TVG customers who use deposits with credit and debit cards have not been able to do so since at least February 7, when FanDuel Racing announced that the deposits were unavailable due to “an issue with a third party.” TVG is owned by FanDuel Group, a subsidiary of Irish bookmaker Flutter Entertainment, and was acquired in a merger with Betfair in 2018.
Although the television channel formerly known as TVG has since been renamed FanDuel Racing, the online website still bears the original name. Additionally, FanDuel owns a separate horse racing betting website called FanDuel Racing. When the outage was announced on February 7, the social media post recommended using FanDuel Racing as an alternative for affected TVG customers.
A Feb. 11 Associated Press article reported that FanDuel Sportsbook, home of the sports betting company, would halt credit card deposits starting March 2. Competitor DraftKings Sportsbook made a similar move last August. Sports gamblers who use credit cards for deposits are responsible for fees, leading many to use alternative methods.
“Over the past several months, FanDuel has evaluated the payment methods we offer to customers and made the decision to remove credit cards as an option for our Sportsbook, casino and racing product in the United States,” the sportsbook was quoted in the Associated Press. “This change has been made to improve the deposit experience for our customers.”
It is unclear if this change addressed TVG’s third-party issue, or if the change will be implemented for TVG customers on March 2. FanDuel Racing declined BloodHorse’s request for further comment.
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