PRESS RELEASE
Revenue crosses the $6 billion mark for the first time during a calendar year.
HARRISBURG, PA: Fueled by an increase of over 25% in iGaming revenue over the previous year, the Pennsylvania Gaming Control Board (PGCB) is reporting that 2024 combined gaming revenue achieved a record high and for the first time crossed the $6 billion mark during a calendar year.
The 2024 combined revenue figure reported by the PGCB is $6,137,414,455 and is 7.73% above the 2023 combined revenue amount of $5,697,218,115.
The figure consists of the combined revenue of slot machines, table games, sports wagering, iGaming, video gaming terminals (VGTs) and fantasy contests.
The resulting tax revenue, along with the annual slot machine license operation fee*, was $2,663,575,443 in 2024 through these forms of gaming. This represents the highest amount of revenue returned to the Commonwealth in a calendar year besting the $2,454,273,306 generated in 2023. Tax revenue figures reflect amounts generated prior to any adjustments by the PA Department of Revenue.
A comparison of combined revenue is below:
|
Year |
Slot Machine Revenue |
Table Games Revenue |
iGaming Revenue |
Sports Wagering Revenue |
VGT’s Revenue |
Fantasy Sports Contests |
Total Gaming Revenue |
|
2014 |
$2,319,534,380 |
$749,543,217 |
|
|
|
|
$3,069,077,597 |
|
2015 |
$2,365,651,659 |
$808,137,112 |
|
|
|
|
$3,173,788,771 |
|
2016 |
$2,360,184,122 |
$853,238,055 |
|
|
|
|
$3,213,422,178 |
|
2017 |
$2,336,212,902 |
$890,704,254 |
|
|
|
|
$3,226,917,156 |
|
2018 |
$2,369,885,203 |
$878,796,174 |
|
$2,516,589 |
|
$15,309,615 |
$3,266,507,581 |
|
2019 |
$2,363,085,678 |
$903,594,181 |
$33,599,749 |
$84,112,967 |
$2,329,540 |
$25,872,124 |
$3,412,594,239 |
|
2020 |
$1,355,924,785 |
$504,309,266 |
$565,776,908 |
$189,703,465 |
$16,647,898 |
$21,148,707 |
$2,653,511,029 |
|
2021 |
$2,287,529,465 |
$924,902,965 |
$1,112,855,937 |
$340,113,160 |
$39,852,039 |
$29,298,635 |
$4,734,552,201 |
|
2022 |
$2,390,757,300 |
$990,568,468 |
$1,364,392,468 |
$401,208,108 |
$42,079,447 |
$22,329,896 |
$5,211,335,687 |
|
2023 |
$2,463,698,452 |
$971,742,564 |
$1,741,832,079 |
$458,616,339 |
$41,237,349 |
$20,091,332 |
$5,697,218,115 |
|
2024 |
$2,447,354,419 |
$937,479,260 |
$2,181,669,449 |
$510,716,858 |
$41,525,888 |
$18,668,580 |
$6,137,414,455 |
*The 11 category 1 and 2 casinos pay a $10 million annual slot machine license operation fee which goes to the Local Share fund
Retail Slot Machine Revenue
Gross revenue from slot machines at the casinos was $2,447,354,419, a 0.66% decrease in revenue when compared to the $2,463,698,452 generated in 2023.
Slot machine revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:
|
Retail Slot Machine Revenue by Operator |
Slot Machine Revenue 2024 |
Slot Machine Revenue 2023 |
% Change |
|
Parx Casino |
$375,213,611 |
$386,218,372 |
-2.85% |
|
Wind Creek Bethlehem |
$286,689,072 |
$285,056,051 |
0.57% |
|
Rivers Casino Pittsburgh |
$262,973,224 |
$267,307,816 |
-1.62% |
|
Mohegan Pennsylvania |
$176,773,376 |
$182,550,997 |
-3.16% |
|
Hollywood Casino at The Meadows |
$165,651,289 |
$166,843,576 |
-0.71% |
|
Mount Airy Casino Resort |
$153,825,183 |
$157,482,102 |
-2.32% |
|
Live! Casino Philadelphia |
$152,350,960 |
$136,859,716 |
11.32% |
|
Rivers Casino Philadelphia |
$135,731,837 |
$136,848,518 |
-0.82% |
|
Hollywood Casino at Penn National |
$135,332,819 |
$145,034,011 |
-6.69% |
|
Harrah's Philadelphia Casino |
$106,712,528 |
$117,428,469 |
-9.13% |
|
Valley Forge Casino Resort |
$103,865,163 |
$104,254,611 |
-0.37% |
|
Live! Casino Pittsburgh |
$101,743,897 |
$98,425,413 |
3.37% |
|
Presque Isle Downs and Casino |
$87,533,782 |
$91,740,821 |
-4.59% |
|
Hollywood Casino York |
$82,379,567 |
$80,359,190 |
2.51% |
|
Hollywood Casino Morgantown |
$60,641,130 |
$57,167,984 |
6.08% |
|
Parx Shippensburg |
$36,388,858 |
$29,839,675 |
21.95% |
|
The Casino at Nemacolin |
$23,548,123 |
$20,281,129 |
16.11% |
|
Statewide Total |
$2,447,354,419 |
$2,463,698,452 |
-0.66% |
Retail Table Games Revenue
2024 revenue from table games at the casinos was $937,479,260, a 3.53% decrease in revenue when compared to the $971,742,564 generated in 2023.
