The MGM Resorts and Entain joint venture plans to no longer allow its customers to use credit cards to fund their accounts for online sports wagering and online casino gaming.
BetMGM will impose a credit card ban in markets where it is licensed to operate starting March 31. The nationwide ban on credit card funding will be deployed on a roll-out basis.
The new policy from BetMGM will prohibit the use of existing credit cards linked to player accounts for funding, as well as prevent the linking of new credit cards to accounts.
BetMGM first disclosed its plans to ban credit card funding during a regulatory hearing in Pennsylvania concerning several issues, including recent violations by the operator.
SBC Americas reached out to BetMGM for comment on the new policy.
BetMGM joins competitors with a ban on credit cards
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