Pennsylvania’s regulated gaming market reported continued growth in February 2026, with total revenue rising 14.6% year-on-year to $547.1m, according to figures released by the Pennsylvania Gaming Control Board (PGCB).
The increase reflects ongoing momentum across several verticals, particularly iGaming and sports wagering, despite mixed performance in certain segments.
Tax revenue generated from all forms of gaming reached $236.0m for the month, underlining the sector’s significance as a contributor to state finances.
The PGCB oversees a diverse gaming ecosystem, including retail casinos, online platforms, sports betting, fantasy contests and video gaming terminals (VGTs).
Among individual operators, Hollywood Casino at Penn National Race Course maintained its position as the highest-grossing property, generating $106.8m in total revenue, up 19.3% from the previous year. Valley Forge Casino Resort followed with $93.7m, reflecting a 15.0% increase. Rivers Casino Philadelphia, Parx Casino and Wind Creek Bethlehem rounded out the top five performers, each posting moderate year-on-year gains.
Notably, several smaller or newer properties recorded significant percentage increases, albeit from lower bases. Hollywood Casino Morgantown reported the largest growth at 187.6%, while Hollywood Casino at the Meadows and Hollywood Casino York also posted substantial gains of 81.5% and 51.1%, respectively.
Conversely, Live! Casino Philadelphia and Live! Casino Pittsburgh were among the few operators to report declines in total revenue.
Revenue by gaming vertical – February 2026 vs February 2025 (Pennsylvania)
From a product perspective, iGaming continued to play a central role in overall market growth. Online casino revenue reached a record $239.9m, up 15.6% compared to February 2025. Within this segment, iGaming slots generated $191.5m, representing a 24.1% increase and accounting for the largest share of total gaming revenue.
However, iGaming table games and online poker both recorded declines of 9.2% and 9.7%, respectively.
Retail gaming segments showed more modest growth. Slot machine revenue rose 3.1% to $192.1m, despite a slight reduction in the number of machines in operation. Retail table games revenue also increased, albeit marginally, by 2.1% to $72.6m. These figures suggest steady but slower growth compared to online channels.
Sports wagering delivered one of the most notable shifts during the month. While the total betting handle fell 21.7% year-on-year to $592.5m, taxable revenue surged by 405.6% to $37.8m. This disparity indicates a significantly improved hold rate for operators compared to February 2025.
Valley Forge Casino Resort led the sports betting segment with $18.1m in revenue, followed by Hollywood Casino at the Meadows with $9.8m.
Other gaming verticals showed relatively limited movement. VGT revenue increased slightly by 0.8% to $3.2m, supported by a small expansion in the number of participating locations. In contrast, fantasy contests revenue declined 7.5% to $1.4m, continuing a trend of contraction observed in previous months.
Overall, February’s results build on the positive performance seen in January and late 2025, highlighting the growing importance of digital channels within Pennsylvania’s gaming landscape.
While retail segments remain stable, the data suggests that online gaming and improved sports betting margins are key drivers of current growth trends.
Sports wagering revenue can rise even when total bets (handle) fall, as operator profitability depends heavily on win margins rather than betting volume alone
