The Keystone State's gambling market isn't just good—it’s better than ever.
The Pennsylvania Gaming Control Board revealed an all-time gaming revenue record of $574.5 million during March, including $238.2 million from iGaming.
Key insights
- Sports betting revenue tumbled despite handle increasing 5.3% year-over-year.
- Online gaming tightened its grip over the overall market.
- FanDuel and Valley Forge Casino Resort had the best month of all sports betting operators.
The more than half-a-billion total was a 3.6% year-over-year increase and 20.4% higher than the total reported in February.
The $238.2 million in iGaming contributions was a massive $47 million (24.7%) increase from March 2024's total. Online slot machines produced $179.5 million of this, a 32.5% year-over-year increase; online table games rose 5.8% to $56.2 million; and online poker revenue jumped 3.3% to $2.6 million.
However, the record was cemented despite fleeting returns in sports betting.
The $27 million in gross gaming revenue across retail and online sports betting was down 40.7% from the $45.6 million reported the year prior. That’s despite the $842.9 million handle reported last month beating the $800.7 million amount from 2024 by 5.3%.
Pennsylvania bettors also showed increasing fondness for mobile sports betting. 95.7% of handle came from online as opposed to retail sportsbooks, compared to 94.8% a year ago.
Retail slot machine gaming revenue took a slight year-over-year hit with the adjusted total falling 2.4% from $227.9 million to $222.5 million. Table games and video game terminal revenue were also down, while daily fantasy sports wagering rose 6.9% to $1.2 million.
Sports betting operators deliver… kind of
| Platform | Revenue | Handle |
|---|---|---|
| FanDuel (Valley Forge) | $9.4 million | $328.6 million |
| DraftKings (Hollywood Casino Meadows) | $8.8 million | $209.2 million |
| BetMGM (Hollywood Casino Morgantown) | $1.9 million | $78.2 million |
| ESPN Bet (Hollywood Casino at Penn National) | $1.5 million | $35.1 million |
| BetRivers (Rivers Pittsburgh) | $1.2 million | $26.3 million |
| Parx (Parx Casino) | $1.1 million | $15.7 million |
| Fanatics (Hollywood Casino York) | $1.1 million | $58.9 million |
FanDuel and Valley Forge Casino Resort locked down the state market's top spot with $9.4 million in revenue based on a $328.6 million handle. However, that total wasn’t even 40% of the amount reported a year before.
DraftKings and Hollywood Casino at the Meadows took home the silver medal with $8.8 million in income and $209.2 million in betting handle. BetMGM and Hollywood Casino Morgantown also made the podium with $1.9 million in profit and a $78.2 million handle.
ESPN Bet and Hollywood Casino at Penn National just missed out on the top three spots with $1.5 million in revenue from a $35.1 million handle. Notably, their 4.27% hold was higher than all three operators with greater revenue totals.
BetRivers and Rivers Casino Pittsburgh were next in line with $1.2 million in income and a $26.3 million handle. Their 4.56% hold also beat the above platforms.
Parx Casino made $1.1 million from $15.7 million in bets, giving it the highest hold of the month (7%) among all operators with at least $1 million in revenue.
Fanatics and Hollywood Casino York were the final operators to meet the eight-figure minimum with $1.1 million in profit and a $58.9 million handle.
