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HARRISBURG, PA: Driven by a rise exceeding 25% in iGaming income compared to the prior year, the Pennsylvania Gaming Control Board (PGCB) has announced that the combined gaming revenue for 2024 has achieved an unprecedented high and for the first time surpassed the $6 billion threshold within a calendar year.
For 2024, the PGCB has reported a total combined revenue of $6,137,414,455, which marks a 7.73% increase over the 2023 combined revenue of $5,697,218,115.
This figure includes the consolidated revenue from slot machines, table games, sports betting, iGaming, video gaming terminals (VGTs), and fantasy competitions.
The resultant tax revenue, in addition to the annual operating fee from slot machine licenses*, amounted to $2,663,575,443 in 2024 derived from these forms of gaming. This signifies the highest revenue returned to the Commonwealth in a calendar year, surpassing the $2,454,273,306 collected in 2023. Tax revenue statistics reflect figures generated before any adjustments made by the PA Department of Revenue.
Below is a comparison of combined revenue:
|
Year |
Slot Machine Revenue |
Table Games Revenue |
iGaming Revenue |
Sports Wagering Revenue |
VGT’s Revenue |
Fantasy Sports Contests |
Total Gaming Revenue |
|
2014 |
$2,319,534,380 |
$749,543,217 |
|
|
|
|
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$3,069,077,597 |
|
2015 |
$2,365,651,659 |
$808,137,112 |
|
|
|
|
$3,173,788,771 |
|
2016 |
$2,360,184,122 |
$853,238,055 |
|
|
|
|
$3,213,422,178 |
|
2017 |
$2,336,212,902 |
$890,704,254 |
|
|
|
|
$3,226,917,156 |
|
2018 |
$2,369,885,203 |
$878,796,174 |
|
“““html
$2,516,589 |
|
$15,309,615 |
$3,266,507,581 |
|
2019 |
$2,363,085,678 |
$903,594,181 |
$33,599,749 |
$84,112,967 |
$2,329,540 |
$25,872,124 |
$3,412,594,239 |
|
2020 |
$1,355,924,785 |
$504,309,266 |
$565,776,908 |
$189,703,465 |
$16,647,898 |
$21,148,707 |
$2,653,511,029 |
|
2021 |
$2,287,529,465 |
$924,902,965 |
$1,112,855,937 |
$340,113,160 |
“““html |
$29,298,635 |
$4,734,552,201 |
|
2022 |
$2,390,757,300 |
$990,568,468 |
$1,364,392,468 |
$401,208,108 |
$42,079,447 |
$22,329,896 |
$5,211,335,687 |
|
2023 |
$2,463,698,452 |
$971,742,564 |
$1,741,832,079 |
$458,616,339 |
$41,237,349 |
$20,091,332 |
$5,697,218,115 |
|
2024 |
$2,447,354,419 |
$937,479,260 |
$2,181,669,449 |
$510,716,858 |
$41,525,888 |
$18,668,580 |
“`
$6,137,414,455 |
*The 11 category 1 and 2 casinos are subject to a $10 million yearly slot machine license operation cost, contributing to the Local Share fund
Retail Slot Machine Revenue
The total earnings from slot machines at the casinos amounted to $2,447,354,419, indicating a 0.66% decline compared to the $2,463,698,452 accrued in 2023.
The slot machine profits for each casino, alongside the percentage change compared to the prior year, are detailed as follows:
|
Retail Slot Machine Revenue by Operator |
Slot Machine Revenue 2024 |
Slot Machine Revenue 2023 |
% Change |
|
Parx Casino |
$375,213,611 |
$386,218,372 |
-2.85% |
|
Wind Creek Bethlehem |
$286,689,072 |
$285,056,051 |
0.57% |
|
Rivers Casino Pittsburgh |
$262,973,224 |
$267,307,816 |
-1.62% |
|
Mohegan Pennsylvania |
$176,773,376 |
$182,550,997 |
-3.16% |
|
Hollywood Casino at The Meadows |
$165,651,289 |
$166,843,576 |
-0.71% |
|
Mount Airy Casino Resort |
$153,825,183 |
$157,482,102 |
-2.32% |
|
Live! Casino Philadelphia |
$152,350,960 |
$136,859,716 |
11.32% |
|
Rivers Casino Philadelphia |
$135,731,837 |
$136,848,518 |
-0.82% |
|
Hollywood Casino at Penn National |
$135,332,819 |
“““html |
-6.69% |
|
Harrah’s Philadelphia Casino |
$106,712,528 |
$117,428,469 |
-9.13% |
|
Valley Forge Casino Resort |
$103,865,163 |
$104,254,611 |
-0.37% |
|
Live! Casino Pittsburgh |
$101,743,897 |
$98,425,413 |
3.37% |
|
Presque Isle Downs and Casino |
$87,533,782 |
$91,740,821 |
-4.59% |
|
Hollywood Casino York |
$82,379,567 |
$80,359,190 |
2.51% |
|
Hollywood Casino Morgantown |
“`
$60,641,130 |
$57,167,984 |
6.08% |
|
Parx Shippensburg |
$36,388,858 |
$29,839,675 |
21.95% |
|
The Casino at Nemacolin |
$23,548,123 |
$20,281,129 |
16.11% |
|
Statewide Total |
$2,447,354,419 |
$2,463,698,452 |
-0.66% |
Retail Table Games Revenue
Revenue from table games at the casinos in 2024 amounted to $937,479,260, representing a 3.53% decline compared to the $971,742,564 earned in 2023.
