OR sets betting handle record in September, but GGR declines
Oregon’s SBTech-powered Scoreboard sportsbook set another record for handle at $26.2m in September, but saw revenue fall by 8.1% to $1.5m thanks to a negative margin for American football bets.
In total, 22,252 active players placed 839,162 bets, up 1.7%, with an average stake of $31.19, down 0.4%.
The app signed up 4,364 new customers during the month.
With the National Basketball Association playoffs occurring through September, basketball was the most popular sport, with turnover of $8.0m, but this was down 43.8%. From this total, Scoreboard took $675,000, down 23.3%.
The return of the National Football League vaulted American football into second in terms of handle, bringing in stakes of $7.2m, more than 1,000 times the amounts wagered on the sport in August. However, Scoreboard paid out more than it took in, resulting in a loss of $148,000. While handle was lower for American football than basketball, it saw the highest number of active players and bets of any sport.