Oregon’s sports betting handle still climbing
Sports betting in Oregon continued to rise in October despite just one sportsbook in its market.
US.- Oregon’s sports betting handle continued to rise this October, once again breaking previous records with a total of $29.45m placed in bets.
The previous record was set in September with a total of $26.2m in wagers despite technical issues on the singular app operating in the state.
October also beat the previous month in terms of gross gaming revenue, increasing from $1.5m to $2.8m.
Football was the sport that received most bets, generating $12.2m of the total handle. Baseball followed with $4.9m, then basketball with $4.4m and soccer with $3.5m.
The only sportsbook legally available in Oregon is Scoreboard, an app which is run by the state’s lottery.
Earlier this year, the lottery’s Director, Barry Pack, predicted that the lottery would lose money in 2020 due to high start-up costs, lower margins and less betting activity than expected.