The table games revenue for each casino, including the percentage change over the previous year, is detailed below:
|
Retail Table Games Revenue by Operator |
2024 Table Games Revenue |
2023 Table Games Revenue |
% Change |
|
Wind Creek Bethlehem |
$248,365,912 |
$241,267,937 |
2.94% |
|
Parx Casino |
$194,581,780 |
$202,031,523 |
-3.69% |
|
Live! Casino Philadelphia |
$106,788,180 |
$108,433,121 |
-1.52% |
|
Rivers Casino Philadelphia |
$87,019,765 |
$91,606,507 |
-5.01% |
|
Rivers Casino Pittsburgh |
$73,589,245 |
$87,238,526 |
-15.65% |
|
Valley Forge Casino Resort |
$35,231,084 |
$33,241,984 |
“““html
5.98% |
|
Mount Airy Casino Resort |
$34,492,722 |
$35,690,335 |
-3.36% |
|
Mohegan Pennsylvania |
$28,785,802 |
$28,599,425 |
0.65% |
|
Hollywood Casino at The Meadows |
$26,590,150 |
$28,144,074 |
-5.52% |
|
Hollywood Casino at Penn National |
$24,529,230 |
$26,748,039 |
-8.30% |
|
Harrah’s Philadelphia Casino |
$23,340,773 |
$30,539,792 |
-23.57% |
|
Live! Casino Pittsburgh |
$14,478,689 |
“““html |
-11.01% |
|
Hollywood Casino York |
$13,507,429 |
$16,601,578 |
-18.64% |
|
Presque Isle Downs and Casino |
$12,900,369 |
$12,563,458 |
2.68% |
|
Hollywood Casino Morgantown |
$9,977,998 |
$9,614,092 |
3.79% |
|
The Casino at Nemacolin |
$2,426,229 |
$2,032,719 |
19.36% |
|
Parx Shippensburg |
$873,904 |
$1,119,603 |
-21.95% |
|
Statewide Total |
“`$937,479,260 |
$971,742,564 |
-3.53% |
iGaming Income
The revenue for iGaming in 2024 reached $2,181,669,449, marking a 25.25% rise compared to the $1,741,832,079 earned in 2023.
Here is the revenue for iGaming from each operator:
|
Casino Provider |
2024 Income |
2023 Income |
% Variation |
|
Hollywood Casino at Penn National |
$820,690,269 |
$712,412,997 |
15.20% |
|
Valley Forge Casino Resort |
$573,536,378 |
$392,653,074 |
46.07% |
|
Rivers Casino Philadelphia |
$379,591,886 |
$340,337,719 |
11.53% |
|
Harrah’s Philadelphia |
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$110,416,250 |
$74,330,468 |
48.55% |
|
Golden Nugget |
$61,297,169 |
$14,859,720 |
312.51% |
|
Parx Casino |
$56,944,871 |
$58,370,717 |
-2.44% |
|
Live! Philadelphia |
$47,495,798 |
$40,014,407 |
18.70% |
|
Mount Airy Casino Resort |
$45,211,595 |
$52,064,540 |
-13.16% |
|
Bally’s Pennsylvania |
$42,217,998 |
$12,320,387 |
242.67% |
|
Wind Creek Bethlehem |
$20,457,137 |
“`
$22,556,184 |
-9.31% |
|
Mohegan Pennsylvania |
$16,692,512 |
$21,718,846 |
-23.14% |
|
Presque Isle Downs and Casino |
$7,117,585 |
$193,019 |
3587.50% |
|
Statewide Total |
$2,181,669,449 |
$1,741,832,079 |
25.25% |
Sports Wagering Revenue
Revenue from sports wagering in 2024 reached $510,716,858, reflecting an 11.36% rise compared to the $458,616,339 earned in 2023. The total handle for sports wagering, encompassing both online and retail betting, was $8.42 billion, marking a 9.62% increase from the $7.68 billion total in 2023.
