Record £105M horserace levy from BGC
According to newly released data, members of the Betting and Gaming Council have contributed a record £105 million in levies to the Horserace Betting Levy Board last year.
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Dave & Buster’s faces backlash over new betting feature
Controversy surrounds Dave & Buster’s new betting option on its mobile app that lets users wager on several arcade games including Skee-Ball and Hot Shots basketball. Game on or game over?
This project was started in partnership with Lucra Sports with the goal of giving customers a more engaging and dynamic entertainment experience. However, due to questions regarding its suitability in a family-friendly setting, this new betting function has sparked controversy and drawn attention from lawmakers and industry experts.
Legislators have expressed serious worries about the possibility of exposing minors and problem gamblers to gambling in an environment that is typically thought of as secure and family-friendly. In response to these worries, Illinois State Representative Daniel Didech has put forth a bill that has bipartisan support in an attempt to outlaw gambling in family-friendly entertainment venues like Dave & Buster’s. Rep. Didech underlined that these establishments lack the necessary security measures to shield vulnerable populations from the negative effects of gaming.
The Ohio Gaming Control Board has hinted that state laws pertaining to gambling and the facilitation of illicit prizes may be broken by Dave & Buster’s betting function, which is further contributing to the legislative backlash. This emphasizes the regulatory difficulties of incorporating gaming elements into settings that aren’t typically connected to gambling.
In spite of the controversy, Dave & Buster’s wants to get into the big gambling business, which has grown significantly in the US due in large part to the rising popularity of sports betting. The corporation views this as a chance to improve the entertainment value it provides to its customers, which will raise consumer engagement and drive revenue growth.
Lucra Sports, Dave & Buster’s business partner, has countered that it has put in place standards regarding responsible gambling. The startup also emphasizes how peer-to-peer interactions form the foundation of its betting system, which they hope will calm some legal worries. There are still questions, though, regarding how this feature would affect younger audiences and how well gambling laws are followed generally.
BOS challenges Sweden’s credit card gambling ban
The Swedish Trade Association for Online Gambling (BOS) released a statement discussing the proposed credit gambling ban that is gaining momentum among lawmakers and was also...
