Benzinga | Aug 4, 2021 06:03AM EDT

Scientific Games Acquires Digital Content Studio Lightning Box For Undisclosed Sum

* Scientific Games Corp (NASDAQ:SGMS) has acquired Lightning Box, an Australia-based gaming content company, for an undisclosed sum.

* Scientific Games expects the acquisition to support its growth strategy with a focus on digital markets.

* Lightning Box creates feature-rich, land-based inspired games, that deliver experiences for online slot players worldwide.

* "Lightning Box games are hugely popular with slots players around the world, and we're excited to welcome these talented game designers to our team," said SVP Gaming Dylan Slaney.

* Scientific Games held $967 million in cash and equivalents as of March 31, 2021.

* Price action: SGMS closed lower by 1.44% at $62.10 on Tuesday.