Share 
The Pennsylvania Gaming Control Board reported on Wednesday that iGaming operators have exceeded $3 billion in revenue for 2025. A $304.4 million month in November helped the market get there.
Despite a 2.6% month-over-month decrease, it’s the second straight month Pennsylvania online casinos generated north of $300 million in a single month. The vertical increased at a 20.7% rate year-over-year.
Pennsylvania remains the No. 1 iGaming market in the US, as it is still the only state to achieve $300 million of revenue in a month … twice.
Another milestone checked off
Pennsylvania online casino revenue is raising the bar, what feels like each and every month. Months of $300 million are now pretty attainable for operators.
Thanks to another strong month, the vertical has produced nearly $3.14 billion in yearly revenue through 11 months. Operators generated just under $2.71 billion for the entirety of 2024.
iGaming is up to $11.67 billion in lifetime revenue. Don’t expect a slowdown anytime soon, as December is expected to be another big month.
Valley Forge stays strong
Despite the slight drop-off in November, the Valley Forge license, partnered with FanDuel Casino and Stardust, remained flat month-over-month.
In October, the license produced $92.2 million, and last month it did $92.1 million. It’s likely that FanDuel makes up the majority of the revenue.
The solid result is an indication that FanDuel offers a consistent product to customers.
Golden Nugget, bet365 defy slowdown
In a month where most operators remained flat or dropped slightly, Golden Nugget Casino improved in November.
In October, the operator recorded $8.9 million in revenue. Last month, it shot up to nearly $9.3 million.
Bet365 Casino is another platform that improved its standing in November. After a strong $4.9 million October, the operator posted $5.1 million in November revenue.
Licenses such as Bally’s, Harrah’s Philadelphia, and Parx all declined in November.
PA online casino revenue by operator in November 2025
| Licensee | Total Revenue | Slots | Tables | Poker | Promos | Taxes |
|---|---|---|---|---|---|---|
| Hollywood Penn National | $113,241,090 | $89,474,138 | $23,158,888 | $608,064 | $21,910,449 | $40,287,325 |
| Valley Forge | $92,105,206 | $72,716,161 | $19,389,045 | $0 | $21,165,977 | $30,939,347 |
| Rivers Philadelphia | $45,976,429 | $40,556,320 | $4,983,990 | $436,119 | $7,750,970 | $18,580,219 |
| Harrah's Philadelphia | $16,891,109 | $14,410,341 | $1,954,780 | $525,988 | $3,552,597 | $6,257,726 |
| Golden Nugget PA | $9,265,997 | $8,012,133 | $1,253,864 | $0 | $1,207,332 | $3,398,875 |
| Parx | $7,266,285 | $6,253,584 | $1,012,701 | $0 | $1,351,251 | $2,809,292 |
| Presque Isle Downs | $5,144,437 | $3,494,759 | $1,649,678 | $0 | $702,941 | $1,771,530 |
| Nittany Mall | $4,219,840 | $3,579,998 | $639,842 | $0 | $1,057,408 | $1,287,992 |
| Mount Airy | $2,981,535 | $1,956,128 | $320,925 | $704,481 | $488,623 | $952,330 |
| Wind Creek | $2,733,531 | $2,568,977 | $164,554 | $0 | $823,457 | $968,909 |
| Mohegan Sun Pocono | $2,648,194 | $2,394,467 | $253,728 | $0 | $1,362,562 | $597,825 |
| Live Philadelphia | $1,961,574 | $1,683,193 | $278,381 | $0 | $368,231 | $754,621 |
| Total | $304,435,227 | $247,100,199 | $55,060,376 | $2,274,652 | $61,741,798 | $108,605,991 |
