iGaming revenue for the month reached $183.7 million, representing a significant 29% increase year-on-year.
Pennsylvania’s total gambling revenue surged to $525.5 million in August 2024, marking a 14.9% increase compared to the same period last year and a 4.9% rise from July. This growth was largely driven by the state’s thriving iGaming sector.
iGaming revenue for the month reached $183.7 million, representing a significant 29% increase year-on-year. This figure is the second-highest monthly total in the state’s history, narrowly missing the March 2024 record of $191.1 million. Online slots were the primary contributor, generating $138.3 million, while online table games brought in $43.2 million, and online poker added $2.2 million.
Hollywood Casino at Penn National Race Course led the iGaming market with $72.1 million in revenue. Valley Forge Casino Resort followed with $46.0 million, and Rivers Casino Philadelphia rounded out the top three with $30.8 million.
Sports betting also saw a strong performance, with gross revenue hitting $45.4 million, a 48.4% increase year-on-year, though down 13.9% from July. After promotional credits were deducted, taxable sports betting revenue stood at $30.0 million. Online sports betting dominated, accounting for $25.5 million, while retail outlets generated $4.5 million. The total betting handle reached $485.3 million, a 23.5% increase from last year.
FanDuel, in partnership with Valley Forge Casino Resort, maintained its leadership in the sports betting market, posting $13.3 million in revenue from $176.5 million in wagers. DraftKings, partnered with Hollywood Casino at the Meadows, followed with $7.8 million in revenue from $124.4 million in bets.
Land-based gambling machines remained the largest source of gambling income in Pennsylvania, bringing in $211.1 million, a 3.9% increase from last year. However, revenue from physical table games fell by 2.1%, totalling $81.0 million.
Video gaming terminals experienced modest growth, with revenue rising 5.7% to $3.7 million, while the fantasy sports sector saw an 18.3% decline, dropping to $647,522.