Popular sportsbook PointsBet has acquired Oregon-based horse racing betting operator Premier Turf Club. This gives PointsBet access to the Oregon market just in time for the Triple Crown event Preakness Stakes. The acquisition was for $3.7 million. SALEM, Ore. – Local Oregon horse racing betting … Read more
Sports betting fans in Oregon increased betting handle by 5.3%. Sports betting revenue is also up 98.6%. Oregon saw the most action on NBA games. SALEM, Ore. – Oregon sports betting has seen steady growth month over month in April. This comes from most betting … Read more
The Oregon Lottery has announced its intentions to have the DraftKings brand operate the state’s single sports betting site. DraftKings and SBTech combined in 2020 when they were bought out by Diamond Eagle Acquisition Corp. Oregon sports betting revenue has been underperforming since its launch … Read more
The sports betting market will grow to $9.2 billion by 2025 according to a report by J.P. Morgan. DraftKings was estimated to spend $93 million on advertising through the first three quarters of 2020. Major media outlets such as ESPN, FOX Sports, and Bleacher Report … Read more
Oregon has a new bill filed by the Oregon Legislature to open up the sports betting market in the state outside of just the Oregon Lottery. ADWs in the state would be eligible to open sportsbooks under House Bill 2127 and the Oregon Racing Commission … Read more
Oregon could see multiple sportsbook applications in 2021 if a new bill that was just introduced passes in the Oregon State Legislature this session. Governor Kate Brown backs OR HB 2127 that would provide the Beaver State with a more competitive and profitable structure for … Read more
Oregon made a record in monthly revenue for November, seeing over $4 million for the month. Year-to-date revenue totals for the Beaver State are posted at $17 million. Football continues to reign as the biggest sport for gambling activity, accumulating 59% of November bets on … Read more
Delaware, Nevada, New Hampshire, Oregon, & Rhode Island all recorded bigger handle and revenue for the month of October in their sports betting markets. The Pittsburgh Steelers and the Detroit Pistons entered partnerships with sportsbooks. The Pittsburgh Steelers and the Baltimore Ravens will play on … Read more
Oregon posted an increase in sports betting activity and revenue for the month of October. The most bet on sport with the Scoreboard app in Oregon was the NFL, and football in general. PORTLAND – Sportsbooks across the nation are posting increases in handle and … Read more
There are a total of 25 states that have legalized sports betting, 19 of which have active sportsbooks. Residency in a state is not required when betting on sports in a state with legal sportsbooks. Withdrawals can be made when travelers head home, but further … Read more
The legalization of recreational marijuana will be part of voter ballots in five states on November 3. Four states have odds on the outcome of how people will vote posted on sportsbooks, with two being heavily favored to open legal cannabis markets. PHOENIX – Five … Read more
The Professional and Amateur Sports Protection Act of 1992 (PASPA) was enacted as law on October 28, 1992. Since it’s repeal in 2018, billions of dollars have been made in combined revenue from the legal sports betting industries across the United States. WASHINGTON – October … Read more