{"id":842598,"date":"2025-04-21T21:12:17","date_gmt":"2025-04-22T02:12:17","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/21\/pennsylvania-gambling-revenue-up-in-january-despite-sports-betting-decline\/"},"modified":"2025-04-21T21:12:17","modified_gmt":"2025-04-22T02:12:17","slug":"pennsylvania-gambling-revenue-up-in-january-despite-sports-betting-decline","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/21\/pennsylvania-gambling-revenue-up-in-january-despite-sports-betting-decline\/","title":{"rendered":"Pennsylvania gambling revenue up in January despite sports betting decline"},"content":{"rendered":"

Gambling revenue in Pennsylvania increased 10.9% year-on-year during January despite the state\u2019s sports betting market reporting further declines.<\/strong><\/p>\n

\n

Total market revenue in January amounted to $529.1 million (\u00a3417.8 million\/\u20ac504.7 million). This, according to figures published yesterday (20 February)<\/a> by the Pennsylvania Gaming Control Board, surpasses $477.2 million in January 2024<\/a>.<\/p>\n

This total does, however, fall 0.8% short of the $533.1 million generated in December<\/a>.<\/p>\n

Online gambling the star of the show in Pennsylvania<\/h2>\n

Starting with online gambling, revenue here climbed 40.5% year-on-year to $210.2 million. This, however, falls short of the record $223.6 million reported in December last year<\/a>.<\/p>\n

Online slots drew the most revenue in this sector, with the $158.6 million being 44.2% ahead of last year. Internet table games revenue also climbed 32.7% to $48.9million, although online poker revenue dipped 2.3% to $2.6 million.<\/p>\n

Spending-wise, consumers wagered some $4.23 billion on online slots during the month. A further $2.92 billion was bet on table games, while online poker spend was not revealed.<\/p>\n

Hollywood Casino at Penn National remains the igaming market leader by some distance. In January, revenue hit $79.7 million, up 57.9% from last year.<\/p>\n

Valley Forge Casino again ranked second with $57.6 million, an increase of 38.5%. Rivers Casino Philadelphia took third with $35.4 million, a rise of 19.8%.<\/p>\n

Sports betting revenue down again<\/h2>\n

Looking now to sports betting, the market saw revenue fall for a second consecutive month. Revenue here reached $51.5 million, down 26.4% year-on-year. This reflects a wider trend in the industry, with several states reporting similar declines in January due to customer-friendly sports results.<\/p>\n

Online sports betting revenue topped $49.2 million during the month, with retail revenue at $2.3 million.<\/p>\n

In terms of spending, total handle for January was $873.1 million, up 1.8% from last year. This includes $830.4 million in online spend and $42.8 million at retail sportsbooks.<\/p>\n

This resulted in a state-wide hold of 5.90%.<\/h2>\n

As for operators, FanDuel and partner Valley Forge Casino Resort continue to lead the sector. Taxable revenue totalled $28.8 million and handle came to $342.3 million, leaving an 8.41% hold.<\/p>\n

DraftKings and Hollywood Casino at the Meadows were again second, taking $15.0 million off $221.0 million. This resulted in a hold of 6.79%. BetMGM and partner Hollywood Casino Morgantown had a better month, moving up to third with $3.4 million off $68.7 million for a 4.95% hold.<\/p>\n

Picking out some of the other operators in Pennsylvania, Parx Casino and Kambi posted $1.1 million in revenue off an $18.7 million handle for a 5.88% hold. ESPN Bet and Hollywood Casino York, which ranked third in December, posted a $1.8 million loss.<\/p>\n

Land-based growth in Pennsylvania<\/h2>\n

Looking elsewhere in the state, all core land-based gambling sectors were up in January.<\/p>\n

Slot machine revenue climbed 4.6% to \u20ac187.8 million, while table games revenue edged up 1.5% to $73.7 million. Video gaming terminals revenue also climbed 4.5% to $3.2 million.<\/p>\n

Meanwhile, fantasy sports revenue was 8.9% higher year-on-year at $2.7 million.<\/p>\n

As for tax, the monthly total for January was $221.6 million. Of this, $93.9 million came from igaming, $51.5 million sports betting, $94.8 million land-based slots and $12.3 million table games. The remaining tax was spread across video gaming terminals and fantasy sports.<\/p>\n<\/p><\/div>\n

Robert Fletcher
Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Gambling revenue in Pennsylvania increased 10.9% year-on-year during January despite the state\u2019s sports betting market reporting further declines. Total market revenue in January amounted to $529.1 million (\u00a3417.8 million\/\u20ac504.7 million). This, according to figures published yesterday (20 February) by the Pennsylvania Gaming Control Board, surpasses $477.2 million in January 2024. This total does, however, fall<\/p>\n","protected":false},"author":1,"featured_media":842599,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31800,4432],"tags":[11082,8399],"class_list":{"0":"post-842598","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gambling","8":"category-pennsylvania","9":"tag-gambling","10":"tag-pennsylvania"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/842598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=842598"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/842598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/842599"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=842598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=842598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=842598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}