- Oregon reports nearly $26 million in sports betting handle for August
- August numbers trounced sports betting handle from July
- Lottery-run Scoreboard app is the only means for Oregonians to wager on sports in the state
Most people may not think of Oregon when they thing of sports betting, but the industry is quietly booming in the Pacific Northwest. Last month, Oregon’s Scoreboard app reported $25,845,403 in total handle for the month, which was a massive jump over the state’s numbers for July. That month, the app took in just over $14 million in sports betting handle.
Scoreboard is the lottery-run mobile app that serves as the only legal way for Oregonians to bet on sports in the state. The jump from July to August should come as no surprise considering how jam-packed the month’s sports calendar was. August brought the returns of the NBA and the NHL , while the Major League Baseball season got into full swing.
The total amount of revenue generated for Oregon by sports betting was $1,662,406, which was a jump of nearly 66 percent over the amount earned in July.
Oregon’s steadily-climbing numbers mirror what we have seen in recent months from other states with different forms of legalized sports wagering. July saw nearly double the amount of sports bets placed that June did, while June’s figures trumped what we saw in May. Without many sports in action in June, Oregon reported just under $8 million in total handle.
While Oregon’s numbers are on the rise, the total amount of money wagered still pales in comparison to other states with more expansive sports betting industries. West Virginia, for example, reported $40.4 million in sports betting handle for August, which was a 155 percent jump from July’s output. Iowa took in over $50 million worth of sports bets last month, which was an increase of about 120 percent over July.
New Jersey, meanwhile, set a new American record for the most amount of money wagered on sports in a single month. New Jersey took $668 million worth of bets in August, which crushed Nevada’s previous record around of $614 million, set last November.
Oregon is home to a pair of major-league pro sports teams in the NBA’s Portland Trail Blazers and MLS’ Portland Timbers. So, it should come as no surprise that basketball was the most-wagered sport in Oregon last month with $13,997,597 in handle. Baseball ($4,426,427) was second, followed by soccer ($1,880,376), table tennis ($1,670,081), and hockey ($1,530,720).
No college sports are available for wagering on the Scoreboard app. Some of the app’s betting lines have been controversial in the past, and certain NFL lines drew the scorn of users on social media last weekend. Some complained about having difficulty finalizing their bets using the app, while some have had issues signing into their accounts.
With Scoreboard being the only option available to Oregon sports bettors, the state’s sports betting numbers are going to continue to underwhelm compared to the revenue and handle being generated in other states. The lack of college sports cuts the state’s potential base of users even further.
A pair of local Native American tribes have recently opened land-based sportsbooks of their own, but those revenue numbers are not available to the public. The beginning of football season may lead to even more bets being placed in September and October, but the Trail Blazers’ exit from the NBA playoffs may also curb the state’s NBA betting numbers moving forward.
The Scoreboard app launched in Oregon last November.