3 ms·

Kids aren't allowed to play real world slot machines either, are they?

qball 4y ago
The last time I went to Dave & Busters, they didn't seem to have an entrance policy. People don't seem to have a problem with this even though a minority of their games are ultimately slot machines (the simplest of which is the "time the light" game, but the coin stackers count as this as well given that they're literally right out of real casinos). Interestingly, the fact that D&B lets you combine winnings with cash to simply buy prizes outright arguably puts them under the 'gambling' line from a legal standpoint (it works if the tokens have "no value", which is how arcades generally do it for this specific reason- combining points with your leftover cash makes this fig leaf vanish), but the fact that they let you do that in the first place is also a pro-consumer move.
- Beldin 4y ago
  > if the tokens have "no value", But if you can exchange tokens for prizes, clearly the tokens do have value. 1 token = piece of bubble gum, 10 tokens = keychain, 5000 tokens = fluffy unicorn. Etc. Basically, I don't see why the fig leaf would work in the first place...
  - phamilton 4y ago
    Somewhat related, I once had a job offer at an early startup and wanted to adjust the equity/salary ratio a bit. I asked "How much more equity could I get per $1k drop in salary?" The founder liked that framing but when he went to go get legal to approve they shut it down saying that putting a direct dollar amount on equity would throw a huge wrench into 409a valuations. So while things have value, anchoring that value to a dollar amount is a different story.
- dehrmann 4y ago
  > The last time I went to Dave & Busters, they didn't seem to have an entrance policy. Nit: > Must be 18 or over to enter the premises. Persons under the age of 18 may only enter the premises with a guardian who is at least 25 years of age. Each guardian may bring no more than 6 underage persons into the premises. https://www.daveandbusters.com/locations/daly-city https://www.daveandbusters.com/locations/daly-city

The last time I went to Dave & Busters, they didn't seem to have an entrance policy. People don't seem to have a problem with this even though a minority of their games are ultimately slot machines (the simplest of which is the "time the light" game, but the coin stackers count as this as well given that they're literally right out of real casinos). Interestingly, the fact that D&B lets you combine winnings with cash to simply buy prizes outright arguably puts them under the 'gambling' line from a legal standpoint (it works if the tokens have "no value", which is how arcades generally do it for this specific reason- combining points with your leftover cash makes this fig leaf vanish), but the fact that they let you do that in the first place is also a pro-consumer move.

Beldin 4y ago
> if the tokens have "no value", But if you can exchange tokens for prizes, clearly the tokens do have value. 1 token = piece of bubble gum, 10 tokens = keychain, 5000 tokens = fluffy unicorn. Etc. Basically, I don't see why the fig leaf would work in the first place...
- phamilton 4y ago
  Somewhat related, I once had a job offer at an early startup and wanted to adjust the equity/salary ratio a bit. I asked "How much more equity could I get per $1k drop in salary?" The founder liked that framing but when he went to go get legal to approve they shut it down saying that putting a direct dollar amount on equity would throw a huge wrench into 409a valuations. So while things have value, anchoring that value to a dollar amount is a different story.
dehrmann 4y ago
> The last time I went to Dave & Busters, they didn't seem to have an entrance policy. Nit: > Must be 18 or over to enter the premises. Persons under the age of 18 may only enter the premises with a guardian who is at least 25 years of age. Each guardian may bring no more than 6 underage persons into the premises. https://www.daveandbusters.com/locations/daly-city https://www.daveandbusters.com/locations/daly-city