The Pennsylvania Gaming Control Board (PGCB) has issued Fantasy Sports Games with a fine of $7,500 after ruling it operated fantasy sports contests prior to securing a license in the US state.
According to the PGCB, Fantasy Sports Games accepted entries for fantasy sports contests from players in Pennsylvania as early as May 2018, before it began the application process to secure a license in the state in February 2019.
Pennsylvania’s Gaming Expansion Act of 2017 state operators that offer this type of gaming to Pennsylvanians must be licensed or have applied for a license from May 2018.
As such, the PGCB ruled Fantasy Sports Games was in breach of regulations and issued the fine.
This marked the first occasion that the PGCB handed a fine to a fantasy sports operator.
The fine came after the PGCB this week reported a record $404.1m in revenue for April, a 776.2% rise on the same month last year.
DraftKings recorded the highest revenue from fantasy sports at $1.3m, with FanDuel coming in second with $775,667.
(Photo : PhiladelphiaInquirer)
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