What happened Shares of Scientific Games (NASDAQ: SGMS) were down 4.6% heading into noontime trading Thursday after the casino and gaming-services leader offered to buy the rest of SciPlay (NASDAQ: SCPL) that it didn't already own. Not surprisingly, SciPlay's stock was soaring on the news, rising 12% in morning trading. Image source: Getty Images. So what Scientific Games already owns 81% of the economic interest in SciPlay and 98% of its voting power; it says the all-stock deal would give the two companies a pro forma market cap of $7 billion. Scientific Games made the offer to SciPlay's board members, who now must decide whether to accept the bid. SciPlay would become a wholly owned subsidiary of Scientific Games if they agreed. Now what The acquisition attempt is in line with Scientific Games' effort to increase its focus on digital gaming markets. It recently announced it intended to divest its lottery and sports-betting businesses. SciPlay is a developer and publisher of digital games for mobile and web platforms, offering casino games like Jackpot Party Casino and Quick Hit Slots, and internet games such as Monopoly Slots and Bingo Showdown. Mobile gaming is becoming an especially robust component of leisure time activity, and the two companies can form a more formidable and unified front to the competition. 10 stocks we like better than SciPlay CorporationWhen our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and SciPlay Corporation wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 7, 2021 Rich Duprey has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source