Caesars Online Casino Finished With Credit Card Deposits

Just 2 months following Virginia’s ban on credit card sports betting deposits, Caesars has announced it will not accept credit card deposits anymore. Caesars Sportsbook is the final one of the “top 6” betting firms in the US to part with credit card payments, which are quickly becoming taboo for lawmakers and operators alike. It all started with DraftKings (DKNG ) in August of last year, and in the space between then and now, FanDuel, BetMGM, bet365, and now Caesars have all followed suit.

In the meantime, state authorities and sports betting regulators across the US have pressured operators to remove credit cards from their offered payment gateways, and with Virginia, 10 states have made this payment method illegal. The reports indicate that removing credit card payments does not do much damage, financially, to sportsbooks or state authorities. The betting handles do not suddenly drop because the books don’t accept credit card payments anymore. But for customers, credit card gambling can have serious psychological and financial consequences.

Caesars Bans Credit Card Deposits

At the beginning of May, Caesars withdrew credit cards as a supported deposit method across its online gambling verticals, stating that the payment method would not only be offered to gamers in Puerto Rico or Canada. With it, the last of the big 6 online casino and sportsbook brands has cut off credit card payments, signalling a shift in the US iGaming and sports betting industries. State authorities and responsible gambling organizations have lobbied for these changes for years on end, and now that all the most well known brands in the US have stopped these payments, it may create a knock on effect.

The very notion that you can borrow money to pay for gambling is somewhat unsettling. Though credit cards are one of the most popular payment methods in America, and a Forbes study on Credit Card Debt suggests the US public is only becoming more dependent on them.

According to 2025 Federal Reserve data, the average American has a $6,715 credit card debt, up $135 from December of 2024. The average interest rate on these balances is around 21.52%, meaning if you were to shell out $200 each month to pay off the $6,715, it would take you 7 years and 8 months to pay off. Oh, and you would be paying an extra $6,986.84 to settle your account.

It may be worth paying in credit for a home improvement, an idyllic vacation or a life-changing event such as a wedding. But it makes absolutely no sense to rack up thousands of dollars in debt to fund a poker habit, or a compulsive sports betting addiction. This is where credit can become extremely dangerous.

Other Sportsbooks with No Credit Deposits

The first sportsbook to step up and cut off credit cards was DraftKings, which made the decision back in August 2025. Then, DraftKings’ big competitor FanDuel was quick to follow suit, with bet365, BetMGM and now Caesars all joining the frey. Fanatics Sportsbook has never accepted credit cards as a deposit method for its sportsbook, but the likes of Borgata and BetRivers have yet to make a move here.

• DraftKings: August, 2025
• FanDuel: March, 2026
• BetMGM: March, 2026
• bet365: April, 2026

Now that Caesars has joined them, you can’t deposit using cards on the Caesars Sportsbook, Caesars Palace Online Casino, Horsehoe Online Casino or the Caesars-affiliated WSOP online poker site.

State Enforcement Against Credit Card Gambling

The collective movement of US sportsbooks and online casinos distancing themselves from credit cards is not just a moral decision, they are also reading the room and playing their cards first. State gambling authorities are gradually phasing out credit card gambling. Virginia became the latest state to ban credit card gambling back in April. Now, there are 10 states that have made credit card deposits illegal across online gambling platforms.

• Iowa: 2021
• Tennessee: 2021
• Massachusetts: 2023
• Rhode Island: 2023
• Vermont: 2024
• Oregon: 2024
• Illinois: 2025
• Maine: 2026
• Virginia: 2026

In other states, credit card deposits are still accepted, except at sportsbooks and online casinos that have withdrawn the payment option. What is quite interesting is that the sportsbooks and state authorities have not seen a decline in activity because of the decision. They continue to generate huge betting handles despite having no credit card deposit option, implying players are not particularly put off by the lack of credit card payments.

Players can use ACH transfers, online banking, debit cards, or web wallets like PayPal. In most of these cases, it is perhaps the simple convenience of using a payment method that the customers have become used to using. The average American has 4 credit cards, so it only makes sense to dedicate one of these accounts to your gambling bankroll. After all, having a dedicated account just for your gambling habit is actually a good way to keep track and manage your spending.

Having a separate account for gambling is actually a good, responsible decision. So long as it is anything but a credit card.

Harms of Credit Cards and Gambling

The problem is that credit cards essentially give you a bottomless pool of resources to fund your sports bets or slots gaming. With debit cards, web wallets and practically any other banking account, you have a set balance and once it is depleted, you cannot spend anymore. Going completely bust is awful, but not as dire as if you have a credit account where you can spend money that is technically not yours.

For problem gamblers and compulsive bettors, it can open a dangerous door. It may be tempting to borrow money to chase losses, win back money and come back to square one, or indulge in emotional impulses. Credit cards will allow you to deposit more money – to a limit of course – but you will have to repay that money. With interest.

The financial pains are delayed because you get time to pay off the debt perhaps flexibility as to how you will pay it off. But as time passes, the interest will kick in and those debts will start to climb. Now consider if a debt ridden gambler had 4 credit cards – they could effectively continue borrowing, hoping for an all-saving jackpot that brings them into the clear – but realistically they are more likely to quadruple their debt.

The vicious cycle can spiral downwards very quickly. There is nothing sustainable about using credit cards to fund gambling activities, and that is why advocates lobby so hard against these deposit methods.

How the US Fares Against Other Countries

The United States has one of the highest median credit card debts per user, which is why it is vitally important for intervention either by the gambling operators themselves or the state authorities. Another one is the UK, which also has a high household debt, but the UKGC was among the first in the world to recognize the dangers of credit card gambling. In 2020, the UK banned credit card deposits, making a historical precedent for other countries. Since then, Australia, Sweden, and Norway have banned credit card deposits.

Other countries have gone down alternative routes, heavily restricting credit card funded online gambling, and even introducing enforcement procedures such as deposit limits, affordability checks, proof of income statements, and player deposit monitoring. These measures are all intended to stop players from overspending, but they roam dangerously close to overregulation.

Because deposit limits, affordability and financial risk checks, and source of income proof can all scare off players. They are intrusive, limit the spending with generic limits, and can frustrate gamers who play more often or with more money than the regulators estimate for the general public. This can lead to a rise in black market activity, like what is happening in the Netherlands right now. There, the black market has actually overtaken the regulated one, though not in terms of the number of active players. No, because over 90% of Dutch players use regulated sites, but the high-value players (and perhaps people who exceed their limits at regulated sites), are veering towards unlicensed sites to make their high-stakes bets and gambles.

Efficient Player Protecting Measures

Having the operators, like Caesars here, step in is a goodwill gesture that is a win-win for all. It doesn’t come across as another enforcement by the state authorities, but it achieves the same purpose by cutting off credit cards. Banning these payment methods is really the best solution in any case. The numbers back this up, as DraftKings and the others have not lost any revenue after cutting off credit cards.

The alternative would be the state authorities stepping in with strict rules and conditions for deposits. Such as setting generic deposit limits, making proof of income mandatory, and intervening with affordability checks. These are more common in European countries than they are in the US, where the laws are more fragmented and vary from state to state, and even with mobile vs landbased casinos. Though as all the biggest operators in the US have now abandoned credit cards, it feels more likely that these payment methods are slowly going to disappear entirely from the US altogether.