Oregon shows year-on-year growth in sports betting

Oregon shows year-on-year growth in sports betting

Summary:

The US state of Oregon reported a 59.3% year-on-year increase in handle to $28.2 million in August from $17.7 million in the same month of the previous year. The gross gaming revenue for the month was $2.7 million, which was 145.5% higher than the previous August and level with the revenue generated in July of this year.

August’s handle was up 59.3% from the same month of the previous year, but it was down 1.1% from July this year.

The gross gaming revenue for the month reached $2.7m, which was 145.5% higher than the previous August and level with the revenue generated in July of this year.

Scoreboard reported a loss of $1,206 after all revenue was generated by DraftKings. The Scoreboard online sportsbook has been phased out and replaced by DraftKings, but still pays out on bets placed before this process began, meaning small negative revenue totals are expected.

Baseball remained the most popular sport among consumers, with a total of $13.9m bet on the sport during the month, all of which was wagered through DraftKings, leading to 1.5 million dollars in revenue.

In addition, DraftKings took $4.1m in wagered on soccer, with revenue from this reaching $386,559, while players also bet $2.8m on tennis with DraftKings, resulting in $265,324 in revenue.

In terms of bet types, DraftKings took over twenty million dollars in single and teaser bets. A total of $59 worth of bets were placed for Scoreboard.