American land-based and online gaming behemoth Scientific Games Corporation has announced the signing of a definitive agreement that will it purchase the PlayOn cashless table games solution from Automated Cashless Systems (ACS) Incorporated.
The Las Vegas-headquartered firm used an official Tuesday press release to declare that the arrangement for an undisclosed amount is destined to give it a product line that ‘conveniently provides players with a seamless debit solution at live table games’. The company also disclosed that the acquired innovation is to soon be rechristened under the Access To On-Demand Money (ATOM) moniker to augment its existing suite of cashless products such as its mobile-friendly Unified Wallet funding transfer advance.
Rob Bone serves as the Global Systems and Tables Senior Vice-President for Scientific Games Corporation and he used the press release to divulge that the PlayOn solution is already utilized on approximately 600 table games at more than 20 sites spread across the western American states of New Mexico, California and Nevada. The executive moreover explained that the pioneering technology ‘lets players access funds at live table games without having to leave their seats’ via the simple swipe of a debit card and the subsequent entering of a personal identification number.
Read a statement from Bone…
“We are thrilled to add the ATOM product to our portfolio of convenient cashless solutions. This addition will allow us to provide operators and their players with a seamless, safe and secure way to instantly access money right at the gaming position and we look forward to being able to offer this invaluable product to our customers across the globe.”
Scientific Games Corporation went on to pronounce that table games aficionados are able to utilize the PlayOn advance without having to pay ‘back-end or out-of-network transaction fees’ while operators are provided with real-time ‘financial data’ on all associated transactions. The firm asserted that the innovation additionally offers ‘easy-to-implement internal management and accounting systems’ that are secure, certified and compliant with the Payment Card Industry Data Security Standard.
The Nevada company professed that it has been a ‘worldwide leader in developing innovative table games content, shufflers and digital solutions’ for the last 30 years and that the acquisition will give it ‘an immediate leadership position in cashless applications for table games.’ It finished by affirming that having the PlayOn solution in its portfolio should ‘amplify the power of these games and utility products’ such as its Ultimate Texas Hold‘Em and the i-Deal Plus ‘by creating a player experience that’s fast and fun and friction-free.’