The Oregon Lottery’s Scoreboard sports betting app enjoyed an bounceback in May after its numbers cratered because of the COVID-19 pandemic. [Image: Shutterstock.com]Sports betting recovering in Oregon The Oregon Lottery Scoreboard sports betting app has started its r taobao online Best Online Casino ecovery after sporting events shut down this spring because of the COVID-19 pandemic. In May, the SBTech-powered application saw both revenue and handle increase, a first since February. Turnover rose 64.5% to $7.3m. Though most popular sports were suspended, table tennis and mixed martial arts (MMA) took center stage, helping breathe life into Oregon sports betting. Table tennis generated 76,822 bets and $3.8m in May stakes, while MMA bets totaled $1m for the month, rising from a low of $14,850 in April. International soccer also helped increase betting totals; the return of the K-League in South Korea and Germany’s Bundesliga brought in $977,485 in wagers. Oregon Lottery Scoreboard app totals for MayIn May, players placed a total of 223,325 wagers via the Scoreboard app, an increase from 139,627 in April. The app had 7,763 active players as of May 31. The average stake across all sports and markets was $32.64, a 2.9% bump from April’s mark. revenues were up 52 go188 .3% to $598,061 Once the lottery paid customers their winnings, revenues were up 52.3% to $598,061, a strong indication that the the state’s sports betting industry is starting to recover aft taobao against correct taobao correct score er being being slammed by the coronavirus crisis. Both revenue as well as handle fell sharply after in February, a month with turnover of just over $20m and revenues of $1.5m. Successful startThe Oregon Lottery Scoreboard app launched in late October 2019 and enjoyed India Football Predictions Site a promisi taobao correct taobao correct score ng start. In just the first two weeks of operation, the app saw over $4.5m in wagers placed and more than 25,000 customers register accounts.Since launch, Scoreboard has taken in $108m in wagers, generating $8.1m in revenues, significantly less than the lottery’s initial estimate published taobao soccer in June 2019.State officials expect stakes to surpass the $300m mark after the first year of operation with around $26.6m in revenues. The lottery was set to launch a retail option in January to boost revenue further, but the initiative has not gotten off the ground.
