Mark Phelan
Mark Phelan Chief Operating Officer and President – US Gaming (Chief Executive Officer effective August 7, 2026)
Highest-materiality recent filing
Accel CEO Mark Phelan appointed to board; board expands to 10
Mark Phelan, CEO, appointed as 2027 Class director effective Aug 7, 2026; term expires at 2027 annual meeting.
Accel Entertainment Q2 2026 revenue $368M record, net income up 72% YoY
Revenue $368M (+10% YoY); net income $13M (+72% YoY); Adjusted EBITDA $59M (+11% YoY).
Accel Entertainment appoints Stan Guidroz as COO; CCO Derek Harmer to depart in March 2027
Stan Guidroz, former CEO of Toucan Gaming subsidiary, appointed COO effective July 14, 2026.
Accel Entertainment approves 2026 LTI and STI programs for named executive officers
Mark Phelan (CEO effective Aug 7, 2026) receives 41,313 RSUs; Scott Levin 16,222 RSUs; Brett Summerer 6,612 RSUs.
Accel Entertainment shareholders re-elect six directors, ratify auditor
Elected Karl Peterson, Kathleen Phillips, Doris Robinson, Kenneth Rotman, Andrew Rubenstein, Bruce Wardinski with over 64.6M votes for each.
Accel Entertainment Q1 2026 revenue record $352M, net income flat at $15M; adjusted EBITDA up 9%
Revenue of $352M (+9% YoY) – quarterly record; net income $15M flat; adjusted EBITDA $54M (+9%).
Accel Entertainment Q4 revenue $341.4M, +7.5% YoY; Adj. EBITDA record $56.3M
Q4 revenue $341.4M (+7.5% YoY); full-year revenue $1.33B (+8.1%).
CEO Rubenstein becomes Chairman; Mark Phelan named COO, to succeed as CEO Aug 7, 2026
Andy Rubenstein appointed Chairman effective immediately; Karl Peterson becomes Lead Independent Director.
Accel evaluating Chicago VGT market; COFA estimates $1B GGR potential
COFA projects $64M annual tax revenue for Chicago, implying $1B incremental GGR.
Accel Entertainment appoints Deloitte as auditor for FY2026, dismisses KPMG after audit completion
Audit Committee approved Deloitte & Touche as independent auditor for fiscal year ending Dec 31, 2026; KPMG dismissed after completing 2025 audit.
Accel Q3 revenue $329.7M (+9.1% YoY); Adjusted EBITDA $51.2M (+11.5%)
Net income $13.3M vs $4.9M prior year, up 171.8%, helped by $2.2M gain on earnout shares.
Accel Entertainment appoints Brett Summerer as Chief Financial Officer
Brett Summerer named CFO effective Sept 22; Mark Phelan returns to President, U.S. Gaming.
Accel closes $900M credit facility ($600M term loan + $300M revolver), replacing prior debt
$600M term loan and $300M revolving facility, both maturing Sept 10, 2030.
Accel Entertainment Q2 2025 record revenue $335.9M; net income falls 50% on fair value loss
Record quarterly revenues of $335.9M, up 8.6% YoY; 4,427 locations (+3.1%); 27,388 terminals (+3.4%).
Stockholders approve board declassification, officer exculpation, and LTIP share increase
Board declassification approved: all directors will be elected annually starting 2026; certificate of amendment filed June 6, 2025.
Accel Q1 revenue record $323.9M, net income up 97%, starts Fairmount Park casino
Record Q1 revenue $323.9M (+7.3% YoY); net income $14.6M (+97%); adjusted EBITDA $49.5M (+7.1%).
Accel CFO Mathew Ellis resigns; President US Gaming Mark Phelan named acting CFO
Ellis resigns effective May 9, 2025, to pursue other opportunities; no dispute with company.
Director Eden Godsoe not standing for reelection; Cheryl Kondra appointed to board
Eden Godsoe, Class 3 director, will not stand for reelection at 2025 Annual Meeting; no disagreement cited.
Record Q4 revenue $317.5M (+6.9% YoY); net income $8.4M (-47.5%); adjusted EBITDA $47.4M (+6.2%)
Accel Entertainment Q3 2024 revenue $302.2M (+5.1% YoY), net income down 53.2% to $4.9M
Record revenue $302.2M (+5.1% YoY); net income $4.9M (-53.2% YoY) due to higher loss on contingent earnout shares.
