Accel Entertainment Inc Stock Price, News & Analysis

Accel Entertainment (NYSE: ACEL), a leading locals-focused gaming operator, has appointed Brett Summerer as Chief Financial Officer, effective September 22, 2025. Summerer brings over 25 years of experience in senior finance, operations, and IT roles across various companies.

Summerer will oversee all financial aspects including reporting, audit, compliance, investor relations, and treasury functions. He previously served as CFO at Verano Holdings, where he built a 70-person Finance and IT team and completed over 20 M&A transactions. He succeeds Mark Phelan, who served as acting CFO while maintaining his role as President, U.S. Gaming.

Accel Entertainment (NYSE: ACEL), a leading U.S. terminal operator and gaming provider, has secured a new $900 million senior secured credit facility. The facility includes a $300 million Revolving Credit Facility and a $600 million Term Loan, both with five-year terms.

The new financing replaces Accel's existing senior secured credit agreement and aims to enhance liquidity while reducing capital costs. CEO Andy Rubenstein indicated the facility will support investments in distributed gaming operations, Fairmount Park Casino & Racing, and growth opportunities. CIBC Bank USA led the syndicated facility as Administrative Agent and Lead Arranger, with participation from several major banks.

Accel Entertainment (NYSE:ACEL) reported record Q2 2025 financial results, with revenues reaching $335.9 million, up 8.6% year-over-year. The company expanded its presence to 4,427 locations and 27,388 gaming terminals, representing increases of 3.1% and 3.4% respectively compared to Q2 2024.

While achieving record quarterly Adjusted EBITDA of $53.2 million (up 7.1% YoY), net income decreased 50.2% to $7.3 million, primarily due to losses on contingent earnout shares. The company maintained strong performance in core markets (Illinois and Montana) while seeing improved profitability in developing markets (Nebraska, Georgia, Nevada). Notable developments include the launch of Fairmount Park Casino & Racing operations in April 2025 and continued integration of Toucan Gaming in Louisiana.

Accel Entertainment (NYSE:ACEL), a leading provider of locals-focused gaming services, has scheduled its Q2 2025 earnings release for August 5, 2025, after market close.

The company will host a conference call and webcast at 5:30 PM ET / 4:30 PM CT on the same day. CEO and President Andrew Rubenstein, along with senior management, will discuss quarterly results and conduct a Q&A session. Participants can access the webcast by pre-registering through the provided link, which will be available on Accel's investor relations website.

Accel Entertainment (NYSE: ACEL) reported strong Q1 2025 financial results, achieving record quarterly revenue of $323.9 million, up 7.3% year-over-year. The company's net income surged 97% to $14.6 million, while Adjusted EBITDA increased 7.1% to $49.5 million. Operational metrics showed growth with 4,391 locations (+2.9%) and 27,180 gaming terminals (+4.4%). The company expanded its presence across multiple states, with notable growth in Georgia (+64.8% revenue) and Nebraska (+23.9% revenue). In April 2025, Accel launched Phase I of Fairmount Park Casino & Racing operations. The company maintained active capital return initiatives, repurchasing 1 million shares for $10.2 million during Q1. Net debt stood at $309 million as of March 31, 2025.

Accel Entertainment (NYSE: ACEL) announced a leadership transition as CFO Mathew Ellis resigns effective May 9, 2025. Mark Phelan, current President of U.S. Gaming, will serve as acting CFO while the company conducts a search for a permanent replacement.

CEO Andy Rubenstein thanked Ellis for his contributions since 2015 and expressed confidence in Phelan's interim leadership, citing his experience in finance and deep understanding of Accel's business.

Key Business Overview:

• Largest terminal operator in the United States
• Operates over 27,000 gaming terminals
• Present in 4,300 establishments across 10 states
• Provides gaming solutions to bars, restaurants, convenience stores, truck stops, and veteran establishments
• Offers comprehensive services including design, manufacturing, installation, and operation of gaming equipment

Accel Entertainment (NYSE: ACEL) has scheduled the release of its first quarter 2025 financial and operating results for May 5, 2025, after market close. The company will host a conference call at 5:30 PM ET / 4:30 PM CT on the same day.

Accel is currently the largest terminal operator in the United States, managing over 26,000 gaming terminals across 4,300 locations in ten states. The company specializes in distributed gaming operations, providing gaming solutions to non-casino venues including bars, restaurants, convenience stores, and veteran establishments, as well as developing brick-and-mortar racinos and casinos for local gaming markets.

Accel Entertainment (NYSE: ACEL) has announced the soft opening of its first Illinois casino, Fairmount Park Casino & Racing, scheduled for April 18, 2025. The 12,000 sq. ft. venue features modern slots and electronic table games, marking Accel's strategic entry into the locals racino market.

The facility, located at 9301 Collinsville Rd., will commence its racing season on April 22, 2025. The venue has undergone significant improvements, including new concessions and enhanced racing infrastructure. Notably, Fairmount Park is partnering with Fifty/50 Hospitality Group to expand its food and beverage offerings, including three new concessions and a full-service restaurant opening in June.

The opening coincides with the racetrack's 100th anniversary, representing a milestone in Fairmount Park's history. The project was completed in less than 5 months with support from the Illinois Racing Board, Illinois Gaming Board, and City of Collinsville officials.

Accel Entertainment (NYSE: ACEL) has appointed gaming industry veteran Cheryl Kondra to its Board of Directors, effective immediately. Kondra, who brings over 20 years of experience in audit and compliance from companies like Caesars Entertainment, Genting Americas, and Pinnacle Entertainment, will serve as Chair of the board's Audit Committee.

Currently VP of Internal Audit at Tractor Supply Company, Kondra previously strengthened audit and compliance systems at Pinnacle Entertainment and spent 17 years at Caesars Entertainment, including seven years as Chief Audit Executive. She also serves on the Board of Directors of Galaxy Gaming.

The appointment coincides with Eden Godsoe's decision not to seek re-election to the Board. Additionally, Accel is implementing governance changes, including transitioning from three-year to one-year Board terms to enhance shareholder value.