PGCB Reports $574.5 Million Record Revenue for March

By Matt Speakman,
Betting Expert at online-gambling.com

Matt Speakman Betting Expert at online-gambling.com

A die-hard fan of the Patriots, Matt Speakman is an expert on everything related to sports betting and DFS sites. Over the years, he has proven a valuable asset for our team at online-gambling.com. You can find Speakman's professional tips and tricks in any of his many articles on the website.

• Twitter
• Email

More About Matt Speakman

Last updated: May 5, 2025

The Pennsylvania Gambling Control Board (PGCB) reported that March’s gambling revenue hit a new record, totaling $574.5 million. Despite the decline in sports betting and land-based casinos, iGaming profit increased 3.6% from last year and 20.4% from February.

iGaming Revenue Reaches New Heights

The online gambling market performed remarkably in March, reaching a record $238.2 million in revenue. Statistics show an increase of 24.7% compared to March 2024. While online slots gained $179.5 million, table games accounted for $56.6 million. Online poker’s revenue grew by 3.3% on a year-on-year basis and earned $2.6 million.

The biggest earnings, $90.7 million, were collected by Hollywood Casino at Penn National Race Course and its iGaming partners. Next in the rankings are Valley Forge Casino Resort, with $64.8 million, and Rivers Casino Philadelphia, which generated $38.6 million for March.

Sports Betting Handle Improved, but Revenue Goes Down

Surprisingly, sports betting revenue is down by 40.7% year-on-year, with $27 million earned in March. Online sportsbooks generated $25.6 million, while retail accounted for $1.5 million. Handle-wise, players in the Keystone State bet $842.9 million, which marks a $5.3% increase from last year. Online betting gained $806.3 million, while retail’s share was $36.6 million.

FanDuel and its partner, Valley Forge Casino Resort, headed the chart with $9.4 million in revenue off a $328.6 million handle, leaving a 2.86% hold. The second position is for DraftKings and Hollywood Casino at the Meadows, which got $8.8 million from $209.2 million for a 4.21% hold. Meanwhile, BetMGM and partner Hollywood Casino Morgantown are positioned third, with $1.9 million from $78.2 million and a hold of 2.43%.

ESPN Bet and Hollywood Casino at Penn National earned $1.5 million off a $35.1 million handle. Rivers Casino Pittsburgh and BetRivers reached $1.2 million off $26.3 million, while Parx Casino followed with $1.1 million off $15.7 million. Smaller revenue was also generated by Fanatics Sportsbook, partner of Hollywood Casino, reaching $1.1 million from $58.9 million.

Land-Based Gambling Slows Down

Retail gambling venues saw a general decline across the market. Land-based slots remained the most popular in the state, generating $222.5 million, down by 2.4% from the previous year. Table games earned Pennsylvania $81.9 million but were down 3.9%.

Revenue from video game terminals (VTG) was also down by 0.6% to $3.7 million, while DFS earned $1.2 million. Finally, Pennsylvania collected $244.3 million in tax from all gambling activities in March, $106.3 million of which came from iGaming.