The state initially offered legal sports betting via Sports Action in 1989, which continued until 2007.
A more recent iteration legalized sports wagering began in October 2019 when the Oregon Lottery introduced the Scoreboard sportsbook, enabling online sports wagers.
In January 2022, DraftKings Sportsbook assumed control of mobile sports betting operations within the Beaver State.
Oregon sports betting revenue
Oregon sports betting began in October 2019, and features both online betting and retail betting for users. The Beaver State generated $864 million in total sports betting handle in 2024.
Below is an outline of Oregon's sports betting figures over the years:
Oregon annual data
| Year 📅 | Handle 💵 | Gross revenue 💰 | Hold % (average) |
|---|---|---|---|
| 2025 | $843,845,000 | $105,458,000 | 12.5% |
| 2024 | $864,688,484 | $94,436,590 | 10.9% |
| 2023 | $635,565,166 | $75,663,580 | 11.2% |
| 2022 | $497,985,326 | $49,519,545 | 9.90% |
Oregon 2025 monthly data
| Month 📅 | Handle 💵 | Gross revenue 💰 | Hold % (average) |
|---|---|---|---|
| Jan | $83,571,527 | $12,489,739 | 14.9% |
| Feb | $68,262,718 | $9,673,274 | 14.2% |
| Mar | $67,466,177 | $7,289,891 | 10.8% |
| Apr | $78,498,557 | $9,607,804 | 12.2% |
| May | $80,614,209 | $10,334,210 | 12.8% |
| June | $65,808,604 | $9,852,715 | 15.0% |
| July | $57,265,089 | $6,695,784 | 11.7% |
| Aug | $60,538,956 | $7,129,858 | 11.8% |
| Sept | $87,430,000 | $5,997,000 | 6.9% |
| Oct | $100,992,000 | $10,903,000 | 10.7% |
| Nov | $93,398,000 | $15,485,000 | 16.5% |
Oregon 2024 monthly data
| Month 📅 | Handle 💵 | Gross revenue 💰 | Hold % (average) |
|---|---|---|---|
| Jan | $67,093,433 | $9,898,881 | 14.1% |
| Feb | $67,902,926 | $7,786,240 | 11.5% |
| Mar | $69,398,182 | $7,298,922 | 10.5% |
| Apr | $72,297,348 | $7,370,253 | 10.2% |
| May | $76,231,393 | $8,856,796 | 11.6% |
| June | $64,745,092 | $7,216,230 | 11.1% |
| July | $53,280,682 | $6,082,760 | 11.4% |
| Aug | $56,210,589 | $5,068,499 | 9.0% |
| Sept | $75,431,509 | $11,423,212 | 15.1% |
| Oct | $81,735,396 | $5,748,697 | 7.0% |
| Nov | $87,387,636 | $11,895,589 | 13.6% |
| Dec | $90,178,020 | $5,790,511 | 6.4% |
Oregon 2023 monthly data
| Month 📅 | Handle 💵 | Gross revenue 💰 | Hold % (average) |
|---|---|---|---|
| Jan | $62,328,293 | $7,546,966 | 12.10% |
| Feb | $48,425,409 | $4,261,284 | 8.80% |
| Mar | $50,456,710 | $6,088,343 | 12.1% |
| Apr | $55,167,184 | $7,051,980 | 12.8% |
| May | $52,122,283 | $6,462,472 | 12.4% |
| June | $43,861,20 | $4,336,368 | 9.9% |
| July | $40,428,203 | $4,150,625 | 10.3% |
| Aug | $44,542,070 | $3,507,634 | 7.9% |
| Sept | $61,354,332 | $6,720,396 | 11.0% |
| Oct | $71,903,468 | $8,545,270 | 11.9% |
| Nov | $71,231,497 | $7,292,147 | 10.2% |
| Dec | $73,219,597 | $9,700,095 | 13.2% |
Oregon 2022 monthly data
| Month 📅 | Handle 💵 | Gross revenue 💰 | Hold % (average) |
|---|---|---|---|
| Jan | $42,899,735 | $2,389,280 | 5.60% |
| Feb | $39,458,431 | $3,335,165 | 8.50% |
| Mar | $36,208,011 | $3,620,610 | 10.00% |
| Apr | $42,936,415 | $3,824,165 | 8.90% |
| May | $41,708,884 | $5,034,036 | 12.10% |
| Jun | $33,966,896 | $2,548,192 | 7.50% |
| Jul | $28,453,075 | $2,700,447 | 9.50% |
| Aug | $28,196,193 | $2,707,041 | 9.60% |
| Sep | $39,292,037 | $5,465,182 | 13.90% |
| Oct | $55,555,464 | $5,783,452 | 10.40% |
| Nov | $55,503,996 | $6,418,578 | 11.60% |
| Dec | $53,806,189 | $5,693,397 | 10.60% |
Oregon sports betting at a glance
- Launch date: October 2019
- Regulator: Oregon Lottery
- Latest reported month: September 2025
- Lifetime handle: $3,384,172,439
- Lifetime revenue: $363,054,401
- Last updated: December 24, 2025
Note: Oregon reports sports betting revenue on a monthly basis. Figures below reflect combined online and retail wagering unless otherwise specified by the regulator.
About sports betting revenue in Oregon
Oregon legalized sports betting in 2019, with wagering officially launching later that year under the oversight of the Oregon Lottery.
The state operates under a lottery-run model, with sports betting offered primarily through the Oregon Lottery’s digital platform, now branded as DraftKings Sportsbook in partnership with the Lottery. Retail sports betting is available at select tribal casino locations, while online and mobile wagering is conducted through the state-controlled platform.
