Accel Entertainment Inc is a leading provider of gaming services in the United States, specializing in legal and regulated gaming solutions such as video gaming terminals and related technology
The company partners with bar and restaurant owners to enhance their offerings by installing state-of-the-art gaming machines, thus creating an engaging entertainment experience for customers. Accel is focused on delivering innovative gaming products while ensuring compliance with regulations, contributing to the growth of the gaming industry in various jurisdictions. Through its commitment to operational excellence and customer service, the company aims to lead in the gaming sector, fostering enjoyable and responsible gaming environments.
Let’s dig into the relative performance of Accel Entertainment (NYSEACEL) and its peers as we unravel the now-completed Q3 gaming solutions earnings season.
Accel Entertainment trades at $11.47 per share and has stayed right on track with the overall market, gaining 13.5% over the last six months. At the same time, the S&P 500 has returned 13.5%.
Accel Entertainment, Inc. (NYSEACEL) and Fairmount Holdings, Inc. today announced the successful closure of their transaction where Accel has acquired the owner of the FanDuel Sportsbook & Racetrack, for total consideration of approximately 3.45 million shares of Accel Class A-1 common stock. The strategic transaction adds a promising single site racetrack and future casino to extend Accel’s convenience gaming expertise to a larger and more concentrated form factor – an adjacency in locals gaming that is complementary to Accel’s steadily growing, route-based footprint.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Light & Wonder (NASDAQLNW) and the best and worst performers in the gaming solutions industry.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the gaming solutions industry, including PlayStudios (NASDAQMYPS) and its peers.
Accel Entertainment, Inc. (NYSEACEL) (“Accel” or the “Company”), a leading distributed gaming operator, today announced that it has completed the acquisition of 85% of the ownership interests of Toucan Gaming, LLC and LSM Gaming, LLC, two Louisiana-based route operators and owners of multiple licensed video poker establishments (collectively, “Toucan”), for approximately $40 million. The combined business will operate as Toucan Gaming throughout Louisiana and will be led by Stan Guidroz, an industry-leading gaming executive and current CEO of Toucan Gaming. Mr. Guidroz owns the remaining 15% of Toucan’s ownership interests and will lead the Accel team supporting Toucan’s continued growth.
Slot machine and terminal operator Accel Entertainment (NYSEACEL) announced better-than-expected revenue in Q3 CY2024, with sales up 5.1% year on year to $302.2 million. Its GAAP profit of $0.06 per share was 48.2% below analysts’ consensus estimates.
Slot machine and terminal operator Accel Entertainment (NYSEACEL)
will be reporting earnings tomorrow after market hours. Here’s what investors should know.
Accel Entertainment, Inc. (NYSEACEL) today announced it will release its financial and operating results for the third quarter ended September 30, 2024, after market close on October 30, 2024. The company will host a conference call at 5:30 PM ET / 4:30 PM CT that same day to discuss these results.
Accel Entertainment, Inc. (NYSEACEL) today announced it will release its financial and operating results for the second quarter ended June 30, 2024, after market close on July 30, 2024. The company will host a conference call at 5:00 PM ET / 4:00 PM CT that same day to discuss these results.
Accel Entertainment, Inc. (NYSEACEL) and Fairmount Holdings, Inc. today announced that the companies have entered into an agreement for Accel to acquire Fairmount, the owner of FanDuel Sportsbook & Horse Racing, for total consideration of approximately $35 million (based on a 20-day trailing average), payable to the sellers as 3.45 million shares of Accel Class A-1 common stock. The strategic transaction adds a promising single-site racetrack and future casino to extend Accel’s convenience gaming expertise to a larger and more concentrated venue – an adjacency in Local Gaming that is complementary to Accel’s steadily growing, route-based footprint.
Accel Entertainment, Inc. (NYSEACEL) today announced it will release its financial and operating results for the first quarter ended March 31, 2024, after market close on May 8, 2024. The company will host a conference call at 5:30 PM ET / 4:30 PM CT that same day to discuss these results.
Accel Entertainment, Inc. (NYSEACEL) today announced it will release its financial and operating results for the fourth quarter and full year ended December 31, 2023 after market close on February 28, 2024. The company will host a conference call at 5:30 PM ET / 4:30 PM CT that same day to discuss these results.
Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Accel Entertainment, Inc. (NYSEACEL) (f/k/a TPG Pace Holdings Corp.) concerning the Company and its directors’ and officers’ possible violations of state laws.