Table games revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:
|
Retail Table Games Revenue by Operator |
2024 Table Games Revenue |
2023 Table Games Revenue |
% Change |
|
Wind Creek Bethlehem |
$248,365,912 |
$241,267,937 |
2.94% |
|
Parx Casino |
$194,581,780 |
$202,031,523 |
-3.69% |
|
Live! Casino Philadelphia |
$106,788,180 |
$108,433,121 |
-1.52% |
|
Rivers Casino Philadelphia |
$87,019,765 |
$91,606,507 |
-5.01% |
|
Rivers Casino Pittsburgh |
$73,589,245 |
$87,238,526 |
-15.65% |
|
Valley Forge Casino Resort |
$35,231,084 |
$33,241,984 |
5.98% |
|
Mount Airy Casino Resort |
$34,492,722 |
$35,690,335 |
-3.36% |
|
Mohegan Pennsylvania |
$28,785,802 |
$28,599,425 |
0.65% |
|
Hollywood Casino at The Meadows |
$26,590,150 |
$28,144,074 |
-5.52% |
|
Hollywood Casino at Penn National |
$24,529,230 |
$26,748,039 |
-8.30% |
|
Harrah's Philadelphia Casino |
$23,340,773 |
$30,539,792 |
-23.57% |
|
Live! Casino Pittsburgh |
$14,478,689 |
$16,269,853 |
-11.01% |
|
Hollywood Casino York |
$13,507,429 |
$16,601,578 |
-18.64% |
|
Presque Isle Downs and Casino |
$12,900,369 |
$12,563,458 |
2.68% |
|
Hollywood Casino Morgantown |
$9,977,998 |
$9,614,092 |
3.79% |
|
The Casino at Nemacolin |
$2,426,229 |
$2,032,719 |
19.36% |
|
Parx Shippensburg |
$873,904 |
$1,119,603 |
-21.95% |
|
Statewide Total |
$937,479,260 |
$971,742,564 |
-3.53% |
iGaming Revenue
2024 revenue for iGaming was $2,181,669,449 a 25.25% increase in revenue when compared to the $1,741,832,079 generated in 2023.
iGaming revenue for each of the providers is as follows:
|
Casino Operator |
2024 Revenue |
2023 Revenue |
% Change |
|
Hollywood Casino at Penn National |
$820,690,269 |
$712,412,997 |
15.20% |
|
Valley Forge Casino Resort |
$573,536,378 |
$392,653,074 |
46.07% |
|
Rivers Casino Philadelphia |
$379,591,886 |
$340,337,719 |
11.53% |
|
Harrah’s Philadelphia |
$110,416,250 |
$74,330,468 |
48.55% |
|
Golden Nugget |
$61,297,169 |
$14,859,720 |
312.51% |
|
Parx Casino |
$56,944,871 |
$58,370,717 |
-2.44% |
|
Live! Philadelphia |
$47,495,798 |
$40,014,407 |
18.70% |
|
Mount Airy Casino Resort |
$45,211,595 |
$52,064,540 |
-13.16% |
|
Bally's Pennsylvania |
$42,217,998 |
$12,320,387 |
242.67% |
|
Wind Creek Bethlehem |
$20,457,137 |
$22,556,184 |
-9.31% |
|
Mohegan Pennsylvania |
$16,692,512 |
$21,718,846 |
-23.14% |
|
Presque Isle Downs and Casino |
$7,117,585 |
$193,019 |
3587.50% |
|
Statewide Total |
$2,181,669,449 |
$1,741,832,079 |
25.25% |
Sports Wagering Revenue
2024 revenue from sports wagering was $510,716,858, a 11.36% increase in revenue when compared to the $458,616,339 generated in 2023. Sports wagering handle, the amount wagered through both retail and online, was $8.42 billion, a 9.62% increase over 2023’s handle of $7.68 billion.
