Caesars Entertainment Ends Credit Card Deposits Across U.S. Platforms Amid Industry-Wide Shift

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Caesars Entertainment has officially announced the end of credit card deposits across its entire suite of U.S. online gambling brands.

This strategic move aligns the company with a broader industry trend toward alternative payment methods and heightened responsible gambling standards.

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Comprehensive U.S. Rollout

The new policy is effective immediately for Caesars Sportsbook, Caesars Palace Online Casino, Horseshoe Online Casino, and WSOP Online within the United States. While the ban is absolute for U.S. platforms, operations in Canada and Puerto Rico will continue to support credit card transactions for the time being.

To fund their accounts, U.S. customers can still utilize:

Debit Cards and Prepaid Play+ Cards.
Digital Wallets: PayPal, Venmo, and Apple Pay.
Direct Transfers: ACH/eCheck.
Cash Deposits: Available at designated retail locations.

An Accelerating Regulatory Trend

With the end of credit cards, Caesars joins a list of major US operators that have recently exited the credit card space. DraftKings phased out the option in August 2025, followed by FanDuel in March 2026 and bet365 in April 2026. Fanatics has famously never accepted credit cards since its inception.

The shift is further reinforced by state-level legislation. Jurisdictions such as Massachusetts, Tennessee, and Virginia already prohibit credit card deposits for online wagering, with active bills currently being considered in New Jersey and New York.

Analysts Project Minimal Financial Impact

Despite the removal of a popular payment method, analysts believe the long-term impact on revenue will be negligible. Jordan Bender, an equity research analyst at Citizens JMP Securities, noted that similar changes at DraftKings did not materially affect betting handle.

Sam Ghafir of Macquarie Capital estimates that credit cards account for 10% to 20% of U.S. deposits. He suggested that while short-term friction may occur as users transition to new onboarding methods, the move will eventually benefit operators by reducing high processing fees and lowering future policy risks.

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