The Oregon Lottery publishes sports wagering data detailing handle, gross gaming revenue, and contributions to state programs. These figures reflect activity generated through the lottery-managed system and provide visibility into market performance within a centralized structure.
Because Oregon’s sports betting market is lottery-operated and platform-restricted, its figures are best interpreted as measures of participation and efficiency within a controlled environment, rather than as indicators of competition-driven growth seen in multi-operator states.
How to read revenue numbers
- Handle represents the total amount wagered by bettors during the month.
- Revenue reflects sportsbook winnings after payouts, before expenses.
- Hold is calculated as revenue divided by handle, expressed as a percentage.
Monthly revenue can fluctuate significantly due to seasonality, betting mix, and the outcomes of major sporting events.
Home team advantage: Oregon sports
Oregon fans have stood by their lone professional sports franchise through thick and thin. Rip City is home to the Portland Trail Blazers, the NBA’s only team located in the Pacific Northwest.
While nothing beats the thrill of victory, bettors should always be wary of blindly placing sports bets on their hometown club. Always remain objective when betting on any team or sport at an Oregon sports betting site or retail sportsbook. Our how to bet guides are a great place to begin your preliminary research.
Although no scheduled MMA fights or Formula One races are coming to the Beaver State anytime soon, the best UFC betting sites and F1 betting sites easily allow you to back fighters and drivers you can cheer on as passionately as your hometown teams.
Oregon sports betting law
Oregon has offered sports betting long before many of its fellow states, thanks to a constitutional amendment and the introduction of the Oregon Lottery in 1984. While the state-run Sports Action platform ran from 1989-2007, sports betting began in earnest in 2019 after PASPA was overturned.
Here's how the legal Oregon sports betting market stands in 2026:
- The Oregon State Police: Gaming Enforcement is responsible for the regulation of sports wagering.
- Only individuals 21 and older can legally wager on sports in Oregon.
- DraftKings is the only online sportsbook available statewide. BetMGM can be used strictly from Spirit Mountain Casino.
- Four retail locations are available for in-person sports betting.
- The tax rate is 2.3%, while the Oregon Lottery withholds 8% of all winnings over $1,500.
- Horse racing is prominent in Oregon, allowing out-of-state betting since 1997. Currently, there are five locations to wager on live horse racing.
- Iowa law does not allow esports betting, politics, or wagers on entertainment award ceremonies.
- Betting on college sports is not permitted, except at tribal casinos.
Covers and credibility
We have had our finger on the pulse of the sports betting industry for more than 25 years. The sports betting revenue figures and statistics found here have been personally reviewed, verified, and fact-checked to ensure their validity.
News outlets turn to Covers for our earned reputation as a trusted and authoritative source of sports betting information. These are among the notable publications and media outlets that have referenced Covers.com and our industry experts.
More industry resources
As states continue to authorize legal sports betting — now 38 states plus DC, consult these informational websites for additional information on the sports betting industry:
- American Gaming Association (AGA): Organization dedicated to advancing the gambling industry's interests by promoting, educating, and advocating for responsible gambling.
- Professional and Amateur Sports Protection Act (PASPA): Supreme Court of the United States ruling.
- National Council on Problem Gambling: Those seeking help for a gambling problem can call 1-800-GAMBLER toll-free, 24/7.
Sports betting revenue tracker FAQ
The sports that generate the most sports betting revenue can vary depending on factors such as the sport's popularity, the betting market's size, and the timing and frequency of significant events. Football stands as the most popular sport for betting in the United States, with the NFL generating the highest revenue. The Super Bowl alone is one of the world's most-watched and bet-on sporting events. Basketball is also a popular sport for betting, particularly in the United States where the NBA lays claim to the top basketball league in the world.
Sports betting revenue varies greatly depending on the region, market, and size of the industry. However, in many jurisdictions, sports betting can generate significant revenue and contribute to the overall economy. Compared to other industries, sports betting revenue may not be as significant. For example, in 2020, the global video game industry was estimated to generate over $159 billion in revenue. Meanwhile, the global film industry was estimated to generate over $100 billion in revenue in 2020.
The popularity of select sports events cannot be overlooked, with the Super Bowl and World Cup among the largest betting events in the globe. Betting odds and lines also greatly impact the amount of revenue generated by sports betting. Other factors include technological advancements, including the live streaming of events.
The future of sports betting revenue hinges on additional markets legalizing sports betting, via mobile betting, land-based, or a combination of both. An uptick in legal U.S. markets will trigger increased revenues, while new bet trends including same game parlays and in-game wagering, unlocks more opportunities for customers.
Online sports betting has significantly impacted sports betting revenue, notably in states where it is legal and regulated. The rise of online sports betting has facilitated the customer experience, allowing people to place bets remotely or in-person from the event itself, leading to increased revenue for sportsbooks. Betting site operators can also reach a much larger audience and customer-base. Overall customer convenience plays a large part in driving up sports betting revenue.
Gross revenue represents the total amount of money a sportsbook takes in from all customer bets, and it includes the total value of all bets placed, regardless of whether the bets won or lost. In other words, gross revenue is the total amount of money a sportsbook earns from its customers. Net revenue, conversely, is the amount of money a sportsbook earns after deducting all its operating expenses. This includes things like salaries, rent, marketing expenses, and other costs associated with running the sportsbook. Net revenue is the profit a sportsbook makes from its operations.
Major sports events including the Super Bowl and World Cup have a significant impact on sports betting revenue. These events garner a lot of attention from fans, which leads to increased betting activity and higher revenue for sportsbooks. The Super Bowl alone is the largest single-day betting event on the sporting calendar, which generates millions of dollars in revenue for sportsbooks.
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