Sports wagering revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:
|
Sports Wagering Revenue by Operator |
2024 Sports Wagering Revenue |
2023 Sports Wagering Revenue |
% Change |
|
Valley Forge Casino Resort |
$272,115,364 |
$233,592,241 |
16.49% |
|
Hollywood Casino at The Meadows |
$132,170,833 |
$121,111,146 |
9.13% |
|
Hollywood Casino Morgantown |
$21,299,804 |
$21,015,594 |
1.35% |
|
Hollywood Casino at Penn National |
$17,456,519 |
$4,292,804 |
306.65% |
|
Rivers Casino Pittsburgh |
$16,416,954 |
$16,945,639 |
-3.12% |
|
Parx Casino |
$14,992,977 |
$17,433,149 |
-14.00% |
|
Hollywood Casino York |
$10,183,317 |
$3,495,168 |
191.35% |
|
Harrah's Casino Philadelphia |
$8,892,998 |
$9,118,267 |
-2.47% |
|
Rivers Casino Philadelphia |
$8,524,445 |
$10,376,916 |
-17.85% |
|
Live! Casino Philadelphia |
$7,114,819 |
$6,984,563 |
1.86% |
|
Mohegan Pennsylvania |
$2,027,926 |
$3,202,067 |
-36.67% |
|
Mohegan Sun Lehigh Valley |
$1,383,378 |
$1,341,547 |
3.12% |
|
Live! Casino Pittsburgh |
$1,281,967 |
$1,752,446 |
-26.85% |
|
South Philly Race & Sportsbook |
$1,076,410 |
$2,388,985 |
-54.94% |
|
Wind Creek Bethlehem |
$748,062 |
$719,288 |
4.00% |
|
Mount Airy Casino Resort |
$506,477 |
$3,152,001 |
-83.93% |
|
Parx Casino Shippensburg |
$87,198 |
$87,708 |
-0.58% |
|
Presque Isle Downs and Casino |
-$5,562,591 |
$1,243,670 |
n/a |
|
Parx Malvern* |
n/a |
$363,139 |
n/a |
|
Statewide Total |
$510,716,858 |
$458,616,339 |
11.36% |
*Does not currently operate a Retail Sports Wagering facility; shut down operations August 2023
Video Gaming Terminals (VGTs)
2024 revenue for VGTs at Truck Stops was $41,525,888 a 0.70% increase in revenue when compared to the $41,237,349 generated in 2023. At the end of the year there were 74 VGT facilities in Pennsylvania.
VGT revenue for each of the operators, with the percentage change reflected over the previous year, is as follows:
|
VGT Terminal Operators |
2024 Revenue |
2023 Revenue |
% Change |
|
Marquee by Penn |
$27,074,774 |
$24,890,172 |
8.78% |
|
J&J Ventures Gaming |
$11,047,080 |
$12,192,106 |
-9.39% |
|
Jango |
$2,969,357 |
$4,086,993 |
-27.35% |
|
Venture Gaming LLC |
$346,324 |
$29,834 |
1060.86% |
|
Accel Entertainment Gaming LLC |
$88,352 |
$38,244 |
131.02% |
|
Statewide Total |
$41,525,888 |
$41,237,349 |
0.70% |
Fantasy Contests Revenue
2024 revenue from fantasy contests was $18,668,580, a 7.08% decrease in revenue when compared to the $20,091,332 generated in 2023.
Fantasy contests revenue for each of the providers, with the percentage change reflected over the previous year, is as follows:
|
Fantasy Contests Operator |
2024 Revenue |
2023 Revenue |
% Change |
|
DraftKings |
$13,111,532 |
$13,948,762 |
-6.00% |
|
FanDuel |
$3,410,703 |
$4,628,716 |
-26.31% |
|
UnderDog Sports |
$1,583,294 |
$801,894 |
97.44% |
|
Fantasy Football Players Championship |
$207,623 |
$289,321 |
-28.24% |
|
Yahoo Fantasy Sports |
$173,937 |
$228,250 |
-23.80% |
|
Sportshub Technologies |
$74,771 |
$81,481 |
-8.24% |
|
Fantasy Sports Gaming |
$73,302 |
$66,486 |
10.25% |
|
DataForce |
$35,986 |
$32,747 |
9.89% |
|
Jock MKR |
-$19 |
-$414 |
n/a |
|
OwnersBox |
-$2,550 |
-$3,727 |
n/a |
|
No House Advantage |
n/a |
$17,815 |
n/a |
|
Statewide Total |
$18,668,580 |
$20,091,332 |
-7.08% |
Breakdowns of revenue by types of gambling and by operator is available on the Board’s web site at this link.
About the Pennsylvania Gaming Control Board
The Pennsylvania Gaming Control Board is tasked to oversee all aspects of gambling involving 17 land-based casinos, online casino games, retail and online sports wagering, and Video Gaming Terminals (VGTs) at qualified truck stops, along with the regulation of online fantasy sports contests.
The land-based casino industry in Pennsylvania consists of six racetrack (Category 1) casinos, five stand-alone (Category 2) casinos, two resort (Category 3) casinos and four mini-casinos (Category 4). A significant job generator in the Commonwealth, casinos and the other types of Board-regulated gaming generated $2.54 billion in tax revenue in Fiscal Year 2023/24.
Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov.