---
schema_version: "secwatch.filing_event.v1"
accession: "0001698991-25-000022"
form_type: "8-K"
ticker: "ACEL"
cik: "0001698991"
company_name: "Accel Entertainment, Inc."
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T17:49:29.871150+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Accel Q1 revenue record $323.9M, net income up 97%, starts Fairmount Park casino

## Summary
- Record Q1 revenue $323.9M (+7.3% YoY); net income $14.6M (+97%); adjusted EBITDA $49.5M (+7.1%).
- Locations rose 2.9% to 4,391; gaming terminals up 4.4% to 27,180 as of March 31, 2025.
- Repurchased 1M shares for ~$10.2M in Q1; net debt $309M at quarter end.
- Opened Phase I of Fairmount Park Casino & Racing in April 2025; strong early visitation and play.
- CEO cites momentum, low-teens return on capital, and growing free cash flow from expansion.

## SEC filing metadata
- accession: 0001698991-25-000022
- form_type: 8-K
- ticker: ACEL
- cik: 0001698991
- company_name: Accel Entertainment, Inc.
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698991/000169899125000022/0001698991-25-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698991/000169899125000022/acel-20250505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698991-25-000022
- JSON: https://secwatch.observer/filing/0001698991-25-000022.json
- Plain text: https://secwatch.observer/filing/0001698991-25-000022.txt

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