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Ohio proposes ban on credit card funding for sports betting accounts

A new rule could reshape Ohio's sports betting landscape—no more credit card deposits. Will this move curb problem gambling or just shift payment habits?

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The image shows a blue and white logo with the words "Gamblers vs 28" written on it, along with a few playing cards and a stick. The logo is likely associated with a gambling game, suggesting that the image is meant to represent the differences between the two sides of the game.

Ohio proposes ban on credit card funding for sports betting accounts

Ohio is moving to ban credit card funding for sports betting accounts. The Ohio Casino Control Commission has proposed a rule change to stop players from using credit cards for deposits. This follows a wider trend as major operators and several US states have already restricted such transactions.

The proposed amendment to Sports Gaming Rule 3775-16-03 aims to update the Ohio Administrative Code. Stakeholders now have until May 15 to submit feedback before formal filing begins. The shift away from credit card betting has been growing over the past year. Major operators like DraftKings, FanDuel, BetMGM, and bet365 have either phased out or begun removing credit card funding options. These companies point to industry changes, responsible gambling concerns, and the high costs of cash advance fees and interest rates as key reasons.

Several states have already taken similar steps. Iowa, Massachusetts, New Hampshire, Oregon, Rhode Island, Tennessee, Vermont, Illinois, and Virginia now limit credit card use for betting. Illinois Gaming Board administrator Marcus Fruchter has supported these restrictions, arguing they promote responsible gambling. Meanwhile, Massachusetts Senator Elizabeth Warren recently noted that around 80% of the sports gambling market no longer accepts credit card transactions.

Ohio’s proposal opens a direct comment window for operators, consumers, and other stakeholders. The Commission is urging all interested parties to review the changes before the May 15 deadline at 5 p.m. EST. After this period, the formal filing process will begin. If approved, the rule change would align Ohio with a growing number of states restricting credit card betting. Operators have already started moving away from this payment method, citing financial and ethical concerns. The final decision will follow stakeholder feedback and formal review.

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