One interesting development was that retail sports betting handle rose 30.5% in August to just over $7 million, from the $5.38 million in July. Perhaps the Connecticut Sun¡¯s WNBA playoff run had something to do with drawing more wagering at physical sportsbooks. The Sun went to the WNBA Finals before losing the best-of-five series 3-1 to Las Vegas, with the Aces clinching Sunday in Game 4.




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California Ballot Referendum: California, the most populous state, has legalized sports betting on its ballot this Election Day. Kantar/CMAG reports ad spending has already exceeded $300 million. When compared to previous ballot measures, Steve Passwaiter, a Senior Advisor to Kantar/CMAG notes, ¡°It¡¯s clearly set a new record, the spending to date has beaten totals for the 2020 measure [Proposition 22] on gig workers.¡± Additionally, to date, the California propositions has easily surpassed the ad dollars spent in any statewide political election this year (the Senate race in Pennsylvania being the second most costly). Alaska also has a ballot referendum on sports betting in November.
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