Dave & Buster's to allow customers to bet on arcade games [FOX Business Network]
Dave & Buster's Entertainment, Inc. (PLAY)
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Source: FOX Business Network
The company is set to allow customers who are at least 18 years old to bet on arcade games in its app. Using Lucra Sports' real-money gamification software, Dave & Buster's loyalty members will be able "to digitally compete with each other, earn rewards, and unlock exclusive perks while competing with friends at Dave & Buster's," the company said in a statement Tuesday. Simon Murray, Dave & Buster's senior vice president of entertainment and attractions, said the partnership with Lucra "gives our loyalty members real-time, unrivaled gaming experiences." A representative for Lucra told NBC that there would be a limit placed on the bets, but didn't disclose what that would be. FOX Business reached out to Lucra for comment. This comes as legal sports betting hits record revenue for a third year in a row. According to the American Gaming Association (AGA), U.S. commercial gaming revenue reached an annual record of $66.5 billion in 2023. This surpassed the previous record of $
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Earnings
- 4/2/24 - Miss
PLAY
Sec Filings
- 5/8/24 - Form ARS
- 5/8/24 - Form DEFA14A
- 5/8/24 - Form DEF
- PLAY's page on the SEC website