Sports owners bet big on Republicans. What does their defeat mean for US sports?
- Democrats flipped both chambers of Congress.
- Sports owners spent heavily backing Republicans.
- Gambling and stadium policy could face new political battles.
Democrats’ gains in the US midterm elections weaken Republican control in Washington, disappointing sports owners who spent heavily backing Republican candidates. The result could affect disputes over prediction markets, gambling rules and public funding for stadiums, though both parties have helped expand the sports betting industry. Professional sports…