DraftKings Partner With The Oregon Lottery

 

Written By Darren Cooper on January 27, 2024
Draft Kings Become a Big Name in Oregon

 

After going live with its online sportsbook in New York, DraftKings Inc. became the new official provider of the Oregon Lottery on January 18. Subsequently, it is the only legal mobile sportsbook in the Beaver state.

DraftKings is adding one coast to the other

DraftKings replaced the previous Scoreboard app used by Oregon players on January 18. Previous Scoreboard players were able to create a new account and rollover their funds to the DraftKings sportsbook. Furthermore, any open bets were carried over.

“DraftKings is thrilled to embark on this journey with the Oregon Lottery as we build out a coast-to-coast presence with our top-rated online sportsbook for these fans to experience ahead of the NFL playoffs and Super Bowl,” said Paul Liberman, co-founder and President of Global Technology and Product in a statement announcing the move on the DraftKings web site.

“The Oregon Lottery shares our innovative spirit as one of the most progressive organizations in the real-money gaming sector, and together we look forward to delivering the exceptional online sportsbook products that Oregonians have been anticipating.”

Exclusivity is the name of the game

The deal with the Oregon Lottery gives DraftKings its second exclusive agreement with a state. In fact, it had originally begun the partnering process with the New Hampshire Lottery in 2019.

“We’re excited about the improved experience for our players – including the ability to make same game parlay bets. DraftKings is a premier provider in the US,” said Barry Pack, Director, Oregon Lottery. “We see benefits for Lottery too, as the shift to DraftKings means fewer third-party service providers and a simpler financial structure for player accounts.”

There had been discussions of Oregon switching online providers before the OLC (Oregon Lottery Commission) voted to switch from the Scoreboard app to DraftKings last August.

Oregon set up its first sportsbook in Sept. 2019 at Chinook Winds.

“The DraftKings platform is a lot more familiar to regular US sports betting,” Pack told reporters in August. “The SBTech platform was more of a European design.”

Oregon’s legislation is still hesitant

Oregon still does not allow betting on college football or basketball. As a result, this issue could come up at the next scheduled legislative session which begins Feb. 1.

According to a recent story on oregonlive.com, the Oregon State Lottery is the second-largest source of revenue in the state after income taxes. Additionally, the legalization of sports wagering adds millions in revenue.

DraftKings is already live in 15 other states, including Colorado, Wyoming and Arizona. All those states allow wagering on college games.

As part of its deal with the OLC, DraftKings additionally reaffirmed its commitment to responsible gaming. They stated that Oregon betters will have access to tools to limit deposits, alongside mandatory cool-down periods and other self-restrictions.

Big win for the Oregon environment

Furthermore, DraftKings is concentrating on various environment efforts in Oregon. The company worked with the Arbor Day Foundation to fund the planting of 1 million trees by Earth Day 2024 hoping to impact 15 states and nine countries.

Specifically in Oregon, the company has sponsored the planting of 110,000 trees to aid with fire suppression efforts.

These efforts are part of the DraftKings S.E.R.V.E.S. program that champions a better world and work environment.

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