Oregon Revenue Insights
$79.46M
$9.18M
11.55%
$734K
Sports Betting in Oregon
Oregon operates a state-run sports betting model, with the Oregon Lottery serving as the sole operator through its DraftKings-powered Scoreboard platform. Retail sports wagering is also available at select tribal casinos, but statewide mobile betting is only offered through the Lottery’s app and website.
Oregon initially launched sports betting in August 2019 with in-person wagering at the Chinook Winds Casino Resort, followed by the statewide mobile Scoreboard app in October 2019. In January 2022, DraftKings replaced the Lottery’s original platform provider, taking over as the exclusive sportsbook operator.
Sports betting revenue in Oregon is directed primarily to the State Lottery Fund, which supports public education, economic development, and veteran services. A portion is also allocated to responsible gambling programs, with no competition from commercial sportsbooks, Oregon’s market remains unique, small in population but steady in per-capita betting activity.
Interested in how different operators compare? Read our in-depth reviews of businesses in Oregon.
Annual Sports Betting Growth in Oregon
Data is pulled directly from the Oregon Lottery Annual Reports
Source:
RG
Monthly Sports Betting Growth in Oregon
Data is pulled directly from the Oregon Lottery Monthly Reports
Source:
RG
Oregon Sports Betting Revenue Performance
Oregon operates a state-run sports betting market, with the Oregon Lottery managing both mobile and retail wagering through its exclusive DraftKings-powered platform.
| Year | Handle | Revenue | Hold % | State Taxes |
|---|---|---|---|---|
| 2023 | 213,069,000 | 21,429,000 | 10.04% | 1,714,320 |
| 2024 | 837,222,000 | 80,932,000 | 9.74% | 6,474,560 |
| 2025 Ytd | See monthly breakdown below | — | — | — |
2025 Year-to-Date
| Month | Handle | GGR | Hold % | Tax Revenue |
|---|---|---|---|---|
| Jan 2025 | 82,029,000 | 10,876,000 | 13.26% | 870,080 |
| Feb 2025 | 66,896,000 | 8,282,000 | 12.38% | 662,560 |
| Mar 2025 | 66,515,000 | 6,334,000 | 9.52% | 506,720 |
| Apr 2025 | 76,958,000 | 8,038,000 | 10.44% | 643,040 |
| May 2025 | 79,459,000 | 9,179,000 | 11.55% | 734,320 |
Highlights
- January 2025 posted the highest handle so far at $82.03M and the largest GGR at $10.88M, with a strong 13.26% hold.
- March 2025 saw the lowest hold of the year (9.52%), favoring bettors.
- May 2025 delivered a healthy 11.55% hold, generating $734K in tax revenue.
- Oregon’s state-run model continues to produce consistent monthly returns despite limited competition.
Latest Oregon Sports Wagering Updates
- Oct. 25, 2024: DraftKings, the state-partnered sportsbook, reported a $75.4 million handle in September, the second-highest since Oregon legalized sports betting in 2019, marking a 23% increase from September 2023. (CDCGaming, 2024)
- Apr. 7, 2024: A lucky Powerball ticket holder in Oregon hit the $1.36 billion jackpot. This was the fourth-highest jackpot ever won. (Powerball, 2024)
- January 18, 2022: DraftKings took over mobile sports betting in Oregon following its acquisition of SBTech, the platform previously operated by the Oregon Lottery. (DraftKings, 2022)
Oregon Snapshot
| Key Aspect | Details |
|---|---|
| Population | Approximately 4.2 million residents as of 2024. (World Population Review, 2024) |
| Political Affiliation | Predominantly Democratic, Oregon has a Democratic trifecta, with the party controlling the governorship and both legislative chambers. (270towin.com, 2024) |
| Year Sports Betting Legalized | Permitted from May, 2019. Governor Kate Brown signed House Bill 2288, authorizing the Oregon Lottery to operate sports betting through a mobile app and select retailers. (Oregon Legislative Assembly, 2019) |
| Number of Sportsbooks Operating | DraftKings is the sole online sports betting app permitted in Oregon. The state also has four tribal casinos offering sports betting. |
| GGR 2025 (Jan-May) | $42,709,000 |
| Handle 2025 (Jan-May) | $371,857,000 |
| Professional Sports Teams | Oregon is home to the Portland Trail Blazers (NBA) and the Portland Timbers (MLS). While there’s no NFL team, fans passionately follow college football, especially the Oregon Ducks and Oregon State Beavers. |
FAQs
Sports Betting Overview
What is the current state of Oregon sports betting?
