Finance

Oregon bounces back in April as revenue rockets 594.9% YoY

| By Robert Fletcher
The Oregon Lottery has reported a 594.9% year-on-year increase in sports betting revenue in April, while the US state’s handle also rocketed 475.0% to $25.3m (£18.2m/€21.0m).

Gross gaming revenue from the DraftKings-powered Scoreboard sportsbook amounted to $2.7m in April, up from $392,767 in the same month last year. This total also represents a 92.7% higher than $2.7m in March this year.

Player spending was up from $4.4m in April 2020 to $25.3m, with consumers having placed a total of 760,131 bets during the month.

Breaking wagers down by sport, basketball came out on top with $13.6m in bets, generating $1.6m in revenue, as the NCAA basketball tournament concluded.

Baseball ranked second $4.3m in bets and $1.6m in revenue, then football with $2.6m in total wagers and $227,684 in revenue.

Read the full story on iGB North America.

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