Financial reports
Gambling.com Group Reports Fourth Quarter and Full-Year 2024 Results

2025 Guidance Mid-points Imply 35% and 40% Year-Over-Year Revenue and Adjusted EBITDA Growth
Gambling.com Group Limited, a fast-growing provider of digital marketing services for the global online gambling industry, today reported financial results for the fourth quarter and full-year ended December 31, 2024.
Charles Gillespie, Chief Executive Officer and Co-Founder of Gambling.com Group, commented, “Our record fourth quarter and full-year results were driven by our team’s prioritization of iGaming across the markets where we operate. Our team delivered outstanding performance in the quarter, especially when compared to the launch driven results in the prior-year period. We anticipate growth and continued market share gains in our performance marketing business across all geographic regions in 2025, including North America. The consolidation of Odds Holdings, Inc. from January 1st marks the start of the Company’s next phase of growth as we layer on sports data solutions to our existing, high-growth, high-margin business. Our competitive positioning is strong across the globe.”
“We capped an active and productive year during which we set the stage for continued strong growth in 2025 and beyond,” said Mr. Gillespie. “In 2024, we extended our record of delivering full-year revenue, Adjusted EBITDA and Free Cash Flow growth with those metrics improving 17%, 33%, and 81%, respectively, year-over-year. In addition, we strengthened our product and market positioning organically as well as through the complementary, accretive acquisitions of Freebets.com and Odds Holdings. With the biggest and most talented team we have ever had and an enhanced product offering, we are making great progress towards our goal of reaching $100 million in annual Adjusted EBITDA.”
Elias Mark, Chief Financial Officer of Gambling.com Group, added, “Fourth quarter revenue and Adjusted EBITDA increased 9% and 39% year-over-year, respectively, and over 80% of Adjusted EBITDA converted to free cash flow, reflecting the continued success of our strategies to optimize the returns from our global portfolio of owned and operated assets. As expected, we generated strong online casino growth across all our geographical regions, while our North American business continued to be resilient against challenging comparables. As reflected in our full-year guidance, we expect to generate significant year-over-year revenue and Adjusted EBITDA growth in 2025, and we are well-positioned to carry this operating momentum forward.”
Financial Highlights Three Months Ended December 31, 2024 vs. Three Months Ended December 31, 2023
(USD in thousands, except per share data, unaudited)
|
Three Months Ended December 31, |
|
Change |
|||||
|
2024 |
|
2023 |
|
% |
|||
Revenue |
35,308 |
|
|
32,530 |
|
|
9 |
% |
Net income for the period attributable to shareholders |
7,933 |
|
|
6,372 |
|
|
24 |
% |
Net income per share attributable to shareholders, diluted |
0.23 |
|
|
0.16 |
|
|
44 |
% |
Net income margin |
22 |
% |
|
20 |
% |
|
|
|
Adjusted net income for the period attributable to shareholders (1) |
12,172 |
|
|
8,622 |
|
|
41 |
% |
Adjusted net income per share attributable to shareholders, diluted (1) |
0.35 |
|
|
0.22 |
|
|
59 |
% |
Adjusted EBITDA (1) |
14,736 |
|
|
10,569 |
|
|
39 |
% |
Adjusted EBITDA Margin (1) |
42 |
% |
|
32 |
% |
|
|
|
Cash flows generated by operating activities |
13,698 |
|
|
7,140 |
|
|
92 |
% |
Free Cash Flow (1) |
13,162 |
|
|
6,511 |
|
|
102 |
% |
__________ |
(1) Represents a non-IFRS measure. See “Supplemental Information – Non-IFRS Financial Measures” and the tables at the end of this release for reconciliations to the comparable IFRS numbers. |
Fourth Quarter 2024 and Recent Business Highlights
- Delivered more than 145,000 new depositing customers (“NDCs”)
- Repurchased 486,312 shares at an average price of $9.80 per share
- Won Casino Affiliate of the Year at the 2024 EGR Operator Awards
- Completed accretive acquisition of Odds Holdings, Inc. on January 1, 2025 for initial consideration of $70 million in cash and $10 million in shares
- Expanded credit facility to $165 million with a new syndicate
Three Months Ended December 31, 2024 Results Compared to Three Months Ended December 31, 2023
Revenue rose 9% year-over-year to a record $35.3 million. The Company delivered more than 145,000 NDCs to clients, a 9% year-over-year decrease reflecting a challenging comparison primarily due to ESPNBet’s launch in 17 markets in the 2023 fourth quarter period.
Gross profit increased 21% to $33.1 million, due to strong revenue growth and a $2.9 million year-over-year decrease in cost of sales related to the Company’s media partnerships.
Total operating expenses increased 21% to $23.3 million, primarily as a result of increased people costs and higher amortization related to the acquisition of Freebets.com and related assets.
Net income attributable to shareholders increased $1.6 million to $7.9 million and net income per share was $0.23 compared to $0.16 in the prior year period. Adjusted net income rose 41% to $12.2 million and adjusted net income per share increased 59% to $0.35.
Adjusted EBITDA increased 39% to a record $14.7 million, reflecting an Adjusted EBITDA margin of 42% as compared to Adjusted EBITDA of $10.6 million and an Adjusted EBITDA margin of 32% in the prior-year period.
Operating cash flow of $13.7 million compared to $7.1 million in the prior-year period. Free cash flow grew 102% to $13.2 million reflecting growth in net income and Adjusted EBITDA and positive working capital movements in the quarter.