Oregon sports betting operates under a single-operator model managed by DraftKings, with oversight from the Oregon Lottery. Bettors in the Beaver State can place wagers online or at select tribal casinos offering retail betting.
How does sports betting in Oregon differ from other states?
Oregon uses a single-operator system, unlike other states like Colorado, which have multiple sportsbooks. This approach simplifies regulation but limits competition, capping betting revenue.
Is sports betting legal in Oregon?
Yes, sports betting has been legal in Oregon since May 2019. The Oregon Legislature authorized sports betting under House Bill 2288, permitting the Oregon Lottery to oversee operations.
Sports Betting Revenue and Handle
What is Oregon’s annual sports betting revenue?
In 2023, Oregon’s gross revenue from sports betting totaled $21.43 million. Monthly figures vary depending on the betting handle and major sports events.
How does Oregon's sports betting revenue compare to other states?
Oregon’s betting revenue is modest compared to states with multi-operator systems.
What is the betting handle in Oregon?
The sports betting handle in Oregon reached $213.07 million in 2023. The highest monthly handle was $75 million in September 2024.
What was the previous month's total revenue?
The Oregon Lottery reported gross revenue of $9.28 million in September 2024, marking a significant increase (115%) from August’s betting handle of $4.3 million.
Popular Sports and Events
What are the most popular sports for betting in Oregon?
Football and basketball dominate sports betting in Oregon. The Super Bowl and March Madness draw the most wagers, alongside regular college sports seasons.
Do Oregon bettors wager on college sports?
Yes, college sports, particularly games involving the Oregon Ducks and Oregon State Beavers, are popular among bettors. However, individual bets on specific college players are not permitted under state regulations.
How do major events like the Super Bowl impact betting revenue?
The Super Bowl significantly boosts betting revenue, with millions wagered on various outcomes, including prop bets and the final score.
Monthly Performance Trends
What caused fluctuations in Oregon’s betting handle?
Seasonal sports events greatly influence the betting handle. For example, July often declines due to limited major sports activity, while September and February rebound with football and basketball seasons.
What are the average monthly figures for gross revenue?
Gross revenue averages between $6 million and $9 million monthly, depending on the betting handle and payout ratios.
Data and Records
Has Oregon set any state records for betting revenue?
Oregon achieved a state record in September 2024 with a handle of $75 million, surpassing previous benchmarks.
How is betting data collected and reported?
The Oregon Lottery publishes reports on betting figures, including wagering data, gross revenue, and payouts. These figures provide transparency and insights into market performance.
Betting Mechanics and Regulations
Can bettors place individual bets on college players?
No, Oregon prohibits individual bets on specific college players. On Feb. 15, 2022, former Governor Kate Brown introduced Senate Bill 1503. The bill would permit bettors to wager on college sports online, but it has not been passed.
How are winnings paid out to sports bettors in Oregon?
Winnings are paid directly to bettors’ accounts on DraftKings or in person at tribal casinos. Tribal casinos in the state are not subject to taxation or licensing fees, and the Oregon Lottery is not subject to taxation as a state entity.
What is the hold percentage for Oregon sportsbooks?
In September 2024, the hold percentage in Oregon was 12.66%.
Comparisons with Other States
How does Oregon’s sports betting market compare to the Granite State?
The Granite State (New Hampshire) operates similarly with a single-operator model but has achieved higher gross revenue ($80,288,654 in 2023).
How does Oregon’s December revenue compare to neighboring states?
Oregon’s December revenue is lower than that of states like Colorado ($562 million), which benefit from multiple operators and larger betting markets.
Are there lessons Oregon can learn from other states?
Yes, introducing additional operators could increase betting revenue, expand betting options, and boost overall participation among sports bettors.
Future Outlook
What trends are shaping the future of sports betting revenue in Oregon?
Steady growth in gross revenue is expected, driven by seasonal sports events like March Madness and the Super Bowl. However, expanding the operator model could unlock further market potential.
Will new sportsbooks enter Oregon’s market?
DraftKings is the exclusive operator, but discussions about opening the market to other sportsbooks could be proposed.
