Pennsylvania gaming revenue in November reaches new monthly record of $623.1 million

Summary

Pennsylvania set a new monthly gaming revenue record in November, with total receipts of $623.1 million — up 10.8% from November 2024. The previous high was $601.8 million in May. Valley Forge Casino Resort led operators with $126.7 million in revenue, followed by Hollywood Casino at Penn National Race Course and Rivers Casino Philadelphia.

Key Points

Total November gaming and fantasy contest revenue: $623.1 million (up 10.8% year-over-year).
Previous monthly record was $601.8 million in May 2025.
Top operator: Valley Forge Casino Resort — $126.7 million (23.6% increase vs Nov 2024).
Hollywood Casino at Penn National Race Course: $107.5 million (18.9% increase).
Rivers Casino Philadelphia and Parx Casino posted more modest year-on-year gains (Rivers +3.9%, Parx +0.3%).
Slot revenue: $201.2 million (essentially flat, down 0.1% YOY); Parx led slot revenue at $30.9 million.
iGaming: $242.7 million, a strong 21% increase YOY; major gains at Hollywood Penn National and Valley Forge.
Sports wagering: $98.3 million revenue on a $990.5 million handle; Valley Forge accounted for sizable share ($44.1m revenue from $372.9m handle).

Content summary

The Pennsylvania Gaming Control Board reported November figures showing robust overall growth driven largely by iGaming. While slot revenue was flat year-on-year, internet gaming surged 21%, lifting statewide totals to a new monthly high. Several major properties recorded double-digit gains, with Valley Forge and Hollywood Casino at Penn National prominent contributors. Sports wagering added nearly $100 million to the monthly total from almost $1 billion in handle.

Context and relevance

This result highlights a continuing industry shift: iGaming is the principal growth engine for state gaming revenue, offsetting flat or slightly declining slot receipts. For operators, regulators and investors, the trend emphasises the growing importance of online offerings, market share among operators, and the fiscal implications for state tax receipts and policy. The record month also follows a string of strong months in 2025, signalling sustained momentum rather than a one-off spike.

Author’s take

Punchy and to the point: this is a clear win for iGaming and the big operators — and a reminder that the future of casino revenue in Pennsylvania is increasingly online. Read the numbers if you care about market dynamics or regional gaming economics.

Why should I read this?

Short version: it’s a record month and iGaming is driving it. If you follow casino operators, state revenue trends or gambling market shifts, this saves you the scrolling — the big takeaway is simple: online gaming growth is reshaping revenue across Pennsylvania.