Pennsylvania Gaming Authority Records Exceptional Income in March
Penn's gaming scene is on fire, breaking records left and right! According to the Pennsylvania Gaming Control Board (PGCB), the combined gaming and fantasy contest revenue for March 2025 skyrocketed to a whopping $574,534,002 – smashing the previous high of $554,625,294 set in March 2024.
The online gaming sector, fondly known as iGaming, raked in a staggering $238,220,161 last month – a massive 24.67% increase compared to March 2024 ($191,086,114) and even surpassing the December 2024 record ($223,652,312)! The tax revenue generated from iGaming during March 2025 was a substantial $106,318,363.
Hollywood Casino at Penn National Race Course reigned supreme in the iGaming realm, earning a hefty $90,742,972 in total iGaming revenue last month. Valley Forge Casino Resort trailed behind with $64,783,597.
Let's not forget about sports betting, which generated a total handle of $842,856,961, a 5.26% boost compared to March 2024. Despite this growth, the taxable revenue figure for March 2025 saw a 40.71% decrease compared to March 2024, coming in at $27,026,829.
Retail slots led the gaming revenue list with $222,499,993, followed by iGaming slots at $179,505,875 and retail tables with $81,891,242. However, March's revenue from retail slot machines declined by 2.37% compared to March 2024.
As for table games revenue, March 2025 saw $81,891,242, a 3.91% decrease from March 2024 when revenue was $85,222,921. The PGCB reported 24,373 slot machines in operation for March 2025, while 24,886 slots were available at casinos in March 2024.
Video gaming terminals (VGTs) raked in $3,715,486, with tax revenue collected from the play of VGTs in March 2025 being $1,932,053.
Fantasy Contests brought in $1,180,292 in March 2025, with DraftKings leading the pack at $919,733, followed by FanDuel ($179,666) and Underdog Sports ($77,919). Tax revenue collected from the play of Fantasy Contests in March 2025 was $177,044.
Despite the lack of direct comparisons for iGaming revenue between March 2024 and March 2025, the overall positive trend in U.S. iGaming revenue and Pennsylvania's casino growth suggests that iGaming is experiencing significant growth. For precise figures, more detailed state-specific reports would be necessary.
- The iGaming sector in Pennsylvania, indicated by combined revenue of casino-and-gambling, saw a record-breaking surge in March 2025, amounting to $238,220,161, representing a substantial increase from March 2024.
- The revenue generated from sports betting in Pennsylvania during March 2025 reached a total handle of $842,856,961, showing a moderate increase compared to March 2024, while the taxable revenue saw a significant decrease.
- Among the leading contenders in the iGaming landscape of Pennsylvania, Hollywood Casino at Penn National Race Course gathered an impressive $90,742,972 in total iGaming revenue, with Valley Forge Casino Resort trailing behind.
- Casino-games, including retail slots, iGaming slots, and table games, accounted for a significant portion of the combined gaming and fantasy contest revenue in March 2025, with retail slots leading the list.
- Even though the retail slots revenue decreased by 2.37% compared to March 2024, the iGaming slots revenue surpassed the December 2024 record and showed a substantial increase.
- The trend of casino-games in Pennsylvania shows promising growth, with iGaming, in particular, exhibiting significant growth based on the year-over-year comparisons available, suggesting continued growth in the market. However, more detailed state-specific reports are necessary for precise figures.
