In a significant achievement, Pennsylvania's regulated gaming revenue has surpassed the $7 billion mark for the first time during the fiscal year 2025/26, as reported by the Pennsylvania Gaming Control Board (PGCB) on Friday. This remarkable growth is attributed to the ongoing expansion of online casino gaming and sports betting.
The total gross revenue from various gaming activities, including slot machines, table games, iGaming, sports wagering, video gaming terminals (VGTs), and fantasy sports contests, reached an impressive $7.01 billion for the fiscal year ending June 30, in contrast to $6.39 billion from the previous year.
Moreover, the state collected a historic $3.09 billion in taxes and fees from these regulated gaming operations. This figure includes $110 million generated from slot machine license operation fees, which contribute to local share accounts. It is important to note that these figures may be subject to adjustments by the Pennsylvania Department of Revenue.
iGaming emerged as the primary driver of this growth, with revenue for the fiscal year rising by 18.4% to a record $2.93 billion, up from $2.48 billion the previous year.
Hollywood Casino at Penn National maintained its position as the largest iGaming operator in the state, generating $1.13 billion in revenue, followed closely by Valley Forge Casino Resort, which reported $811.8 million.
Sports wagering also set a new fiscal-year record, increasing by 35.95% to $662.9 million, despite a decrease in the statewide betting handle, which fell to $8.45 billion from $8.72 billion in the prior fiscal year.
Valley Forge Casino Resort led the sports wagering revenue with $272.6 million, while Hollywood Casino at the Meadows reported $189.9 million. Notably, Hollywood Casino York experienced one of the most significant increases, with sports betting revenue soaring nearly 287.55%.
In terms of retail gaming, revenue from slot machines, which is the largest segment of land-based gaming in the state, remained relatively stable at $2.44 billion, reflecting a slight increase of 0.02% from the previous fiscal year. Parx Casino continued to be the top-performing slot operator with $375.1 million in revenue, despite a small decline year-on-year.
Retail table games revenue saw a decline of 2.15%, totaling $908.9 million. Wind Creek Bethlehem was the leading operator in this category, generating $239.9 million, followed by Parx Casino with $196.4 million.
Revenue from VGTs at truck stops increased by 0.55% to reach $41.6 million, with the number of operational VGT locations rising from 73 to 75 compared to the previous year.
Fantasy sports contests brought in $18.0 million in revenue, marking a decrease of 5.79% from the last fiscal year. DraftKings remained the dominant player in this sector with $12.48 million in revenue, while FanDuel followed with $3.08 million.
The PGCB emphasized that the revenue generated from gaming taxes plays a vital role in supporting various initiatives, including school property tax relief, state and local economic development projects, public safety programs, agricultural initiatives like horse racing, and grants for municipalities and counties, as well as contributing to Pennsylvania's General Fund.