Report: Sportsbook Heavyweights Give $48M To Pro Sports Betting Super PAC

  • Sports Betting Alliance members including DraftKings and FanDuel have funneled $48 million into the Win for America super PAC
  • The committee directs cash to state PACs
  • It came under scrutiny in Alabama

DraftKings (NASDAQ: DKNG), Flutter Entertainment’s (NYSE: FLUT) FanDuel and some of the biggest names in sportsbook have directed $48 million into a new super political action committee (PAC) geared around expanding sports betting, Axios has reported.

Boyd Gaming Illinois casino Par-A-Dice Peoria
A new sports betting super PAC is donating cash to other PAC across the country, including in Illinois. (Image: Shutterstock)

According to latest reports, members of the Sports Betting Alliance (SBA) have contributed a combined $48 million into the Win for America super PAC, which has reportedly already spent $20 million on primary reasons across the US.

This Super PAC funnels funds to smaller local PAC’s as they work to grow legalized sports betting across US states.

Those expenditures focused on six states, including three where sports wagering isn’t legal — Alabama, Georgia and Texas. Another push to legalize sports gambling in Georgia died last month with such failures becoming regular occurrences in the Peach State.

Other SBA members include privately held Fanatics and UK-based Bet365. As Axios notes, the super PAC raised $41 million through the most recent reporting period, but Bet365 recently chipped in another $7 million.

Recipient of Super PAC Cash Came Under Fire in Alabama

In Alabama, where sports betting and wider gaming has failed to be legalized, a local PAC that received money from Win for America was scrutinized for failing to properly file financial reports with the secretary of state’s office.

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.

ACF is active in other states, where it is believed the PAC is in compliance with various filing protocols. One of those states is North Carolina, which is a state to which Win for America has directed capital.

Other states to which the new sports betting campaign committee has directed cash include Illinois and Ohio.

The PAC hasn’t said why it’s funneling cash to any of the aforementioned states, but in the case of Illinois, it very well could be to support candidates that oppose additional sports betting taxes, including a Chicago-specific levy, or those that back iGaming.

More States on the Docket

Unidentified sources with knowledge of the matter told Axios Win for America could direct cash to as many as 15 other states as the 2026 midterm election season ramps up with New York and Pennsylvania being part of that group.

Sports betting taxes in both states are among the highest in the country.

Todd Shriber
Todd Shriber Financial Reporter

Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org.

Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019.

Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com.

He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better.

Contact Todd at todd.shriber@casino.org.

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