Pennsylvania Falls Shy Of iGaming Record As September Gambling Revenue Climbs

Pennsylvania's gambling market posted another solid month in September, with total revenue increasing by almost 6% year-over-year. 

Although it missed out on setting a new record for iGaming revenue, the state’s gambling industry is still demonstrating strong growth and resilience.

The Pennsylvania Gaming Control Board reported that total gaming revenue was $535.8 million in September, up 5.9% from $505.9 million in the same month last year. 

Although it was 8% below the record high of $582.3m set in August, September’s results show strong contributions from several gaming verticals, especially online gaming.

iGaming Surges Past $230M

Once more, the highlight of the month was iGaming. Revenue from online casino and poker was $233.4M, an increase of 32.1% from September 2024.

The vast majority was generated by online slots with $181.9M, growing 37.1% year-over-year. Web-based table games contributed $50M, and online poker netted $2.3M.

Hollywood Casino at Penn National Race Course remained the top operator, generating $87.7M in iGaming revenue, up 31% from the previous year. 

Valley Forge Casino Resort came in second at $66.4M, a 40.8% leap, and Rivers Casino Philadelphia took third with $35.4M, up 12.5% year over year.

These improvements demonstrate that iGaming is now a staple within Pennsylvania's gambling landscape, continually mitigating losses in traditional gaming formats.

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Sports Betting Sees Sharp Decline

Sports betting had a tough month as iGaming soared. Revenue declined 44.5% to $29.7M, a low not seen since March. Online PA sportsbooks contributed $24.4M, while retail sportsbooks added $5.4m.

Even though revenue declined, betting activity was still strong. The amount of money wagered increased 4.8% to $850.5M. 

Online wagering accounted for $810.1m, while retail sports books contributed $40.4M.

FanDuel and Valley Forge Casino Resort continued to lead the market, bringing in $15.9M in revenue from $297.6M in wagers for a 5.34% hold.

DraftKings, associated with Hollywood Casino at the Meadows, was a close second with $4.1M, followed by BetMGM and Hollywood Casino Morgantown at $2.1M.

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Land-Based Gaming Softens

Pennsylvania’s land-based casinos had a mixed bag. 

Slot machine revenue fell 1.5% from a year ago to $194M, while retail table games remained steady at $73.4M. 

Video gaming terminals, located mainly in truck stops, generated $29.7M, decreasing slightly by 0.6%.

Fantasy sports contests saw modest growth, up 5.4% to $2M in revenue.

Tax Contributions Stay Strong

Despite some sector fluctuations, Pennsylvania’s tax revenue from gambling remained strong. 

The state earned $227.9M in September, with $106.1M of that coming from iGaming, $96.6M from land-based slots, $12.3M from table games, and $10.7M from sports betting.

Overall, Pennsylvania remains one of the top gambling states in the country, and iGaming is a major contributor to its revenue rise. 

With new platforms rolling out and player activity intensifying, the Keystone State looks poised to break new records before the year ends.