Sportsbook Heavyweights Give $48M To Pro Sports Betting Super PAC
According to Axios, a new super political action committee (PAC) focused on growing sports betting has received $48 million from DraftKings (NASDAQ: DKNG), Flutter Entertainment's (NYSE: FLUT) FanDuel, and some of the biggest names in sportsbook.
Recent sources state that members of the Sports Betting Alliance (SBA) have contributed a total of $48 million to the Win for America super PAC, which has apparently already spent $20 million on primary causes across the United States.
As smaller local PACs strive to expand legalized sports betting throughout US states, this Super PAC provides funding to them.
These spending were concentrated on six states, including Alabama, Georgia, and Texas, three of which do not permit sports betting. Last month, another attempt to legalize sports gambling in Georgia failed, and these kinds of setbacks are now commonplace in the Peach State.
UK-based Bet365 and privately held Fanatics are two other SBA members. The super PAC raised $41 million during the most recent reporting period, according to Axios, but Bet365 recently contributed an additional $7 million.
Super PAC Cash Recipient Faces Criticism in Alabama
A local PAC that accepted funding from Win for America was under investigation for improperly submitting financial records to the secretary of state's office in Alabama, where sports betting and other forms of gaming have no been allowed.
"The Virginia-based American Conservative Fund (ACF) registered with the State of Alabama in January 2025 after receiving a $500,000 donation from Win For America, a PAC funded entirely by a $2 million donation from DK Crown Holdings, Inc., the corporate entity for DraftKings,” reports 1819 News.
In other states where the PAC is thought to be in conformity with other filing procedures, ACF is operational. North Carolina is one of the states, and Win for America has allocated funds to it.
The new sports betting campaign committee has also allocated funds to Ohio and Illinois.
The PAC hasn't stated why it's sending money to any of the aforementioned states, but in Illinois, it might be to assist candidates who support iGaming or who oppose extra sports betting taxes, such as a Chicago-specific levy.
Additional States on the Docket
As the 2026 midterm election season approaches, Axios was informed by unnamed sources with knowledge of the situation that Win for America may allocate funds to up to 15 additional states, including Pennsylvania and New York.
Both states have among of the highest taxes on sports betting in the nation.
