Scientific Games To Acquire PlayOn Cashless Product Line

Scientific Games Corp SGMS has agreed to acquire ACS's cashless table game solution titled PlayOn for an undisclosed sum.
The PlayOn cashless product line provides players with a debit solution at live table games.
As a part of the Scientific Games portfolio, the ACS PlayOn product line will be called AToM (Access To On Demand Money).
The AToM solution is currently live on 600 table games in California, Nevada, and New Mexico. The AToM system is presently live at over 20 properties in North America.
Scientific Games held $983 million in cash and equivalents as of June 30, 2021.
Price Action: SGMS shares are trading lower by 5.44% at $78.02 on the last check Tuesday.

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