DraftKings<\/td> Bet $5, Get $150<\/td> Sportsbooks Fantasy Casino Marketplace<\/td> 18 sports<\/td> Yes<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n Land-Based Sportsbooks\n <\/h3>\n \n\n \n While these locations are primarily casinos, they also offer sports betting. Meanwhile, the Oregon Lottery has over 2,500 stores<\/strong> to choose from.<\/p>\n\n\n
Casino<\/th> Location<\/th> Opening hours<\/th><\/tr><\/thead> Chinook Winds Casino Resort<\/td> 1777 NW 44th St, Lincoln City, OR 97367<\/td> Monday – Sunday 8am – 4am<\/td><\/tr> The Mill Casino and Hotel<\/td> 3201 Tremont Ave, North Bend, OR 97459<\/td> Open 24 hours<\/td><\/tr> Spirit Mountain Casino<\/td> 1777 NW 44th St, Lincoln City, OR 97367<\/td> Open 24 hours<\/td><\/tr> Three Rivers Casino Resort, Florence<\/td> 5647 Highway 126, Florence, OR 97439<\/td> Open 24 hours<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\nOregon Sports Betting Timeline<\/h2>\n \n\n \n Now that we've established the current legal situation of sports betting in Oregon, let's take a look at how things have unfolded over the years.<\/p>\n\n
\n 1931<\/strong>: Pari-mutuel betting on horse racing is legalized.<\/p><\/div><\/li>\n 1931 – 1984<\/strong>: Betting experiences gradual growth, marked by a more relaxed attitude towards casual public gambling. Additionally, gambling for charitable purposes gains widespread popularity.<\/p><\/div><\/li>\n 1984<\/strong>: The Oregon Lottery is launched, mainly dealing with lotteries, scratchies, keno, and more.<\/p><\/div><\/li>\n 1989 – 2007<\/strong>: Sports Action is created, providing safe sports betting.<\/p><\/div><\/li>\n 1992<\/strong>: The Professional and Amateur Sports Protection Act (PASPA) makes betting illegal in almost every state. Oregon was largely except thanks to Sports Action.<\/p><\/div><\/li>\n 2018<\/strong>: The US Supreme Court overturns PASPA, effectively legalizing betting and gambling.<\/p><\/div><\/li>\n 2019<\/strong>: Oregon sports betting is officially legalized.<\/p><\/div><\/li>\n 2022<\/strong>: DraftKings becomes the sole legal online betting site in the state.<\/p><\/div><\/li><\/ul>\n\nOregon Sports Betting Revenue and Taxation<\/h2>\n \n\n \n Oregon sports betting taxes are actually quite reasonable, though the rates change depending on the platform in question.<\/p>\n\n
\n For casino or sports betting, the tax rate stands at 8.9%<\/strong> of the revenue, while bets placed through the Oregon Lottery are taxed at a slightly lower rate of 8%<\/strong>.<\/p>\n\n\n Bookmakers are obligated to issue a W2-G form <\/strong>to both you and the IRS, detailing your winnings and taxable income. You can expect to receive this form if your winnings meet or exceed certain criteria:<\/p>\n\n\n
Bingo\/Slots<\/strong><\/td>$1,200 or more<\/td><\/tr> Keno<\/strong><\/td>$1,500 or more<\/td><\/tr> Poker Tournaments<\/strong><\/td>$5,000 or more<\/td><\/tr> Other (ex. Sports betting)<\/strong><\/td>$600 or more \/ payout 300x amount wagered<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n
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