More than $72 Million Already Spent in Midterm Elections by Sports Betting Industry

Sports Betting Giants Join Unprecedented Corporate Efforts to Buy 2026 Midterms

As corporations spend record sums to influence this November's elections, new campaign finance data shows a powerful new interest fueling the trend: sports gambling companies.

More than $72 million already spent in midterm elections by sports betting industry

Online sports betting companies are starting to become a major player in the 2026 midterm elections. Recent estimates have bettors pouring in more than $72 million into races across the country as the emerging trend from prediction markets like Kalshi and Polymarket are bringing in fresh competition and scrutiny to online betting.

Sports betting election spending surpasses $72 million

DraftKings, FanDuel and other online sports betting companies ramped up election spending on the U.S. midterms to at least $72 million so far.

Sports gambling firms spend $72M on elections

NEW YORK — DraftKings, FanDuel and other online sports betting companies ramped up election spending on the U.S. midterms to at least $72 million so far, the latest campaign election data shows, as prediction markets like Kalshi and Polymarket bring…

Sports betting industry spending on US midterm elections surpasses $72 million