Pennsylvania Sets Record With $7 Billion in FY 2025/26 Gaming Revenue

Grant Mitchell
By: Grant Mitchell
Financial News
Pennsylvania Regulator Confirms Record-Setting Gaming Year

Photo by Wikimedia Commons, CC0 1.0

Key Takeaways

  • Sports betting was up 36% to $662.9 million during the fiscal year
  • iGaming produced the largest chunk of revenue at $2.9 billion
  • June’s combined gaming revenue was down 1.7% YoY at $536.2 million

Pennsylvania’s gambling industry generated a record $7 billion during the state’s 2025/26 fiscal year (FY 25/26), a near 10% year-over-year improvement on FY 24/25.

The  Pennsylvania Gaming Control Board confirmed that its operators — across retail casinos, online casinos, sportsbooks, truck stop slot machines, and fantasy sports contests — produced $7,005,987,435 in gross gaming revenue (GGR) for the yearly period. 18.4% year-over-year growth in iGaming produced the largest chunk of that, hitting over $2.9 billion. 

Sports betting, primarily conducted online, swelled 36% to $662.9 million for the fiscal year, which ended on June 30, 2026.

Setting records

Pennsylvania generated the second-most gaming revenue of all states during the 2025 calendar year, according to Statista. Only Nevada’s iconic market was responsible for a larger figure, although it was still more than twice as large as Pennsylvania’s.

The Quaker state’s closest competition was New Jersey, which had a near-$7 billion total. That was 9.5% behind Pennsylvania’s $7.7 amount.

One of the biggest reasons behind Pennsylvania’s success is its openness to gambling operators. It is only one of seven states with legal and live online casinos to complement its retail facilities, which offer the customary slots, live-dealer table games, poker, blackjack, baccarat, and other amenities. That’s in addition to its sports options.

Even more impressive than Pennsylvania’s massive gaming market is its contributions to the state. The PGCB shared that gambling operations created $3.1 billion in taxes and fees that went to the state. This supply was allocated to efforts including property tax reduction, horse racing support, community grants, economic development projects, and job creation.

To put that in perspective, operators paid just about as much in taxes as they generated in combined revenue ($3.2 billion) during the first fiscal year with legal sports betting and iGaming in FY 17/18.

File:Valley Forge Casino Resort.jpg - Wikimedia Commons
Valley Forge Casio

June financial details

Despite Pennsylvania’s extraordinary fiscal year, its gaming market slowed in June. The PGCB reported on Friday that monthly revenue of $536.2 million was down 1.7% YoY.

Hollywood Casino at Penn National led the way with $110.3 million, 14.5% ahead of its 2025 monthly total. Valley Force Casino Resort was next up with $88.6 million, which was down 5.2% YoY, and Rivers Casino Philadelphia generated $55.4 million, up 3.6% YoY.

Overall slot machine revenue tumbled 1.3% to $196.6 million. But while retail struggled, iGaming flourished.

Monthly online casino revenue grew 14.1% on its June 2025 total to $242.5 million. Retail and online sportsbooks combined to produce $535.3 million in revenue, down 1.7% YoY.

The monthly overall tax total finished at $234.4 million, cementing the record-setting fiscal year.

With another six months ahead, Pennsylvania is in a strong position to challenge for its calendar-year revenue record.

Grant is an industry news expert who covers legislative news, financial updates, and general industry trends. As a veteran of the gambling industry, Grant has experience in the world of casinos, sports betting, and iGaming. As a former long-distance runner, he knows a thing or two about persistence and consistently holding himself to a high standard.

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