Date: March 10, 2026
Category: Payment Policy & Regulation
Summary:
In a significant policy shift that took effect on March 2, 2026, FanDuel has officially stopped accepting U.S. credit card deposits across its sportsbook, casino, and racing platforms. The change, which comes just before the high-stakes NCAA “March Madness” tournament, means users can no longer fund wagers using credit cards connected through Venmo, PayPal, or Apple Pay. Instead, the operator now requires bettors to use debit cards or direct bank account connections. The move is seen as a response to regulatory pressure and concerns over “cash advance” fees that credit card companies charge for gambling transactions, which can add a 50% or higher cost to a bet. FanDuel joins DraftKings, which implemented a similar ban in August 2025, in an industry-wide trend towards eliminating credit-based betting to promote responsible gambling and avoid regulatory fines related to illegal funding methods .
Key Insight:
- Consumer Impact: This policy aims to prevent bettors from accumulating high-interest debt by forcing them to wager only with funds they currently have, rather than borrowing against future income.
