Pennsylvania's gaming industry revenue surpassed half a billion dollars in July, driven by iGaming
Traditionally, the largest share of revenue in Pennsylvania comes from slot machines in brick-and-mortar establishments. In July 2024, this segment generated $204.3 million (18.8 billion rubles), a decline of 4.83% due to a reduction in the number of slot machines from 25,291 in July 2023 to 24,709 in the same month this year. Nevertheless, tax revenues for the state remained robust at $103.2 million (9.5 billion rubles).
A similar trend was observed in the table games sector, where revenue fell by 4.84% to $79.4 million (7.3 billion rubles), resulting in tax contributions of $13.1 million (1.2 billion rubles) to the state.
In contrast, online gambling showed significant growth, with revenue increasing by 31.2% to $174.3 million (16.04 billion rubles), contributing $75.5 million (6.9 billion rubles) to the state treasury.
The sports betting sector also experienced growth, rising by 22.52% to reach $38.6 million (3.55 billion rubles), which translated into $13.9 million (1.28 billion rubles) in tax revenues for Pennsylvania.
These latest financial results underscore that the growth of the iGaming and sports betting sectors continues to drive the state's gaming market. Earlier reports indicated that Pennsylvania's gambling industry achieved a record total revenue of $5.7 billion (524.4 billion rubles) for the year 2023.
Additionally, the video gaming terminals (VGT) sector saw a revenue increase of 4.33%, totaling $3.5 million (322 million rubles), with tax payments amounting to $107,246 (9.87 million rubles).
Notably, the combined revenue of the U.S. gaming industry rose by 8.9% in the second quarter of 2024.
Blog
Explore more interesting news
Amigo Gaming has announced a new partnership with Elantil, a company renowned for its flexible, modern, and operator-focused approach. As part of the agreement, the ...
The Brazilian Senate's Economic Affairs Committee (CAE) has approved a bill to gradually increase the gross gaming revenue (GGR) tax for casino operators from 12% ...
Pragmatic Play has announced a new partnership with Loterías Torito, aimed at strengthening the provider's position in the regulated Peruvian iGaming market. This agreement will ...
Lotte Tour Development Co. Ltd, the owner of the South Korean casino Jeju Dream Tower, has released its financial results for November 2025. During this ...
Genting Malaysia's revenues significantly exceeded forecasts for the third quarter of 2025. The group's total revenue rose by 22% year-on-year, reaching $813 million (63.6 billion ...
A user of the online casino DraftKings in Michigan has set a new record for the American gambling industry by winning the largest jackpot in ...
Content provider for online casinos, Amigo Gaming, is continuing its expansion in Latin America. The company has announced an extension of its strategic partnership with ...
The regulated sectors of online betting and land-based gambling have played a crucial role in the significant increase in Brazil's tax revenues in October and ...
Finland is steadily moving towards the licensing of its iGaming sector. Today, the country's authorities published two draft technical documents that will form part of ...
BGaming, a prominent game developer, has been honored with the prestigious SiGMA Central Europe Award for "Best Casino Game of 2025" for its viral hit, ...
The iGaming industry in Ontario set record results in October 2025, achieving its highest figures since the launch of the regulated market in 2022. According ...
Booming Gaming has announced a partnership with online casino operator Placard, marking the supplier's debut in Portugal's regulated iGaming market and strengthening its presence in ...