Accel closes acquisition of Fairmount Holdings for 3.45M shares; plans $85-95M casino build
Acquired owner of FanDuel Sportsbook & Racetrack in Collinsville, IL for 3.45 million ACEL shares.
Accel Entertainment completes $40M acquisition of 85% of Toucan Gaming, expanding into Louisiana
Acquired 85% of Toucan Gaming and LSM Gaming for ~$40M; Toucan CEO Stan Guidroz retains 15%.
Accel Entertainment Q3 revenue rises 5.1% to $302.2M; net income drops 53% on earnout adjustment
Record revenue $302.2M (+5.1% YoY); net income $4.9M (-53.2%) due to fair value change on earnout shares.
Accel Entertainment Q2 2024 revenue $309.4M (+5.7% YoY); net income up 46% to $14.6M
Record Q2 revenue of $309.4M (+5.7% YoY); Adjusted EBITDA $49.7M (+6.5% YoY).
Accel acquires FanDuel Sportsbook owner Fairmount for ~$35M in stock; plans $85-95M casino build
Consideration: 3.45M ACEL shares (approx. $35M) to acquire Fairmount, owner of FanDuel Sportsbook & Horse Racing in Collinsville, IL.
Accel Entertainment shareholders elect directors, approve exec comp, ratify KPMG as auditor
Gordon Rubenstein (56.5M for, 2.0M withheld) and David Ruttenberg (50.3M for, 8.2M withheld) elected as Class I directors.
Accel Entertainment Q1 revenue up 2.9% to $301.8M; net income down 19.2% to $7.4M
Net income of $7.4M vs $9.2M in Q1 2023; GAAP EPS likely impacted by higher expenses.
Accel reports record FY 2023 revenue $1.2B, adjusted EBITDA $181M; Q4 rev $297M
Net income of $16M for Q4 2023 and $46M for full year 2023.
Accel Entertainment Q3 revenue up 8% to $287.5M; net income falls 53% to $10.5M
Revenue $287.5M (+8% YoY); net income $10.5M (-53%) due to $1.6M loss on contingent earnout shares vs $10.4M gain in prior year.
Accel promotes Mark Phelan to President, US Gaming; base salary to $475K
Mark Phelan promoted to President, U.S. Gaming, effective October 6, 2023.
Accel extends delayed draw term loan availability to Oct 22, 2024
Delayed draw term loan facility availability extended by 12 months to October 22, 2024.
Accel Entertainment Q2 revenue $292.6M (+28% YoY), net income $10.0M (-56% YoY)
Revenue of $292.6M, up 28% YoY; net income of $10.0M, down 56% YoY due to $4.8M loss on contingent earnout shares.
Base salary increased to $450,000 effective July 15, 2023.
Stockholders approve LTIP amendment, add 2M shares; elect three Class I directors
Shareholders approved A&R LTIP adding 2,000,000 shares to reserve, total now 8,000,000 shares.
Accel Q1 revenue up 49% to $293.2M; net income down 42% on earnout adjustment
Revenue $293.2M (+49% YoY); net income $9.2M (-42% YoY) due to $4.6M loss on contingent earnout shares.
CEO Andrew Rubenstein's base salary increased to $925,000; employment term extended to April 27, 2026.
Accel grants performance-based PSUs to CEO, CFO, and CCO with 3-year EBITDA targets
CEO Andrew Rubenstein granted 90,396 PSUs; CFO Mathew Ellis 19,774; CCO Derek Harmer 20,410.
Accel Entertainment reports record 2022 revenue of $970M, net income $74M, adjusted EBITDA $162M
Q4 revenue $278M, net income $13M, adjusted EBITDA $43M; full year revenue $970M (+32% YoY), net income $74M (+135% YoY).
Accel Entertainment appoints Christie Kozlik as Chief Accounting Officer
Christie Kozlik, 44, appointed CAO effective Nov 9, 2022; previously VP at Assurant and director at Allstate.
Accel Q3 revenue $267M (+38% YoY), net income $22.4M (+108%); reaffirms FY guidance
Net income $22.4M ($0.81 diluted EPS) vs $10.8M a year ago; Adj. EBITDA $41.1M (+9% YoY).
