Accel benefits from optimised footprint in Illinois and Montana
With a full year of racing operations and almost nine months of casino operations at Fairmount Park Casino & Racing under its belt, Accel Entertainment generated record revenue of $341.4m in its fourth quarter, an increase of 7.5 per cent.
For the full year, Accel also generated record revenue of $1.3 bn and $210m in Adjusted EBITDA, reflecting the growth and resilience of its distributed gaming model combined with its disciplined capital deployment. The operator ended the year supporting more than 4,500 locations and nearly 28,000 gaming terminals, underscoring the scale and durability of our platform.
Accel CEO, Andy Rubenstein, commented: “In Illinois and Montana, we continue to optimize our footprint and machine base, driving steady hold-per-day improvement and margin expansion. The Illinois rollout of ticket-in, ticket-out technology is progressing as planned and is expected to enhance player convenience and operational efficiency over time. We are excited by the potential to bring our distributed gaming and local entertainment model to the city of Chicago following public announcements regarding the possible introduction of Video Gaming Terminals in licensed locations. We believe we are well positioned to leverage our strong balance sheet, existing fixed operating infrastructure, route management capabilities, and fixed asset base to capitalize on opportunities in a Chicago Video Gaming Terminals market, and we continue to monitor developments as we establish our strategies for maximizing returns from this possible opportunity.
“Across our developing markets, we are seeing meaningful scale and momentum. Nevada terminal count increased 13 per cent year-over-year, supported by recent strategic accretive route expansions, while Louisiana revenue increased approximately 75 per cent compared to the prior year as we execute on our bolt-on acquisition strategy. Nebraska and Georgia also delivered strong growth, demonstrating the continued expansion and increased leverage of our operating platform. At Fairmount Park Casino & Racing, we completed our first full year of operations and continue to see steady customer engagement as the property ramps.
“With the completion of our previously-announced $900m credit facility, we strengthened our balance sheet, extended maturities to 2030, and enhanced our growth capital flexibility. Reflecting our commitment to shareholder returns and our view that Accel shares remain undervalued, during 2025, we repurchased approximately 3.7 million shares of our common stock, including 1.5 million shares in the fourth quarter.
“Looking ahead, we remain focused on driving steady organic growth, capturing efficiencies at scale, executing accretive tuck-in opportunities, and delivering strong free cash flow. We believe our scalable platform and disciplined capital deployment position us to convert earnings into cash while investing in high-return growth opportunities and returning capital to shareholders.”
The post Accel generates record revenue for fourth quarter and full year appeared first on G3 Newswire.
Accel benefits from optimised footprint in Illinois and Montana With a full year of racing operations and almost nine months of casino operations at Fairmount Park Casino & Racing under its belt, Accel Entertainment generated record revenue of $341.4m in its fourth quarter, an increase of 7.5 per cent. For the full year, Accel also…
The post Accel generates record revenue for fourth quarter and full year appeared first on G3 Newswire.