Pennsylvania’s Commercial Gambling Revenue Hits Record High

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Image showcasing the growth of gambling in Pennsylvania with colorful depictions of casinos and gamblers.

News Summary

In May 2025, Pennsylvania reported a remarkable surge in its commercial gambling revenue, achieving a record high of $601.8 million. This represents a significant 15.52% increase from May 2024, and it surpasses the previous record set just two months earlier. The revenue growth is fueled by impressive performance in both iGaming and sports betting sectors. iGaming revenue alone reached $232.9 million, marking a stunning 33.76% year-over-year rise, while sports betting revenue saw a 34.39% increase, showcasing the evolving landscape of gambling in the state.

Pennsylvania has reported a remarkable surge in its commercial gambling revenue, achieving a record high of $601.8 million in May 2025. This figure represents a significant 15.52% increase from May 2024, highlighting the continuous growth of the state’s gambling industry. Additionally, this month’s revenue surpasses the previous record of $574.5 million, set just two months earlier in March 2025, indicating a further 4.8% rise.

The $601.8 million collected in May 2025 is an impressive $80.8 million more than the revenue generated in the same month last year. The increase is driven by robust growth in both iGaming and sports betting sectors, demonstrating the evolving landscape of gambling in Pennsylvania.

Specifically, total iGaming revenue reached $232.9 million in May 2025, which marks a dramatic 33.76% increase year-over-year. Breaking it down, online slots accounted for $177.2 million, followed by online table games with $52.9 million, and online poker contributing $2.8 million. Hollywood Casino at Penn National Race Course emerged as the leading operator, generating $90.1 million in iGaming revenue, an increase of 38.4% from the previous year. Other notable operators include Valley Forge Casino Resort with $64.1 million in revenue—a remarkable 44.4% year-on-year increase—and Rivers Casino Philadelphia, which reported $36.9 million, up 18% from 2024.

Growth in Sports Betting

Sports betting revenue also saw substantial growth, increasing 34.39% to $59.4 million in May 2025. Online sports betting accounted for a staggering $56.4 million, while retail sportsbooks contributed $3 million. The total sports betting handle reached $655.4 million, reflecting a 10.7% increase from the previous year. Leading the sports betting market were FanDuel and Valley Forge Casino Resort, which generated $28.4 million in revenue, followed by DraftKings in partnership with Hollywood Casino at the Meadows, reporting $15.7 million.

Other Revenue Sources

In terms of traditional gambling, revenue from retail slot machines amounted to $224.9 million, marking a 5.02% year-over-year increase despite a reduction in the number of slot machines available. However, revenue from land-based table games saw a notable decline of 4.55%, totaling $79.9 million, while revenue from video gaming terminals at truck stops yielded $3.7 million, reflecting a small 0.1% decrease. Fantasy sports revenue also fell by 5.4%, decreasing to $1.1 million compared to the prior year.

Tax Revenue and Regulation

The state of Pennsylvania collected $255.1 million in taxes from gaming activities during May 2025, comprised of $104.6 million from iGaming, $21.4 million from sports betting, $113.7 million from retail slots, and $13.4 million from table games. The Pennsylvania Gaming Control Board (PGCB) is responsible for overseeing all gaming operations across the state, which includes managing 17 land-based casinos and various online gambling platforms.

In 2024, Pennsylvania’s gaming industry generated a staggering $2.66 billion in tax revenue and fees, reflecting its status as one of the largest and most rapidly expanding gambling markets in the United States. The sustained growth in revenue showcases the increasing acceptance and popularity of gambling in the state, driven by advancements in technology and diverse gaming options available to consumers.

Deeper Dive: News & Info About This Topic

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