Oregon sports betting continues surge in popularity as residents wager millions

Sunday, November 3, 2024 4:30 PM
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  • Joni Auden Land, Oregon Public Broadcasting

Oregon’s sports betting market continues to surge, both in terms of dollars wagered and the number of people placing bets.

In the first quarter of the fiscal year — July, August and September — the amount of money bet on sports in Oregon increased by 22%, to more than $184 million. There has also been a 22% increase in the number of people participating in sports betting in the state, with about 71,000 placing bets in September alone, according to Oregon Lottery figures.

That resulted in $23 million in gross sports betting revenue for the Oregon Lottery, a nearly 50% increase compared to the same period last year.