The Beaver State is getting ready to launch its first mobile sports betting app.
On Thursday, John Canzano of the Oregonian confirmed that the Oregon Lottery had completed the testing phase of its online wagering app known as the Scoreboard. According to the journalist, the only thing that is remaining is the final approval on payment methods from banking partners such as MasterCard and Visa.
The Lottery spokesperson, Matt Shelby, has commented on the issue as well, confirming that the Commission is working on finalizing the financial components of the sports betting product before launching. If everything goes as planned, the Scoreboard app will go live on October 7.
Early this year, the Oregon Lottery had announced that the mobile product would debut before the start of the football season but it did not hit the market on the target date. The delay was due to the rigorous testing involved. These tests were carried out to ensure that the platform is functional, secure, and reliable.
Oregon Lottery teams up with SBTech to offer online wagering
The Scoreboard app is powered by SBTech software. The State Lottery announced SBTech as its implementation partner back in March, choosing the vendor over Scientific Games Digital and Playtech.
According to the Lottery, SBTech was the most suitable candidate for the job because it is a sports-betting only provider, and it proved it was capable of delivering within a short timeframe.
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Besides, the company has an open platform that players can access and understand with ease. The vendor’s responsible gaming tools which are capable of detecting signs of problem gambling also impressed the vendor.
Sports betting with the Scoreboard App
The Scoreboard will be the state’s first online betting app, and the only one. The product will be tied to the state’s online lottery app, making it possible for users to place sports bets and play lottery games using the same account.
The digital sportsbook will be accessible to all Oregonians who are at least 21 years old. Bettors will use the app for online registration, and to manage all aspects of their accounts including finances.
The sportsbook will offer a range of professional sports from the US as well as international leagues. The available wagers will vary from money lines to handicaps, and totals. Propositions, parlays, futures, and live bets will be part of the offering as well.
The only downside to the Lottery sports betting product is that it will not feature college bets when it debuts next week. However, the operator has said that they will explore the possibility of offering the market in the future.
To place an online bet, the user will be required to be physically located within the state borders. Also, one will not be able to place a wager from the tribal lands.
Oregon sports betting at a glance
Regulated sports wagering in the Beaver State took off on August 27 with the opening of a retail sportsbook at the Chinook Winds Casino Resort. The casino, which is located in Lincoln City, is operated by the Siletz Tribe.
Until now, Chinook Winds is the only operational sports betting venue in Oregon, but more tribal casinos might join the market soon.
The state’s sports betting law allows the tribes to operate on-site sportsbooks only.
The Oregon Lottery, on the other hand, can offer both mobile and retail sports betting services. However, the Commission has said that it will start with the rollout of a mobile platform before opening retail kiosks across the country.
According to the Commission, an online sportsbook will be more profitable since it will be accessible to more bettors. The state projects that the Scoreboard will generate $37 million in revenue during its first three years of operation.