Accel Entertainment completes $35m Fairmount acquisition as analyst sees further M&A
Accel Entertainment completed its acquisition of Fairmount Holdings in December for $35 million in Accel A-1 shares, according to the report. The purchase includes FanDuel Sportsbook & Horseracing, Illinois betting assets and the opportunity to develop a casino; Deutsche Bank analyst Carlo Santarelli said further acquisitions could remain a priority.
Accel’s Fairmount acquisition adds Illinois betting assets and a casino development opportunity as further acquisitions remain a potential priority.