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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