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Scientific Games to expand table game portfolio

Scientific Games has entered into an agreement for the acquisition of Tech Art, a supplier of hole-card readers for blackjack.

Subject to customary conditions to closing, the transaction is expected to close in the first quarter of 2018. Terms of the transaction were not disclosed.

Tech Art will bring to Scientific Games its innovative MAXTime4H product, a combination of a blackjack hole-card reader and a chip tray, as well as the proprietary table games Super Fun 21 and Bet the Bust. There will be an opportunity to market Tech Art's MAXTime4H product internationally through Scientific Games' expansive distribution network, helping casinos across the world increase play speed and enhance the security of blackjack games.

“This planned acquisition is another example of Scientific Games' continued investment in solutions that help the company better partner with their casino customers and offer the broadest portfolio of innovative products in the industry,” said the company in a press release on Thursday.

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