Pennsylvania gambling revenue falls 4.3% in February as sports betting drops

The Pennsylvania Gaming Control Board (PGCB) reported $477.2 million in total gambling revenue for February 2025, reflecting a 4.3% year-over-year decline from February 2024’s $499.1 million. The downturn was driven by declining retail slot and table game revenue, coupled with a notable 75.3% drop in sports betting revenue.

Despite the overall decline, online gambling (iGaming) continued to expand, generating $202.7 million in February, up 12.3% from the previous year. Hollywood Casino at Penn National Race Course led the state’s iGaming sector, bringing in $77.6 million, followed by Valley Forge Casino Resort at $56.6 million and Rivers Casino Philadelphia at $34.2 million.

Retail casino performance was mixed. Hollywood Casino at Penn National Race Course retained its position as the top-grossing venue, earning $89.5 million, although this represented a 2.9% decline from the previous year. 

Valley Forge Casino Resort posted $81.4 million, marking a 9.9% increase, while Rivers Casino Philadelphia saw a 5% rise to $51.2 million. In contrast, Wind Creek Bethlehem’s revenue fell 13.1% to $39.2 million.

Slot revenue continued its downward trend, falling 8.1% to $186.3 million, with Parx Casino leading the segment at $28.9 million, though it experienced a 2.7% decline. Wind Creek Bethlehem’s slot revenue dropped 15.3% to $20.5 million, while Rivers Casino Pittsburgh reported a 6.5% decline at $20.4 million.

Sports betting suffered a sharp decline, with total revenue plummeting 75.3% to $7.5 million despite a 14.4% increase in total betting handle, which reached $756.9 million. The downturn was attributed to heavy losses by sportsbooks, likely due to the Philadelphia Eagles' Super Bowl victory. Valley Forge Casino Resort led the sector with $13.7 million in revenue from a $284.5 million handle, while 11 casinos in the state posted losses.