2025 Outlook
Gambling.com Group today reiterated the 2025 full-year revenue and Adjusted EBITDA guidance originally provided on February 19, 2025. The Company expects full year revenue of $170 million to $174 million and Adjusted EBITDA of $67 million to $69 million. The midpoints of the new full year revenue and Adjusted EBITDA guidance ranges represent year-over-year growth of 35% and 40%, respectively, and an adjusted EBITDA margin of 39.5%.
The Company’s guidance assumes:
- Incremental Adjusted EBITDA contributions of approximately $14.5 million related to the acquisition of Odds Holdings, Inc. that was completed on January 1, 2025.
- No additional North American markets coming online over the balance of 2025. While online sports betting is expected to begin in Missouri in the second half of 2025, the Company’s guidance policy excludes any benefits from new state launches until such time as a definitive start date is announced by the appropriate regulatory body.
- An average EUR/USD exchange rate of 1.07 throughout 2025.
Financial Highlights Full Year Ended December 31, 2024 vs. Full Year Ended December 31, 2023
(USD in thousands, except per share data, unaudited)
|
Year ended December 31, |
|
Change |
|||||
|
2024 |
|
2023 |
|
% |
|||
Revenue |
127,182 |
|
|
108,652 |
|
|
17 |
% |
Net income for the period attributable to shareholders |
30,679 |
|
|
18,260 |
|
|
68 |
% |
Net income per share attributable to shareholders, diluted |
0.84 |
|
|
0.47 |
|
|
79 |
% |
Net income margin |
24 |
% |
|
17 |
% |
|
|
|
Adjusted net income for the period attributable to shareholders (1) |
42,120 |
|
|
32,207 |
|
|
31 |
% |
Adjusted net income per share attributable to shareholders, diluted (1) |
1.16 |
|
|
0.84 |
|
|
38 |
% |
Adjusted EBITDA (1) |
48,691 |
|
|
36,715 |
|
|
33 |
% |
Adjusted EBITDA Margin (1) |
38 |
% |
|
34 |
% |
|
|
|
Cash flows generated by operating activities |
37,638 |
|
|
17,910 |
|
|
110 |
% |
Free Cash Flow (1) |
41,582 |
|
|
23,000 |
|
|
81 |
% |
__________ |
(1) Represents a non-IFRS measure. See “Supplemental Information – Non-IFRS Financial Measures” and the tables at the end of this release for reconciliations to the comparable IFRS numbers. |
Financial reports
PGCB Reports Record Revenue of Nearly $6.4 Billion from Legal Gambling in State Fiscal Year

The Pennsylvania Gaming Control Board (“PGCB”) today reported that revenue generated during the combined Fiscal Year 2024/2025 of gaming it regulates reached a record level of $6,394,641,819.
This figure consists of the combined revenue from casino slot machines and table games, iGaming, sports wagering, video gaming terminals (VGTs) and fantasy sports contests. The amount eclipses the previous high for revenue in a fiscal year of $5,892,516,807 achieved in 2023/2024. Pennsylvania’s Fiscal Year runs from July 1 to June 30.
The resulting tax revenue from the play of these games in Fiscal Year 2024/2025 was $2,797,395,982. That figure eclipses the previous high for tax revenue in a fiscal year achieved during 2023/2024 of approximately $2.54 billion. The estimated amounts for revenue and taxes being reported are prior to any possible adjustments by the PA Department of Revenue.
Tax revenue from the various forms of gaming regulated by the PGCB is returned to Pennsylvanians in a number of ways. These include, but are not limited to:
- school property tax reduction on an owner’s primary residence;
- state, county, and local economic development, safety and recreational projects;
- support of the agricultural industry through support of horse racing; and,
- revenue toward the Commonwealth’s General Fund.
A comparison of combined revenue is below:
Fiscal Year |
Slot Machine Revenue |
iGaming Revenue |
Table Games Revenue |
Sports Wagering Revenue |
VGT’s Revenue |
Fantasy Sports Contests |
Total Gaming Revenue |
12/13 |
$2,428,887,430 |
|
$713,107,163 |
|
|
|
$3,141,994,593 |
13/14 |
$2,319,890,598 |
|
$731,874,861 |
|
|
|
$3,051,765,460 |
14/15 |
$2,335,787,919 |
|
$779,738,065 |
|
|
|
$3,115,525,984 |
15/16 |
$2,388,658,549 |
|
$839,177,086 |
|
|
|
$3,227,835,635 |
16/17 |
$2,336,152,508 |
|
$866,518,820 |
|
|
|
$3,202,671,328 |
17/18 |
$2,352,320,937 |
|
$895,278,806 |
|
|
$2,349,569 |
$3,249,949,311 |
18/19 |
$2,378,859,341 |
|
$885,588,231 |
$21,730,113 |
|
$23,588,490 |
$3,309,766,175 |
19/20 |
$1,697,955,473 |
$240,894,852 |
$644,543,736 |
$113,724,759 |
$6,798,123 |
$20,868,176 |
$2,724,785,117 |
20/21 |
$1,887,573,437 |
$897,216,020 |
$721,763,471 |
$308,849,184 |
$31,334,744 |
$28,186,529 |
$3,874,923,386 |
21/22 |
$2,410,313,212 |
$1,232,309,138 |
$1,015,735,661 |
$315,716,247 |
$41,584,158 |
$27,308,976 |
$5,042,967,392 |
22/23 |
$2,452,239,440 |
$1,532,761,065 |
$974,018,112 |
$491,960,612 |
$42,114,593 |
$20,668,195 |
$5,513,762,017 |
23/24 |
$2,438,537,357 |
$1,949,017,248 |
$958,027,818 |
$486,566,429 |
$41,105,387 |
$19,262,568 |
$5,892,516,807 |
24/25 |
$2,440,474,767 |
$2,477,083,825 |
$928,915,940 |
$487,639,844 |
$41,392,843 |
$19,134,601 |
$6,394,641,819 |
Retail Slot Machine Revenue
Fiscal Year 2024/25 gross revenue from slot machines at the casinos was $2,440,474,767, a 0.08% increase in revenue when compared to the $2,438,537,357 generated in Fiscal Year 2023/24.
Slot machine revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:
Retail Slot Machine Revenue by Operator |
Slot Machine Revenue FY2024/25 |
Slot Machine Revenue FY2023/24 |
% Change |
Parx Casino |
$377,741,868 |
$377,032,792 |
0.19% |
Wind Creek Bethlehem |
$281,813,834 |
$284,307,219 |
-0.88% |
Rivers Casino Pittsburgh |
$259,376,552 |
$265,520,300 |
-2.31% |
Mohegan Pennsylvania |
$175,512,043 |
$178,826,406 |
-1.85% |
Hollywood Casino at the Meadows |
$165,364,220 |
$162,709,117 |
1.63% |
Mount Airy Casino Resort |
$153,287,514 |
$155,143,779 |
-1.20% |
Live! Casino Philadelphia |
$152,124,613 |
$144,926,580 |
4.97% |
Rivers Casino Philadelphia |
$137,486,000 |
$133,819,461 |
2.74% |
Hollywood Casino at Penn National Race Course |
$134,995,246 |
$137,320,744 |
-1.69% |
Harrah’s Philadelphia |
$105,042,096 |
$109,918,495 |
-4.44% |
Valley Forge Casino Resort |
$103,226,169 |
$103,889,859 |
-0.64% |
Live! Casino Pittsburgh |
$99,739,181 |
$99,808,958 |
-0.07% |
Presque Isle Downs and Casino |
$85,948,165 |
$89,925,305 |
-4.42% |
Hollywood Casino York |
$85,268,464 |
$80,121,662 |
6.42% |
Hollywood Casino Morgantown |
$61,408,784 |
$59,013,269 |
4.06% |
Parx Shippensburg |
$36,866,401 |
$34,471,430 |
6.95% |
The Casino at Nemacolin |
$25,273,617 |
$21,781,982 |
16.03% |
Statewide Total |
$2,440,474,767 |
$2,438,537,357 |
0.08% |
Tax revenue from the play of slots machines in Fiscal Year 2024/25, including mandated fees paid by some operators, amounted to $1,343,013,822.
Retail Table Games Revenue
Fiscal Year 2024/25 gross revenue from table games at the casinos was $928,915,940, a 3.04% decrease in revenue when compared to the $958,027,818 generated in Fiscal Year 2023/24.
Table games revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:
Retail Table Games Revenue by Operator |
Table Games Revenue FY2024/25 |
Table Games Revenue FY2023/24 |
% Change |
Wind Creek Bethlehem |
$248,027,460 |
$252,200,606 |
-1.65% |
Parx Casino |
$196,413,495 |
$199,049,817 |
-1.32% |
Live! Casino Philadelphia |
$104,163,224 |
$107,817,308 |
-3.39% |
Rivers Casino Philadelphia |
$82,091,166 |
$86,998,189 |
-5.64% |
Rivers Casino Pittsburgh |
$73,919,682 |
$79,129,580 |
-6.58% |
Valley Forge Casino Resort |
$37,167,593 |
$33,693,962 |
10.31% |
Mount Airy Casino Resort |
$35,514,513 |
$34,636,221 |
2.54% |
Mohegan Pennsylvania |
$28,386,495 |
$27,999,899 |
1.38% |
Hollywood Casino at Penn National Race Course |
$24,867,554 |
$24,576,944 |
1.18% |
Harrah’s Philadelphia Casino |
$22,172,289 |
$26,708,238 |
-16.98% |
Hollywood Casino at the Meadows |
$21,931,051 |
$28,181,270 |
-22.18% |
Live! Casino Pittsburgh |
$14,750,775 |
$15,535,302 |
-5.05% |
Hollywood Casino York |
$13,612,400 |
$15,918,424 |
-14.49% |
Presque Isle Downs and Casino |
$12,364,452 |
$13,038,895 |
-5.17% |
Hollywood Casino Morgantown |
$10,207,462 |
$9,272,263 |
10.09% |
The Casino at Nemacolin |
$2,552,301 |
$2,377,478 |
7.35% |
Parx Shippensburg |
$774,029 |
$893,423 |
-13.36% |
Statewide Total |
$928,915,940 |
$958,027,818 |
-3.04% |
Tax revenue from the play of table games in Fiscal Year 2024/25 was $154,879,545.
Internet Casino-Type Gaming (iGaming) Revenue
Fiscal Year 2024/25 revenue from iGaming was $2,477,083,825, a 27.09% increase in revenue when compared to the $1,949,017,248 generated in Fiscal Year 2023/24. This revenue amount is a high mark for a fiscal year.
