The 2024–2025 fiscal year saw a record high in gaming revenues from casinos, iGaming, sports betting, video gaming terminals, and fantasy sports, according to a report released this week by the Pennsylvania Gaming Control Board (PGCB).

Between July 1, 2024, and June 30, 2025, gamblers lost around $6.4 billion ($6,394,641,819), according to the PGCB.  Except for the state-run lottery, parimutuel betting, and charitable gaming, the state gaming agency is responsible for overseeing all commercial gambling activities in the commonwealth.

According to the PGCB, nearly $2.8 billion in state and local taxes were collected from the record gaming earnings.  This surpasses the previous record for gaming tax revenue, which was reached during the fiscal year 2023–2024 and brought in over $2.54 billion.

Pennsylvania's gaming taxes fund a number of initiatives, such as the commonwealth's General Fund, the agricultural sector, state, county, and local economic development projects, and the decrease of school property taxes. 

iGaming Drives Development 

Slot machines and table games at physical casinos generated $3.36 billion in gross gaming revenue (GGR).  That represented a decrease of 0.8%, or roughly $27.2 million, from the fiscal year 2023–2024.

Additionally, sports betting revenue was essentially flat.  About $487.6 million of the wagers were retained by the oddsmakers from their retail and mobile businesses, a slight increase of 0.2% from the previous year.

At 0.7%, revenue from video gambling terminals located in some diesel truck stops increased by less than 1%.  $41.4 million in player funds were retained by the slot-like games, an increase of roughly $287K over the previous fiscal year.

Additionally, fantasy sports were flat, with online competition costs dropping from $128K to $19.1M.

Further expansion of the Pennsylvania gambling business occurred online.  GGR from online slots and table games, including poker, or iGaming revenue, increased by 27% from $1.95 billion to $2.47 billion.

Only seven states allow gambling at internet casinos, and Pennsylvania is one of them.  West Virginia, Delaware, Michigan, New Jersey, Rhode Island, and Connecticut are the others.

Gaming revenue from online sweepstakes sites such as Chumba Casino is not included in Pennsylvania's iGaming revenue total.  Critics have branded the contentious websites and apps as unregulated, unlawful forms of online casino gambling since they let users to wager with sweeps coins, a secondary digital currency, despite their claims to offer social games. 

Revenue for June

This week, the PGCB announced its June gaming income along with the fiscal numbers for 2024–2025.  The total gaming win in the state increased by more than 15% to $544.6 million.  With interactive table games up 22% to $47.6 million and online slots up 36% to $162.2 million, iGaming maintained its lead in the rally.

While felt saw holds up 1.5% to $162.2 million, players' bets on physical slot machines remained at $199.2 million, down nearly 1% from June 2024.

Since Governor Josh Shapiro (D) signed the Multi-State Internet Gaming Agreement (MSIGA) in April, online poker has continued to advance.  Pennsylvanians can now play poker online at the same tables as players in New Jersey, Nevada, Delaware, West Virginia, and Michigan thanks to the deal.

June saw a 23% increase in online poker revenue to almost $2.7 million.