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Colorado bans sportsbooks from accepting credit card deposits

Colorado has barred bookmakers from taking deposits made with credit cards. For high-risk PSPs and acquirers, that is a straightforward underwriting signal: state-level restrictions can change what looks like a normal card flow into a prohibited one overnight.

  1. The ban applies to sportsbooks in Colorado, where credit card deposits are now off the table. If a sportsbook is processing in that state, the payment stack has to reflect the rule at the point of deposit, not after the fact.
  2. For PSPs and acquiring teams, the practical issue is transaction filtering. Merchant category, jurisdiction, and funding source all matter, and this one is simple enough on paper: no credit card-funded deposits for betting in Colorado.
  3. This kind of restriction matters because sportsbooks tend to run mixed payment setups across states. A rule like this can force routing changes, BIN checks, and clearer deposit logic so a card that is acceptable elsewhere does not slip through in Colorado.

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