Pennsylvania online casinos raised the bar for the US iGaming market once again in March. The Pennsylvania Gaming Control Board (PGCB) reported that online casinos in the state produced $294.2 million in revenue for the month, which is a new single-month US record.
New Jersey and Michigan online casinos similarly set records for their respective markets in March. Those figures came last week. Given its greater population, it’s unsurprising that the Keystone State would top both figures, but it did so in a big way.
Pennsylvania easily cleared the previous record of $281.2 million that was set last December. Revenue has decreased in the first two months of 2025, a potential indication that growth was slowing.
However, March’s figure puts that to rest, as the experienced a month-over-month increase of 12.5% and a year-over-year increase of 26.2%.
Breakdown of online casino March 2024 PA revenue
- Online slots revenue: $235,484,202
- Table games revenue: $56,157,485
- Online poker revenue: $2,556,800
Quick analysis from March PA iGaming figures
Slots reach $7 billion lifetime milestone
In the process of breaking a US record, Pennsylvania slots crossed an illustrious milestone in last month. The vertical reached $7 billion in all-time revenue after generating $235.5 million in March.
Slots have ed for 76% of lifetime revenue. Because of March’s massive total, slots revenue percentage increase to 80%, which is the second time that’s already happened this year. It also happened in January.
Slots are unquestionably the most popular games individuals play, as operators offer thousands of exciting titles. It appears customers played them even more in March.
Online casinos to cross $1 billion YTD in April
Despite the slowed growth in January and February, there is no denying that online casinos still produced gaudy numbers, in of revenue. The industry generated $823.7 million in Q1 2025.
To put that into perspective, online casinos recorded only $637.7 million in revenue during the same period last year. In fact, it didn’t cross the $1 billion mark until May of last year.
Being only $176.3 million away from $1 billion, the vertical is expected to cross that threshold, rather easily, in April, a month earlier than 2024.
Hollywood Penn National license reaches an all-time high
The PGCB does not break down revenue by operator, so it’s difficult to see the exact contributions from platforms. The Hollywood Penn National license set a record in March, recording $109.5 million in revenue.
Granted, the license has two of the top three market leaders, which include BetMGM. The success of those two operators goes without saying.
Hollywood is also partnered with its own brand, along with released the following statistics about the Hollywood platform:
- +16% average weekly s
- +38% average weekly gross gaming revenue
- +35% average weekly net gaming revenue
DraftKings and BetMGM get the majority of the attention, and rightfully so. However, smaller players such as Hollywood and Fanatics making improvements certainly help, too.
PA online casino revenue by operator in March 2025
| Licensee | Total Revenue | Slots | Tables | Poker | Promos | Taxes |
|---|---|---|---|---|---|---|
| Hollywood Penn National | $109,495,129 | $83,358,579 | $25,614,289 | $522,261 | $18,752,157 | $39,068,532 |
| Valley Forge | $83,954,763 | $65,746,843 | $18,207,920 | $0 | $19,171,166 | $28,064,133 |
| Rivers Philadelphia | $46,660,643 | $41,797,904 | $4,572,992 | $289,746 | $8,029,796 | $19,011,092 |
| Harrah's Philadelphia | $14,013,511 | $11,690,169 | $1,905,987 | $417,355 | $3,302,507 | $4,898,625 |
| Golden Nugget PA | $8,784,998 | $8,265,677 | $519,321 | $0 | $681,602 | $3,647,607 |
| Parx | $7,043,145 | $6,013,924 | $1,029,221 | $0 | $1,408,368 | $2,651,676 |
| Live Philadelphia | $6,884,508 | $5,845,770 | $1,038,738 | $0 | $1,628,062 | $2,443,760 |
| Bally's State College | $4,595,512 | $3,968,511 | $627,001 | $0 | $680,131 | $1,645,859 |
| Mount Airy | $4,481,550 | $2,432,172 | $721,940 | $1,327,438 | $553,143 | $1,338,437 |
| Presque Isle Downs | $3,395,035 | $2,080,716 | $1,314,318 | $0 | $3,885 | $1,331,780 |
| Mohegan Sun Pocono | $2,720,548 | $2,330,112 | $390,435 | $0 | $874,802 | $848,337 |
| Wind Creek | $2,169,147 | $1,953,824 | $215,322 | $0 | $892,707 | $607,455 |
| Total | $294,198,489 | $235,484,201 | $56,157,484 | $2,556,800 | $55,978,326 | $105,557,293 |
