The Oregon Lottery has reported a 594.9% year-on-year increase in sports betting revenue in April, while the US state’s handle also rocketed 475.0% to $25.3m.
Gross gaming revenue from the DraftKings-powered Scoreboard sportsbook amounted to $2.7m in April, up from $392,767 in the same month last year. This total also represents a 92.7% improvement on the $2.7m in March this year.
Player spending was up from $4.4m in April 2020 to $25.3m, with consumers having placed a total of 760,131 bets during the month.
Breaking wagers down by sport, basketball came out on top with $13.6m in bets, generating $1.6m in revenue.
Baseball ranked second $4.3m in bets and $1.6m in revenue, then football with $2.6m in total wagers and $227,684 in revenue.
In terms of bet type, 469,294 wagers were single and teaser bets, representing 61.7% of all wagers in the month, with the remaining bets being combo and systems wagers.
The majority of bets (466,753) were placed pre-match, representing 61.2% of all wagers in the month, while 293,678 bets were placed in-play during sporting events.
For the year to date, revenue in the four months to the end of April amounted to $10.7m, with player spending at $113.9m. Some 3.6 million bets were placed among 35,594 unique active players.