Pennsylvania Gambling Revenue Hits Record $6.4 Billion as Online Casinos Surge

Pennsylvania’s gambling industry just posted its most successful year on record, pulling in nearly $6.4 billion in gross revenue for the 2024–25 fiscal year, according to new data from the Pennsylvania Gaming Control Board (PGCB). That’s an 8.5% increase over the previous year, and the sharpest driver of that growth wasn’t slot machines or sports betting, but online casinos.

For the first time since the state legalized iGaming in 2019, online casino sites surpassed retail slots, generating more than $2.47 billion, compared to $2.44 billion from physical machines. It marks a milestone in Pennsylvania’s shift toward digital wagering, with mobile-friendly casino apps and games now leading the revenue charts.

Online Gambling Becomes the Top Revenue Stream

The online gambling boom has been rapid and consistent, but this year’s numbers show just how far the sector has come. In just five years, Pennsylvania’s iGaming revenue has grown more than tenfold, now accounting for nearly 40% of all gambling revenue in the state.

Leading the charge were license holders linked to major platforms, including Hollywood Casino at Penn National, which generated $935 million in online revenue, followed by Valley Forge Casino Resort with $675 million and Rivers Casino with $412 million. Other operators such as Live! Casino and Harrah’s also reported solid double-digit growth in their online verticals.

Sports Betting Plateaus Despite Rising Handle

The sports betting sector, although still a significant contributor, has shown signs of stabilizing. Despite a rise in the total amount wagered, nearly $8.72 billion, the actual revenue from sports betting stayed flat at just under $488 million. According to analysts, this may indicate thinner margins for sportsbooks, driven by increased promotions and high-volume payouts during popular betting periods.

FanDuel and DraftKings remained the dominant sportsbooks, with FanDuel responsible for more than half of the state’s sports betting revenue.

Retail Slots Stay Flat, Table Games Decline

While online platforms experienced significant growth, traditional casino revenue showed less momentum. Slot machines held steady at around $2.44 billion, showing a slight increase from the previous year. Parx Casino remained the top earner in this category, generating just under $394 million, while Hollywood Casino York and Live! Casino Philadelphia posted modest gains.

Table games, however, saw a noticeable decline. Revenue from blackjack, roulette, and other classic casino games fell by about 3% year-over-year, landing at $929 million. Only a few properties saw improvement in this category, with many experiencing softening demand for in-person play.

VGTs and Fantasy Sports Hold Their Ground

Video gaming terminals (VGTs) at truck stops brought in $41.4 million, representing a slight 0.7% bump from the previous year. Seventy-five licensed locations are currently operating in Pennsylvania, and the number continues to grow slowly.

Fantasy sports contests, once a fast-growing segment, slipped slightly to $19.1 million, with DraftKings and FanDuel again leading the pack despite minor year-over-year dips.

$2.8 Billion in Tax Revenue Fuels State Programs

Beyond the headline revenue figures, the $2.8 billion in tax revenue collected this fiscal year also set a record. These funds are distributed across a wide range of state priorities, including property tax relief, economic development, horse racing, and Pennsylvania’s general fund.

iGaming alone accounted for $1.09 billion in taxes, bolstered by Pennsylvania’s high online tax rate, especially the 36% rate on online sports wagers, one of the steepest in the country.

A Turning Point for Pennsylvania’s Gambling Industry

What’s clear from this year’s results is that online gambling is no longer a secondary channel; it’s now the main engine of growth for Pennsylvania’s regulated gambling sector. Since the state expanded into iGaming and mobile sportsbooks, revenues have surged year after year, with this fiscal period marking the fourth consecutive annual increase.

As player habits shift further toward digital, and more operators roll out user-friendly apps, loyalty programs, and live dealer options, Pennsylvania seems poised to remain at the forefront of legal gambling innovation in the U.S.