{"id":41822,"date":"2025-11-22T18:10:08","date_gmt":"2025-11-22T18:10:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/41822\/"},"modified":"2025-11-22T18:10:08","modified_gmt":"2025-11-22T18:10:08","slug":"pennsylvania-latest-to-post-record-icasino-revenue-in-october","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/41822\/","title":{"rendered":"Pennsylvania latest to post record iCasino revenue in October"},"content":{"rendered":"

The sports betting handle in Pennsylvania also reached an all-time high last month. <\/p>\n

Revenue in Pennsylvania from online casino operators reached a record $251.1 million during October, while the state also saw sports betting revenue rocket 121.7% year-on-year after handle hit an all-time high.<\/p>\n

Gross gambling revenue in Pennsylvania from all types of commercial gaming reached $597 million in October, according to the Pennsylvania Gaming Control Board (PGCB)<\/a>. This surpassed the same month last year<\/a> by 20.2% and was 11.4% higher than this September<\/a>.<\/p>\n

While record iGaming revenue was the headline figure in the month, the sports betting haul also turned heads. This followed a disappointing September when sports betting revenue fell to a six-month low.<\/p>\n

Pennsylvania iCasino revenue jumps 32.8%<\/p>\n

Starting with online casinos, revenue in this segment was 32.8% higher year-on-year. It was also a new state record, surpassing the previous all-time high \u2013 $238.2 million in March 2025<\/a> \u2013 by 5.4%.<\/p>\n

Of this, $190.8 million came from online slots, 35.5% ahead of the previous year. Internet table games revenue climbed 25.7% to $57.7 million and online poker revenue was 13.6% higher at $2.5 million.<\/p>\n

Hollywood Casino at Penn National Race Course and its online gaming partners again led the market. Their monthly revenue reached $98.7 million, up 42.2% from last year.<\/p>\n

Valley Forge Casino Resort and partners remained second with $71.4 million, 37.5% ahead of October 2024. 40.8%. Rivers Casino Philadelphia completed the top three with $38.2 million, an increase of 15%.<\/p>\n

Pennsylvania was not the first state to report record revenue from the online sector in October. Both New Jersey<\/a> and Michigan<\/a> saw revenue reach new heights during the month.<\/p>\n

Record handle drives sports betting recovery<\/p>\n

Turning to sports betting, revenue more than doubled year-on-year during October to $60.7 million. This included $56.2 million from online betting and a further $4.5 million from retail sportsbooks across Pennsylvania.<\/p>\n

This was helped by player spending reaching a record $968.5 million. This beat the previous high of $935.5 million in November 2024<\/a> and was ahead of October last year by 9%. Last month, $926.1 million was bet online and $42.4 million at retail locations.<\/p>\n

As such, monthly hold for the state stood at 6.27%.<\/p>\n

Looking to operators, DraftKings and Hollywood Casino at the Meadows climbed into top spot in October by posting $21.8 million off a $300.1 million handle, resulting in a 7.26% hold.<\/p>\n

FanDuel and Valley Forge Casino Resort, which typically lead, slipped to second. With $18.2 million in revenue from $357.6 million in bets, this left a hold of 5.09%. BetMGM and Hollywood Casino Morgantown remained third with $4 million off a $59.6 million handle for a hold of 6.71%.<\/p>\n

Land-based slots remain king in Pennsylvania<\/p>\n

While expansion within the iGaming market shows no signs of slowing in Pennsylvania, land-based slots remain a key source of gambling revenue. In October, revenue in this sector was 1.4% higher year-on-year at $203.5 million.<\/p>\n

Retail table games revenue edged up 3% to $76.1 million but video gaming terminal dipped 1% to $3.5 million. The PGCB also noted a 1.1% drop in sports fantasy contest revenue to $2.1 million.<\/p>\n

In terms of tax for state and local governments, $252.3 million was collected during the month. Of this, online casinos provided $112.7 million, sports betting $21.8 million, land-based slots $102.8 million and retail table games $12.8 million.<\/p>\n","protected":false},"excerpt":{"rendered":"The sports betting handle in Pennsylvania also reached an all-time high last month. Revenue in Pennsylvania from online…\n","protected":false},"author":2,"featured_media":41823,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[28,9414,30,29,9415],"class_list":{"0":"post-41822","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-pennsylvania","8":"tag-pennsylvania","9":"tag-pennsylvania-gaming-control-board","10":"tag-pennsylvania-headlines","11":"tag-pennsylvania-news","12":"tag-pgcb"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/41822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=41822"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/41822\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/41823"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=41822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=41822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=41822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}