Chicago VGT market could begin generating revenue for Accel by third or fourth quarter of 2026
Accel Entertainment, a leading locals-focused gaming operator, is evaluating the potential to bring its distributed gaming and local entertainment model to the city of Chicago following recent public announcements regarding the possible introduction of Video Gaming Terminals (VGTs) in licensed locations.
The City Council Office of Financial Analysis has estimated that the proposed framework for VGTs could generate approximately $64m in incremental annual tax revenue for the City of Chicago. Based on existing legislative revenue splits, and further stated in the COFA’s analysis, these estimates suggest a total annual Chicago VGT gross gaming revenue (GGR) of $1bn incremental to the existing $3bn generated in the rest of the state, once fully implemented, which they note in their analysis may take up to 10 years based on previous studies. VGT operators currently receive a statutory split of GGR equal to 32.04 per cent which would translate into approximately $320m of expected incremental Net Terminal Income for the licensed VGT operator community operating in Chicago.
Accel said: “Notwithstanding the expected 10 year ramp to maturity, based on our experience in Illinois, the Company expects a Chicago VGT market could begin generating revenue for Accel as early as the third or fourth quarter of 2026, following completion of the legislative, regulatory, and implementation processes, with a gradual ramp-up toward steady-state performance over time.
“From a capital deployment perspective, Accel believes it is well positioned to leverage its strong balance sheet, existing fixed operating infrastructure, route management capabilities, and fixed asset base to capitalise on opportunities in a Chicago VGT market, subject to customer acquisition rates and final regulatory requirements.”
“In anticipation of the finalisation of Chicago’s VGT regulatory and operating framework, Accel will continue to assess its capital deployment strategy for Accel’s expected participation in a Chicago VGT market, including ramp timing, and marginal costs to service new accounts.”
“Accel will continue to monitor developments closely and plans to update the investor community as appropriate as the regulatory and operating framework emerge.”
The post Accel Entertainment evaluates Chicago market opportunities following VGT announcement appeared first on G3 Newswire.
Chicago VGT market could begin generating revenue for Accel by third or fourth quarter of 2026 Accel Entertainment, a leading locals-focused gaming operator, is evaluating the potential to bring its distributed gaming and local entertainment model to the city of Chicago following recent public announcements regarding the possible introduction of Video Gaming Terminals (VGTs) in…
The post Accel Entertainment evaluates Chicago market opportunities following VGT announcement appeared first on G3 Newswire.