US gambling operators increase lobbying spending ahead of midterms
Regulation · SectorWire deskSource published
Summary
DraftKings, FanDuel, Fanatics and other gambling companies have pooled resources to support candidates in November's US midterm elections. The companies have spent at least $72m on the elections so far, according to a Reuters report cited by the outlet. The funds support Win for America, a super PAC, and two connected committees targeting candidates of both parties.
Why it matters
The spending shows operators are funding candidates who back their interests as prediction markets and state legislation shape the sector.
Last close USD 24.74 on 11 September 2026. USD 24.55 on the story date (29 July 2026). Range USD 21.76 to 28.79, axis not from zero. Delayed end-of-day data, not live. Not investment advice.
Cite as: SectorWire, “US gambling operators increase lobbying spending ahead of midterms”, 29 July 2026, https://sectorwire.news/item/us-gambling-operators-increase-lobbying-spending-ahead-of-midterms/
Key facts
- Parties
- DraftKings, FanDuel, Fanatics, Kalshi, Polymarket
- Market
- USA
- Shares
- DraftKingsdown 0.1%1DLatest close · change from previous closeNASDAQ: DKNG · · end-of-day, delayed