Welcome to our dedicated page for Accel Entertainment news (Ticker: ACEL), a resource for investors and traders seeking the latest updates and insights on Accel Entertainment stock.
Accel Entertainment, Inc. (NYSE: ACEL) is a distributed, locals-focused gaming operator that regularly issues news on its financial performance, route expansion, capital structure, and regulatory developments. This page aggregates ACEL news so readers can follow how the company’s network of electronic gaming terminals, casinos, and its Fairmount Park Casino & Racing racino evolves over time.
Company press releases frequently cover quarterly earnings results, including trends in total net revenues, Adjusted EBITDA, and net income, along with key operating metrics such as the number of locations, gaming terminals, and location hold-per-day by state. These updates often highlight performance in core markets like Illinois and Montana, developing markets such as Nebraska, Georgia, and Nevada, and newer markets including Louisiana and Fairmount Park Casino & Racing.
Accel’s news flow also includes transaction and expansion announcements. For example, the company has reported on acquisitions that expand its route operations in Nevada, as well as its entry into new markets and the commencement of casino and racing operations at Fairmount Park Casino & Racing. Other releases discuss potential growth opportunities tied to regulatory changes, such as the possible introduction of video gaming terminals in the city of Chicago.
In addition, ACEL news items address financing and governance events, including the closing of a senior secured credit facility, changes in the Chief Financial Officer role, and the selection of a new independent registered public accounting firm. Together, these updates provide insight into how Accel manages its balance sheet, leadership team, and compliance obligations while pursuing distributed gaming growth.
Investors, analysts, and observers can use this news feed to review historical announcements and monitor ongoing developments in Accel Entertainment’s operations, markets, and corporate actions.
Accel Entertainment, Inc. (NYSE: ACEL) reported financial results for Q4 and the fiscal year ended December 31, 2020. Key highlights include a revenue of $74 million in Q4 and $316 million for the year, despite a net loss of $10 million for Q4 and $13 million for the year. The company ended 2020 with 2,435 locations and 12,247 video gaming terminals (VGTs), marking increases of 5% and 17% respectively from 2019. February 2021 saw the highest revenue month in the company's history. Guidance for 2021 anticipates revenue between $580 million and $600 million, with estimated adjusted EBITDA of $95 million to $100 million.
Accel Entertainment, Inc. (NYSE: ACEL) will announce its financial results for the fourth quarter and full year ending December 31, 2020, before market open on March 15, 2021. A conference call is scheduled for 11:00 AM CT / 12:00 PM ET on the same day to discuss these results. The company is a leading distributed gaming operator in the U.S., specializing in the operation of gaming terminals in non-casino locations across Illinois.
Accel Entertainment (NYSE: ACEL) has announced its acquisition of Century Gaming in a transaction valued at $140 million. This strategic move allows Accel to expand into the Western U.S. market, adding over 900 licensed establishments and 8,500 gaming terminals primarily across Montana and Nevada. Expected 2021 revenues from Century are approximately $220 million. The deal, approved by both boards, is set to be financed through a mix of Accel’s cash, existing credit, and stock, pending regulatory approvals.
Accel Entertainment, Inc. (ACEL) plans to release its financial results for Q3 2020 on November 5, 2020, before market open. A conference call will follow at 11:00 AM CT to discuss the results. Accel is recognized as a leading gaming operator in the U.S. based on Adjusted EBITDA and partners with local businesses in Illinois. Their operations include the management of video gaming terminals and related devices in non-casino venues such as restaurants and convenience stores.