Pennsylvania has finally locked in its full iGaming figures for 2025, and the numbers confirm a historic year for the state’s online casino market.
December delivered the exclamation point. Online casinos in the Keystone State generated $324.3 million in gross revenue during the final month of the year, setting a new all-time monthly record. The total surpassed the previous high of $312.5 million set in October and came in 15.4% higher than December 2024’s $281.2 million. That late surge cemented 2025 as Pennsylvania’s strongest year since launching iGaming.
Close Enough to $4 Billion?
Admittedly, $4 billion seemed like the magic number as we observed the sector’s performance. With December now officially reported, Pennsylvania online casinos finished 2025 with $3.46 billion in gross gaming revenue. Pretty good. That is still a massive 28% increase from 2024’s $2.71 billion and further extends the state’s lead as the top iGaming market in the United States.
Momentum generally grew in the second half of the year. From July through December, operators generated $1.80 billion, compared to $1.67 billion in the first six months. December also marked the third consecutive month in which Pennsylvania cleared $300 million in online casino revenue, a threshold no other US iGaming state has reached to date.
Beyond operator revenue, December alone generated more than $115 million in tax receipts for Pennsylvania. For the full year, online casinos contributed approximately $1.24 billion in tax revenue.
Leveraging Broad-Based Growth
The Pennsylvania Gaming Control Board’s latest report showed $259.7 million in adjusted gaming revenue for December, a figure that removes promotional credits from the gross total.
Revenue growth was spread across most major licensees, though performance varied widely. Penn National once again led the market with $125.4 million in December revenue, up nearly 19% year over year. Valley Forge followed with $92.1 million, while Rivers Philadelphia posted $47.4 million.
Several operators recorded notable gains, including Caesars Interactive, which surged more than 61%, and Mohegan Sun, which posted a 62.4% increase. Others moved in the opposite direction, with Mount Airy and Live! Philadelphia reporting year-over-year declines.
Pennsylvania’s iGaming structure continues to group revenue by licensee rather than individual brands. Many licensees operate multiple online casinos under their umbrella, but the results are reported collectively by the PGCB.
Extending A National Lead
The 2025 figures once again place Pennsylvania well ahead of other regulated US iGaming markets. New Jersey closed the year at $2.91 billion, boosted by a record December of its own, while Michigan is expected to finish around $3.05 billion once its final reports are released.