Highest-materiality recent filing
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.
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”).
Max materiality 0.80 · Median 0.68 · Most common event earnings