Pennsylvania Gaming Revenue Soars Past $6 Billion Mark

Breaking: Pennsylvania Gambling Revenue Hits Historic $6 Billion Milestone

Pennsylvania’s gaming industry hit $5.89 billion in total revenue for 2023-2024, climbing 6.9% from last year’s numbers. The state collected $2.36 billion in tax revenue during this period, setting new records for the gaming market.

Digital wagering continues to gain popularity across the state, with one in five Pennsylvania adults now placing bets through online platforms.

We track gaming revenue across Pennsylvania’s casinos and online operators. Our latest report breaks down revenue figures by sector and shows exactly where these gaming dollars end up throughout the state.

Top Gaming Revenue Numbers

Pennsylvania’s gaming market reached new heights in 2024, with total revenue hitting $6.13 billion – up 7.72% from $5.69 billion last year.

Leading Revenue Streams

iGaming topped the charts at $2.18 billion, jumping 25.25% from 2023. Sports betting brought in $510.71 million, an 11.36% boost year-over-year. Total sports betting handle reached $8.42 billion in 2024, climbing 9.62% from $7.68 billion in 2023.

November 2024 set the monthly revenue record at $562.36 million, with standout numbers:

  • iGaming: $200.49 million (up 26.88% from November 2023)
  • Sports Betting Handle: $935.53 million
  • Online Casino Revenue: $223.60 million in December

#1 Rated Casinos

Valley Forge Casino Resort leads the pack with $102.50 million, followed by Hollywood Casino at Penn National Race Course at $90.40 million. Golden Nugget showed impressive growth, up 123% from November 2023.

Sports Betting Leaders

Eight months topped half a billion in revenue. Top operators for December 2023:

  1. FanDuel: $394.30 million handle, $39.10 million revenue
  2. DraftKings: $235.70 million handle
  3. ESPN Bet: $82.50 million handle

Pennsylvania now ranks #3 in U.S. gaming markets, behind only Nevada and New Jersey.

Gaming Tax Dollars at Work

We track every dollar from Pennsylvania’s record $2.66 billion gaming tax revenue in 2024, up from $2.45 billion in 2023. Here’s where the money goes:

Property Tax Relief

Pennsylvania homeowners see direct benefits through:

  • Lower school property taxes on primary homes
  • Extra relief for senior citizens through Property Tax and Rent Rebate Program

Jobs & Economic Growth

The gaming industry creates real opportunities across Pennsylvania:

  • 33,000+ total jobs statewide
  • $1.8 billion in wages
  • $6.3 billion total economic impact

Local Community Benefits

We’ve seen gaming facilities boost their host communities through:

  • New infrastructure
  • Community development
  • Safety programs
  • Recreation facilities

Agriculture Support

Horse racing and farming communities receive dedicated funding, protecting Pennsylvania’s agricultural heritage.

Charitable Giving

Pennsylvania casinos have donated $213 million to local causes since 2006:

  • Public safety groups
  • Student scholarships
  • Community service organizations
  • Parks improvements
  • Local assistance programs

The Commonwealth’s General Fund gets its share too, funding essential state programs. Our experts monitor these distributions, ensuring gaming revenue keeps working for Pennsylvania residents.

Pennsylvania Gaming Jobs & Business Growth

Our latest market analysis shows Pennsylvania’s gaming industry creating jobs and opportunities statewide. Local workers fill 89.8% of 16,000 direct casino jobs.

Jobs & Wages

The numbers tell the story:

  • $6.3 billion yearly economic impact
  • 33,000 total jobs across Pennsylvania
  • $1.8 billion in wages
  • $76 million yearly casino upgrades

Local Business Benefits

Pennsylvania casinos spent $1.05 billion in 2023-24, with 50.8% going to local businesses. We see growth in:

  • Hotels and lodging
  • Restaurants
  • Entertainment spots
  • Transportation

Online Gaming Jobs

iGaming brings new career paths:

  • Software experts
  • Security teams
  • Customer support pros
  • Compliance specialists

#2 Casino Market

Pennsylvania ranks second nationwide in casino gaming. The Shippensburg casino shows local impact:

  • 150 new jobs
  • $100,000 yearly community support for 10 years

Marketing & Tech Growth

Gaming companies pour money into:

  • Digital marketing
  • Sponsorship deals
  • Customer outreach

We track partnerships between gaming operators and payment security firms, watching innovation drive Pennsylvania’s gaming economy forward.

Pennsylvania Gaming Success Story

We’ve watched Pennsylvania’s gaming market reach new heights – $5.89 billion in 2023-2024. The numbers tell just part of the story.

Our expert analysis shows Pennsylvania’s strength comes from smart diversification. iGaming leads the charge, while sports betting and retail casinos keep pushing forward. Only Nevada and New Jersey post bigger numbers nationwide.

Pennsylvania puts gaming dollars to work. The $2.66 billion in tax revenue funds property tax relief, supports farmers, and builds stronger communities. Local businesses thrive, new jobs open up, and towns grow around gaming hubs.

The future looks bright for Pennsylvania gaming. Smart online platforms, established casinos, and careful money management create winners across the state. We’ll keep tracking every dollar, every job, and every community benefit as Pennsylvania’s gaming market grows.

author avatar
Daniel Danielson

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