• 2025.10.22 (Wed)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
MENU
 
Home > Industry

Pennsylvania Gaming Revenue Hits $558.7 Million in April, Driven by iGaming Growth

Sharon Yoon Correspondent / Updated : 2025-05-23 03:30:08
  • -
  • +
  • Print
Online Casino Sector Surges 31.3% Year-over-Year, Propelling Overall Gaming Revenue Up by 10.7%

Philadelphia – Pennsylvania's gaming industry experienced a significant surge in April, recording a total revenue of $558.7 million, marking a substantial 10.7% increase compared to the same month last year. This impressive growth was primarily driven by the explosive performance of the online casino (iGaming) sector.

According to data released by the Pennsylvania Gaming Control Board (PGCB), online casino revenue in April surpassed $227.7 million, representing a robust 31.3% year-over-year increase. This marks the second-highest monthly revenue record in the history of Pennsylvania's online casino segment. Within the iGaming sector, online slot machines led the charge with $169.5 million, showing a solid 34.5% growth, while online table games also performed strongly, bringing in $55.9 million, up 24.2%.

 
iGaming Market: Key Operators Lead the Way

Among Pennsylvania's iGaming operators, Hollywood Casino at Penn National saw the most significant benefit, reporting $83.2 million in revenue for April, a 33.5% increase year-over-year. Valley Forge Casino Resort also posted substantial gains, with revenues of $66.7 million, up 38.8% from the previous year. Rivers Casino Philadelphia followed with a 17.1% increase, reaching $35.9 million. Notably, Golden Nugget recorded the highest percentage increase in profit, a remarkable 116.4%, with $7.7 million in digital revenue.

In January, the PGCB announced that iGaming revenue for 2024 had exceeded $2.18 billion, a 25.25% increase compared to 2023. With April's impressive year-over-year online gaming performance, there's continued optimism that 2025 will surpass last year's total.

 
Online Poker Sees Decline, But Opportunity for Rebound

In contrast, online poker revenue continued a several-month-long decline, dropping by 2.8% to just $2.3 million. However, this downturn is likely to be reversed as Pennsylvania officially joined the Multi-State Internet Gaming Agreement (MSIGA) last month. Pennsylvania now participates in MSIGA alongside five other states: New Jersey, Nevada, Delaware, West Virginia, and Michigan, enabling interstate online poker play which can attract more players and generate larger prize pools. In fact, Pennsylvania Governor Josh Shapiro signed the MSIGA agreement on April 23, 2025, allowing multi-state poker games to commence on April 28, starting with BetMGM and PA Borgata Online.

 
Retail and Sports Betting Sectors Show Mixed Results

Retail slot machines in land-based casinos remain the largest single gaming segment, with April's monthly revenue hitting $203.1 million. However, this represents a 1.2% decrease compared to April 2024, attributed to a reduction of over 500 operating machines year-over-year, bringing the total to 24,363.

Conversely, the table games sector in brick-and-mortar casinos saw a slight uptick, reporting $80.6 million in revenue, a 2.8% increase from last April. The biggest success in this segment was Wind Creek Bethlehem, which earned $24 million, up 9.6% year-over-year. Rivers Pittsburgh followed, securing second place with $13.4 million.

Pennsylvania's sports betting market showed minimal growth, with total revenue reaching $42.5 million, an annual increase of just 0.2%. However, the total handle (total wagers) increased by 10.1% to $711.6 million, with $677.9 million of that being bet online.

The partnership between Valley Forge Casino and FanDuel continues to lead the online sports betting segment. FanDuel generated $20.1 million from a total handle of $269.8 million. DraftKings, operating through Hollywood Casino, came in second, recording $12.1 million from a total handle of $185.6 million.

Other categories included in the PGCB results show fantasy sports contests generating $1.3 million in revenue, a 2.3% increase year-over-year. In contrast, video gaming terminals (VGTs) saw a decrease, with April revenue at $3.4 million, down 3.6%.

Overall, Pennsylvania's gaming industry is steadily increasing its total revenue, bolstered by the strong growth of the iGaming sector. The entry into the multi-state agreement for the online poker market is particularly poised to be a significant turning point, potentially driving further growth in the future.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #NATO
  • #OTAN
  • #OECD
  • #G20
  • #globaleconomictimes
  • #Korea
  • #UNPEACEKOR
  • #micorea
  • #mykorea
  • #newsk
  • #UN
  • #UNESCO
  • #nammidongane
Sharon Yoon Correspondent
Sharon Yoon Correspondent

Popular articles

  • Son Heung-min’s Scorching Start Earns Fourth MLS Best XI Selection

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065551352657817 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Japan Elects Ultraconservative Sanae Takaichi as First Female Prime Minister: The 'Female Abe' Ascends
  • Trump Pressured Zelensky to 'Accept Russia's Demands or Be Destroyed,' Report from FT Reveals
  • Kering Sells Beauty Division to L'Oréal for €4 Billion Amid Gucci Slump 
  • NATO Deputy Secretary General Pledges to Strengthen Substantive Cooperation with South Korea, Including Defense Industry
  • Uruguay Becomes First Latin American Country to Legalize Euthanasia by Law
  • Peru Declares State of Emergency Amid Political Unrest Fueled by 'Gen Z' Protests

Most Viewed

1
The Imminent Reality: Donald Trump's Unlikelihood for the Nobel Peace Prize as a Destroyer of International Order
2
Renewable Energy Covers 100% of Global Electricity Demand Growth in H1 2025, Marking a Turning Point in the Fossil Fuel Era
3
McDonald's 'Subtle Racism' Controversy: Korean American Denied Order After 70-Minute Wait
4
A Chemical Revolution, the Era of Metal-Organic Frameworks (MOFs) Begins: 2025 Nobel Prize in Chemistry
5
Early Winter Chill Grips South Korea as Seoraksan Sees First Snow
광고문의
임시1
임시3
임시2

Hot Issue

EU States Agree to Complete Phase-Out of Russian Gas by End of 2027

US Ships to be Built in South Korea: Washington Considers Easing Protective Maritime Laws for Alliance Shipbuilding Cooperation

South Korea to Drastically Increase Domestic LNG Shipping Rate to 70%

Japan Elects Ultraconservative Sanae Takaichi as First Female Prime Minister: The 'Female Abe' Ascends

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 세종시
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
  • Multicultural News
  • Jobs & Workers
  • APEC 2025 KOREA GUIDE