Revenue Data in For DraftKings’ First Two Weeks of Sports Betting in Oregon

January a record-breaking month🚀

by - Monday, February 21st, 2022 12:44

DraftKings sports betting mobile app

Data obtained by Gambling Industry News from The Oregon Lottery has revealed that DraftKings and Scoreboard combined to set an all-time sports betting record for the month of January.

The data covers DraftKings first two months of operation in Oregon following the company’s launch on 18th of January taking over from the Lottery’s Scoreboard app.

The data shows that both Scoreboard (1st – 17th) and DraftKings (18th – 31st) accepted over $42.8 million in wagers during the month of January breaking the previous record set in October 2021. This marked a 27% increase in betting activity from the previous month when Scoreboard’s final full month in operation saw the app accept $33.7 million in wagers.

The Lottery also gave Gambling Industry News a detailed breakdown of each operator’s data for the month revealing that in its last month of operation, the state-run Scoreboard app accepted just over $20.6 million in wagers. Meanwhile DraftKings accepted $22.2 million for the final two weeks of the month.

A 38.37% increase in football betting due to the Super Bowl saw both apps accept a total of $15.4 million in NFL wagers. However, basketball remained the most popular sport with Oregon gamblers as both sportsbooks accepted $17.9 million in wagers.

Scoreboard reported gross gaming revenue (GGR) of $1.14 million following a hold of 5.5% while DraftKings reported GGR of $1.24 million following a hold of 5.6%. This resulted in total GGR of $2.38 million for the month. No state tax details were revealed in the monthly report.

Jenny Tang

An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.