TLDR
- Caesars Entertainment has stopped accepting credit card deposits across all its U.S. online gambling platforms including Caesars Sportsbook, Caesars Palace Online Casino, Horseshoe Online Casino, and WSOP Online.
- The move follows similar decisions by DraftKings, FanDuel, BetMGM, and bet365, which all dropped credit cards within the past year.
- Customers can still use debit cards, ACH/eCheck, PayPal, Venmo, Apple Pay, prepaid Play+ cards, and cash deposits at retail locations.
- Analysts say the revenue impact is minimal, noting DraftKings saw no material change in handle after removing credit cards.
- Several U.S. states already ban credit card deposits for online betting, and new bills are active in Colorado, New Jersey, and New York.
Caesars Entertainment has officially stopped accepting credit card deposits across its U.S. online gambling brands. The change covers Caesars Sportsbook, Caesars Palace Online Casino, Horseshoe Online Casino, and WSOP Online.
Credit cards are still accepted on Caesars platforms in Puerto Rico and Canada.
The decision makes Caesars one of the last major U.S. sports betting and iGaming operators to drop the payment method. The move follows a broader industry pattern that has unfolded over the past year.
DraftKings removed credit card deposits in August 2025. FanDuel followed on March 2, saying the change was meant to improve the deposit experience.
Other Major Operators Have Already Made the Switch
BetMGM began its own phased rollout starting March 31. bet365 eliminated credit cards on April 13.
Fanatics has never accepted credit cards since launching its sportsbook.
A handful of operators still accept credit cards in some markets. These include BetRivers, Hard Rock Bet, theScore, Hollywood Casino, and Bally’s.
Caesars customers can still fund their accounts through several other methods. These include debit cards, ACH/eCheck, PayPal, Venmo, Apple Pay, and prepaid Play+ cards.
Cash deposits at retail locations are also available where supported.
The trend reflects both operator-led responsible gambling efforts and growing regulatory pressure at the state level.
Several states already prohibit credit card deposits for online betting. These include Iowa, Massachusetts, New Hampshire, Oregon, Rhode Island, Tennessee, and Vermont.
Virginia enacted its own ban earlier this year. Bills targeting credit card deposits are also active in Colorado, New Jersey, and New York.
Analysts Say Revenue Impact Will Be Minimal
While dropping credit cards might seem like it could hurt revenue, analysts say the financial effect is expected to be small.
Jordan Bender, an equity research analyst at Citizens JMP Securities, told Gambling Insider that the overall impact should be “minimal.” He pointed out that DraftKings’ handle “was not materially different in the months following the implementation.”
Bender described the change as “more as a headline rather than a real impact on the business.”
Macquarie Capital analyst Sam Ghafir shared a similar view. He said, “We think the impact will be quite small, particularly in the long run.”
Ghafir estimates credit cards account for roughly 10% to 20% of U.S. gambling account deposits. He noted that credit card users tend to skew toward new users and casual bettors.
There could be a modest short-term impact over a three-to-six-month period as some users deal with onboarding friction, but Ghafir said this should normalize.
The shift may also save operators money. Credit cards carry higher processing fees compared to alternative payment methods.
Ghafir added that removing credit cards can “reduce future policy risk” and improve ESG positioning for operators.
Operators that still accept credit cards in some markets include BetRivers, Hard Rock Bet, theScore, Hollywood Casino, and Bally’s.