Accel files Century Gaming interim financials for nine months ended March 31, 2022
Century reported revenue of $192.8M and net income of $3.6M for the nine months ended March 31, 2022.
Accel files Century Gaming financials: FY2021 revenue $242.7M, net income $8.6M
Century FY2021 (ended June 30) revenue $242.7M, net income $8.6M, reversing FY2020 net loss of $6.2M.
Accel Q2 revenue $227.9M (+13% YoY), net income $22.5M (+81%), closes Century acquisition
Q2 revenue $227.9M, up 13% YoY; net income $22.5M, up 81%; adjusted EBITDA $42.7M essentially flat.
Accel Entertainment CCO Michael Marino departs effective August 1, 2022
Michael Marino, Chief Commercial Officer, left Accel on August 1, 2022 by mutual agreement to pursue other interests.
Accel Entertainment closes $164.2M Century Gaming acquisition; adds 8,300+ terminals
Total consideration $164.2M: $45.5M cash, $113.2M debt repayment, 515,622 shares of ACEL common stock.
Accel Entertainment stockholders elect three Class III directors, ratify KPMG as auditor
Eden Godsoe, Kathleen Philips, and Kenneth B. Rotman elected as Class III directors for three-year terms.
Accel Entertainment Q1 revenue $196.9M (+34% YoY); net income up 952% to $15.8M
Revenue $196.9M (+34% YoY), net income $15.8M (+952% YoY), adjusted EBITDA $35.2M (+37% YoY).
Accel Entertainment names Mathew Ellis as CFO effective May 1, 2022
Ellis succeeds retiring CFO Brian Carroll; Carroll remains in advisory role through end of 2023.
Accel posts record FY2021 revenue $735M, Adj EBITDA $140M; reiterates 2022 guidance
Q4 revenue $192M, net income $7M; FY revenue $735M, net income $32M (vs FY2020 revenue $316M).
CFO Brian Carroll to retire April 2022; advisor through 2023
Brian Carroll to step down as CFO upon replacement start or April 30, 2022.
Mark Phelan Chief Operating Officer and President – US Gaming (Chief Executive Officer effective August 7, 2026)
On April 29, 2025, Mathew Ellis notified Accel Entertainment, Inc. (the “ Company ”) that he will be resigning from his position as Chief Financial Officer of the Company, effective as of May 9, 2025, to pursue other career opportunities.
Effective as of May 9, 2025, the Board appointed Mark Phelan, the Company’s President, US Gaming, as its acting Chief Financial Officer
on April 10, 2025, the Board appointed Cheryl Kondra, effective immediately, as a Class 2 director on the Board with a term expiring at the Company’s 2027 Annual Meeting of Stockholders.
On April 10, 2025, Eden Godsoe, a Class 3 director on the Board of Directors (the “Board”) of Accel Entertainment, Inc. (the "Company"), informed the Company that she will not stand for reelection at the Company’s upcoming 2025 Annual Meeting of Stockholders (the “Annual Meeting”).
Pursuant to the Amendment, Mr. Phelan was appointed as the Company’s President, U.S. Gaming.
On November 9, 2022, Accel Entertainment, Inc. (the “Company”) announced that Christie Kozlik, 44, has been appointed to the position of Chief Accounting Officer, effective as of November 9, 2022
On August 1, 2022, Accel Entertainment, Inc. (the “Company”) and Michael Marino , the Company’s Chief Commercial Officer, mutually agreed that Mr. Marino would leave the Company to pursue other interests.
Brian Carroll notified the Company of his intent to retire as the Chief Financial Officer of the Company, which will be effective as of April 30, 2022.
On April 25, 2022, Accel Entertainment, Inc. (the “Company”) announced that Mathew Ellis was appointed by the board of directors as Chief Financial Officer, effective May 1, 2022, and will perform the functions of principal financial officer and principal accounting officer of the Company.
Accel Entertainment, Inc. (the “Company”) has been notified by Brian Carroll, its Chief Financial Officer, of his intent to retire as the Company’s Chief Financial Officer in April 2022.
Max materiality 0.80 · Median 0.62 · Most common event earnings