Clicky

Pennsylvania Launches Regulated Daily Fantasy Sports Market - PennsylvaniaPoker.com News % : PennsylvaniaPoker.com News
fantasy_sports
Published on
Update on
Author

Having long been a legal gray area in many parts of the United States, daily fantasy sports has finally been fully legalized in the state of Pennsylvania with the only catch being a 15 percent tax on the revenue of each of the operators. This particular move is part of the larger statewide gaming expansion plans that came into effect last year in October. Already, six fantasy sports operators including FanDuel and DraftKings have been registered to legally offer their services to customers under the associated state law that was effected on Saturday, April 28.

The other four sports betting sites are StarStreet (DRAFT), Fastpick, Boom Shakalaka (Boom Fantasy) and JDAD (Fantasy Football Players Championship). The Pennsylvania Gaming Control Board assured players that are already participating in daily fantasy sports with any of the operators that had received a license form the board that there will be no noticeable differences and thus there will be no need to reregister.

The number of operators could increase in the near future since according to Kevin O’Toole, the executive director of the Pennsylvania Gaming Control Board, the board has been receiving a number of daily fantasy sports license applications from a number of companies. However, the initial focus seems to be on the already licensed operators as the board evaluates the outcome of the decision. Kevin O’Toole further pointed out that the board will regulate and monitor the sites to ensure that offer fair gaming environments and that each of them meets the state’s standards.

“This roll-out also marks the beginning for Pennsylvania to create new revenue through the taxation of entry fees from players registered in Pennsylvania to participate in fantasy sports contests,” O’Toole said. “Pennsylvania residents that enter fantasy sports contests can know that they are participating in a fair playing environment and assured that each licensed operator meets standards set out in the law and regulated by the Gaming Control Board.”

Some of the requirements that the licensees will have to adhere to include the verification of player identities, making players aware of the rules and prizes before playing, limiting beginner contests to beginning players and establishing proper channels for responding to players concerns. With daily fantasy sports now legal in Pennsylvania, players who will keep playing on sites that are not on the list of licensed sites will technically be in breach of state law.

“The Gaming Control Board urges, however, that players review the eligibility guidelines on the websites of these fantasy sports contest operators prior to attempting to participate in play,” the board added.

Latest Headlines

PA Online Poker Expected to Pick Up in March

With the coronavirus pandemic just beginning to take shape, all land-based casino and poker revenue in March will disappear. Pennsylvania’s only winner might be Mount Airy casino which is partners with PokerStars, the only online cardroom in the state. COVID-19 Bites into February Results With February a shorter month this year, and the COVID-19 outbreak […]

Pennsylvania Casino Industry Willfully Joining The Social Distancing Call

Six brick-and-mortar casinos in Pennsylvania have closed so far, in addition to a myriad of live poker tournaments being called off around the world, in response to the coordinated effort to slow down and, if possible, halt the spread of novel coronavirus /Covid-19/. State Governor Call On Thursday, March 12, Pennsylvania Governor Tom Wolf ordered […]

Live Poker Events Cancelled Under Covid-19 Threat, WPT Barcelona & WSOP Still On

March 13 was the scheduled starting day for one big live poker tournament, The Golden Poker Million Marrakech, an event that takes place annually in Casino de Marrakesh in the Es Saadi Resort in Morocco. But not in this year. Golden Poker Million Marrakesh 2 days ago, a statement released by the direction of the […]

PA Hosts Problem Gambling Month Events in March

Pennsylvania is stepping up its efforts to tackle problem gambling – even before the numbers suggest there is a problem to begin with. A new website, www.ResopnsiblePlay.pa.gov, has launched to assist people who might suffer from problem gambling or are at a risk of a developing the disorder. The website runs an exhaustive questionnaire that […]

PA Court Allows Seizure of Skill Game Machines

The Pennsylvania State Police can now resume their seizure of skill games from Pace-O-Matic. There has been plenty of controversy over the games, as a ruling deemed the games illegal. This ordeal began in November, when a court ruling determined that skill games from Pace-O-Matic and other operators could not legally operate in the state. […]

Similar PA Casinos Post

Pa. Gets Serious About Restricting Online Play at Casinos

Online sports betting and online casinos have been a reality in the Keystone State for over a month now and it is every bit as exciting as many of the state’s residents expected it to be. The state’s online gambling sector was among the most anticipated ones in the United States and now that it […]

Pennsylvanian Gambling Sector Grows Bigger

A lot of attention is being paid to the recent launch of online gambling in the Keystone State as well as the anticipated launch of online poker. While these are all welcomed developments, they seem to have overshadowed other gaming verticals that are still also growing. The most notable ones in this regard are satellite […]

Pa. Slot Machine Review Records Growth in 2018/2019 Fiscal Year

The Pennsylvania Gaming Control Board (PGCB) is set to release the full monthly revenue figures for the all for the 12 casinos that make up its gambling industry. A lot has been going on and it will, therefore, come as no surprise that there will be notable changes in that regard. In the meantime, earlier […]

Philadelphia’s SugarHouse Casino to Rebrand as Rivers Casino

Rush Street Gaming, one of Pennsylvania’s top gaming operators has announced that its SugarHouse Casino property is set to introduce a series of upgrades that will also include a rebrand. Starting this fall, the gaming and entertainment complex which debuted in the state back in 2010 will be known as Rivers Casino Philadelphia. This, as […]