Not being a sports-betting person, I wasn't tracking this:
On February 11, 2026, FanDuel announced it would eliminate credit card deposits across its entire US sportsbook, casino, and racing platform, effective March 2. The move follows DraftKings, which banned credit card deposits in August 2025. Together, these two operators control more than 72% of the US online sports betting market.
I was curious how big a market credit cards command in online payments in general. Here's a chart I found:
I actually figured credit card payments were a greater portion of online payments. 31% is surprisingly low.
Back to the Voltage article:
Credit cards, for all their cost problems, did one thing exceptionally well: they made deposits feel instant. A player could fund a bet in seconds, ride the momentum of a live game, and stay engaged. That speed was not a feature. It was the product.
The rest of the article makes a great case for why lightning is a good solution for sports betting platforms. I have to admit, though, I don't understand why Voltage is making the case on X -- isn't this the kind of thing you need to do in a restaurant with a sports betting executive?
Anyhow, I'd love to see lightning pick up usage. I think they still have the final mile problem that seems to be the reason that lightning and bitcoin in general haven't completely eaten the remittances market: while people might be happy to withdraw lightning, such customers probably want money they can spend immediately and there just aren't very many merchants who accept lightning...
MyBookie.ag accepts bitcoin deposits but on chain only
https://twiiit.com/voltage_cloud/status/2022390239336271913