Three License Holders Account for 82.6% of Pennsylvania’s Online Slot Revenue
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Pennsylvania’s online slots generated $199.2 million in revenue in July, but most of that money was concentrated under three casino licenses. Hollywood Casino at Penn National Race Course, Valley Forge Casino Resort and Rivers Casino Philadelphia accounted for $164.5 million between them. That works out at 82.6% of the statewide total, leaving the other eight license holders to divide the remaining 17.4%. The distribution matters because the statewide headline alone gives little indication of how unevenly that revenue was spread.
$199.2 Million, but Most of It Sits at the Top
The Pennsylvania Gaming Control Board’s July figures put statewide online-slot revenue at $199,243,118. That was up 12.41% from $177.2 million in July 2025.
Hollywood Casino at Penn National Race Course was comfortably the largest contributor, with $75.2 million in online-slot revenue. That alone represented about 37.7% of Pennsylvania’s total. Valley Forge Casino Resort followed at $53.9 million, or 27.1%, while Rivers Casino Philadelphia generated another $35.5 million, equal to 17.8%. Hollywood Penn National and Valley Forge alone accounted for almost 64.8% of July’s online-slot revenue. The three leaders were not separated by small margins either. Hollywood finished more than $21 million ahead of Valley Forge, while Valley Forge held an advantage of roughly $18.5 million over Rivers. Below Rivers, the revenue curve becomes considerably steeper.
Parx Casino led physical slot-machine revenue in July with about $32 million, yet reported only $4.2 million from online slots. Hollywood Penn National showed almost the reverse pattern, recording about $11 million from physical slots against more than $75 million online. A casino’s position in Pennsylvania’s retail market does not necessarily indicate where its license will appear when the state’s online revenue is counted.
Why Physical Casino Licenses Still Sit Behind Digital Revenue
The names at the top of the PGCB table are casino license holders, not necessarily the brands a player sees online. The regulator records iGaming revenue under Pennsylvania casino operators such as Hollywood Casino at Penn National Race Course and Valley Forge Casino Resort, even when consumer-facing digital platforms operating through those licenses carry different names.
Hollywood Penn National offers the clearest example. The license sat behind nearly $75.2 million in online-slot revenue, more than six times the revenue generated by slots at its physical casino. Valley Forge’s $53.9 million digital total was also far larger than its $8.9 million in retail slot revenue for July. This means the monthly figures do more than rank Pennsylvania casinos. They show where revenue from the state’s regulated digital market ultimately sits. A familiar casino name on the PGCB table may represent a digital operation whose scale bears little resemblance to the slot floor at the physical property.
A separate Pennsylvania debate this year has concerned a proposed tax on digital advertising. That proposal involves a different industry and tax structure; online casino gaming already operates under the PGCB’s established licensing and taxation system.
Across all forms of iGaming, including online tables and poker as well as slots, Pennsylvania operators generated about $249 million in July. The digital business is substantial over a longer period too: the PGCB’s 2025/26 fiscal-year figures put statewide iGaming revenue at a record $2.93 billion, up 18.42% from the previous fiscal year.
After the Top Three, the Numbers Drop Fast
Rivers Casino Philadelphia’s $35.5 million was enough for third place. Fourth-placed Harrah’s Philadelphia generated just $11.8 million, roughly one-third as much. That $23.7 million gap between third and fourth was larger than the entire online-slot revenue of any license holder outside the top three.
The totals shrink again from there. Golden Nugget recorded about $7 million, Bally’s Pennsylvania $4.9 million and Parx Casino $4.2 million. Presque Isle Downs, Mohegan Pennsylvania, Live! Casino Philadelphia and Wind Creek Bethlehem each finished below $2.5 million. The difference between first and fourth place was more than $63 million in a single month. Even combining Harrah’s, Golden Nugget, Bally’s and Parx would produce less than half of Hollywood Penn National’s July online-slot total.
Pennsylvania Is One Part of a Much Less Uniform US Market
Pennsylvania’s numbers come from a state-regulated real-money casino market. Move across state lines and the picture changes, with online casino availability, operators and regulatory arrangements varying around the country.
For comparison beyond Pennsylvania, Casino Guru’s guide to US real-money slots looks at available sites, games, software providers and payment methods, as well as the small print around how these platforms operate. Its scope extends beyond Pennsylvania’s particular licensing structure and provides context for how real-money slots are presented elsewhere in the US.
Pennsylvania’s $199.2 million total has a more specific meaning. It records activity reported through the state’s regulated operators, rather than estimating online-slot play nationally. The license-holder ranking is specific to the way Pennsylvania’s market is organized.
The Gap Goes Beyond the Rankings
Hollywood Penn National generated more online-slot revenue on its own than the bottom eight license holders combined. Its $75.2 million total also sits in sharp contrast with the state’s physical slot rankings. Parx led retail slot revenue for the month, while Hollywood Penn National held by far the largest share online. Hollywood’s digital slot revenue was more than six times its own retail total. The same casino licenses appear in both sets of state accounts, but their positions in the two rankings look remarkably different.