Sports

Sports owners bet big on Republicans. What does their defeat mean for US sports?

But from gambling legislation to stadium subsidies, both parties have helped build the system that enriches American sports’ billionaire owners Before a single vote was cast this election cycle, the technocrats and oligarchs who own American sports had already voted.

✦ Extractive summary — built from the sources' own reporting•From 1 source•1 min read•Updated November 5, 2026, 10:00 AM UTC
Key points
  • New Jersey’s governor, Phil Murphy, placed his state’s first legal sports bet in 2018.….
  • Think Republicans are behind all of our ills?
  • Democrats are the instrument for ending Maga, and they are also the other face of the same coin.

Pro sports owners put more than $100m into this cycle, according to Front Office Sports.

But Tuesday night was a referendum not just on Donald Trump and Maga policies, but on the puppeteers who pull America’s strings.

Additional details
  • A Democratic sweep has changed Washington’s balance of power.

How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →

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