---
schema_version: "secwatch.filing_event.v1"
accession: "0001698991-24-000006"
form_type: "8-K"
ticker: "ACEL"
cik: "0001698991"
company_name: "Accel Entertainment, Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:05:52.676651+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Accel reports record FY 2023 revenue $1.2B, adjusted EBITDA $181M; Q4 rev $297M

## Summary
- Net income of $16M for Q4 2023 and $46M for full year 2023.
- Ended 2023 with 3,961 locations (+6% YoY) and 25,083 gaming terminals (+7% YoY).
- Net debt reduced 12% YoY to $281M; repurchased $30M of stock in 2023.
- Illinois same-store sales growth of 3% for full year 2023.
- CEO cites another record-setting year focused on local gaming market.

## SEC filing metadata
- accession: 0001698991-24-000006
- form_type: 8-K
- ticker: ACEL
- cik: 0001698991
- company_name: Accel Entertainment, Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698991/000169899124000006/0001698991-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698991/000169899124000006/acel-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698991-24-000006
- JSON: https://secwatch.observer/filing/0001698991-24-000006.json
- Plain text: https://secwatch.observer/filing/0001698991-24-000006.txt

## Key facts
- Earnings Releases
  Accel Entertainment, Inc. reported the year ended December 31, 2023 results: revenue $1.2 billion, net income $46 million.
  - Period: the year ended December 31, 2023
  - Revenue: $1.2 billion
  - Net income: $46 million
  - Result: reported results
  source text: Revenue of $297 million for Q4 2023 and $1.2 billion for YE 2023 • Net income of $16 million for Q4 2023 and $46 million for YE 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698991/000169899124000006/0001698991-24-000006-index.htm
- Earnings Releases
  Accel Entertainment, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $297 million, net income $16 million.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $297 million
  - Net income: $16 million
  - Result: reported results
  source text: Revenue of $297 million for Q4 2023 and $1.2 billion for YE 2023 • Net income of $16 million for Q4 2023 and $46 million for YE 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698991/000169899124000006/0001698991-24-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.