Accel Entertainment, Inc.

ACEL: 10-Q · periodic report

Accel Entertainment's Q2 2026 net revenue rose 9.6% year over year to $368.1 million, driven by net gaming revenue up 10.7% to $347.4 million on more locations, terminals, and casino contribution from Fairmount. Total locations grew 5.6% to 4,676 and gaming terminals grew 6.9% to 29,281. Net income jumped 72.2% to $12.5 million with diluted EPS of $0.15 versus $0.08 a year ago, and Adjusted EBITDA grew 10.8% to $58.9 million. For the first half, revenue was $719.7 million (+9.1%) with net income of $27.2 million (+24.2%), helped by a lower effective tax rate (29.3% vs 31.6%). The balance sheet remains solid: $255.5 million in cash, $577.5 million drawn on the credit facility at a roughly 5.5% weighted-average rate, full covenant compliance, and $145.6 million remaining on the $200 million buyback after repurchasing 477,598 shares in Q2 at an average of $11.68. Management kept up bolt-on M&A (Green Valley $5.8M, Rice Palace $6.1M, Admira $2.8M), appointed Stan Guidroz as COO effective July 14, 2026, guided 2026 capex to $60-70 million, and reported no material changes to risk factors.

SEC 10-Q•2mo ago

Accel Entertainment Reports Quarterly Record Revenue of $368 Million in the Second Quarter of 2026

Accel Entertainment reported record second-quarter revenue of $368 million, up 10% year-over-year, with net income surging 72% to $13 million. Adjusted EBITDA increased 11% to $59 million, driven by a 7% expansion in gaming terminals to 29,281 and improved hold-per-day metrics across several states. The company repurchased approximately 500,000 shares for $5.6 million and ended the quarter with $255 million in cash, while CEO Andy Rubenstein announced his upcoming transition to Chairman.

•2mo ago

Accel Entertainment Adds Approximately 600 Electronic Gaming Terminals in Nevada with Green Valley Grocery Route Agreement

Accel Entertainment signed a new route agreement with Green Valley Grocery to deploy approximately 600 electronic gaming terminals across Southern Nevada locations owned by Anabi Oil. This transaction follows a prior deal with Anabi's Rebel stores, bringing Accel's total Nevada presence to more than 525 locations and over 4,000 terminals. Management highlighted the move as a meaningful step that consolidates a high-quality network segment and reflects continued momentum in the Nevada market.

•3mo ago

Accel Entertainment Names Stan Guidroz Chief Operating Officer

Accel Entertainment promoted Stan Guidroz, CEO of its Toucan Gaming subsidiary, to Chief Operating Officer effective July 14, 2026. The move coincides with President Mark Phelan relinquishing the COO title as he prepares to become Chief Executive Officer in August 2026. Guidroz, who oversaw Accel's Louisiana operations since 2021, will now oversee day-to-day operations across all markets.

•3mo ago

Chippewa Cree Tribe Expands Partnership With Century Gaming Through Full Conversion at Northern Winz Casino II

Accel Entertainment’s Century Gaming subsidiary completed a full machine conversion at Northern Winz Casino II in Montana, replacing 51 legacy terminals with new equipment and proprietary systems. This expansion brings Century’s total footprint at the Northern Winz properties to 100 machines, building on an existing relationship at the adjacent casino. The Chippewa Cree Tribe selected Century for the upgrade based on the service standards and reliability experienced at the first location.

•3mo ago

Accel Entertainment Expands Louisiana Presence With Acquisition of Rice Palace Truck Stop Casino

Accel Entertainment’s subsidiary Toucan Gaming acquired the assets of Rice Palace Truck Stop Casino in Crowley, Louisiana, adding 50 video gaming devices to its portfolio. The company plans to scale the location to 60 devices, representing an approximate 8% increase in its total Louisiana VGD count relative to the 728 units reported as of March 31, 2026. Management described the transaction as strategic and accretive, highlighting the target’s strong local relationships and operational discipline as drivers for future growth in southern Louisiana.

•4mo ago

Accel Entertainment Reports Quarterly Record Revenue of $352 Million in the First Quarter of 2026

Accel Entertainment reported a quarterly record revenue of $352 million in the first quarter of 2026, up 9% year-over-year, driven by hold-per-day growth and market expansion. Adjusted EBITDA increased 9% to $54 million, while the company repurchased 1.1 million shares for $12 million, returning capital to shareholders. Net income remained flat at $15 million compared to the prior year, impacted by the timing of Fairmount Park purse expenses; excluding this item, Adjusted EBITDA and net income would have been $2.0 million and $1.5 million higher, respectively.

•5mo ago

Accel Entertainment Ups the Ante at Fairmount Park Casino & Racing With Launch of Live Table Games

Accel Entertainment launched live table games, including Blackjack and Roulette, at its Fairmount Park Casino & Racing facility, marking a transition from electronic-only table games to a live dealer experience. The expansion is part of a broader effort to transform the historic racino into a full-scale entertainment destination, supported by new food and beverage options and facility upgrades. Revenue from the new gaming positions is being reinvested into the racing product, including a $500,000 increase to the 2026 purse to attract larger field sizes.

•5mo ago