There are two very different questions here.
1. Is Bally Playboy a wise business decision for OP?
Based on how you describe your customers and your business positioning, it doesn't seem like it's worth any potential hassle. There is virtually no upside to putting Playboy in at this location and potentially a lot of downside. Regardless of question 2, concerned mothers are not going to walk over to the Playboy machine and look for offensive stuff. They'll just keep their kids out of there
As stated above, there are hundreds of other choices that won't cause problems for you.
2. Do people think that the Bally Playboy is actually OK for kids? This question is irrelevant to the OP.