In the year '24-'25, Pennsylvania surpassed previous records, generating a notable amount in gambling revenue.
In a groundbreaking announcement, the Pennsylvania Gaming Control Board has reported a record-breaking total of $6.4 billion in revenue for the state's commercial casinos, igaming, and sports betting industries. This figure marks a significant leap from the previous July high of $557 million, indicating a robust growth in the sector.
The $6.4 billion revenue total, which exceeds the previous high by more than eleven times, was reported for the 2024-2025 fiscal year. The fiscal calendar for Pennsylvania, also known as the Keystone State, runs from July 1st to June 30th.
The record-breaking revenue total includes contributions from all 22 online casinos in Pennsylvania, land-based casinos, and daily fantasy bets like FanDuel and DraftKings. The 22 PA online casinos generated over $2.4 billion for the 2024-2025 fiscal year, a figure that represents more than 27% growth compared to the 2023-2024 mark.
Retail and online sportsbooks also contributed to the impressive revenue total, though the specific names of the 22 online casinos generating over $2.4 billion in revenue during the said period were not provided in the available search results.
Dane Terrell of Advance Local reported this record-breaking revenue total, emphasizing the significant impact of the gambling industry on Pennsylvania's economy. The total revenue for the 2024-2025 fiscal year is more than $2.5 billion higher than the total for the 2023-2024 year, underscoring the industry's steady growth.
This $6.4 billion revenue total is the highest ever reported for Pennsylvania gambling, a testament to the state's thriving gambling sector. As the industry continues to evolve, it is expected that these figures will continue to rise, contributing significantly to Pennsylvania's economic growth.
