Date: 31-07-2026 Sports Betting Giants Pour $72M Into U.S. Midterm Elections
The U.S. online sports betting industry has spent more than $72 million on the 2026 midterm elections, underscoring its growing political influence. Major operators, including DraftKings, FanDuel, Fanatics, and bet365, have backed candidates through the bipartisan super PAC Win for America, aiming to shape gambling legislation and regulatory policies. The surge in political spending comes as sportsbooks face increasing competition from prediction markets such as Kalshi and Polymarket, alongside heightened scrutiny of online gambling. Industry leaders are also expanding lobbying efforts to protect their interests as more states debate gambling laws, taxes, and future market regulations.