Last week, the Pennsylvania Gaming Control Board announced that they had received an additional four applications for daily fantasy sports companies to offer services in the state.
Earlier this month, daily fantasy sports oversight officially launched in Pennsylvania as part of the PA gambling law that passed in the state late last year. Upon going live, the PGCB approved applications from six operators including DraftKings and FanDuel.
The new list includes a couple of mid-tier DFS providers including Yahoo Daily Fantasy Sports and Fantasy Draft.
The new approved PA DFS Sites
With the new applications received from daily fantasy sports operators, there are now ten companies that can offer DFS services within the state of Pennsylvania.
- Yahoo Fantasy Sports
- Fantasy Draft
- Scout Fantasy Sports
- Sports Hub Technologies (Fanball, CDM Sports, MFL 10st, National Fantasy Championships)
These four applicants were joined by the following companies that were approved in late April:
- Boom Fantasy
- Fantasy Football Players Championship
With the changes, Pennsylvanians can legally play on any platforms that are on the approved list. Any DFS providers that are not on the list are not lawful, at least in the state of Pennsylvania.
The new DFS order
Oversight for daily fantasy sports began late last month with the original approval of six licenses. Fortunately for Pennsylvania players, there was no interruption in play during the transition period into the regulatory environment.
Pennsylvania joins a total of 19 states that have regulated daily fantasy sports over the last couple of years. A similar regulatory structure in each state has allowed top daily fantasy sports sites to be ready for a regulatory framework as new states come on board.
As states regulate daily fantasy sports, each jurisdiction has required operators to either pay a fee for entry into the market or additional taxes. In Pennsylvania – it’s both. In addition to a $50,000 license that lasts five years, Pennsylvania will collect a 15% monthly tax on adjusted revenues.
Pennsylvania DFS players wont notice a lot of changes in their playing experience – the recent news is essentially a formalization of policies that include protections on customers, verifying customers and establishing beginner contests.
So if you’re a Pennsylvanian player keep playing as you always have. Your play has been approved by the state of Pennsylvania and in theory – officially safer.