Oregon August Sports Betting Handle Falls; DraftKings on Way

Oregon August Sports Betting Handle Falls; DraftKings on Way
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Sports betting activity in Oregon remained down in August. The state recorded a handle of $17.7 million for the month, down 2.8% from July’s $18.2 million.

Revenue took a sharp decrease, with August’s total at $1.1 million, down 51.1% from $2.2 million in July.

Baseball was once again the most wagered on sports for the second consecutive month by Oregon gamblers, taking in $6.3 million bets. Soccer ($2.9 million), basketball ($1.95 million), tennis ($1.5 million) and football ($1.05 million) rounded out the top five, while parlay bets accounted for $4.8 million.

Oregon continues to use the Scoreboard sports betting platform, operated by the state lottery. Scoreboard is run in conjunction with SBTech, a Bulgaria-based technology-sports betting firm. But DraftKings is set to take over the state’s single-source sports betting operation. The move would mean a transition from the Scoreboard app to the DraftKings online sports betting platform.

Oregon Sports Betting Revenue & Handle, August vs. July

HandleRevenue
August$17.686M $1.063M
July$18.190M $2.174M
Change Down 2.8% Down 51.1%

Transitioning to DraftKings

During an Oregon Lottery Commission meeting in late August, the Oregon Lottery unanimously approved going from its SBTech Scoreboard sports betting app to the popular DraftKings Sportsbook. The lottery didn’t set a date when the move could take place, but mentioned sooner might be better with NFL betting about to begin and the NBA not far off.

“One of the factors we’re going to have to work on soon is how to fit a transition from one platform to the other, while still heading into a busy season of professional sports,” Oregon Lottery Directory Barry Pack said during the session. “Both NFL and NBA are coming up here really soon. We want to make sure that we’re able to seize the right window when we have enough information to know what it’s going to take, and how long it’s going to take to make the transition work."

Users with a Scoreboard account who wish to use the new DraftKings platform when it debuts will be forced to register and sign up for a DraftKings account to continue wagering. Chairwoman MardiLyn Saathoff asked why the new registration was necessary.

“I don’t know,” Pack told her. “I don’t have the right people on the team to explain this better, but it is about just physically moving the bank accounts and re-establishing banking, I think, in the new platform.

“It’s not something that can just get transported over and things like that, I believe.”

A Boost for Oregon?

The move to a well-known sportsbook could help Oregon’s overall sports betting numbers. Looking at the start of the summer betting season, the state recorded a handle of nearly $25 million in June. Oregon has 4.2 million people, but its sports betting numbers pale in comparison to states with similar population sizes that feature more open sports wagering markets.

Iowa features 3.2 million people and regularly tops $100 million in handle, usually more than four times Oregon’s reported total each month.

"We may see some players who choose not to make that transition,” Pack said, “but I think that will probably be offset by the improved customer experience and the additional wagering options that the DraftKings platform will offer.

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