A surge in online casino gaming revenue in Pennsylvania helped online casinos produce more money than slot machines in 2024-25 for the first time ever.
The Pennsylvania Gaming Control Board’s 2024-25 fiscal year report shows that the state’s licensed gambling operators posted a record $6.4 billion in revenues between July 1, 2024, and June 30, 2025, up 8.5% year-over-year and smashing 2023-24’s record by more than half a billion dollars.
That revenue was the combined total that operators made from customer spending on physical slot machines in casinos and elsewhere, casino table games, online casino, physical and digital sports betting, fantasy sports contests and video game terminals (VGTs).
For the first time, online casino gaming overtook slots as the Keystone State’s biggest gambling moneymaker, generating $2.48 billion in revenue to slots’ $2.44 billion. While all other forms of gaming regulated by the PGCB remained flat in terms of revenue, online casino revenue grew 27% year-over-year.
Hollywood Casino at PENN National Race Course led all iGaming operators with $935.82 million in revenue, followed by FanDuel’s Valley Forge Casino Resort partnership with $675.17 million. DraftKings‘ Golden Nugget was the biggest climber, with its revenue more than doubling from $39.28 million in 2023-24 to $76.69 million.
In-person gambling still more lucrative, but trending in opposite direction
That does not mean online and mobile gambling produced more revenue than in-person gambling. Combined physical slots and table games revenue was $3.36 billion for the fiscal year. But that was a decrease of 0.8%, in stark contrast to iGaming’s growth. Slot machine revenue crept up 0.08% while table games’ revenue fell 3% to $928.9 million, the third year in a row in which it has dropped.
Sports betting generated $487.64 million in revenue, down 0.2% despite a rise in handle from $8.17 billion to $8.72 billion. FanDuel took nearly half of that total, at $250.29 million.
In total, the state collected nearly $2.8 billion in tax revenue from gambling from July 2024 through June 2025, compared to about $2.5 billion the previous financial year. Nearly $1.1 billion of that was from interactive casino games, a new record for the vertical, while more than $1.3 billion derived from land-based slots play. Pennsylvania taxes slots at up to 54% and table games at 16%.
In all, Pennsylvania’s online casino gaming market has grown strongly year by year since it was legalized in 2019. But this is the first time ever that the vertical has taken more money than slot machines have.
