DraftKings will ban the use of credit cards for sportsbook and online casino deposits in the United States beginning August 25, 2025. The Boston-based operator announced the decision on Thursday, saying the change is designed to protect customers from “cash advance fees and higher interest rates” tied to credit card funding.
The move comes just weeks after the Massachusetts Gaming Commission fined DraftKings $450,000 for allowing customers to deposit with credit cards in the state, where such transactions are prohibited by law.
Why DraftKings Is Banning Credit Cards
A DraftKings spokesperson told SBC Americas that the company has made a “strategic business decision” to eliminate credit card funding. Customers will…