{"id":178373,"date":"2025-02-28T15:40:49","date_gmt":"2025-02-28T18:40:49","guid":{"rendered":"https:\/\/igamingbrazil.com\/uncategorized\/2025\/02\/28\/pennsylvania-betting-market-moves-more-than-half-a-billion-dollars-in-january\/"},"modified":"2025-02-28T15:43:15","modified_gmt":"2025-02-28T18:43:15","slug":"pennsylvania-betting-market-moves-more-than-half-a-billion-dollars-in-january","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/online-en\/2025\/02\/28\/pennsylvania-betting-market-moves-more-than-half-a-billion-dollars-in-january\/","title":{"rendered":"Pennsylvania betting market moves more than half a billion dollars in January"},"content":{"rendered":"\n

The Pennsylvania Gaming Control Board<\/strong> released the state’s financial results for the gaming market in January 2025, iGaming<\/a> was highlighted<\/strong>.<\/p>\n\n\n\n

In total, revenue for the month reached US$529.1 million<\/strong>, an increase of 10.9% compared to 2024. By operator, the biggest winner was the Valley Forge Casino<\/a> Resort, with US$97.8 million, an increase of 6.5% for the year. By gaming segment, the biggest highlight was retail slots, with US$187.8 million, an increase of 4.6%.<\/p>\n\n\n\n

Revenue by Segment in Pennsylvania \u2013 iGaming<\/h2>\n\n\n\n

According to the Pennsylvania Gaming Control Board<\/a>, casino<\/a> games offered online in Pennsylvania, which include online slots, tables and poker, brought in a total of $210.2 million in January.<\/p>\n\n\n\n

Of these, online slots generated US$158.6 million<\/strong>, a considerable increase of 44.2%; more than any other gaming segment in the Keystone State.<\/p>\n\n\n\n

Earning the most in slots and table games, and the second largest in online poker, Hollywood Casino<\/a><\/strong> at Penn National Race Course reported the highest combined iGaming<\/a> revenue in Pennsylvania in January, earning $79.7 million, an increase of 57.9%.<\/p>\n\n\n\n

This was also the second highest growth rate for the year among operators, with Golden Nugget coming out on top with revenue up 251.7% \u2014 even though its revenue only totaled $7.3 million.<\/p>\n\n\n\n

Valley Forge Casino<\/a> Resort was the second biggest earner from iGaming<\/strong>. With US$41.4 million in slots and US$16.2 million in tables, it generated a total of US$57.6 million, an increase of 38.5%.<\/p>\n\n\n\n

iPoker’s biggest winner in January was Mount Airy Casino Resort, which raised $1.4 million. This represented 36% of the operators’ total US$3.8 million.<\/p>\n\n\n\n

26% drop in sports betting<\/h2>\n\n\n\n

Sports betting<\/a> revenue reached $51.5 million, down 26.4% compared to 2024. This was the most significant reduction in revenue among gaming verticals in the Keystone State.<\/p>\n\n\n\n

Of that total, $49.2 million came from online sports betting<\/a>, while the remaining $2.3 million came from retail betting. Furthermore, Valley Forge Casino Resort was the highest earner in this segment in January, earning US$28.8 million.<\/p>\n\n\n\n

In fact, most sports betting<\/a> operators reported year-over-year revenue declines, with just three operators, all of whom earned a combined total of less than $1 million, pointing to growth.<\/p>\n\n\n\n

Of the five operators that recorded more than $1 million in combined revenue, Parx Casino faced the steepest decline, down 35.2% to $1.1 million. On the other hand, the smallest reduction among the five was recorded by Hollywood Casino Morgantown, down 3.7% to US$3.4 million.<\/p>\n\n\n\n

Revenue per operator<\/strong> in Pennsylvania<\/h2>\n\n\n\n

1 – Valley Forge Casino Resort – US97,8 milh\u00f5es<\/p>\n\n\n\n

2 – Hollywood Casino on Penn National Race Course – US$ 92,7 milh\u00f5es<\/p>\n\n\n\n

3 – Rivers Casino Philadelphia – US$ 51,2 milh\u00f5es<\/p>\n\n\n\n

In terms of growth, the biggest jump in year-over-year revenue was reported by Golden Nugget. With revenue rising from $2.1 million to $7.4 million, an increase of 251.7%. The second highest growth rate came from Presque Isle Downs and Casino at 55.8%, earning $9.3 million.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Pennsylvania Gaming Control Board released the state’s financial results for the gaming market in January 2025, iGaming was highlighted. 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