Dave and Buster's Introduces Wagering Feature on Arcade Games
Arcade, sports bar and restaurant Dave and Buster's will allow guests to place wagers on its games, like Skee-Ball through its app.
The entertainment chain on Tuesday announced a partnership with Lucra, which makes gamification software, to bring the betting feature to Dave and Buster's guests.
The chain's five million loyalty members can compete with other arcade users to earn rewards and what it described as "exclusive perks."
The technology will be available at all 223 Dave and Buster's locations across the U.S., meaning friends can bet against one another on who will sink the most baskets playing Hot Shots, for example.
"We're thrilled to work with Lucra to bring this exciting new gaming platform to our customers," Simon Murray, senior vice president of entertainment and attractions at Dave and Buster's said in a statement Tuesday. "This new partnership gives our loyalty members real-time, unrivaled gaming experiences, and reinforces our commitment to continuing to elevate our customer experience through innovative, cutting-edge technology."
Neither Dave & Buster's nor Lucra immediately replied to CBS MoneyWatch's request for comment on how much guests can wager at a time.
The Rise of Social Betting Platforms
In recent years, the world of professional sports betting has experienced exponential growth, evolving into a multibillion-dollar industry. Alongside traditional betting avenues, social betting platforms have emerged, allowing individuals to wager with virtual currencies. While these platforms offer a new and engaging way to participate in betting, critics have raised concerns about their potential to cultivate unhealthy habits, particularly among young people. Some fear that these platforms may contribute to the development of gambling problems, posing a significant risk to vulnerable individuals.