Scientific Games Acquires Digital Content Studio Lightning Box For Undisclosed Sum

Scientific Games Corp SGMS has acquired Lightning Box, an Australia-based gaming content company, for an undisclosed sum.
Scientific Games expects the acquisition to support its growth strategy with a focus on digital markets.
Lightning Box creates feature-rich, land-based inspired games, that deliver experiences for online slot players worldwide.
"Lightning Box games are hugely popular with slots players around the world, and we're excited to welcome these talented game designers to our team," said SVP Gaming Dylan Slaney.
Scientific Games held $967 million in cash and equivalents as of March 31, 2021.
Price action: SGMS closed lower by 1.44% at $62.10 on Tuesday.