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Home Entertainment

Pennsylvania gaming revenue drops in February 2025

admin by admin
April 18, 2025
in Entertainment, Lifestyle
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Pennsylvania gaming revenue drops in February 2025
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The Pennsylvania Gaming Control Board (PGCB) reported $477.2 million in total gaming revenue for February 2025, marking a 4.3% year-on-year decline.

The drop was driven by weaker retail slot machine and table game performance, alongside a significant decrease in taxable sports wagering revenue.

Retail slot machine revenue fell 8.1% to $186.3 million, while table games declined 7.2% to $71.2 million. The number of slot machines in operation also decreased, with 24,404 active units in February 2025 compared to 24,886 a year prior.

Meanwhile, iGaming revenue surged 12.3% to $207.6 million. Hollywood Casino at Penn National led with $77.6 million (up 0.5%), followed by Valley Forge Casino Resort ($56.6 million, up 26.5%) and Rivers Casino Philadelphia ($34.2 million, up 17%).

February’s decline followed a strong start to the year, with Pennsylvania’s total gaming revenue reaching $529.1 million in January 2025, up 10.9% year-on-year. This growth was primarily driven by a 44.2% surge in iGaming slot revenue. However, sports betting revenue in January had already shown weakness, declining 26.4% to $51.5 million.

This suggests that January’s growth may have been an anomaly, influenced by seasonal factors such as heightened betting activity around the Super Bowl and strong post-holiday online gaming engagement.

With total year-to-date gaming revenue nearing $1 billion, Pennsylvania remains one of the largest regulated gaming markets in the US. However, as consumer preferences shift and competition intensifies, operators must adapt to sustain long-term growth.

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