Oregon Lottery betting app sets handle and revenue record in October

The Oregon Lottery sports betting app, ScoreBoard, set news sports betting handle and revenue records in October.

According to the latest figures from the Oregon Lottery, the ScoreBoard sports betting app generated $2.8m in gross revenue, breaking the previous record of $1.5m generated in September.

The Lottery also saw a significant increase in sports betting handle after players wagered $29.5m on sporting events in October, up from the previous record of $26.2m.

The report highlights that 24,562 unique players placed a total of 903,187 wagers in October, and 3,464 new registrants were recorded in October.

Bettors in the state placed $22.8m in single and teaser bets, which generated $1.7m in revenue. The Lottery also managed to generate $1m in revenue from $6.7m in combo system bets.

Pre-match wagers accounted for 71.4% of all sports bets in October making up $17.3m of the state’s handle. The remaining $12.1m was wagered on in-play and live bets.

What did people bet on?

Football was the most popular sport to bet in October with bettors wagering a total of $12.2m on the sports, of which the Lottery held on to $1.5m

Baseball followed close behind with $4.9m in bets and generated $346,027 in revenue, while basketball bets amounted to $4.4m, leading to $333,021 in revenue.

Soccer was also one of the most popular sports to bet on with the Lottery processing $3.5m in soccer bets. Of this, the Lottery held onto $288,400 in revenue.

Table tennis was another standout sport after the Lottery generated $138,704 in revenue from $1.2m in bets. Bettors also wagered $1m on mixed martial arts, leaving the Lottery with $103,894 in revenue.

Sports betting in Oregon

In June 2019, the Oregon Lottery inked a contract with SBTech to power the Lottery’s online and land-based sports betting products. The Lottery and SBTech launched the sports betting platform Scoreboard in October, a month later than initially expected.

Prior to the launch of Scoreboard, bettors in the state were limited to using the land-based sportsbook at the Chinook Winds Casino in Lincoln. The tribal casino launched sports betting in late August, and up until October, was the only legal sports betting option in the Beaver State.

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