Pennsylvania Gaming Industry Starts 2025 Strong After Record 2024

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Pennsylvania’s gaming revenue reached a record high of $6.13 billion last year, and the industry continued to thrive in January 2025. On Thursday, the Pennsylvania Gaming Control Board (PGCB) released the revenue figures for January, encompassing the state’s 17 brick-and-mortar casinos, iGaming, sports betting, fantasy sports, and video gaming terminals. The total revenue amounted to over $529 million, a nearly 11% increase from January 2024.

Key Contributors to Growth iGaming, which includes online slot machines, interactive table games, and poker rake, remains the primary driver of growth. The state’s online casinos generated a record gross gaming revenue (GGR) of over $210.7 million, marking a 40.5% increase from the previous January, translating to a gain of more than $60.6 million.

American Gaming Association President and CEO Bill Miller noted that iGaming continues to gain popularity among gamblers. He highlighted that the expansion in online gaming has significantly contributed to the unprecedented success of commercial gaming.

In Pennsylvania, this trend has been evident. For the entirety of 2024, iGaming revenue in the Keystone State reached $2.17 billion, expanding by 25%, while legacy revenue at land-based casinos saw a slight decline of 1.5%.

Positive Start for Pennsylvania Casinos in 2025 After a slight retraction in physical revenue in 2024, Pennsylvania casinos rebounded at the start of the new year. The PGCB reported that the 17 physical casinos generated $261.5 million from slots and tables, representing an almost 4% increase from January 2024, which saw in-person GGR at $252.1 million.

  • Retail Slot Revenue: Up nearly 5% to $187.8 million
  • Table Game Revenue: Increased by 1.5% to $73.7 million

The cold January likely contributed to the uptick in casino revenue, as frigid temperatures limited many outdoor winter activities.

Parx Casino in Bensalem, just north of Philadelphia, retained its top position among the 17 physical casinos with GGR of approximately $45.4 million. Wind Creek Bethlehem in Eastern PA followed closely with $40.7 million from in-person players.

Sportsbooks Hit by Eagles’ Success The only gaming segment in Pennsylvania to experience a year-over-year decline was sports betting. Pennsylvania bettors heavily backed the Philadelphia Eagles during their playoff run, which culminated in a Super Bowl victory this month.

Oddsmakers reported a win of $51.5 million, a 26% drop from January 2024 when they kept nearly $70 million of the bets wagered. Bettors risked over $873.1 million on sports in January, resulting in a hold of less than 6% for the oddsmakers. Notably, all but $2.3 million of the sports betting revenue came via online bets.

Top-Grossing Casino and Sportsbook In addition to retail, iGaming, and sports betting, revenue from video gaming terminals in truck stops grew by 4.5% to about $3.2 million. Fantasy sports contest fees also climbed 9% to $2.7 million.

Valley Forge Casino Resort emerged as the top-grossing casino with combined GGR of nearly $97.8 million. Most of the casino’s revenue came from its partnership with FanDuel, the top sportsbook in the state, which accounted for $28.8 million of the January hold. Valley Forge’s FanDuel and Stardust iGaming platforms trailed only Penn Entertainment’s online gaming business.