Sportsbooks contribute $72m to US election PAC

Sportsbooks contribute $72m to US election PAC

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DraftKings, FanDuel, Fanatics and bet365 have contributed at least US$72m to Win for America during the 2026 midterm election cycle as political debate intensifies around sports betting, taxation and prediction markets.

Four online betting operators have directed $72m to Win for America, a super political action committee supporting candidates in US federal and state elections.

DraftKings has contributed at least $34m, followed by FanDuel with more than $27m. Fanatics and bet365 have each provided $5.5m, with the latter contributing through its US subsidiary, Hillside Shared Services US.

Super PACs can accept and spend unlimited corporate and individual contributions but cannot donate directly to candidates or coordinate their activity with election campaigns.

Win for America distributes funding through groups supporting candidates from both major parties, including the Republican-focused American Conservative Fund and Democratic-focused American Future.

The operators contributed $43m during the first quarter before adding a further $29m in the following three months.

Federal disclosures do not include all spending on state elections or contributions to non-profit organisations that are not required to reveal their donors. DraftKings has also contributed at least $1m to other committees, while FanDuel has provided a further $2m.

Public Citizen estimates that online betting has become the third-largest source of corporate political contributions during the current election cycle, behind cryptocurrency and technology businesses.

Rick Claypool, research director at Public Citizen, said: “Win for America is ramping up to be another corporate money juggernaut.”

More than $12m was channelled into 34 Georgia legislative races ahead of the state primary as lawmakers considered proposals to legalise additional forms of gambling.

All but two of the candidates supported by the betting-backed committees won their races. Win for America has also spent heavily in Pennsylvania, where lawmakers considered raising online sports betting taxes to support public transport funding.

The spending comes as licensed sportsbooks face competition from prediction-market platforms including Kalshi and Polymarket, alongside state debates over taxes, product restrictions and gambling expansion.

Federal lobbying expenditure has also increased. FanDuel spent $1.1m during 2025, seven times its 2024 total, while DraftKings more than doubled its annual expenditure to approximately $900,000.