Pennsylvania Gaming Revenue Tops $7 Billion in FY 2025-26
Pennsylvania Gaming Revenue Surpasses $7 Billion in Fiscal Year 2025-26 – Online Casino and Sports Betting Drive Record Results
Key Takeaways
- Pennsylvania’s regulated gaming revenue reached $7.01 billion in fiscal year 2025-26, up from $6.39 billion a year earlier.
- The state collected a record $3.09 billion in gaming taxes and fees.
- iGaming revenue rose 18.4% to $2.93 billion, remaining the largest growth driver.
- Sports wagering revenue increased 35.95% to $662.9 million, despite a decline in total handle.
- Retail slot revenue remained broadly flat at $2.44 billion, while table games revenue fell 2.15% to $908.9 million.
Record Revenue Across Regulated Gaming Segments
Pennsylvania’s regulated gaming market generated $7.01 billion in gross revenue during the fiscal year ended June 30, 2026, marking the first time the state has exceeded the $7 billion threshold. According to figures released by the Pennsylvania Gaming Control Board, the total represents an increase from $6.39 billion in the previous fiscal year.
The total combines revenue from slot machines, table games, iGaming, sports wagering, video gaming terminals, and fantasy sports contests. The reported figures remain subject to potential adjustments by the Pennsylvania Department of Revenue.
In parallel with revenue growth, the state collected $3.09 billion in taxes and fees from regulated gaming activities. This includes $110 million in slot machine licence operation fees that are directed toward local share accounts. Gaming tax revenue supports school property tax relief, state and local economic development projects, public safety initiatives, agricultural programs including horse racing, municipal and county grants, and contributions to Pennsylvania’s General Fund.
iGaming Remains the Primary Growth Engine
Online casino gaming continued to expand and remained the largest contributor to revenue growth. iGaming revenue rose 18.4% year on year to reach a record $2.93 billion, compared with $2.48 billion in fiscal year 2024-25.
Hollywood Casino at Penn National maintained its position as the state’s largest iGaming operator, generating $1.13 billion in revenue. Valley Forge Casino Resort followed with $811.8 million in online casino revenue.
For users of regulated online platforms, these figures underline the central role of digital channels in Pennsylvania’s gaming market. iGaming now represents a substantial share of overall gaming revenue in the state and continues to outpace land based segments in terms of growth rate.
Sports Wagering Revenue Climbs Despite Lower Handle
Sports betting revenue also reached a new fiscal year record. Revenue increased 35.95% to $662.9 million. This growth occurred even though the statewide betting handle declined to $8.45 billion, down from $8.72 billion in the prior fiscal year.
Valley Forge Casino Resort led the sports wagering segment with $272.6 million in revenue. Hollywood Casino at the Meadows reported $189.9 million. Hollywood Casino York recorded one of the sharpest increases in the market, with sports betting revenue rising by nearly 287.55% compared with the previous year.
The divergence between declining handle and rising revenue indicates that operators generated higher gross revenue from a smaller overall betting volume. The data released by the regulator does not provide further breakdowns, but the figures confirm that sports wagering remains a significant and growing component of Pennsylvania’s regulated gaming framework.
Land Based Gaming Shows Mixed Performance
Retail slot machines, the largest land based gaming segment in Pennsylvania, produced $2.44 billion in revenue. This marks a marginal increase of 0.02% compared with the previous fiscal year, indicating a largely stable performance.
Parx Casino remained the top performing slot operator with $375.1 million in slot revenue, despite reporting a slight year on year decline.
In contrast, retail table games revenue decreased by 2.15% to $908.9 million. Wind Creek Bethlehem led this segment with $239.9 million in revenue, followed by Parx Casino at $196.4 million.
The data shows that while online segments are expanding, land based gaming continues to represent a substantial share of total revenue, even as growth remains limited or negative in certain categories.
Video Gaming Terminals and Fantasy Sports Results
Revenue from video gaming terminals installed at truck stops increased by 0.55% to $41.6 million. The number of operating VGT locations rose to 75, compared with 73 a year earlier.
Fantasy sports contests generated $18.0 million in revenue, representing a 5.79% decline from the previous fiscal year. DraftKings remained the largest fantasy sports operator in the state with $12.48 million in revenue, followed by FanDuel with $3.08 million.
Although these segments account for a smaller portion of overall gaming revenue, they form part of the diversified structure of Pennsylvania’s regulated market.
Our Assessment
Pennsylvania’s fiscal year 2025-26 results show total regulated gaming revenue exceeding $7 billion for the first time, with record tax collections of $3.09 billion. Growth was primarily driven by iGaming and sports wagering, both of which reached new highs. At the same time, retail slots remained stable and table games declined modestly. The figures highlight the increasing weight of online gambling within the state’s overall gaming revenue mix, while land based operations continue to contribute significant absolute revenue levels.
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