ACEL News & Events

Accel Entertainment announced that its subsidiary, Toucan Gaming, acquired the assets of Rice Palace and South Louisiana Gaming, the owner and operator of Rice Palace Truck Stop Casino. The transaction is consistent with Accel's long-term focus on disciplined growth and continued strategic, accretive investments in the state. Financial details were not disclosed. Pursuant to the terms of the agreement, Toucan acquired the Rice Palace facility, adding 50 Video Gaming Devices, VGDs, to its expanding Louisiana route operations. Toucan and Accel plan to scale the location's capacity to 60 VGDs in the near term, representing an approximate 8% increase in its VGD count compared to the 728 Louisiana route VGDs Accel reported as of March 31, 2026.

Reports Q1 revenue $351.56M, consensus $343.64M. Accel CEO, Andy Rubenstein, commented, "Accel delivered another strong quarter to open 2026, delivering our highest ever Q1 adjusted EBITDA. First quarter revenue increased approximately 9% year-over-year to an all-time quarterly record of $352 million, driven by continued strength across our platform and solid hold-per-day growth in Illinois and across our developing markets."

Reports Q4 revenue $341.4M, consensus $335.7M. Accel CEO, Andy Rubenstein, commented, "Accel delivered a strong finish to 2025, highlighted by 7.5% revenue growth and an 18.9% increase in Adjusted EBITDA in the fourth quarter. For the full year, we generated record revenue of $1.3 billion and $210 million in Adjusted EBITDA, reflecting the growth and resilience of our distributed gaming model combined with our disciplined capital deployment. We ended the year supporting more than 4,500 locations and nearly 28,000 gaming terminals, underscoring the scale and durability of our platform. 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."