You could soon digitally place cash bets on arcade games at Dave and Buster's. 

The arcade giant announced this week it's taking its games to a new level by offering social wagering on its app. While the exact details are still unknown, Dave and Buster's is teaming up with a software company for customers to make some money while playing arcade games. 

For a closer look, KCBS Radio's Bret Burkhart and Patti Reising spoke with James Whelan, Director of the Institute for Gambling Education and Research at the University of Memphis.