by Giovanni Shorter | May 11, 2021 10:16 am | Sports Betting
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...
by Giovanni Shorter | May 5, 2021 10:47 am | Revenue
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 fans...
by Hasan Nabulsi | Mar 1, 2021 2:57 pm | Regulatory
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...
by Hasan Nabulsi | Feb 27, 2021 1:41 pm | Sports Betting
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...
by Christina Monroe | Jan 18, 2021 9:30 am | Regulatory
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 (ORC) would be...