Oregon sees record sports betting revenue in November
Oregon’s sports betting app Scoreboard saw a handle of $32.7m, down from October’s record $37.6m, but revenue was up.
US.- After a record-breaking month in October, Oregon’s sports betting handle slipped slightly in November. The handle came in at $32.7m down 13.2 per cent from previous month’s $37.6m. It was, however, 30.5 per cent higher higher than November 2020’s $25m.
Although the handle decreased, the state set a new record for gross revenue at $4.4m, an increase of 46.5 per cent from October’s $3m and 7.6 per cent from November 2020’s $4.1m, the previous record.
Basketball saw the most wagers, taking in $13.5m in bets. NBA betting interest is natural given that the Portland Trail Blazers reside in Oregon. American football took in the second-highest handle at $11.1m, while soccer ($2.6m), hockey ($1.9 m) and table tennis ($1.2m) completed the top five.
The state only has one sportsbook operator. The Scoreboard app operated by the Oregon Lottery remains the only betting option for Oregon residents. However, DraftKings is to launch in the state.
