Why It's So Weird That Dave & Buster's Is Getting Into Sports Betting [Yahoo! Finance]
Dave & Buster's Entertainment, Inc. (PLAY)
Last dave & buster's entertainment, inc. earnings: 4/2 04:33 pm
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Source: Yahoo! Finance
Dave & Buster's will soon introduce a wagering component to its arcade games, according to an announcement on Tuesday by Lucra, the gamification company working with the chain. The press release is a little bit thick, but the arcade and sports-watching empire's new gaming partner says that D&B will allow customers to “digitally compete with each other, earn rewards, and unlock exclusive perks.” For now, that means players will be able to bet against each other, not Dave & Buster's itself, Lucra's chief operating officer, Michael Madding, told me. Does that mean that Dave & Buster's is opening a casino for kids? No, not exactly. It is exposing young people to betting in a much more innovative way. Lucra says its “approach will help to destigmatize cash-based competition by evolving it into a fun, friendly, and social experience.” Dave & Buster's will now play a role in developing the cash-based competitors of tomorrow. Some would say the correct word is “gamblers,” though Lucra emph
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