Operator |
FY2024/25 |
FY2023/24 |
% Change |
Hollywood Casino at Penn National Race Course |
$935,823,045 |
$751,177,422 |
24.58% |
Valley Forge Casino Resort |
$675,170,190 |
$482,491,457 |
39.93% |
Rivers Casino Philadelphia |
$411,718,444 |
$356,647,653 |
15.44% |
Harrah’s Philadelphia |
$115,994,074 |
$102,020,334 |
13.70% |
Golden Nugget |
$79,696,001 |
$39,281,525 |
102.88% |
Parx Casino |
$58,964,411 |
$58,835,932 |
0.22% |
Live! Casino Philadelphia |
$54,177,983 |
$39,973,190 |
35.54% |
Mount Airy Casino Resort |
$42,559,169 |
$46,187,631 |
-7.86% |
Bally’s Pennsylvania |
$41,566,491 |
$32,518,516 |
27.82% |
Presque Isle Downs and Casino |
$23,128,408 |
n/a |
n/a |
Mohegan Pennsylvania |
$20,183,159 |
$17,081,366 |
18.16% |
Wind Creek Bethlehem |
$18,102,450 |
$22,802,222 |
-20.61% |
Statewide Total |
$2,477,083,825 |
$1,949,017,248 |
27.09% |
Tax revenue from iGaming in Fiscal Year 2024/25 was $1,099,557,803.
Sports Wagering Revenue
Fiscal Year 2024/25 revenue from sports wagering was $487,639,844, a 0.22% decrease in revenue when compared to the $486,566,429 generated in Fiscal Year 2023/24. At the same time, the sports wagering handle increased between the two fiscal years from $8,169,540,520 to $8,721,795,533.
Sports wagering revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:
Sports Wagering Revenue by Operator |
Sports Wagering Revenue FY2024/25 |
Sports Wagering Revenue FY2023/24 |
% Change |
Valley Forge Casino Resort |
$250,290,144 |
$249,370,325 |
0.37% |
Hollywood Casino at the Meadows |
$131,189,196 |
$137,139,171 |
-4.34% |
Hollywood Casino Morgantown |
$19,991,392 |
$21,196,614 |
-5.69% |
Hollywood Casino at Penn National Race Course |
$16,995,365 |
$4,701,217 |
261.51% |
Rivers Casino Pittsburgh |
$14,869,925 |
$16,901,149 |
-12.02% |
Parx Casino |
$12,466,404 |
$16,833,893 |
-25.94% |
Hollywood Casino York |
$10,753,708 |
$6,102,831 |
76.21% |
Harrah’s Philadelphia |
$9,983,926 |
$8,362,280 |
19.39% |
Rivers Casino Philadelphia |
$9,215,349 |
$8,289,394 |
11.17% |
Live! Casino Philadelphia |
$5,326,723 |
$6,331,196 |
-15.87% |
Presque Isle Downs and Casino |
$1,788,457 |
$1,043,731 |
71.35% |
Live! Casino Pittsburgh |
$1,518,356 |
$1,609,231 |
-5.65% |
Mohegan Sun Lehigh Valley |
$1,076,750 |
$1,397,927 |
-22.98% |
Mohegan Pennsylvania |
$973,182 |
$3,271,401 |
-70.25% |
Wind Creek Bethlehem |
$489,195 |
$1,072,775 |
-54.40% |
Mount Airy Casino Resort |
$357,192 |
$704,580 |
-49.30% |
South Philly Race & Sportsbook |
$250,878 |
$2,038,030 |
-87.69% |
Parx Shippensburg |
$103,704 |
$109,718 |
-5.48% |
Parx Malvern |
n/a |
$90,967 |
n/a |
Statewide Total |
$487,639,844 |
$486,566,429 |
0.22% |
Tax revenue from Sports Wagering in Fiscal Year 2024/25 was $175,550,344.
Video Gaming Terminals
Fiscal Year 2024/25 revenue for Video Gaming Terminals at Truck Stops was $41,392,843, a 0.70% increase when compared to the $41,105,387 in Fiscal Year 2023/24. Â At the end of this fiscal year, there were 75 VGT facilities operating in Pennsylvania compared to 74 facilities in operation at the end of Fiscal Year 2023/2024.
VGT revenue for each of the providers, with the percentage change reflected over the previous year, is as follows:
VGT Terminal Operator |
VGT Revenue FY2024/25 |
VGT Revenue FY2023/24 |
% Change |
Marquee by Penn1 |
$27,567,893 |
$25,876,995 |
6.53% |
J&J Ventures Gaming2 |
$10,410,895 |
$11,462,180 |
-9.17% |
Jango Entertainment3 |
$3,250,748 |
$3,419,612 |
-4.94% |
Venture Gaming LLC4 |
$109,734 |
$266,424 |
-58.81% |
Accel Entertainment Gaming5 |
$53,573 |
$80,177 |
-33.18% |
Statewide Total |
$41,392,843 |
$41,105,387 |
0.70% |
Tax revenue from VGTs in Fiscal Year 2024/25 was $21,524,278.
Fantasy Contests Revenue
Fiscal Year 2024/25 revenue from fantasy contests was $19,134,601, a 0.66% decrease in revenue when compared to the $19,262,568 generated in Fiscal Year 2023/24.
