Oregon sets new betting handle record despite registration drop
| By Nosa Omoigui
Oregon’s sports betting app Scoreboard has recorded sports betting handle of $37.6m for October – a record figure up from $25.1m in September and $29.5m from October 2020.
Gross gaming revenue (GGR) came to $3.0m for the month of October, representing a 7.1% increase on the same time last year.
This revenue figure is also a significant increase on the prior month – up 130.8% on the $1.3m generated by the DraftKings-powered app in September.
Despite a decrease in registrations month-on-month from 3,208 to 2,873, the number of bets placed increased 47.4% to 1.1 million.
The number of active players also increased month-on-month and year-on-year, reaching 27,781 in October – up from 24,965 in September and 24,562 in October 2020.