DraftKings To Stop Accepting Credit Cards For Sports Betting

  • DraftKings will stop accepting credit card deposits on Monday.

BOSTONDraftKings will not take credit cards for deposits on its online sportsbook and casino platforms across the United States, starting on Monday.

This decision from the USA online sportsbook comes in the midst of concerns regarding user protection and the risks associated with credit card deposits. In short, they don’t want users to receive higher interest rates and cash advance fees.

DraftKings was popular for credit card sportsbook deposits, accepting all major forms of credit like Visa and MasterCard.

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Prior to the announcement, DraftKings did not accept credit in a few states based on regulations from gaming commissions. For example, the Massachusetts Gaming Commission fined DraftKings $450,000, after they self-reported the issue.

However, the ban will occur nationwide, and customers will be able to make sportsbook deposits through:

  • Debit cards
  • Bank Transfers
  • PayPal
  • Venmo
  • Apple Pay