Fantasy contests revenue for each of the providers, with the percentage change reflected over the previous year, is as follows:
Fantasy Contests Operator |
Fantasy Revenue FY2024/25 |
Fantasy Revenue FY2023/24 |
% Change |
DraftKings |
$13,359,018 |
$13,585,594 |
-1.67% |
FanDuel |
$3,291,034 |
$3,685,166 |
-10.70% |
UnderDog Sports |
$1,900,354 |
$1,306,281 |
45.48% |
Fantasy Football Players Championship |
$255,652 |
$292,287 |
-12.53% |
Yahoo Fantasy Sports |
$152,853 |
$219,313 |
-30.30% |
Sportshub Technologies |
$72,239 |
$72,931 |
-0.95% |
Fantasy Sports Gaming, LLC |
$67,624 |
$69,398 |
-2.56% |
DataForce |
$38,216 |
$35,986 |
6.20% |
Jock MKT |
$0 |
-$131 |
-100.00% |
OwnersBox |
-$2,389 |
-$4,257 |
-43.88% |
Statewide Total |
$19,134,601 |
$19,262,568 |
-0.66% |
Tax revenue from Fantasy Contests in Fiscal Year 2024/25 was $2,870,190.
Financial reports
Detroit Casinos Report $101M in June Revenue

The three Detroit casinos—MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown—collectively generated $101.04 million in revenue for June 2025.
Table games and slot machines accounted for $100.38 million of the monthly total, while retail sports betting contributed $665,435.
June 2025 Market Share:
• MGM Grand Detroit: 48%
• MotorCity Casino: 31%
• Hollywood Casino at Greektown: 21%
Table Games and Slot Machine Revenue
Revenue from table games and slots decreased by 4.0% compared with June 2024 and dropped 11% from May 2025. For the first half of 2025 (January 1 – June 30), combined table games and slots revenue was down 0.8% year-over-year.
Casino-specific revenues compared to June 2024 were:
• MGM Grand Detroit: $48.43 million, down 0.6%
• MotorCity Casino: $30.63 million, down 2.7%
• Hollywood Casino at Greektown: $21.32 million, down 12.5%
The three casinos paid $8.1 million in state gaming taxes in June 2025, down from $8.5 million in June 2024. They also submitted $11.9 million in wagering taxes and development agreement payments to the City of Detroit.
Retail Sports Betting Revenue
In June 2025, the casinos reported a combined retail sports betting handle of $7.2 million, generating $666,374 in gross receipts. Qualified adjusted gross receipts (QAGR) from retail sports betting fell 25.1% from June 2024 and 48.1% from May 2025.
QAGR by casino:
• MGM Grand Detroit: $275,397
• MotorCity Casino: $242,069
• Hollywood Casino at Greektown: $147,969
The casinos paid $25,153 in state taxes from retail sports betting revenue and submitted $30,743 in wagering taxes to the City of Detroit.
Fantasy Contests
Fantasy contest operators reported $716,927 in adjusted revenues for May 2025 and paid $60,222 in taxes.
Financial reports
PA Gaming Control Board Reports a Nearly 11% increase of Gaming Revenue in April

The Pennsylvania Gaming Control Board (PGCB) reported today that the combined total revenue generated from all forms of gaming along with fantasy contests during April 2025 was $558,717,922, an increase of 10.7% from last April.
The following chart compiles all revenue generated in April 2025 by casinos, along with fantasy contests and VGTs operated by other vendors and includes a comparison to total revenue generated in April 2024.
Source |
April 2025 Total Revenue |
April 2024 Total Revenue |
% Change |
Valley Forge Casino Resort |
$99,090,172 |
$85,340,755 |
16.11% |
Hollywood Casino at Penn National Race Course |
$97,719,246 |
$78,343,398 |
24.73% |
Rivers Casino Philadelphia |
$56,209,401 |
$49,076,360 |
14.53% |
Parx Casino |
$54,211,940 |
$53,793,286 |
0.78% |
Wind Creek Bethlehem |
$47,825,103 |
$46,326,454 |
3.23% |
Rivers Casino Pittsburgh |
$27,533,445 |
$28,478,326 |
-3.32% |
Hollywood Casino at the Meadows |
$27,138,316 |
$26,007,948 |
4.35% |
Live! Casino Philadelphia |
$26,562,159 |
$24,304,441 |
9.29% |
Harrah’s Philadelphia |
$23,511,110 |
$21,071,057 |
11.58% |
Mohegan Pennsylvania |
$19,130,831 |
$20,024,953 |
-4.47% |
Mount Airy Casino Resort |
$17,803,898 |
$19,187,606 |
-7.21% |
Presque Isle Downs and Casino |
$13,732,651 |
$8,862,424 |
54.95% |
Hollywood Casino York |
$10,235,524 |
$8,450,128 |
21.13% |
Live! Casino Pittsburgh |
$9,585,109 |
$10,589,049 |
-9.48% |
Golden Nugget |
$7,670,389 |
$3,544,056 |
116.43% |
Hollywood Casino Morgantown |
$7,532,447 |
$7,330,347 |
2.76% |
Video Gaming Terminals |
$3,518,821 |
$3,648,270 |
-3.55% |
Parx Shippensburg |
$3,160,614 |
$3,125,398 |
1.13% |
Bally’s Pennsylvania |
$2,958,241 |
$3,812,426 |
-22.41% |
The Casino at Nemacolin |
$2,331,513 |
$2,138,432 |
9.03% |
Fantasy Contests |
$1,256,994 |
$1,228,294 |
2.34% |
Statewide Total |
$558,717,922 |
$504,683,409 |
10.71% |
Total tax from games revenue during April 2025 was $234,493,926*.
