CFPB expands oversight of digital payments services including Apple Pay and Cash App
Dave & Buster’s, a popular entertainment and restaurant company, recently announced plans to allow betting on its arcade games. The plan, which is still in its early stages, has already drawn significant scrutiny and criticism.
Critics argue that allowing betting on arcade games could lead to a rise in problem gambling, particularly among younger people who frequent Dave & Buster’s. Critics also point out that it could lead to an increase in disputes and conflicts among customers over game outcomes.
Others, however, believe that the plan could generate additional revenue for Dave & Buster’s, particularly at a time when many traditional forms of entertainment are struggling financially. Some also argue that the proposed betting system could add an extra level of excitement to the arcade games and let them appeal to a broader demographic.
Despite the controversy, Dave & Buster’s has stressed that they will take all necessary precautions to prevent issues of addiction and that they are working closely with legal and regulatory authorities to ensure that the proposed betting system complies with all relevant laws and regulations. A timeline for the implementation of this plan is still uncertain.