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.