Accel Entertainment

Accel Entertainment

Installs, maintains VGTs with revenue sharing

Overview

Accel Entertainment provides video gaming terminals (VGTs) to liquor-licensed venues, fraternal and veterans organizations, and truck stops, earning a share of the gaming revenue. It installs and maintains the VGTs in partner locations and offers ongoing customer support and compliance guidance to meet state rules. The company distinguishes itself through long-standing licensing (one of the first Illinois Terminal Operators in 2012), strong relationships with partners, and a focus on compliance across multiple states including Illinois, Montana, Nevada, Nebraska, and Pennsylvania. Its business model centers on revenue sharing rather than selling machines outright, aligning Accel’s success with the performance of its partner locations. Accel’s goal is to expand its presence in legalized gaming markets by helping partners grow revenue while maintaining high-quality, compliant gaming experiences.

About Accel Entertainment

Simplify's Rating
Why Accel Entertainment is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Entertainment

Gaming

Company Size

201-500

Company Stage

IPO

Headquarters

Bolingbrook, Illinois

Founded

2009

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Simplify's Take

What believers are saying

  • Dynasty Games acquisition adds 123 Nevada terminals, accretive to 2026 results.
  • Chicago VGT legalization enables expansion using local regulatory expertise.
  • $900M credit facility refinances debt, funding Fairmount Park $120-130M racino.

What critics are saying

  • Fairmount Park overruns consume 75% of $159M 2024 EBITDA in 12-24 months.
  • Dynasty pending approvals revoke 2-3% terminals, forcing write-downs in 6-12 months.
  • Chicago saturation compresses revenues 20-40% via price wars in 12-18 months.

What makes Accel Entertainment unique

  • Accel pioneered Illinois VGT licensing in 2012 from Illinois Gaming Board.
  • Largest U.S. VGT operator with 2,300+ Illinois locations and superior customer service.
  • Expert compliance via in-house attorneys and 15 years Chicago experience.

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Funding

Total Funding

$906M

Above

Industry Average

Funded Over

3 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Vision Insurance

Dental Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Paid Vacation

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Hybrid Work Options

Mental Health Support

Legal Services

Stock Price

Company News

InterGame Ltd
Dec 3rd, 2025
Accel Entertainment acquires Dynasty Games assets

Accel Entertainment acquires Dynasty Games assets. The deal, facilitated through Accel's Century Gaming Technologies subsidiary, adds around 123 electronic gaming terminals to the company's portfolio of 2,757 in the state. Accel will also expand its Northern Nevada presence with 20 new active locations in Gardnerville, Verdi, Dayton, Fernley, Stagecoach, and Sun Valley, adding to the 370 locations it already works with in the state. Two additional locations are pending regulatory approval. Accel said its data analytics and Gamblers Bonus Loyalty Program will be used alongside the Dynasty Games assets to "enhance customer engagement and drive incremental growth over the coming years." The company said the deal will be accretive to its 2026 financial results but did not disclose the valuation of the acquisition. "Combined with our existing footprint in Reno, Sparks, Carson City, Elko, Wells, Spring Creek and Carlin, Accel now operates the most comprehensive and scaled route coverage in the state - a competitive advantage that is expected to drive continued growth and new location development," said Accel Entertainment CEO Andy Rubenstein. "After more than 30 years serving Northern Nevada's gaming community, it was important to find a partner who values relationships and integrity as much as results," said Roger Fuller, the owner of Dynasty Games. "Century Gaming Technologies has earned a strong reputation through its emphasis on customer care, and I'm excited to see our locations and customers benefit from Accel's experience and dedication to the local market." Accel Entertainment has bolstered its land-based gambling presence in Nevada, US, with the acquisition of the route operation assets of Dynasty Games. Donors to the ICE Barcelona '25 Sustainable Gambling Zone are backing a Catalonian educational initiative to help prevent behavioural addiction and digital dependency in adolescents. Great Britain's Gambling Commission has handed Done Brothers (Cash Betting), trading as Betfred, a fine of £825,000.

StreetInsider
Sep 12th, 2025
ACEL closes $900 million credit facility to refinance debt

Accel Entertainment Inc. (NYSE: ACEL) closed a $900 million senior secured credit facility to refinance existing debt, the company announced. The facility includes a $300 million revolving...

Sanouw Lawla
Jun 24th, 2025
Strong start for Accel's Fairmount Park Casino and Racing

As well as acquiring the racetrack, Accel has planned investment of between $85m and $95m on top of the $35m deal to fund temporary and then permanent casino facilities and "modest track investments."

s36mybonus.ink
May 16th, 2025
[mba66 Seberang Perai] Strong start for Accel's Fairmount Park Casino and Racing

As well as acquiring the racetrack, Accel has planned investment of between $85m and $95m on top of the $35m deal to fund temporary and then permanent casino facilities and "modest track investments."

Helpslotwin
Apr 11th, 2025
Casino news | Ex-Caesars, Pinnacle auditing chief joins Accel Entertainment board

Accel Entertainment has appointed Cheryl Kondra, who has previously led audit and compliance for Caesars Entertainment and Pinnacle Entertainment, to its board of directors.

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