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Oregon’s First Month Of Legal Mobile Wagering Went Well

The first month of legal mobile wagering in Oregon has been very successful it seems. According to the results, the state of Oregon earned lots of money from this brand, new activity in the state.

Thanks to the state lottery’s SBTech-powered sports betting app (Scoreboard), the locals wagered $17.1m. There were 720,084 bets placed in November and the average stake was $23.76.

The lottery in the state earned $960,714.

When it comes to sports betting, it seems that basketball was the most popular sport to wager money on. 50.3% of total stakes were placed on basketball ($8.6m) resulting in a revenue of $586,824.

Being second on the list, football contributed $186,539 in revenue, accounting for $6.0m of total stakes.
Basketball and football were the only two sports that generated more than $100,000 during November.
Ice hockey was third generating revenue of $80,274, while soccer was fourth ($50,136).

When the market was opened for the first time, pre-match betting accounted for $9.3m of all stakes. In-play betting earned a bit less, around $7.8m.

The Scoreboard app became quite popular quickly, registering 9,393 users in the first month of its work.
The players staked $22.7m via the app, and the total revenue reached $1.2m.
992,842 bets have been placed, at an average value of $22.88.

Source: https://www.igamingbusiness.com/news/oregon-lottery-sports-betting-stakes-hit-171m-november

About the author

Aleksandar Krstic

Aleksandar Krstic

A bachelor of journalism, he spent most of the time of his ongoing career as a custom content creator. Experienced in reporting and information gathering, after finishing his contract in a local news agency, Aleksandar began writing for clients outside his native country. Fluent in English, he wrote various types of content, his work ranging from affiliate articles to news reports and creative stories. Aleksandar spent most of his time writing extensively on a myriad of topics, including history, science, technology, esports, culture (both traditional and modern) and arts.

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