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UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows

UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows

The British government is loosening its rules for brick-and-mortar betting businesses as online gambling grows. The U.K.’s Department for Culture, Media and Sport issued a report Thursday (May 16) that would allow for cashless payments on gaming machines in places like casinos, arcades and bingo halls, while introducing an age limit of 18 for these machines. The rules would allow establishments to...

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Dave & Buster’s Launches Arcade Betting as Wagers Gain Popularity

Dave & Buster’s Launches Arcade Betting as Wagers Gain Popularity

With the proliferation of betting apps bringing gambling into more parts of consumers’ lives, now even Skee-Ball is getting the Las Vegas treatment. Restaurant and entertainment center chain Dave & Buster’s has partnered with gaming technology firm Lucra to add “gamification software” to its app for loyalty program members. “This new partnership gives our loyalty...

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DraftKings Isn’t Gambling on Its Innovation-Fueled Customer Acquisition Strategy

DraftKings Isn’t Gambling on Its Innovation-Fueled Customer Acquisition Strategy

When it comes to gambling, over a long enough time frame, the house always wins. And that appears to be the case with daily fantasy sports contest and sports betting company DraftKings, which on Friday (May 3) reported that its revenue had grown 53% year-over-year in the first quarter of 2024. “DraftKings’ performance in the first quarter of...