FanDuel and DraftKings Fund $41 Million Lobbying Effort by Super PAC .. PYMNTS.com ...Middle East

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FanDuel and DraftKings Fund $41 Million Lobbying Effort by Super PAC .. PYMNTS.com

Sports gambling platforms have contributed $41 million to a new federal super political action committee (PAC) this year, Bloomberg reported Wednesday (April 15), citing filings from the Federal Election Commission.

FanDuel gave $19.5 million; DraftKings’ parent company, $17.5 million; and Fanatics Sportsbook, $4 million, according to the report.

    The super PAC, Win for America, is expected to back candidates who support legal, regulated online sports betting and online gaming across the country, the report said.

    Win for America has given $33 million to two super PACs — American Future and the American Conservative Fund — and ended the first quarter with $7.5 million on hand, per the release.

    The New York Times reported Wednesday that the $41 million contributed by the three companies suggests Win for America is likely to be one of the biggest spenders in this year’s elections.

    The super PAC is expected to focus on state legislative races. American Future will engage in Democratic primary races, while American Conservative Fund will concentrate on Republican ones, according to the report.

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    The sports betting industry has been lobbying state legislatures on issues around legalizing sports betting, restraining taxation and limiting some regulation, per the report.

    PYMNTS reported in February that legalized sports betting triggered one of the fastest state-by-state commercial expansions in modern consumer tech, though that achievement may be matched by prediction markets that bypassed state regulators and went straight to the Commodity Futures Trading Commission.

    DraftKings said in February, while reporting its fourth quarter and full year 2025 results, that it posted quarterly earnings revenue of about $1.99 billion, which was roughly a 43% year-over-year increase.

    The company also said that since 2022, it had added nearly 6 million customers. Unique customers engaging with the platform had climbed steadily over the past several years, reaching double-digit millions by late 2025, DraftKings said at the time.

    PYMNTS reported in December that DraftKings, FanDuel and Fanatics have entered the prediction market segment. DraftKings entered the space via its acquisition of Railbird, FanDuel announced a partnership with CME Group, and Fanatics launched a prediction market platform called Fanatics across 24 states.

    FanDuel and DraftKings Fund $41 Million Lobbying Effort by Super PAC | PYMNTS.com Top World News Today.

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