News Summary
In May 2025, Pennsylvania achieved a historic milestone in its gaming sector, reporting taxable revenue of $601.8 million, surpassing the $600 million mark for the first time. This reflects a 15.52% increase from the prior year and significant contributions from online casinos and sports betting. With continued growth in iGaming and retail operations, the state is on track to exceed $10 billion in lifetime taxable revenue by mid-2025. The figures indicate a robust future for Pennsylvania’s gaming industry as demand rises.
Pennsylvania has achieved a historic milestone in its gaming industry, reporting a record-breaking $601.8 million in taxable revenue for May 2025. This marks the first instance in which monthly gaming revenue in the state has exceeded the $600 million mark, demonstrating a robust growth trajectory for the industry.
The remarkable figure represents a substantial 15.52% increase from May 2024’s revenue and a 7.7% increase compared to revenue collected in April 2025. Accompanying the revenue growth, Pennsylvania’s total tax revenue from all forms of gaming hit an all-time high of $255,136,529 during the same month.
Online casinos played a significant role in achieving this record, generating $291.7 million in taxable revenue, which stands as the second-best month on record. Revenue from online slots contributed approximately $236 million, while table games and online poker added $52.9 million and $2.8 million, respectively. Year-over-year growth in online casino revenue reached an impressive 34.7%, with a slight 2.3% increase from April’s figures.
All segments of online gambling reported double-digit growth in May 2025. Pennsylvania’s sports betting handle also reached a record high of $655 million, reflecting an 11% increase from the previous year. This resulted in sports betting revenues climbing to $76.1 million, marking a 23% increase.
In total, iGaming in Pennsylvania has amassed $9.93 billion in lifetime taxable revenue and is projected to exceed the $10 billion mark by June 2025. Through the first five months of 2025 alone, online casino revenue has reached $1.4 billion, setting a pace to surpass last year’s total of $2.71 billion. Should this growth continue, estimates suggest online casinos could generate $3.36 billion by the end of 2025, representing a 24% increase.
Hollywood Penn National emerged as the leading facility in terms of taxable revenue, recording $110.7 million, bolstered by partnerships with platforms such as DraftKings, BetMGM, and Fanatics. Valley Forge Casino followed, achieving $83.4 million in revenue through collaborations with FanDuel and Stardust. Other notable contributors included Rivers Philadelphia with $45.8 million and Harrah’s Philadelphia with $14.5 million.
The iGaming sector specifically generated $232.9 million in May, which represents a significant 33.76% increase from the $174.1 million reported in May 2024. Retail slot machine revenue also climbed to $224.9 million, a 5.02% increase from $214.1 million in May 2024. Conversely, retail table games saw a drop of 4.55%, totaling $79.9 million compared to $83.7 million a year earlier.
This month saw the online poker revenue reach a record of $2.8 million, representing an 18% increase from April’s revenue of $2.3 million, a growth partially attributed to interstate poker participation following Pennsylvania’s entry into the Multi-State Internet Gaming Agreement.
In comparison with other states, Pennsylvania surpassed both Michigan’s reported figure of $251.5 million and New Jersey’s $246.8 million during the same month, marking New Jersey’s best month in over a decade.
Within the sports wagering segment, online betting accounted for $625 million of the total handle, while retail sportsbooks contributed $30.4 million. Tax revenue from sports betting alone amounted to $21.4 million for May. FanDuel continued its dominance in the sports betting market, making up 40% of the total handle and 47% of revenues.
Further contributing to the state’s economy, revenue from video gaming terminals (VGTs) in May reached $1,915,454, although overall adjusted revenue showed a slight decline from the previous year. Total revenue from brick-and-mortar casinos rose 2.2% to $305 million for the month.
The Pennsylvania Gaming Control Board is responsible for overseeing all gambling activities throughout the state, which includes 17 land-based casinos, online gaming, sports wagering, and fantasy sports contests. With the rapid growth and increased revenue streams, Pennsylvania’s gambling landscape reflects a thriving industry poised for continued expansion.
Deeper Dive: News & Info About This Topic
- Lineups: Pennsylvania Online Casinos Report Revenue
- Wikipedia: Pennsylvania
- LVB: Pennsylvania Gaming Revenue in May Reaches Record High
- Google Search: Pennsylvania Gaming Revenue 2025
- Action Network: Record Breaking Month for Pennsylvania Gaming Revenue
- Encyclopedia Britannica: Gambling
- Legal Sports Report: Pennsylvania Gaming Revenue May 2025
- Google News: Pennsylvania Gaming Revenue
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.
