Pennsylvania’s regulated playing trade reached an unprecedented month-to-month income degree in November, as robust sports activities betting efficiency mixed with sustained on-line on line casino exercise to push total figures to a brand new excessive. Based on knowledge launched by the Pennsylvania Gaming Management Board, whole playing income for the month reached roughly $623.1 million, exceeding the earlier statewide report by 3.5%.
The November whole represented a ten.8% improve in contrast with the identical month in 2024 and in addition completed 4.4% greater than October’s outcomes. Whereas most digital playing classes reported development, land-based on line casino operations recorded modest year-over-year declines. State tax collections from all playing exercise amounted to $260.9 million for the month.
Sports activities Betting Leads Month-to-month Efficiency
Sports activities wagering emerged as the first driver behind November’s record-setting outcomes. Bettors positioned $990.6 million in wagers in the course of the month, setting a brand new statewide deal with report (pdf). The determine exceeded October’s earlier excessive and was 5.9% larger than November 2024.
Taxable sports activities betting income reached $98.3 million, surpassing the prior report of $77.1 million established one yr earlier. On-line sportsbooks accounted for $92.4 million of that whole, whereas retail sportsbooks contributed $5.9 million. Mixed, sports activities betting exercise produced an total maintain charge of 9.92% for the month.
FanDuel and Valley Forge On line casino Resort returned to the highest place amongst operators after briefly falling to second place in October. The partnership generated $58.4 million in income from $372.9 million in wagers, leading to an 11.85% maintain. DraftKings and Hollywood On line casino on the Meadows adopted with $28.1 million in income off a $299.8 million deal with. Hollywood On line casino York and Fanatics Sportsbook ranked third, producing $5.7 million from $62.2 million wagered.
Further evaluation confirmed that sportsbooks statewide posted a collective maintain of 12.7% throughout November, exceeding the nationwide November common throughout reporting jurisdictions. Regardless of falling simply wanting the $1 billion milestone, Pennsylvania established a brand new month-to-month deal with report for the second straight month.
FanDuel and Rivals Rewrite Sportsbook Information
FanDuel’s November efficiency set a brand new single-operator income benchmark in Pennsylvania, producing $58.2 million in gross winnings. That determine surpassed the operator’s prior state report of $54.7 million set in January 2024 and mirrored a 26.8% improve from November of final yr. FanDuel recorded a 15.7% win charge on $370.7 million in wagers in the course of the month.
Promotional spending remained a key think about FanDuel’s market place. The operator issued $14.2 million in bonuses and credit in November, accounting for greater than half of the $26.2 million spent collectively by the state’s 12 on-line sportsbooks. FanDuel’s whole promotional outlay for the yr surpassed $100 million.
DraftKings additionally posted its strongest month in Pennsylvania historical past, producing $31.6 million in income from $296.8 million wagered. The operator achieved a ten.7% maintain whereas persevering with to reduce promotional spending, which declined to $3.9 million for the month.
Fanatics ranked because the “better of the remainder” after recording $7.1 million in income, supported by a 12.1% maintain on $61.1 million in deal with. Bet365 and BetMGM rounded out the highest 5, every exceeding $6 million in income.
On-line On line casino Progress Offsets Retail Declines
On-line on line casino gaming remained a major contributor to statewide income, though November didn’t set up a brand new month-to-month report for the phase. iGaming income totaled $242.7 million, reflecting a 21.1% improve from final yr however ending 3.4% beneath October’s peak.
On-line slot video games generated $185.4 million, rising 24.7% yr over yr, whereas web desk video games contributed $55.1 million. On-line poker income edged down barely to $2.3 million. Hollywood On line casino at Penn Nationwide Race Course and its companions led the iGaming market with $91.3 million, adopted by Valley Forge On line casino Resort at $70.9 million and Rivers On line casino Philadelphia at $38.2 million.
Land-based on line casino outcomes had been blended. Retail slot machines generated $201.2 million, narrowly trailing final yr’s whole, whereas desk video games income declined 3.6% to $74.7 million. Video gaming terminals at truck stops produced $3.5 million, and fantasy sports activities contests generated $2.5 million, each posting year-over-year beneficial properties.
