The online casino games industry in Pennsylvania has reportedly raked in $210 million of revenue in January, according to a report from the Pennsylvania Gaming Control Board (PGCB). Of this, online slot games made $158.6 million, up a sizable 44.2%; more than any other gaming segment in the Keystone State.
Last year’s online casino games revenue did not reach $200 million; operators generated just $149.5 million gross revenue last January. However, January 2025 generated a record amount of monthly gross revenue totaling $210.1 million. Compared to revenue of in January 2024, this represents an increase of 40.52%.
Pennsylvania’s Online Casino Market Set for a Great Year
Generally, January is considered to be a slow month each calendar year in terms of revenue, since this is usually the latter end of the winter season, and most players are shaking off the holiday state of mind.
Moreover, the numbers for January that are less than December numbers aren’t uncommon. The only times January revenue for Pennsylvania online casinos have beaten the previous month came in 2020-21 and 2022-23.
However, Pennsylvania online casinos’ numbers are quite a pleasant surprise. The national trend in 2024 was of acceleration relative to 2023, but that only began a few months into the year. The huge year-over-year increase we’re now seeing is a testament to that acceleration.
That said, the question for the Pennsylvania iGaming market becomes whether iGaming can sustain that pace for another year or revert back to the 2023 pace which, for Pennsylvania, was just under 30%.
Revenue Projections for Pennsylvania Online Casinos
With the record output Pennsylvania online casinos have reaped in for January, the Keystone State real money online casino market is within arm’s reach of acquiring another milestone. In the event that online casino operators manage to generate more than $202 million in February, that’ll put the industry at $9 billion in lifetime earnings.
So far, Pennsylvania online casinos haven’t gone under $200 million since January 2024. Given the projections, operators are going to be closing in on $300 million in a single month sooner rather than later.
In terms of lifetime earnings, it also means that the market is inching closer to reaching $10 billion in lifetime revenue.
