Key Moments:
- Pennsylvania reported a record $544.7 million in total gaming and fantasy contest revenue for June 2025, up 15.4 percent from June 2024.
- The 2024-2025 fiscal year saw iGaming revenue reach approximately $2.47 billion, surpassing retail slot machine earnings for the first time.
- The state collected about $2.8 billion in gaming tax revenue, supporting public programs and services.
Online Casinos Drive Unprecedented Growth
Pennsylvania has surpassed both Nevada and New Jersey to become the top-earning commercial gambling state in the country. The Pennsylvania Gaming Control Board (PGCB) highlighted that the state experienced its strongest financial results ever, largely attributed to an uptick in online casino activity. Digital gambling now commands the majority of the state’s wagering market, reshaping not just local, but national industry dynamics.
October proved to be a milestone month for Pennsylvania’s iGaming industry, with revenue climbing to $251,097,586. This marks the highest monthly total ever recorded for iGaming, surpassing the previous record of $238,220,161.
Find the full revenue report here:… pic.twitter.com/hoUZE8qb2L
— Pennsylvania Gaming Control Board (@PAGamingControl) November 19, 2025
iGaming Performance and Market Shifts
According to BNO News, Pennsylvania recorded approximately $6.4 billion in total gaming receipts for the 2024 to 2025 fiscal year, marking a new all-time high. iGaming was the principal growth driver, contributing around $2.47 billion – a 27 percent increase over the previous year – making it the largest gaming sector in the state. This outpaced revenues from physical slot machines, which remained flat at about $2.44 billion, while retail table games experienced a decline of roughly 3 percent.
| Gaming Segment | Fiscal Year (2024-2025) Revenue | Year-over-Year Change |
|---|---|---|
| Total Gaming and Fantasy Contests (June 2025) | $544.7 million | +15.4% |
| Total Gaming Receipts | ~$6.4 billion | Record High |
| iGaming | ~$2.47 billion | +27% |
| Retail Slots | ~$2.44 billion | Flat |
| Retail Table Games | Not specified | -3% |
| Gross Gaming Revenue (May 2025) | $601,833,369 | +15.5%* (vs May 2024) |
| iGaming Revenue (May 2025) | $232,853,763 | Part of May total |
Expansion of Digital Gambling
This surge in online activity reflects a broader national trend, as digital wagering platforms continue to grow while traditional land-based casinos see slower expansion. The state’s proactive approach in legalizing and regulating online casinos, together with its sizable population and competitive market, has fueled sharp revenue increases. Aggressive investment by operators in marketing and promotional incentives further intensifies competition among digital offerings.
Significant Support for Public Programs
Gaming tax collections totaled approximately $2.8 billion during the fiscal year, providing crucial funding for a wide range of public initiatives. These include property tax relief for homeowners, investments in law enforcement, infrastructure, and local municipal services, as well as continued allocations to the Race Horse Development Fund for the state’s horse racing industry. The substantial contributions underline gambling’s role as a vital revenue stream for Pennsylvania.
Strategic Advantages Cement Leadership
Pennsylvania’s leadership in the national gambling market is the result of various structural strengths, such as a large consumer base, early regulatory adoption of iGaming, and clear rules that foster digital growth. Even with elevated tax rates, the market remains vibrant, with operators maintaining active competition across the digital space.
Monthly Performance Highlights
May 2025 marked another milestone as gross gaming revenue exceeded $600 million for the first time. The PGCB noted total May revenue from all gambling and fantasy sports reached $601,833,369, reflecting a 15.5 percent increase over May 2024. More than one-third of this sum came from iGaming operations, which contributed $232,853,763 in online casino revenue for the month.
- Author
Daniel Williams
