Pennsylvania’s iGaming Revenue Hits Record $223.6 Million in December

| 28 Feb 2025 | 04:39

A few years ago, online gaming was just an emerging trend in Pennsylvania. Now, it’s a full-blown phenomenon. December 2024 proved to be a milestone month, as the state’s iGaming industry shattered previous records, pulling in a jaw-dropping $223.6 million in revenue. That’s a 35.5% jump from December 2023 and an 11.5% increase from the previous record of $200.2 million set just a month earlier.

The appeal of online casinos has never been stronger. Numerous iGaming platforms are drawing in players with a mix of immersive slot games, live dealer experiences, and even sports betting. The in-game features are often more advanced and less restrictive on offshore platforms, as well (source: www.KlikkiKasino.com). Many newcomers also find themselves lured by enticing bonuses; no wonder the industry is growing rapidly.

Hollywood Casino at Penn National Race Course emerged as the biggest winner, boasting an $86.4 million revenue surge—up 41.8% from the previous year. Valley Forge Casino Resort climbed to $61.3 million, posting an impressive 48.4% boost and Rivers Casino Philadelphia cashed in at $35.2 million, a solid 12.4% increase.

Also, online slots continue to dominate, raking in $164.3 million in December, an impressive 40.5% increase from last year. Table games weren’t far behind, generating $56.8 million, up 24.2%. Even online poker, often overshadowed, held its ground with $2.5 million in revenue, reflecting steady growth of 2.9% year-on-year.

Not every segment of the gaming industry had a reason to celebrate. Sports betting revenue took a serious nosedive, plummeting to $21.9 million in December—an alarming 69.9% drop compared to December 2023. The downward trend wasn’t unique to Pennsylvania, as other states reported similar declines. Analysts suggest factors like shifting bettor preferences and unpredictable sports outcomes may have played a role in the downturn.

Despite the online casino sector’s record-breaking performance, Pennsylvania’s total gaming revenue for December 2024 landed at $533.1 million—a slight 0.2% dip from December 2023. The decline in sports betting weighed on the overall figures, proving that even a thriving industry has its fluctuations.

The numbers don’t lie—online gaming is here to stay, and it’s only getting bigger. The convenience of playing from home, paired with an ever-expanding selection of games and promotions, continues to fuel the industry’s growth. Operators are constantly pushing the envelope, offering new experiences that keep players engaged. Whether through exclusive live dealer events, cutting-edge game mechanics, or lucrative bonuses, there’s no shortage of innovation in the pipeline.

While sports betting remains unpredictable, Pennsylvania’s iGaming sector has shown resilience. The state’s strong regulatory framework and competitive landscape have made it a standout in the U.S. online gaming market. With 2025 just getting started, all eyes are on Pennsylvania to see if it can once again set the bar even higher.