Confirmed, replicated. I playtested it and got the same result even with a blue Backdrop Color, it rendered a Black board when set to Transparent. but I think a better test screenshot is when you have a different color set for the Background Color... There has to be something underneath to show-through. If it's transparent Board Color on top of black Backdrop Color, then seeing black is expected. If it's transparent Board Color on top of blue Backdrop Color, then I think seeing blue would be expected. What color are you hoping to see come-through the transparent?