FanDuel will no longer allow customers in the United States to fund their sportsbook, casino, and racing accounts using credit cards, aligning with a similar move made by DraftKings last year.
A FanDuel spokesperson confirmed to SBC Americas that the operator has been reviewing its payment options and decided to eliminate credit cards as a deposit method across all US markets.
“Over the last few months, FanDuel 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 States,” the spokesperson said.
While FanDuel did not formally confirm an exact implementation date, customer communications indicate the policy is expected to take effect on 2 March. The change does not apply to FanDuel’s operations in Canada.
Last week, I asked sports betting companies about Americans getting scammed by credit card companies when placing sports bets — to the tune of a $10 junk fee just to fund a $20 bet.
— Elizabeth Warren (@SenWarren) February 11, 2026
Glad to see Fanduel take action to protect consumers from these junk fees, joining DraftKings.… https://t.co/0Qmum9YpeK
Massachusetts Senator Elizabeth Warren commended FanDuel and DraftKings ‘ move in an X post. She also urged the “rest of the industry to follow suit.”
FanDuel follows DraftKings’ lead
FanDuel’s decision mirrors DraftKings’ August 2025 announcement that it would cease accepting credit card deposits for its US sportsbook and casino platforms.
DraftKings’ ban extended beyond direct credit card payments, also blocking deposits made via digital wallets such as PayPal, Venmo, and Apple Pay when funded by a credit card. However, those platforms remain available when linked to eligible payment methods like debit cards.
In a recent move, DraftKings said it is preparing to roll out crypto-to-cash deposits for sports betting customers in four US states, as regulators across the country tighten restrictions on credit card use in online gambling.
The new feature will allow users to convert digital assets into cash before depositing funds into their DraftKings betting accounts. The company confirmed the rollout in a statement, with regulators indicating the launch is expected in the coming weeks. The move was discussed during a recent meeting of the Massachusetts Gaming Commission (MGC), chaired by Carrie Torrisi, Chief of the Division of Sports Wagering. Commissioners confirmed that DraftKings has been approved to introduce the payment option in Illinois, Kentucky, New Hampshire, and Vermont.
Growing state-level restrictions on credit card gambling
Massachusetts is not alone in prohibiting credit card deposits for sports betting. Several states, including Massachusetts, Iowa, Tennessee, and Illinois, have banned credit card deposits for sports betting and other forms of online casinos. New Hampshire, Oregon, and Vermont have introduced similar restrictions. The Illinois Gaming Board adopted a similar regulatory policy last year.
Regulators argue that credit cards encourage problem gambling by allowing consumers to bet with borrowed money. Credit card deposits may also be treated as cash advances, exposing users to high interest rates and additional fees.
FanDuel had already restricted credit card deposits in certain states, but has now expanded the prohibition nationwide across all jurisdictions where it offers online sports betting, casino, and racing products.
Meanwhile, additional states are considering legislative action. Lawmakers in Virginia, New York and Maine are also reviewing bills that would prohibit credit card use for online sports betting. Some policymakers are now considering broader bans that would extend to online casinos and other forms of gambling, as states continue to balance innovation in payments with responsible gambling safeguards.
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