The term 'TOUTS' Hangouts' refers to places where ticket scalpers, or TOUTS, congregate in order to sell tickets for events. The crossword solution for this term is RAILS, which is an acronym for 'Regional Advancement of Independent Livestock Sales'. This organization was founded in the early 1900s and is dedicated to providing a safe and secure environment for livestock sales. It also serves as a place for TOUTS to meet and exchange tickets for events.