February 1, 2025

Pennsylvania Gaming Revenue Hits Record $6.13B in 2024

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Pennsylvania gaming revenue reached a new high for the third consecutive year in a row.

On Friday, the Pennsylvania Gaming Control Board (PGCB) revealed December numbers for the state’s​ 17 brick-and-mortar casinos, iGaming, sports betting, truck stop video gaming terminals, and fantasy sports. Gross revenue from the verticals totaled $533 million​ tо cap off the unprecedented year.

According​ tо​ a tally performed​ by Casino.org, statewide gross gaming revenue (GGR)​ іn 2024 hit​ a record high​ оf more than $6.13 billion. The result represents​ a year-over-year increase​ оf 7.7%,​ оr $440 million.

Eight months of the year reported GGR upwards of half of a billion dollars, with November leading the way at $562.3 million. November was the best month in history for Pennsylvania’s many gaming operators.

The $6.13 billion haul ranks Pennsylvania third in 2024 GGR behind Nevada and New Jersey. Nevada has not yet released December gaming numbers, but through November, GGR stood at almost $14 billion. New Jersey’s yearly revenue totaled $6.3 billion.

Online Gaming Fuels Record Growth in Pennsylvania

Pennsylvania’s overall gaming industry is healthier than ever, and the state last year received more money in tax revenue than it ever has before since legalizing slot machines in 2006.

The state’s legacy gaming business, however, saw revenue slow last year. Retail play, or gaming won on physical casino floors, decelerated in 2024, as GGR declined 1.5% from $3.43 billion to $3.38 billion.

The year-over-year gaming revenue growth of nearly 8% was primarily propelled by iGaming.

GGR from online casino gambling, including poker rake, totaled $2.17 billion. That marked a 25% surge on 2024 — a difference of about $439.8 million.

2024 marked the first time that Pennsylvania iGaming win exceeded $2 billion. December finished the year well, as internet casinos took almost $223.6 million off remote gamblers.

Oddsmakers reported over $510.7 million in revenue from online and in-person bets, an 11% gain on 2023 when the books won $458.6 million from bettors. Sportsbooks won over a half-billion dollars for the first time in a given year.

Revenue from VGTs at truck stops was flat, as the $41.5 million in 2024 GGR represented a 0.7% increase, or $288,539. Fantasy sports operators charged about $18.7 million in commission, or slightly less than the $20 million they received in 2023.

Online fantasy sports and in-person casino revenue were the only two verticals that reported year-over-year GGR declines.

Expansion and Future Regulation of Pennsylvania’s Gaming Industry

The PGCB regulates all gaming in Pennsylvania except the lottery. In 2017, the state expanded gaming by authorizing mini-casinos, iGaming, VGTs, fantasy sports, and sports betting, pending a federal repeal, which occurred in 2018. In 2025, the PGCB may also regulate skill games, currently considered illegal gambling by the casino industry and state attorney general.

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