Accel Entertainment acquires Nevada’s Dynasty Games’ route operations
The transaction expands the company’s operations with 20 locations and 123 Electronic gaming terminals.
US.- Accel Entertainment’s subsidiary, Century Gaming Technologies Nevada, has acquired the route operation assets of Dynasty Games. The acquisition expands Accel’s Northern Nevada operations with 20 new active locations, two pending regulatory approval and 123 electronic gaming terminals. As of September 30, the company’s existing Nevada operations serviced 370 locations featuring 2,757 gaming terminals.
Andy Rubenstein, chief executive officer of Accel Entertainment, said: “This strategic and accretive acquisition marks an important milestone in our Nevada growth strategy. Dynasty Games has built a trusted reputation rooted in integrity and long-term relationships, and we’re excited to build on that legacy while expanding Accel’s best-in-class route operations across Northern Nevada.
“This transaction strengthens Accel’s Nevada market presence, establishing new operations in Gardnerville, Verdi, Dayton, Fernley, Stagecoach, and Sun Valley. Combined with our existing footprint in Reno, Sparks, Carson City, Elko, Wells, Spring Creek, and Carlin, Accel now operates the most comprehensive and scaled route coverage in the state – a competitive advantage that is expected to drive continued growth and new location development.”
Roger Fuller, owner of Dynasty Games, added: “After more than 30 years serving Northern Nevada’s gaming community, it was important to find a partner who values relationships and integrity as much as results. Century Gaming Technologies has earned a strong reputation through its emphasis on customer care, and I’m excited to see our locations and customers benefit from Accel’s experience and dedication to the local market.”
Accel’s Q3 revenue totalled $329.7m, up 9.1 per cent year-over-year. The company reported net income of $13.4m, up 171.8 per cent. Adjusted EBITDA increased 11.5 per cent to $51.2m. Cash and cash equivalents stood at $290.2m and net debt $305m.
