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NEWS 24 January 2018

Scientific Games completes Tech Art acquisition

By Robert Simmons
Scientific Games Corporation today completed the acquisition of Tech Art, supplier of hole-card readers for blackjack, bringing to an end an acquisition deal which was first announced in October.

Tech Art, formed in 1989, is the largest provider of blackjack hole-card readers around the world with a dominant market share in a field that they created with the invention of the MAXTime device, a system used by casinos to improve dealer security in blackjack games. The firm also has a number of table games including Super Fun 21 and Bet the Bust.

In a statement announcing the completion of the deal, Scientific Games' Group Chief Executive, Gaming Derik Mooberry said: "We are excited to welcome Tech Art into the Scientific Games family.

“This acquisition is yet another example of our continued investment in solutions that help the Company better partner with our casino customers and offer the broadest portfolio of innovative products in the industry."

RELATED TAGS: Land-Based | Industry | Marketing | Mergers & Acquisitions | Casino
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