The latest revenue report from the Oregon Lottery has revealed that the state-run Scoreboard sportsbook accepted $32.7 million in wagers during the month of November.
The latest figures mark a drop of 13% on the previous month’s all-time record sports betting handle of $37.6 million.
NFL and college football betting continues to dominate the market as Oregon gamblers placed 413,650 individual wagers on football totaling over $11.1 million. This was over $4 million less than was wagered on the sport in the previous month. However, a win margin of 24.55% saw Scoreboard report gross gaming revenue (GGR) of over $2.7 million directly attributed to football wagers. This was almost three times the GGR reported in October.
Basketball was the next most popular sport attracting 344,063 individual bets. Despite a lower number than football, basketball wagers were worth $13.5 million. A win margin of 7.59% resulting in GGR from basketball of just over $1 million, and increase of over $200,000 on the previous month.
Wagers for the month amounted to 1,001,951, a 10.72% drop on October’s total. This resulted in GGR of $4.4 million for the month, a 45.7% increase on the previous month’s total and a record tax haul for the state.
The report also reveals that there were 315,453 live or in-play wagers while there were 686,498 PreMatch bets.
According to the report, there were 323,272 live or in-play bets while there were 799,087 PreMatch wagers.
An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.