Company: ACEL
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001698991-25-000011
Chunk: 106

Company: Accel Entertainment, Inc.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1
Chunk 106
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ITEM 1.   BUSINESS

Who We Are

We are a leading distributed gaming and local entertainment operator in the United States (“U.S.”) and a preferred partner for local business owners in the markets we serve. We offer turnkey, full-service gaming solutions to bars, restaurants, convenience stores, truck stops, and fraternal and veteran establishments across the country. In strategic markets, we are the owner and operator of our own retail establishments, and gaming and entertainment venues.

Our operations offer a complementary source of revenue for our location partners by offering a “one-stop” solution of support, service, and equipment through:

•Providing unmatched customer support, guidance, and expertise so our location partners can grow their businesses with incremental revenue.

•Installing, maintaining, operating and servicing gaming terminals and related equipment for our location partners as well as redemption devices that have automated teller machine (“ATM”) functionality and stand-alone ATMs, driving game play and player loyalty. 

•Offering amusement devices, including jukeboxes, dartboards, pool tables, and other entertainment related equipment that enhance customer experience and engagement. 

We also design and manufacture gaming terminals and related equipment. We are continuously evaluating additional opportunities that are complementary to our core business. 

Where We Operate

StateYear Operations Started or Year of AcquisitionBrandingOperationsIllinois2012Accel Entertainment•Establishments with a liquor license (Up to 6 gaming terminals)–Bars/restaurants/retail–Gaming cafes–Fraternal organizations–Veterans’ organizations•Truck stops (Up to 6 gaming terminals)•Large truck stops (Up to 10 gaming terminals)Illinois2024FanDuel Sportsbook and Horse Racing•Operate FanDuel Sportsbook & Racetrack, an active horse racing track in Collinsville, IL with ~50 annual race days •Planned opening of Phase I casino in the second quarter of 2025 with Phase II build out of a permanent facility anticipated to start shortly after the completion of Phase I.•Revenue share agreement with FanDuel to operate a sportsbook at Fairmount ParkMontana2022Century Gaming•Business locations licensed to sell alcoholic beverages for on-premises consumption only, including locations restricted to offering a maximum of 20 slot machines

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Table of Contents

StateYear Operations Started or Year of AcquisitionBrandingOperationsMontana2022Grand Vision Gaming•Designs and manufactures gaming terminals and software that are sold to Montana, South Dakota, and West Virginia•Develops proprietary gaming