DraftKings is jumping into electoral politics with a new corporate PAC. The DraftKings PAC will be led by the platform’s senior director of federal affairs, Lauren Pfingstag Vahey, and senior vice president and deputy general counsel, Griffin Finan.

DraftKings is one of the first major sports betting platforms to start a corporate PAC. Fantasy sports company PrizePicks started a PAC in 2023, and prominent casinos like MGM Resorts and Caesars Entertainment as well as the American Gaming Association — which DraftKings belongs to — also have their own federal PACs.

Sports betting has taken off in the U.S. since it was legalized by a 2018 Supreme Court decision, with nearly $150 billion wagered across 38 states and Washington, D.C., last year, according to the AGA. But that popularity has begun to earn the industry a closer look from regulators concerned about personal finance and addiction.