DraftKings, FanDuel PAC Spends $9.3 Million to Lift Pro-Gambling Candidates in Alabama Primaries
Updated
Updated · Bloomberg · May 21
DraftKings, FanDuel PAC Spends $9.3 Million to Lift Pro-Gambling Candidates in Alabama Primaries
1 articles · Updated · Bloomberg · May 21
$9.3 million from a DraftKings- and FanDuel-backed super PAC made it the biggest spender in Alabama’s Republican primaries, helping pro-gambling candidates notch early wins.
American Conservative Fund targeted state-level races with candidates seen as more likely to support legalizing gambling in a state long central to college sports.
The spending gives the sports-betting industry an early statehouse victory as it works to install gambling-friendly lawmakers across the country.
A crypto-funded super PAC ranked second in Alabama primary spending, underscoring how outside industry money is shaping down-ballot contests.
After a $9.3 million political bet, will gambling giants finally unlock Alabama's lucrative market?
As millions in gambling money flow into elections, what aren't voters being told about who is being funded?