Pennsylvania Gaming Hits All-Time Monthly Record with $562M Revenue in November
Pennsylvania's gaming revenue hit an all-time monthly record of $562.36 million in November 2024, marking a 26% increase from the previous year. This unprecedented achievement was primarily driven by iGaming and sports betting success.
Valley Forge Casino sign
iGaming reached a milestone by exceeding $200.4 million for the first time, with online slots generating $148.6 million (up 36%) and interactive table games bringing in $49.5 million (up 7%). Online poker contributed an additional $2.2 million.
Sportsbooks recorded their highest monthly revenue at $77.1 million, significantly outperforming November 2023's figures by $64.2 million. This success was attributed to several unexpected game outcomes, including the Cleveland Browns' victory over the Pittsburgh Steelers and the Philadelphia Eagles' performance against the Jacksonville Jaguars.
Traditional casino operations showed modest growth, with retail slot revenue increasing by 6% to $201.5 million, while retail table revenue slightly declined by 2.5% to $77.5 million.
Valley Forge Casino Resort emerged as the top performer with total revenue of $102.5 million, largely due to its online operations. Their physical casino contributed $11.5 million, while their online casino operations generated $54.1 million. The FanDuel Sportsbook partnership added $36.8 million from $373.6 million in handle.
Hollywood Casino at Penn National Race Course secured the second position with $90.4 million in total revenue, with $74.4 million coming from online gambling and $13 million from its physical location. Their sports betting operation contributed $2.8 million from $43.8 million in handle.