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FanDuel ends US credit card deposits across sportsbook, casino and racing

Deals & M&A

FanDuel said it will stop accepting credit card deposits for its US sportsbook, casino and racing products from 2 March. The company said it decided to remove the payment method after reviewing its customer options; Senator Elizabeth Warren has called on betting companies to provide information about credit card fees.

Operators and customers will need to account for FanDuel’s removal of credit cards as a deposit method.

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Regulation

US betting operators phase out credit-card deposits as analysts see limited impact

US betting operators including DraftKings, FanDuel and BetMGM have restricted or are phasing out credit-card deposits, while some states have enacted or considered bans. Analysts Jordan Bender and Sam Ghafir said the effect on operators’ income was expected to be limited; Flutter Entertainment also reported no material impact after removing the option. FanDuel said its US ban took effect on 2 March 2026.

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