Connect with us
SIS

Fantasy Sports

Pennsylvania Gaming Control Board Reports December & 2018 Fantasy Contests Revenue

George Miller

Published

on

Pennsylvania Gaming Control Board Reports December & 2018 Fantasy Contests Revenue
Reading Time: 2 minutes

 

The Pennsylvania Gaming Control Board posted on its web site the December Fantasy Contests Revenue Report. The report provides a breakdown on fees collected from the play of Pennsylvania participants, Fantasy Contests Operators’ adjusted revenue, and tax revenue due to the Commonwealth. The report can be found at www.gamingcontrolboard.pa.gov.

Fantasy Contests adjusted revenue for December was $2,860,503 compared to adjusted revenue of $3,241,161 in November.

Tax revenue is derived through a 15% assessment on the adjusted revenue reported by the Fantasy Contests Operators and is deposited into the Commonwealth General Fund. This resulted in tax revenue generated during December of $429,075.51. Nine of the Fantasy Contests Operators reported tax revenue due.

Fantasy Contests revenue and tax revenue for each of the providers for December 2018 and for the calendar year 2018 is displayed in the following tables:

PGCB Reports December & 2018 Fantasy Contests Revenue

 

About the Pennsylvania Gaming Control Board:

The Pennsylvania Gaming Control Board is tasked to oversee all aspects of the state’s casino industry, including sports wagering offered currently by four casino operators. The oversight also includes other new gaming initiatives, expected to be launched in the coming months, which were created through Act 42 of 2017, an amendment to the Race Horse Development and Gaming Act.

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 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

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Comments

Daily Fantasy Sports

Kapil Dev Launches Apne11

Niji Narayan

Published

on

Kapil Dev Launches Apne11
Image Source: invoice.ng
Reading Time: 1 minute

 

Kapil Dev, the former Indian cricket team captain, has launched a new daily fantasy sports platform named Apne11. He is the brand ambassador of the platform.

On Apne11, players can choose their own team from the players on the actual field and be awarded points in accordance with the performance of the selected team combination.

Apne11 also announced a launch offer wherein user will get 100% cash bonus deposits and an opportunity to play against Kapil Dev by participating in the Kapil League. The highest scorer on Kapil Dev’s leader board will win Rs. 25 lakh.

“The gaming industry is undergoing a revolution and with one of the world’s largest youth populations, India is poised to become one of the world’s markets in the gaming sector. We want to make daily fantasy sports game experience simpler and reach tier 2 and tier 3 cities,” Ratul Sethi, the founder of Apne11 said.

“The Indian market is the fastest growing fantasy sports market in the world, the market is projected to touch 5 billion in the next two years,” Roland Landers, the CEO of All India Gaming Federation said.

Continue Reading

Fantasy Sports

FanDuel Offers Fantasy Contests for FIFA Women’s World Cup 2019

Niji Narayan

Published

on

FanDuel Offers Fantasy Contests for FIFA Women's World Cup 2019
Reading Time: 1 minute

 

FanDuel, the US based fantasy sports provider and bookmaker, has offered a range of fantasy contests for the FIFA Women’s World Cup 2019. FanDuel will also contribute $1000 to the Women’s Sports Foundation (WSF) for every goal Team USA scores during the tournament, in addition to a $10,000 initial donation.

To celebrate the Women’s World Cup and Team USA, FanDuel is partnering with Zach Ertz, Philadelphia Eagles two-time Pro Bowl tight end and husband of U.S. Women’s National Soccer Team superstar Julie Ertz. Ertz will be entering several daily fantasy contests on FanDuel throughout the tournament.

“When the USWNT won the World Cup title in 2015, it was a historic sporting event and a breakthrough moment for women’s soccer and female athletics. We’re excited to see what this year’s tournament has in store and are proud to support women’s sports and be the Women’s World Cup fantasy leader,” Andy Giancamilli, MD of FanDuel said.

“Our Foundation is pleased to partner with organizations who, like us, want to empower girls and women to reach their potential in sport and in life. As FanDuel’s exclusive charity partner for the Women’s World Cup tournament, we’re grateful to receive the proceeds from goals scored. What a great added benefit for cheering on team USA!” Deborah Antione, CEO of WSF said.

Continue Reading

Asia

Sportito Launches its innovative Fantasy Sports site in India in Continued Global Expansion

George Miller

Published

on

Sportito Launches its innovative Fantasy Sports site in India in Continued Global Expansion
Reading Time: 2 minutes

 

Sportito, one of Europe’s most recognised fantasy sports platforms, has been launched in one of the fastest growing fantasy sports markets in the world. Sportito India attracted more than 500 registrations in its first 2 hours of operation, thanks to the fantasy contest on the ICC Cricket World Cup that has just started

India is renowned for its enthusiastic sporting population, something that has reflected the rapid growth of fantasy sports in the country. According to 2019 KPMG Report “The Evolving landscape of sport gaming in India” in the last 2-3 years, Online Fantasy Sports Gaming has witnessed stupendous growth. The number of users has grown by over twenty five times (~25x) from June 2016

India currently has more than 20 million fantasy sports users, a number expected to grow to 100 million users by 2020, with a staggering 89 percent of users play fantasy sports at least once a month, 71% of the respondents play fantasy cricket with a 85% being mobile users

Sportito India currently has international and domestic cricket challenges, as well as football (soccer). Plans are in place to introduce Kabaddi and Basketball by years end. Indian fans can now play Fantasy Sports on Sportito and enjoy a for fun version of the popular managerial game, with the option to collect virtual coins which can be later converted into bonus. The players are free from the salary cap restrictions, allowing them to choose the top players without having to worry about the budget. Real time data is also available for the users to track their teams live, thanks to the partnership with Sportradar global data provider

“The Indian market is the fastest-growing fantasy sports market in the world, and for us was a natural decision to launch our innovative site in this market aiming to be the number one platform with the best experience ever,” Riccardo Mittiga CEO of Sportito said. “We’ve asked our community which new sport they would like to play on Sportito, the answer was Cricket” – and we did it “We are a customer oriented company and our team is doing our best to become the first choice in the hearts of the fantasy players” he added

 

About Sportito:

Sportito was launched in the United Kingdom in 2016 and has come a long way. Offering users a daily fantasy sports platform with more profit and fun than traditional fantasy sports. Sportito is giving players the chance to win cash prizes every day without waiting a whole season to finish.

Since its launch, Sportito has achieved a striking increase in its user base thanks to a growing number of fantasy sports fans. Remarkably, Sportito has signed sponsorship deals with 3 historical English football clubs in the Premier League and Championship Queens Park Rangers FC, Burnley FC and Fulham FC as their official fantasy sports partners to introduce fantasy sports to the football fans reaching an audience of more than 1.5 Million fans in total.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.