Pennsylvania recorded a new high in gambling earnings during the '24-25 fiscal year

Pennsylvania's Gambling Revenue Hits Record-Breaking $6.4 Billion

In a groundbreaking announcement, the Pennsylvania Gaming Control Board (PGCB) has reported that the Keystone State's gambling revenue for the 2024-2025 fiscal year has reached an all-time high of $6.4 billion.

This record-breaking total includes contributions from all 22 online casinos, land-based casinos, and daily fantasy bets like FanDuel and DraftKings. The revenue comes from commercial casinos, igaming, and sports betting.

The $6.4 billion revenue total represents a significant increase compared to the July high of $557 million and the total for the 2023-2024 year. Dane Terrell, a reporter from Advance Local, was the source for this information.

The 22 online casinos in Pennsylvania generated over $2.4 billion for the 2024-2025 fiscal year, exceeding the 2023-2024 mark by more than 27%. While the specific parent companies of these online casinos are not identified in the available search results, they are owned by several companies.

Retail and online sportsbooks also contribute to the $6.4 billion revenue total. The fiscal calendar for the Keystone State runs from July 1st to June 30th, making the 2024-2025 fiscal year the period under consideration.

The PGCB, the authority that reported this record-breaking revenue total, also reported that the total revenue for Pennsylvania's commercial casinos, igaming, and sports betting for the 2024-2025 fiscal year is $6.4 billion. This total surpasses the total for the 2023-2024 year by more than $2.5 billion.

The $6.4 billion in revenue for the 2024-2025 fiscal year marks a new record for Pennsylvania gambling, signifying a significant increase compared to the July high of $557 million and the total for the 2023-2024 year.

Pennsylvania recorded a new high in gambling earnings during the '24-25 fiscal year