April Revenue by Game Type
The PGCB is also providing a synopsis of revenue year-over-year by types of games:Â
Type of Gaming Revenue |
April 2025 |
April 2024 |
% Change |
Retail Slots Revenue |
$203,094,831 |
$205,485,828 |
-1.16% |
iGaming Slots Revenue |
$169,478,496 |
$126,013,832 |
34.49% |
Retail Tables Revenue |
$80,604,940 |
$78,482,947 |
2.70% |
iGaming Tables Revenue |
$55,892,309 |
$45,006,006 |
24.19% |
Sports Wagering Revenue |
$42,533,444 |
$42,412,510 |
0.29% |
Video Gaming Terminals Revenue |
$3,518,821 |
$3,648,270 |
-3.55% |
iGaming Poker Revenue |
$2,338,087 |
$2,405,721 |
-2.81% |
Fantasy Contests Revenue |
$1,256,994 |
$1,228,294 |
2.34% |
Total Gaming Revenue |
$558,717,922 |
$504,683,409 |
10.71% |
Slot Machine Revenue
April’s revenue from the play of retail slot machines was $203,094,831, a 1.16% decrease in revenue when compared to the $205,485,828 generated in April 2024.
The number of slot machines in operation in April 2025 was 24,363 compared to 24,890 at the casinos in April 2024.Â
Slot machine revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:
Casino |
April 2025 Slots Revenue |
April 2024 Slots Revenue |
% Change |
Parx Casino |
$31,398,827 |
$31,627,184 |
-0.72% |
Wind Creek Bethlehem |
$22,484,142 |
$22,648,114 |
-0.72% |
Rivers Casino Pittsburgh |
$20,903,809 |
$21,552,173 |
-3.01% |
Mohegan Pennsylvania |
$15,066,512 |
$15,605,963 |
-3.46% |
Hollywood Casino at the Meadows |
$13,359,817 |
$13,791,981 |
-3.13% |
Live! Casino Philadelphia |
$12,578,702 |
$12,575,159 |
0.03% |
Mount Airy Casino Resort |
$11,989,812 |
$12,266,755 |
-2.26% |
Rivers Casino Philadelphia |
$11,807,479 |
$12,032,212 |
-1.87% |
Hollywood Casino at Penn National Race Course |
$11,528,692 |
$11,684,897 |
-1.34% |
Valley Forge Casino Resort |
$9,401,048 |
$9,035,378 |
4.05% |
Harrah’s Philadelphia |
$8,833,678 |
$9,080,862 |
-2.72% |
Live! Casino Pittsburgh |
$8,142,058 |
$9,126,484 |
-10.79% |
Presque Isle Downs and Casino |
$7,631,607 |
$7,476,168 |
2.08% |
Hollywood Casino York |
$7,560,618 |
$6,728,004 |
12.38% |
Hollywood Casino Morgantown |
$5,261,874 |
$5,338,456 |
-1.43% |
Parx Shippensburg |
$3,106,843 |
$3,040,633 |
2.18% |
The Casino at Nemacolin |
$2,039,313 |
$1,875,402 |
8.74% |
Statewide Total |
$203,094,831 |
$205,485,828 |
-1.16% |
Tax revenue from the play of slot machines in April 2025 was $102,841,807*.
Retail Table Games Revenue
Retail Table Games revenue for April 2025 was $80,604,940, an increase of 2.70% from April 2024 when revenue was $78,482,947.
Table games revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows.
Casino |
April 2025 Table Games Revenue |
April 2024 Table Games Revenue |
% Change |
Wind Creek Bethlehem |
$23,971,086 |
$21,882,043 |
9.55% |
Parx Casino |
$16,102,523 |
$15,718,477 |
2.44% |
Live! Casino Philadelphia |
$9,233,598 |
$7,704,612 |
19.85% |
Rivers Casino Philadelphia |
$7,937,680 |
$6,993,058 |
13.51% |
Rivers Casino Pittsburgh |
$5,950,178 |
$6,154,381 |
-3.32% |
Valley Forge Casino Resort |
$2,883,706 |
$2,797,020 |
3.10% |
Mount Airy Casino Resort |
$2,380,314 |
$2,949,545 |
-19.30% |
Harrah’s Philadelphia |
$2,271,048 |
$2,071,503 |
9.63% |
Mohegan Pennsylvania |
$2,026,335 |
$2,662,142 |
-23.88% |
Hollywood Casino at the Meadows |
$1,632,924 |
$2,387,398 |
-31.60% |
Hollywood Casino York |
$1,496,542 |
$1,086,823 |
37.70% |
Hollywood Casino at Penn National Race Course |
$1,321,634 |
$2,176,702 |
-39.28% |
Live! Casino Pittsburgh |
$1,195,412 |
$1,375,312 |
-13.08% |
Presque Isle Downs and Casino |
$1,075,228 |
$1,319,443 |
-18.51% |
Hollywood Casino Morgantown |
$786,348 |
$870,996 |
-9.72% |
The Casino at Nemacolin |
$292,200 |
$263,030 |
11.09% |
Parx Shippensburg |
$48,185 |
$70,462 |
-31.62% |
Statewide Total |
$80,604,940 |
$78,482,947 |
2.70% |
Total tax revenue from table games play during April 2025 was $13,496,060*.
