Oregon sports betting revenue fell in June

Oregon sports betting revenue fell in June

The gross gaming revenue from sports betting was down from June of last year to June of this year and also from May of last year to May of this year.

Consumers wagered $34.0m on sports during the month, which was 36.6% higher than the $24.9m wagered in June 2021, but 18.5% lower than the $41.7m wagered in May of this year.

The Oregon Lottery has a state-wide partnership with DraftKings, which generated over $2 million in revenue from player bets.

The Scoreboard online sportsbook, which has been phased out to be replaced by DraftKings but still pays out bets placed before this process began, took $56,269 in wagers but posted a loss of $100,600.

Baseball drew the highest amount of spending, with players having spent more than $12 million on betting on the sport. All of this activity was done through DraftKings.

Scoreboard posted a $101,358 loss, with revenue from DraftKings coming in at almost $1 million.

In the month of June, $25.2 of wagers with DraftKings were singles and teasers, while the remaining $18.7m were parlay bets.

On Scoreboard, there was $55,750 worth of single and teaser bets placed in the month, while just $520 were parlay bets.