Accel Entertainment reports $302.2m revenue and 22 Illinois venue closures
Accel Entertainment chief executive Andy Rubenstein reported third-quarter 2024 revenue of $302.2m, adjusted EBITDA of $45.9m and income of $4.9m. He said the company had closed 22 underperforming Illinois locations and planned to phase out a further subset over coming quarters, citing tax increases and pressure on location margins. Rubenstein also discussed the pending acquisition of Fairmount Park.
Closures and further planned phase-outs show how tax increases and margin pressure are reshaping Accel’s Illinois footprint.