In July, the Massachusetts Gaming Commission (MGC) fined DraftKings $450,000 for allowing bettors to use funds deposited by credit cards in other states. Thursday, DraftKings announced that it is banning credit card deposits nationwide to its sports betting and online casino platform, effective Monday.
DraftKings will join Fanatics Betting & Gaming, Betr, and Sporttrade as wagering companies that do not allow credit card deposits. At least nine legal U.S. sports betting jurisdictions prohibit funding accounts via credit cards, including five of the six New England states. In addition, some banks, including Bank of America, do not allow patrons to use cards to fund accounts.
When the MGC fined DraftKings last month, it was the biggest fine to an operator since the Professional and Amateur Sports Protection Act was overturned in May 2018.
