Pennsylvania Gaming Revenue Reaches Record High in May 2025

A lively Pennsylvania casino environment demonstrating increasing gaming activity and revenue growth.

News Summary

In May 2025, Pennsylvania reported a historic gaming revenue of $601.8 million, surpassing the $600 million mark for the first time. This signifies a 15.52% growth compared to May 2024, highlighting the increasing popularity of both retail and online gaming. Retail slots contributed $224.8 million, while online gaming surged by 33.76% to reach $232.9 million. Tax revenues from gaming activities reached over $255 million, prompting growth opportunities for the state’s economy and gaming industry.

Pennsylvania Achieves Record-Breaking Gaming Revenue in May 2025

Pennsylvania’s total gaming revenue for May 2025 has reached a historic high of $601.8 million, surpassing the $600 million mark for the first time. This milestone reflects a significant 15.52% increase compared to May 2024, when the revenue was $520.5 million. Tax revenue generated from gaming activities during the same period totaled $255,136,529, illustrating the considerable financial impact of the gaming industry in the state.

Breakdown of Revenue Sources

The surge in gaming revenue can be attributed to several key components, including retail slots, online gaming, and sports wagering. Revenue from retail slot machines alone amounted to $224,873,947, marking a modest 5.02% increase from the previous year’s $214,133,424. In contrast, the number of slot machines in operation decreased from 24,862 in May 2024 to 24,347 in May 2025.

The retail table games revenue saw a slight decline, totaling $79,915,903, which is a 4.55% decrease compared to $83,725,161 in May 2024. Despite the dip in table games, the online gaming sector showed remarkable growth. Revenue from online casino games reached $232,853,763, representing an impressive 33.76% increase year-over-year.

Online Gaming and Sports Wagering Insights

Tax revenue from online gaming (iGaming) in May 2025 was substantial, totaling $104,581,484. Additionally, sports wagering continued to gain traction, with a total handle of $655,358,227, marking a 10.72% increase from the previous year. The taxable sports betting revenue also saw a notable increase to $59,417,240, up 34.39% from $44,212,853 in May 2024.

Tax revenue generated from sports wagering contributed significantly to the state’s financial picture, with a total amount of $21,390,206 collected in May 2025. In contrast, revenue from video gaming terminals (VGTs) stood at $3,683,566, which represents a slight decline of 0.08% year-over-year.

Fantasy Contests and Overall Tax Revenue

Revenue from fantasy contests totaled $1,088,950, indicating a 5.35% decrease when compared to $1,150,472 in May 2024. Tax revenue from these contests amounted to $163,342. As of May 2025, the state’s gambling oversight falls under the jurisdiction of the Pennsylvania Gaming Control Board (PGCB), which manages all types of gambling, including 17 land-based casinos and online gaming platforms.

Context and Implications

The record revenue figures underscore the growing popularity of both traditional and online gaming in Pennsylvania. Overall, casinos and gaming operations regulated by the PGCB generated an impressive $2.66 billion in tax revenue and fees in 2024. The continued rise in gaming revenue may lead to further investment in the industry, as well as increased funding for state programs benefiting from these tax revenues.

As the gaming landscape in Pennsylvania evolves, stakeholders will likely be keen to analyze trends and consumer behavior to sustain and build upon this momentum. The state’s ability to adapt to the changing gambling environment will be crucial as it capitalizes on this record-breaking revenue.

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STAFF HERE PHILADELPHIA WRITER
Author: STAFF HERE PHILADELPHIA WRITER

PHILADELPHIA STAFF WRITER The PHILADELPHIA STAFF WRITER represents the experienced team at HEREPhiladelphia.com, your go-to source for actionable local news and information in Philadelphia, Philadelphia County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Mummers Parade, Philadelphia Flower Show, and Thanksgiving Day Parade. Our coverage extends to key organizations like the Greater Philadelphia Chamber of Commerce and United Way of Greater Philadelphia, plus leading businesses in telecommunications, food services, and healthcare that power the local economy such as Comcast, Aramark, and Children's Hospital of Philadelphia. As part of the broader HERE network, we provide comprehensive, credible insights into Pennsylvania's dynamic landscape.

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