Oregon saw a month-on-month rise in sports betting revenue despite a slight dip in handle during June.
The Oregon Lottery, which runs the DraftKings-powered Scoreboard product, saw gross gaming revenue of $2.8m in the month to 30 June, which was up 17% on the $2.4 registered in May 2021. The figure was significantly up on the $777,903 generated in June 2020 when few sporting fixtures were available due to the novel coronavirus (Covid-19) pandemic.
The revenue figure came from $24.9m in handle, which was down 10% on the $27.7m registered in May 2021. Again, the figure was well up on the $7.9m put down by bettors during June 2020.
Basketball accounted for almost half of the 665,000 bets cast during June, with 301,000 transactions more than twice the 150,000 bets on baseball in second place. Basketball brought in $12.9m in turnover and $1.5m in revenue at a margin of 12.0%. Baseball accounted for $5.6m in turnover and $338,972 in revenue, while ice hockey saw $933,670 in turnover and $142,328 in revenue.
Oregon Lottery said around two thirds of bets were prematch (440,889) and brought in $12.9m in turnover and $1.7m in revenue. Live bets accounted for $12.0m of turnover and $1.1m in revenue.
The DraftKings-powered Scoreboard app has been the only legal online sports betting operator in Oregon since it was launched in 2019, though the state’s tribal casinos can offer betting at their venues.