Mark Phelan
Mark Phelan Chief Operating Officer and President – US Gaming (Chief Executive Officer effective August 7, 2026)
Highest-materiality recent filing
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 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 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%).
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%).
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 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 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.
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.
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 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 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 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 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 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).
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