The sports wagering revenue for each casino, alongside the percentage change compared to the last year, is as follows:
|
Sports Wagering Revenue by Operator |
2024 Sports Wagering Revenue |
2023 Sports Wagering Revenue |
% Change |
||
|
Valley Forge Casino Resort |
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$233,592,241 |
16.49% |
||
|
Hollywood Casino at The Meadows |
$132,170,833 |
$121,111,146 |
9.13% |
||
|
Hollywood Casino Morgantown |
$21,299,804 |
$21,015,594 |
1.35% |
||
|
Hollywood Casino at Penn National |
$17,456,519 |
$4,292,804 |
306.65% |
||
|
Rivers Casino Pittsburgh |
$16,416,954 |
$16,945,639 |
-3.12% |
||
|
Parx Casino |
$14,992,977 |
$17,433,149 |
-14.00% |
||
|
“““html
Hollywood Casino York |
$10,183,317 |
$3,495,168 |
191.35% |
||
|
Harrah’s Casino Philadelphia |
$8,892,998 |
$9,118,267 |
-2.47% |
||
|
Rivers Casino Philadelphia |
$8,524,445 |
$10,376,916 |
-17.85% |
||
|
Live! Casino Philadelphia |
$7,114,819 |
$6,984,563 |
1.86% |
||
|
Mohegan Pennsylvania |
$2,027,926 |
$3,202,067 |
-36.67% |
||
|
Mohegan Sun Lehigh Valley |
$1,383,378 |
$1,341,547 |
“““html
3.12% |
||
|
Live! Casino Pittsburgh |
$1,281,967 |
$1,752,446 |
-26.85% |
||
|
South Philly Race & Sportsbook |
$1,076,410 |
$2,388,985 |
-54.94% |
||
|
Wind Creek Bethlehem |
$748,062 |
$719,288 |
4.00% |
||
|
Mount Airy Casino Resort |
$506,477 |
$3,152,001 |
-83.93% |
||
|
Parx Casino Shippensburg |
$87,198 |
$87,708 |
-0.58% |
||
|
Presque Isle Downs and Casino |
-$5,562,591 |
Parx Malvern* |
n/a |
$363,139 |
n/a |
|
Total Statewide |
$510,716,858 |
$458,616,339 |
11.36% |
*Currently not operating a Retail Sports Wagering facility; ceased operations in August 2023
Video Gaming Terminals (VGTs)
In 2024, revenue from VGTs at Truck Stops amounted to $41,525,888, reflecting a 0.70% rise compared to the $41,237,349 earned in 2023. By year-end, there were 74 VGT establishments in Pennsylvania.
The revenue from VGTs for each operator, including the percentage change from the previous year, is detailed below:
|
VGT Terminal Operators |
2024 Revenue |
2023 Revenue |
% Change |
|
Marquee by Penn |
$27,074,774 |
$24,890,172 |
8.78% |
|
J&J Ventures Gaming |
$11,047,080 |
$12,192,106 |
-9.39% |
|
Jango |
$2,969,357 |
$4,086,993 |
-27.35% |
|
Venture Gaming LLC |
$346,324 |
$29,834 |
1060.86% |
|
Accel Entertainment Gaming LLC |
$88,352 |
$38,244 |
131.02% |
|
Statewide Total |
$41,525,888 |
$41,237,349 |
0.70% |
Fantasy Contests Revenue
In 2024, the revenue from fantasy competitions reached $18,668,580, indicating a 7.08% decline compared to the $20,091,332 earned in 2023.
The revenue from fantasy contests for each service provider, along with the percentage change from the previous year, is detailed below:
|
“`html |
2024 Earnings |
2023 Earnings |
% Variation |
|
DraftKings |
$13,111,532 |
$13,948,762 |
-6.00% |
|
FanDuel |
$3,410,703 |
$4,628,716 |
-26.31% |
|
UnderDog Sports |
$1,583,294 |
$801,894 |
97.44% |
|
Fantasy Football Players Championship |
$207,623 |
$289,321 |
-28.24% |
|
Yahoo Fantasy Sports |
$173,937 |
$228,250 |
-23.80% |
|
Sportshub Technologies |
$74,771 |
$81,481 |
-8.24% |
|
Fantasy Sports Gaming |
$73,302 |
$66,486 |
10.25% |
|
DataForce |
$35,986 |
$32,747 |
9.89% |
|
Jock MKR |
-$19 |
-$414 |
n/a |
|
OwnersBox |
-$2,550 |
-$3,727 |
n/a |
|
No House Advantage |
n/a |
$17,815 |
n/a |
|
Statewide Total |
$18,668,580 |
$20,091,332 |
-7.08% |
Analysis of revenue segmented by categories of gaming and by operator is obtainable on the Board’s website at this link.
This page was created automatically, to view the article in its original context you can follow the link below:
https://gamingcontrolboard.pa.gov/news-and-transparency/press-release/pa-gaming-control-board-reports-record-high-gaming-revenue-2024
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