Accel Entertainment reports revenue rise in Q1
Revenue increased 9 per cent year-over-year.
US.- Accel Entertainment has announced financial and operating results for the first quarter ended March 3. Revenue totalled $352m, an increase of 9 per cent year-over-year. Net income was flat at $15m while adjusted EBITDA increased 9 per cent to $54m.
At the end of Q1, the company had 4,540 locations, up 3 per cent year-over-year, and 28,353 gaming terminals, an increase of 4 per cent. Illinois revenue, excluding Fairmount Park, increased 6 per cent year-over-year, driven by hold-per-day improvement and a higher-performing customer mix. Fairmount Park Casino & Racing launched table games and commenced its second racing season in April.
Accel CEO, Andy Rubenstein, commented: “Accel delivered another strong quarter to open 2026, delivering our highest ever Q1 adjusted EBITDA. First quarter revenue increased approximately 9 per cent year-over-year to an all-time quarterly record of $352m, driven by continued strength across our platform and solid hold-per-day growth in Illinois and across our developing markets.
“The placement of gaming terminals in the city of Chicago remains one of the most exciting near-term opportunities in our history. The Illinois Gaming Board is actively processing applications, and we are signing up Chicago locations in anticipation of final regulatory approvals. As the market leader, we believe we are uniquely positioned to move quickly and efficiently when the market opens, leveraging our existing infrastructure, route management platform, and deep local relationships across the state.
“As we look ahead, our priorities are clear: drive steady organic growth in our core markets, scale profitability in our developing markets, execute disciplined tuck-in acquisitions, and consistently convert earnings into free cash flow. I am proud of what this team has built and excited about the opportunities ahead as we continue to grow Accel for the long term.”
In 2025, the company reported record revenue of $1.3bn, an increase of 8.1 per cent compared to the same period in 2024.
