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Dave & Buster’s to allow betting on its arcade games

May 1

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Heading to Dave and Buster’s with friends could soon earn you some money. The entertainment chain announced Tuesday, April 30, it will allow customers to wager on its arcade games. The company is partnering with gaming provider Lucra to create a betting feature in its app.

“We’re thrilled to work with Lucra to bring this exciting new gaming platform to our customers,” said Simon Murray, senior vice president of entertainment and attractions at Dave & Buster’s. “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.”

There will be a limit to the size of the bets, but exactly how much has not been disclosed.

Lucra and Dave & Buster’s announced they will set a limit on bet sizes, though they haven’t disclosed the specific cap yet. Historically, the average bet on Lucra has been $10. Founded in 2019 by Stanford Graduate School of Business classmates Dylan Robbins and Michael Madding, who both formerly worked at Goldman Sachs, Lucra is a software platform that enables users to compete in friendly competitions for real money.

“Lucra helps our partners drive user adoption, increase retention and engagement, and add new monetization streams to their business,” CEO Dylan Robbins said.

The betting function is expected to launch in the next few months.

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[Karah Rucker]

FINALLY THIS MORNING – HEADING TO DAVE AND BUSTERS WITH YOUR FRIENDS COULD SOON EARN YOU SOME MONEY.

THE ENTERTAINMENT CHAIN ANNOUNCED TUESDAY IT WILL ALLOW CUSTOMERS TO WAGER ON ITS ARCADE GAMES.

THE COMPANY IS PARTNERING WITH A GAMING PROVIDER TO CREATE A BETTING FEATURE IN ITS APP.

THERE WILL BE A LIMIT TO THE SIZE OF THE BETS – BUT EXACTLY HOW MUCH HAS NOT BEEN DISCLOSED.

THE BETTING FUNCTION IS EXPECTED TO LAUNCH IN THE NEXT FEW MONTHS.

THESE ARE YOUR TOP STORIES FOR THIS WEDNESDAY.

YOU CAN GET THE LATEST UNBIASED, STRAIGHT FACTS ANYTIME BY DOWNLOADING THE STRAIGHT ARROW NEWS MOBILE APP.

WE’LL SEE YOU BACK HERE TOMORROW.

UNTIL THEN I’M KARAH RUCKER. HAVE A GREAT DAY!