Online betting companies wager big money on US state elections

Gambling companies are increasingly investing in the outcomes of US state elections, seeing the midterm polls as a pivotal moment to influence their regulatory environment. With states deciding on the extent and nature of gambling laws, these firms are spending significant sums to lobby and support candidates who align with their interests. This trend highlights the growing intersection of politics and business in shaping regulatory landscapes, raising questions about the influence of corporate money in democratic processes. For more details, check out the full article on the Financial Times website.