Internet Casino-Type Gaming (iGaming) Revenue
Casino games offered online generated monthly gross revenue totaling $227,708,892 during April 2025. Compared to revenue of $173,425,559 in April 2024, this represents an increase of 31.30%.
A breakdown of revenue of casino games offered online is as follows:
Casino Operator |
iSlots Revenue |
iTables Revenue |
iPoker Revenue |
Total iGaming Revenue |
Hollywood Casino at Penn National Race Course |
$57,479,821 |
$25,212,629 |
$498,895 |
$83,191,345 |
Valley Forge Casino Resort |
$48,266,132 |
$18,464,415 |
|
$66,730,547 |
Rivers Casino Philadelphia |
$31,127,572 |
$4,490,644 |
$266,573 |
$35,884,789 |
Harrah’s Philadelphia |
$8,115,975 |
$2,670,850 |
$378,874 |
$11,165,698 |
Golden Nugget |
$7,136,062 |
$534,327 |
|
$7,670,389 |
Parx Casino |
$4,809,436 |
$960,916 |
|
$5,770,352 |
Live! Casino Philadelphia |
$3,737,078 |
$861,343 |
|
$4,598,421 |
Mount Airy Casino Resort |
$1,755,991 |
$510,777 |
$1,193,745 |
$3,460,513 |
Presque Isle Downs and Casino |
$1,859,955 |
$1,253,532 |
|
$3,113,487 |
Bally’s Pennsylvania |
$2,570,604 |
$387,637 |
|
$2,958,241 |
Mohegan Pennsylvania |
$1,528,712 |
$301,957 |
|
$1,830,668 |
Wind Creek Bethlehem |
$1,091,159 |
$243,283 |
|
$1,334,442 |
Statewide Total |
$169,478,496 |
$55,892,309 |
$2,338,087 |
$227,708,892 |
Tax revenue generated from iGaming during April 2025 was $100,825,684*.
Total iGaming revenue for each of the casinos during April 2025 and April 2024, if applicable, is as follows:
Operator |
April 2025 |
April 2024 |
% Change |
Hollywood Casino at Penn National Race Course |
$83,191,345 |
$62,315,703 |
33.50% |
Valley Forge Casino Resort |
$66,730,547 |
$48,092,985 |
38.75% |
Rivers Casino Philadelphia |
$35,884,789 |
$30,642,859 |
17.11% |
Harrah’s Philadelphia |
$11,165,698 |
$9,409,722 |
18.66% |
Golden Nugget |
$7,670,389 |
$3,544,056 |
116.43% |
Parx Casino |
$5,770,352 |
$4,990,916 |
15.62% |
Live! Casino Philadelphia |
$4,598,421 |
$3,436,705 |
33.80% |
Mount Airy Casino Resort |
$3,460,513 |
$3,956,965 |
-12.55% |
Presque Isle Downs and Casino |
$3,113,487 |
n/a |
n/a |
Bally’s Pennsylvania |
$2,958,241 |
$3,812,426 |
-22.41% |
Mohegan Pennsylvania |
$1,830,668 |
$1,412,160 |
29.64% |
Wind Creek Bethlehem |
$1,334,442 |
$1,811,063 |
-26.32% |
Statewide Total |
$227,708,892 |
$173,425,559 |
31.30% |
Sports Wagering Revenue
April 2025 total sports wagering handle was $711,569,216, 10.14% above the April 2024 total of $646,061,065.Â
The taxable revenue figure for April 2025 was $42,533,444, or 0.29% higher when compared to April 2024, when taxable revenue was $42,412,510.Â
April 2025 sports wagering total handle and revenue are as follows:
Casino Operator |
Total Handle2 |
Retail Revenue |
Online Revenue |
Total Revenue |
Valley Forge Casino Resort |
$269,836,185 |
-$35,399 |
$20,110,270 |
$20,074,871 |
Hollywood Casino at the Meadows |
$185,602,950 |
$53,276 |
$12,092,299 |
$12,145,575 |
Presque Isle Downs and Casino |
$34,243,132 |
$31,271 |
$1,881,058 |
$1,912,329 |
Hollywood Casino at Penn National |
$32,151,458 |
$72,749 |
$1,604,825 |
$1,677,575 |
Hollywood Casino Morgantown |
$60,055,196 |
-$26,384 |
$1,510,609 |
$1,484,225 |
Harrah’s Philadelphia |
$25,824,434 |
$134,774 |
$1,105,911 |
$1,240,686 |
Hollywood Casino York |
$42,038,254 |
$918 |
$1,177,446 |
$1,178,364 |
Parx Casino |
$14,986,726 |
$263,367 |
$676,869 |
$940,237 |
Rivers Casino Pittsburgh |
$25,411,936 |
$218,799 |
$460,660 |
$679,459 |
Rivers Casino Philadelphia |
$12,149,428 |
$66,794 |
$512,660 |
$579,454 |
Live! Casino Pittsburgh |
$1,087,213 |
$247,640 |
$0 |
$247,640 |
Live! Casino Philadelphia |
$5,490,455 |
$151,438 |
$0 |
$151,438 |
Mohegan Pennsylvania |
$717,634 |
$117,077 |
$0 |
$117,077 |
Mohegan Lehigh Valley1 |
$712,790 |
$90,238 |
$0 |
$90,238 |
Wind Creek Bethlehem |
$828,888 |
-$620 |
$36,053 |
$35,434 |
Parx Shippensburg |
$42,879 |
$5,585 |
$0 |
$5,585 |
Mount Airy Casino Resort |
$389,661 |
-$26,742 |
$0 |
-$26,742 |
Statewide Total |
$711,569,216 |
$1,364,783 |
$41,168,661 |
$42,533,444 |
1Â Operated by Mohegan Pennsylvania
2Â A breakout of the handle between retail and online sportsbooks can be found on the website report.
