championship 2024 (Euro 2024) on 14 June. This marks a significant milestone in bringing fans closer to their favourite athletes, teams, and leagues through immersive fantasy sports experiences.
GameOn Live Fantasy will initially launch in beta format. The beta period will be used to gather community feedback and refine the product before the full launch. A massive prize pool worth over $200,000 will be up for grabs, including $GAME tokens, VIP experiences, signed merchandise and game tickets.
GameOn Live Fantasy is powered by the $GAME token, which recently launched on KuCoin, Gate and MEXC in collaboration with Sportsology.
Post-beta, GameOn Live Fantasy is scheduled to fully launch for the upcoming LALIGA season in August. This will include player avatar packs that are scheduled for July, allowing fans to own, trade and play with digital representations of their favourite athletes. Player avatars not only enhance the gaming experience but also boost points during matches, with higher rarities providing better rewards. Fans will also use $GAME to buy player avatar packs, power up their players, redeem exclusive rewards and vote on new products and features.
“GameOn Live Fantasy will change the way we play, headlined by true asset ownership, unified rewards, and interoperability between leagues. Powered by $GAME, GameOn is built on web3 in a context fans are familiar with. We’re leveling up fantasy sports while onboarding the masses to blockchain,” Matt Bailey, CEO at GameOn, said.
Asia
Jade Group Expands its Presence Across Asia as Jade Fantasy Cricket Hits Sri Lanka
Sri Lanka’s cricket fervor has reached new heights with the launch of Jade Fantasy Cricket, an innovative platform that promises cricket enthusiasts an exhilarating experience like never before. Breaking barriers and setting new standards, Jade Fantasy Cricket brings the thrill of the game to the fingertips of millions across the island nation.
Gone are the days of merely cheering from the stands or living vicariously through televised matches. Now, ardent fans can immerse themselves in the world of cricket like never before, thanks to the revolutionary Jade Fantasy Cricket platform.
With just a few clicks on the website or the user-friendly Jade Fantasy Android Application, cricket aficionados can now craft their dream teams, strategize their plays, and compete against fellow enthusiasts for exciting cash prizes. It’s a game-changer for those who eat, sleep and breathe cricket.
“Jade Fantasy Cricket is not just another gaming platform; it’s a celebration of the sport that unites us all. We wanted to bring the thrill of cricket closer to home, allowing fans to engage with the game in ways they never thought possible,” Mr. Joe Pisano, CEO of Jade Group, said.
What sets Jade Fantasy Cricket apart is its commitment to user security and responsible gaming. The platform boasts robust KYC verification and authentication processes, ensuring the safety and security of every user.
Moreover, to prevent overindulgence and promote responsible gaming, Jade Fantasy Cricket offers advanced features like user limits, empowering users to enjoy the game responsibly.
But the excitement doesn’t stop there. Jade Fantasy Cricket offers more than just cash prizes. Daily bonuses, free practice games and the opportunity to bring fantasy dream teams to life await participants at every turn. It’s not just a game; it’s an experience designed to delight and inspire.
“We believe in fostering a community where cricket enthusiasts can come together, showcase their skills, and revel in the joy of the game. Our platform is more than just a means to win prizes; it’s a testament to the passion and spirit of cricket,” Mr. Pisano remarked.
As Jade Fantasy Cricket takes Sri Lanka by storm, it’s clear that the love for the sport knows no bounds. With an unparalleled gaming experience and the promise of unforgettable moments, Jade Fantasy Cricket is poised to become the ultimate destination for cricket enthusiasts nationwide.
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