Caesars no longer accepts credit cards as a deposit method across all of its U.S. platforms, aligning with the broader industry shift.
Caesars Entertainment has stopped accepting credit card deposits across its U.S. online gambling brands, marking the latest major operator to move away from the payment method.
The change applies across Caesars Sportsbook, Caesars Palace Online Casino, Horseshoe Online Casino, and WSOP Online in the U.S., while Puerto Rico and Canada continue to support credit cards.
Customers can still fund accounts using debit cards, ACH/eCheck, PayPal, Venmo, Apple Pay, and prepaid Play+ cards, as well as cash deposits at retail locations where available.
Caesars Joins Industry-Wide Exit From Credit Cards
Caesars is one of the last big names in sports betting and iGaming to phase out credit cards.
DraftKings removed the payment method in August 2025. FanDuel followed on March 2, citing “to improve the deposit experience.”
BetMGM began a phased rollout starting March 31, while bet365 eliminated credit cards on April 13. Fanatics, meanwhile, has never accepted credit cards since launching its sportsbook.
Operators that still accept credit cards in some markets include BetRivers, Hard Rock Bet, theScore, Hollywood Casino, and Bally’s.
The trend reflects both operator-led responsible gambling measures and increasing regulatory scrutiny.
At the state level, several jurisdictions already prohibit credit card deposits for online betting, including Iowa, Massachusetts, New Hampshire, Oregon, Rhode Island, Tennessee, and Vermont. Virginia enacted a ban earlier this year, while bills are also active in Colorado, New Jersey, and New York.
Limited Revenue Impact From Credit Card Bans
While removing credit cards might seem to hit operators’ bottom line, analysts suggest the financial impact is likely minimal.
Jordan Bender, an equity research analyst at Citizens JMP Securities, told Gambling Insider that the overall effect should be “minimal.”
He noted that DraftKings’ handle “was not materially different in the months following the implementation.” He added the change was “more as a headline rather than a real impact on the business.”
Macquarie Capital analyst Sam Ghafir echoed that view, stating:
We think the impact will be quite small, particularly in the long run.”
He estimates that credit cards account for roughly 10% to 20% of U.S. gambling account deposits. Ghafir said that credit card users tend to “punch above their weight,” as they tend to skew toward new users and casual bettors.
Ghafir added there could be a modest short-term impact over a three-to-six-month period as some users face onboarding friction, but this should normalize.
The shift may also be financially beneficial for operators.
Credit cards carry higher processing fees, while alternative payment methods are cheaper and more reliable. Ghafir added that removing credit cards can “reduce future policy risk” and improve ESG positioning.
As a result, the transition appears driven more by compliance, cost efficiency, and responsible gambling considerations than by revenue concerns.
The post Caesars Becomes The Latest Operator To End Credit Card Deposits appeared first on Gambling Insider.
