Sports betting is making its way around the country after the United States Supreme Court overturned a federal ban on sports betting last year.
On Wednesday, October 16, 2019, the Oregon Lottery launched its own app for mobile sports betting. This is the first time sports betting has been legal in Oregon since it was outlawed in 2007.
The app, Scoreboard, is open to any person living within the state of Oregon, allowing them to place a legal wager on professional sports. Scoreboard can be accessed on both iOS and Android devices, as well as online through the Oregon Lottery website.
Scoreboard will allow users to bet on sports within the NFL, NBA, MLB, NHL, as well as soccer, auto racing, cricket, darts, and other professional sports. However, users will not be able to bet on NCAA games.
The creator of Scoreboard, SBTech, has the opportunity to review any bet placed through the app and can flag any that look suspicious. Scoreboard is not obligated to take all wagers. The app will hold a maximum of $250,000 per account, which is insured by the FDIC.
The Oregon Lottery expects users to wage up to $300 million during the first year, with the state grossing $5 million. They also estimate the app to bring in a net profit of $37 million during the first three years. Scoreboard is the only legal mobile book available to users in Oregon.
*The Pace Intellectual Property, Sports, and Entertainment Law Forum neither encourages nor discourages gambling. Always remember to gamble legally and responsibly.