Fairmount Park Casino & Racing

Fairmount Park Casino & Racing

Overview

About Fairmount Park Casino & Racing

Simplify's Rating
Why Fairmount Park Casino & Racing is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Entertainment

Gaming

Company Size

11-50

Company Stage

Acquired

Total Funding

$35M

Headquarters

Collinsville, Illinois

Founded

1925

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Simplify's Take

What believers are saying

  • May 15, 2026 brought live blackjack, baccarat, roulette, and 35 new jobs.
  • Accel invested nearly $3 million, signaling continued capital behind Fairmount's 2026 growth.
  • Racing season runs through October 27, with 57 race days and higher-purse economics.

What critics are saying

  • Hawthorne's May 27, 2026 subpoenas pull Fairmount into funding litigation discovery.
  • The 2025 opening lacked live tables; premium-casino positioning stayed incomplete until May 2026.
  • Racing still depends on Illinois purses and regional horse supply; weak field sizes hurt demand.

What makes Fairmount Park Casino & Racing unique

  • Illinois' only racino pairs live racing with casino gaming in Collinsville.
  • Accel's 2025 acquisition and 2026 reinvestment create a rare local casino reset.
  • St. Louis metro proximity targets five-hour-radius visitors with year-round casino and racing access.

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Funding

Total Funding

$35M

Above

Industry Average

Funded Over

1 Rounds

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

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Company Match

Flexible Work Hours

Company News

MarketScreener
May 15th, 2026
Fairmount Park invests $3M in live table games and hires 35 employees at Illinois racino

Fairmount Park Casino & Racing has invested nearly $3 million and hired 35 new employees to introduce live table games to its casino floor. Illinois' only racino, which combines live horse racing and casino gaming, previously featured only electronic table games and slot machines following a 2025 remodel. The new additions include blackjack, poker, mini baccarat and roulette tables, aiming to deliver a more authentic casino experience. General Manager Vince Gabbert said the expansion supports the facility's goal of becoming a destination for locals and tourists within a five to six-hour radius. Casino revenue supports larger purses for horse races, attracting more trainers and horses to compete at Fairmount Park. The facility is currently in racing season through 27 October.

The Business Journals
May 15th, 2026
Fairmount Park adds live table games in $3M expansion, bringing 35 jobs to Metro East racino.

Fairmount Park adds live table games in $3M expansion, bringing 35 jobs to Metro East racino. By Gloria Lloyd - Reporter, St. Louis Business Journal May 15, 2026 Preview this article 1 min The additions build on the 2025 debut of the casino, which initially featured only electronic games. General Manager Vince Gabbert said live games were a key goal for the property. Don't Stop Here - Continue Reading For $1 Per Week Secure 4 weeks of award-winning news and trusted insights Subscribe for only $4

Yogonet
Apr 18th, 2025
Accel launches first Illinois casino at Fairmount Park Racetrack, ahead of centennial racing season

In addition to gaming and racing, Fairmount Park is expanding its hospitality offerings through a new partnership with the Fifty/50 Hospitality Group, a nationally recognized brand.

Business Wire
Jul 16th, 2024
Accel Entertainment to acquire Fairmount Holdings, owner of FanDuel Sportsbook & Horse Racing in Collinsville, Illinois, broadening Accel’s reach in the local gaming market

Accel Entertainment, Inc. (NYSE: ACEL) and Fairmount Holdings, Inc. today announced that the companies have entered into an agreement for Accel to acq

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