Skip to content

Caesars Entertainment ends credit card deposits in US

Rajashree Seal
Written by Rajashree Seal

Caesars Entertainment has stopped accepting credit card deposits across its online gambling platforms in the United States, becoming the latest major operator to move away from the payment method.

The company confirmed to SBC Americas that the change took effect on 14 April. The update applies across all Caesars Digital sites and apps in the US, including Caesars Palace Online Casino, Caesars Racebook, Caesars Sportsbook & Casino, Horseshoe Casino, William Hill Sportsbook, and World Series of Poker Online.

The policy does not apply to Caesars’ online operations in Puerto Rico or Ontario, where credit cards continue to be accepted. The change is also reflected on the Caesars Sportsbook & Casino website.

A Caesars spokesperson told SBC Americas: “This change follows months of independent review and careful evaluation that began last fall, during which we closely assessed our deposit processes and customer preferences. By streamlining our payment options, we are simplifying the deposit experience, improving operational efficiency and reinforcing our commitment to delivering a seamless, customer-first digital experience.”

Customers in the US can continue to fund their accounts using alternative methods such as debit cards, ACH or eCheck, PayPal, Venmo, Apple Pay, prepaid Play+ cards, and cash deposits at retail locations where available.

Industry moves away from credit cards

Caesars’ decision coincides with the removal of credit cards as a deposit option by the majority of the top mobile sports betting companies in the US. The change started in 2025 and has accelerated since.

DraftKings ended the use of credit cards for sports betting and online casino deposits nationwide in August 2025. FanDuel made the same change on 2 March 2026, saying it was “to improve the deposit experience.” Later in March, BetMGM began a phased removal of credit cards, followed by bet365 ending their use across the US on 13 April.

A spokesperson for Fanatics Betting and Gaming told SBC Americas that the company has never accepted credit cards for online sports betting or casino since launching in the US.

Like Caesars, several of these operators continue to accept credit cards in Ontario’s regulated market. Other operators, including BetRivers, Hard Rock Bet, theScore, Hollywood Casino, and Bally’s, still accept credit cards in some markets. This shift in payment policy is part of a broader industry conversation around responsible gambling practices, one that is also shaping how best real money slots sites approach deposit options and player protection standards.

Regulatory pressure and state-level restrictions

Operators are making this change as regulators pay closer attention to the use of credit cards in gambling. Credit card deposits for online sports betting are already banned in states such as Iowa, Maine, Massachusetts, Oregon, Rhode Island, Tennessee, Vermont, and Virginia.

In 2026, this trend has continued. Virginia passed House Bill 515, which bans the use of credit cards for sports betting. The legislation was approved unanimously by the state Senate in March and signed into law on 13 April by Governor Abigail Spanberger. In Maine, Governor Janet Mills signed Legislative Document 2080 in early April, extending the ban to both the existing online sports betting market and the planned online casino market.

Other states, including Colorado, Maryland, New Jersey, and New York, have also considered similar measures this year.

At the federal level, the issue has also drawn attention. Senator Elizabeth Warren criticised the industry’s approach to credit cards earlier in 2026 and wrote to several operators before the Super Bowl seeking details of their policies. She noted that some users were not aware that deposits made by credit card could result in cash advance fees and additional charges.

Analysts expect limited financial impact

Analysts indicate that removing credit cards is unlikely to have a significant impact on operator revenues. Jordan Bender of Citizens JMP Securities told Gambling Insider that the overall effect should be “minimal.”

He noted that DraftKings’ handle “was not materially different in the months following the implementation” and described the change as “more as a headline rather than a real impact on the business.”

Macquarie Capital analyst Sam Ghafir also said, “We think the impact will be quite small, particularly in the long run.” He estimated that credit cards account for around 10 per cent to 20 per cent of US gambling deposits and added that such users tend to “punch above their weight,” often representing new or casual bettors.

Ghafir said there may be a modest short-term impact over a three to six-month period as some users adjust to new payment methods, but this is expected to normalise.

He also noted that credit cards carry higher processing costs, while alternative payment methods are typically cheaper and more reliable. According to Ghafir, removing credit cards can “reduce future policy risk” and support improved ESG positioning.

Don’t just read the news — stay ahead of it. Subscribe HERE to SiGMA’s Top 10 News countdown for stories shaping iGaming’s future, weekly insights from the world’s biggest iGaming community, and exclusive subscriber-only offers.