Pennsylvania Gaming Revenue Rises 4.9% to $602.4m in March

The Pennsylvania Gaming Control Board (PGCB) reported $602.4m in combined gaming and fantasy contest revenue for March 2026, up 4.9% from the $574.5m recorded in March 2025 — itself a record at the time.

Tax revenues generated from gaming activity in the month reached $259.2m.

Sports Betting Revenue Jumps 77.1%

Sports wagering was the standout performer. Revenue came in at $47.9m, up 77.1% year-on-year from $27m in March 2025. The result was driven entirely by hold rather than volume: sports betting handle fell 13.3% to $730.9m from $842.9m in the prior-year period, pointing to a significant swing in outcomes in favour of operators.

Valley Forge Casino Resort recorded the highest sports betting handle in the state at $243.6m, generating $18.6m in revenue. Hollywood Casino at the Meadows followed with a handle of $211.8m and sports betting revenue of $14.5m. Hollywood Casino York produced $2.6m in sports betting revenue from a $64.6m handle.

iGaming Sets Online Slot Record

Pennsylvania’s iGaming sector generated $254.7m in adjusted gross revenue for March, up 6.9% year-on-year. The result was the second-highest monthly total in state history, behind the $259.7m recorded in December 2025.

Online slots were the primary driver. Taxable slot revenue hit $201.4m — up 12.2% year-on-year and the first time Pennsylvania operators have collectively exceeded $200m in a single month. Gross pre-deduction slot revenue of $277.5m also set an all-time high.

The gains in slots came at the expense of table games. Wagering on online table games landed just below $3bn in handle, with operators claiming $51.1m in revenue — down 9% year-on-year. Online poker revenue fell 13% to $2.2m.

Caesars Palace Online posted the strongest year-on-year growth among digital platforms, with adjusted revenue rising 42.8% to $15.3m. Golden Nugget generated $7.7m for the month.

Pennsylvania recorded a then all-time high of $574.5m in gaming revenue in March 2025, itself surpassing the previous record of $554.6m set in March 2024. The March 2026 result continues that upward trajectory, though at a more moderate pace compared to recent double-digit growth months — February 2026 came in at $547.1m, up 14.6% year-on-year.

Land-Based Performance Mixed

Hollywood Casino at Penn National Race Course led land-based venues with $116.3m in gaming revenue, up 8.5% year-on-year. Valley Forge Casino Resort reported $98.8m, up 14.6%. Rivers Casino Philadelphia generated $60m, a 2.2% increase.

Parx Casino was among the operators to register a decline, with revenue of $57.9m — down 1.7% from the prior-year period.

Retail slots across the state fell 2.8% to $216.2m, with 14 operators reporting year-on-year declines. Video gaming terminals bucked the trend, up 4% to $3.9m.

On the iGaming side, Hollywood Casino at Penn National generated $100.8m in online revenue, up 11.1%. Valley Forge Casino Resort contributed $67.4m, up 4.1%, and Rivers Casino Philadelphia reported $40.3m, up 4.2%.

Context

The March 2026 results reinforce the structural shift underway in Pennsylvania gaming, with online slots now generating more revenue than any other single digital category by a substantial margin. The consistent growth in iGaming across the state reflects broader US market trends, with operators investing in slot product and promotional spend to drive player acquisition. The PGCB has not issued forward guidance on expected revenue trajectories for the remainder of 2026.

For context on how Caesars’ digital performance compares at the group level, see the Caesars Entertainment Q4 2025 earnings report.

Source: Pennsylvania Gaming Control Board