News Summary
In March 2025, Pennsylvania achieved a record high of $574.5 million in gaming revenue, surpassing last year’s record. The surge is significantly driven by the growth in iGaming, which accounted for $238.2 million. Top casinos like Hollywood Casino and Valley Forge Casino contributed to this increase, although sports betting saw a notable drop. The total tax collected from gaming revenue reached $244.3 million, indicating a robust contribution to the state’s economy.
Pennsylvania Sets a New Gaming Revenue Record in March 2025
Hey there, readers! Exciting news is here from the Keystone State! Pennsylvania has hit a whopping record high of $574.5 million in gaming revenue for March 2025, according to the Pennsylvania Gaming Control Board (PGCB). This impressive number beats last year’s record of $554.6 million set in March 2024. Talk about a big win for the Commonwealth!
iGaming Revenue Soars
A significant part of this revenue surge can be attributed to iGaming – the online gambling scene – which raked in a remarkable $238.2 million, marking a fantastic 24.7% increase year-over-year. March 2025’s iGaming revenue even surpassed the previous record of $223.6 million set just a few months earlier in December 2024. It seems that more people are enjoying the thrill of online gaming!
Top Casinos Making Waves
So, which casinos are leading the charge? Hollywood Casino at Penn National Race Course took the crown, bringing in an impressive $107.2 million, which is a 21.5% year-over-year increase. Valley Forge Casino Resort followed with $86.2 million, though it experienced a slight dip of 2% compared to March 2024.
Parx Casino in Philadelphia reported revenues of $58.8 million, reflecting a face-off with a 1% decrease. But not to be outdone, Rivers Casino Philadelphia earned $58.7 million, showcasing a bright 7.8% increase from the previous year. Sounds like the competition is pretty fierce!
Slots and Tables Take Their Turn
Despite the overall positive performance, the total revenue from slot games slipped slightly to $222.5 million, indicating a 2.8% decrease year-over-year. Parx Casino, however, managed to report a small triumph, with a 0.19% increase, bringing its slot revenue to $34.3 million.
On the other hand, Wind Creek Bethlehem and Rivers Casino Pittsburgh didn’t fare as well, experiencing revenue drops to $25.8 million and $24.3 million, reflecting declines of 5.8% and 3.6%, respectively. Retail table games, meanwhile, brought in $81.9 million, down by 3.91% from the prior year.
A Deep Dive into iGaming
Diving deeper into iGaming revenue reveals that three operators are significantly driving that increase:
- Hollywood Casino at Penn National Race Course: $90.7 million (25.5% increase)
- Valley Forge Casino Resort: $64.8 million (27.4% increase)
- Rivers Casino Philadelphia: $38.6 million (17.9% increase)
Sports Betting Sees a Dip
On the sports betting front, revenue totaled $27 million from a handle of $842.8 million – which represents a significant 40.7% decrease compared to March 2024. Valley Forge Casino Resort led the pack with sports betting revenue of $9.4 million from a handle of $328.5 million.
Taxes and Fantasy Contests
For every win, there are taxes to consider! The total tax collected from gaming revenue in March 2025 reached $244.3 million. In the growing world of fantasy contests, revenue increased to $1.18 million, a notable 6.91% rise from last year.
So there you have it, folks! Pennsylvania’s gaming scene seems to be alive and kicking, setting records, growing online gaming, and contributing significantly to tax revenues. With all these trends, it looks like March 2025 was quite the month for the Commonwealth’s gaming industry!
Deeper Dive: News & Info About This Topic
- Gambling Industry News
- Wikipedia: Pennsylvania
- CDC Gaming Reports
- Encyclopedia Britannica: Pennsylvania
- Play Pennsylvania
