Warning: Undefined array key "post_type_share_twitter_account" in /var/www/vhosts/casinonewsblogger.com/public_html/wp-content/themes/cryptocurrency/vslmd/share/share.php on line 24


  • The sports betting company will prohibit credit card deposits beginning March 2, 2026
  • The prohibition is nationwide
  • previously prohibited credit card deposits in five states

FanDuel will no longer accept credit card account deposits nationwide for its sportsbook, casino, or racing products beginning next month.

Customers today logging into their accounts were greeted with a message informing them of the decision. The nationwide prohibition will go into effect on March 2, 2026.

“Over the last few months, has been evaluating the payment methods that we offer to customers and made the decision to remove credit cards as an option for our sportsbook, casino, and racing product in the United State. This change was made to improve our deposit experience for our customers,” a FanDuel spokesperson told Sports Betting Dime.

Nationwide Prohibition on Credit Cards

According to FanDuel, the prohibition on credit card deposits will include credit cards connected through Venmo, PayPal, and Apple Pay. Debit cards and bank accounts will still be acceptable forms of account deposits.

Prior to the nationwide prohibition, FanDuel did not allow credit cards deposits in five states. FanDuel prohibited credit card deposits in Massachusetts, Vermont, Connecticut, Illinois, and Tennessee. Even if users deposited funds in their accounts outside of these prohibited states, the funds would have been listed as “unavailable in your state” if they came back within the boundaries of the prohibited states.

The nationwide credit card prohibition will go into place about two weeks prior to the start of the NCAA March Madness tournament, one of the high points in the year for sports betting operators.

Operators Have Faced Stiff Credit Card Fines

Massachusetts, in particular, has been vigilant regarding its prohibition on credit cards. The Massachusetts Gaming Commission fined DraftKings $450,000 this past June for repeated violations of its credit card ban.

The commission levied a $450,000 fine to the Massachusetts-based gaming company for improperly accepting 1,160 bets funded by credits cards from March 10, 2023, through Feb. 14, 2024 for a total handle of $83,667.92.

The fine is the largest the commission has levied upon a licensed online sports betting operator since launching sports betting in 2023.

In addition to the monetary penalty, DraftKings was required to refund $83,667.92 of the improperly accepted credit cards funds to 218 customers.

Also, DraftKings was ordered to develop a corrective action plan to ensure the issue will not happen again and undergo an audit from an independent third party approved by the commission to ensure that no additional credit card funds were deposited and/or bet in the commonwealth.



Source link