February 11, 2026

Following Push from Warren Oversight, Majority of Sports Gambling Market Will Restrict Credit Card Companies From Ripping Off Americans

Washington, D.C. – Today, U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, issued the following statement after Fanduel announced that it would join DraftKings by no longer accepting credit cards on sports bets, following her oversight last week into the junk fees that credit card companies are charging Americans when they place bets:

“FanDuel's announcement means credit card companies will no longer be allowed to scam Americans with junk fees in the majority of the sports betting market. These are fees that can cost people as much as $10 to fund just a $20 bet. The rest of the industry should follow suit."

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