| Market Capitalization (Millions $) |
991 |
| Shares
Outstanding (Millions) |
83 |
| Employees |
1,600 |
| Revenues (TTM) (Millions $) |
1,391 |
| Net Income (TTM) (Millions $) |
57 |
| Cash Flow (TTM) (Millions $) |
9 |
| Capital Exp. (TTM) (Millions $) |
70 |
Business Description
Accel Entertainment Inc is a United States-based company that operates as a distributed gaming operator. Founded in 2012, the company is headquartered in Illinois and operates over 10,000 video gaming terminals across 13 states, making it one of the biggest slot machine distributors in the US.
Accel's primary business is leasing video gaming terminals to businesses like bars, taverns, truck stops, and other locations that are licensed to run video gaming in the states they operate. In addition to leasing machines, Accel also provides proprietary software solutions, installation, maintenance, and marketing plans to its customers.
The company's gaming terminals are highly valued because of their advanced technology features and games that are tailored to specific markets. Accel's terminals are designed to improve the playing experience with features such as touch-screen technology, enhanced audio and video graphics, sound effects, multiple games on a single device, and more. Their gaming software also includes popular titles like Dragon's Ascent, Rich Wilde and the Book of Dead, and Jackpot Jester.
Aside from their core business of gaming terminals, Accel also operates an online platform where customers can play their slot games remotely. Additionally, the company has an extensive network of sales representatives that assist in forging partnerships with new businesses and expanding their operations across the country.
Accel has a strong commitment to responsible gaming and promotes a safe and responsible gambling environment. To this end, the company works with the National Council on Problem Gambling and partners with organizations that support responsible gambling like the Illinois Council on Problem Gambling and the Problem Gambling Coalition of Colorado.
In early 2020, Accel announced its merger with TPG Pace Holdings Corp., a special purpose acquisition company that was created by TPG Capital to acquire businesses from the gaming and leisure industries. The merger was completed in June 2020, and the combined entity Accel Entertainment Inc. now trades on the New York Stock Exchange under the ticker symbol ACEL.
Overall, Accel Entertainment is a well-established, growth-oriented company that is committed to providing customers with top-quality gaming terminals and games, while also promoting safe and responsible gambling practices.
Company Address: 140 Tower Drive Burr Ridge 60527 IL
Company Phone Number: 972-2235 Stock Exchange / Ticker: NYSE ACEL
|
184.39 %