Sports wagering revenue for each of the casinos and plus the one Off Track Betting facility during April 2025 and April 2024, if applicable, is as follows:
Operator |
April 2025 Sports Wagering Revenue |
April 2024 Sports Wagering Revenue |
% Change |
Valley Forge Casino Resort |
$20,074,871 |
$25,415,372 |
-21.01% |
Hollywood Casino at the Meadows |
$12,145,575 |
$9,828,569 |
23.57% |
Presque Isle Downs and Casino |
$1,912,329 |
$66,814 |
2762.17% |
Hollywood Casino at Penn National Race Course |
$1,677,575 |
$2,166,095 |
-22.55% |
Hollywood Casino Morgantown |
$1,484,225 |
$1,120,894 |
32.41% |
Harrah’s Philadelphia |
$1,240,686 |
$508,970 |
143.76% |
Hollywood Casino York |
$1,178,364 |
$635,301 |
85.48% |
Parx Casino |
$940,237 |
$1,343,210 |
-30.00% |
Rivers Casino Pittsburgh |
$679,459 |
$771,772 |
-11.96% |
Rivers Casino Philadelphia |
$579,454 |
-$591,769 |
-197.92% |
Live! Casino Pittsburgh |
$247,640 |
$87,253 |
183.82% |
Live! Casino Philadelphia |
$151,438 |
$587,965 |
-74.24% |
Mohegan Pennsylvania |
$117,077 |
$168,079 |
-30.34% |
Mohegan Lehigh Valley2 |
$90,238 |
$176,609 |
-48.91% |
Wind Creek Bethlehem |
$35,434 |
-$14,766 |
-339.96% |
Parx Shippensburg |
$5,585 |
$14,302 |
-60.95% |
Mount Airy Casino Resort |
-$26,742 |
$14,342 |
n/a |
South Philly Race & Sportsbook1 3 |
n/a |
$113,499 |
n/a |
Statewide Total |
$42,533,444 |
$42,412,510 |
0.29% |
1Operated by Parx Casino
2Â Operated by Mohegan Pennsylvania
3Â No longer operating
Tax revenue generated from sports wagering during April 2025 was $15,312,040*.
Video Gaming Terminals
Total adjusted revenue for April 2025 for video gaming terminals (VGTs) was $3,518,821, 3.55% lower than April 2024 when revenue was $3,648,270. By the end of April 2025, all VGT Operators offered the maximum permitted five machines at each of the 74 qualified truck stop establishments, compared to five machines at each of the 74 establishments at this time last year.
Truck Stop VGT adjusted revenue for each of the terminal operators during April 2025 is as follows:
VGTs Terminal Operator |
April 2025 VGT Revenue |
April 2024 VGT Revenue |
% Change |
Marquee by Penn1 |
$2,407,652 |
$2,388,864 |
0.79% |
J&J Ventures Gaming2 |
$800,157 |
$960,004 |
-16.65% |
Jango3 |
$311,012 |
$249,650 |
24.58% |
Accel Entertainment Gaming5 |
$0 |
$4,696 |
n/a |
Venture Gaming LLC4 |
$0 |
$45,056 |
n/a |
Statewide Total |
$3,518,821 |
$3,648,270 |
-3.55% |
1Â operated VGTs in 32 establishments during April Â
2Â operated VGTs in 27 establishments during April Â
3Â operated VGTs in 13 establishments during AprilÂ
4 operated VGT’s in 2 establishments but were not operational during AprilÂ
5Â operated VGTs in no establishments during April
Tax revenue collected from the play of VGTs in April 2025 was $1,829,787*.
Fantasy Contests
Fantasy Contests revenue was $1,256,994 in April 2025, an increase of 2.34% over April 2024, when revenue was $1,228,294
Fantasy Contests Operator |
April 2025 Fantasy Revenue |
April 2024 Fantasy Revenue |
% Change |
DraftKings |
$945,998 |
$915,949 |
3.28% |
FanDuel |
$181,113 |
$211,873 |
-14.52% |
Underdog Sports, Inc. |
$114,632 |
$84,085 |
36.33% |
Yahoo Fantasy Sports |
$10,635 |
$11,038 |
-3.65% |
Fantasy Sports Games LLC |
$2,760 |
$3,460 |
-20.24% |
Sportshub Technologies |
$1,937 |
$1,844 |
5.03% |
OwnersBox |
-$81 |
$37 |
-316.83% |
Jock MKR |
n/a |
$8 |
n/a |
Statewide Total |
$1,256,994 |
$1,228,294 |
2.34% |
Tax revenue collected from the play of Fantasy Contests in April 2025 was $188,549*.
*All tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue
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