Oregon sports betting handle tops record $100 million

Sports Betting

The Oregon Lottery has reported record figures for its sports betting operations, with a recent monthly high handle of over $101 million and an annual tax revenue record of $29.3 million in the last calendar year. 

The Oregon Lottery, which operates the state’s single-operator sportsbook (currently DraftKings), consistently reports monthly and quarterly data. 

Oregon Lottery revenues flow into the State Treasury and fund programs for education, parks, economic development, veterans programs, and even a tiny bit for treatment of gambling addiction, among other expenditures.

Oregon gets 51% of the net revenue from sports gambling—the amount left over after payouts, DraftKing’s cut, and other costs.

Although only a small portion of Oregon Lottery revenue, sports betting is the agency’s fastest-growing segment. From 2023 to 2024, its revenues jumped 36%, reaching $75 million, and now in 2025 topping $100m the OJP analysis shows.

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