Accel Entertainment, Inc. is a distributed gaming operator that provides video gaming terminals and amusement devices to non-casino locations across the United States. The company partners with local businesses such as bars, restaurants, convenience stores, and truck stops to install, operate, and maintain gaming equipment on a revenue-sharing basis. Accel also owns and operates a racino venue, offering a turnkey gaming solution that includes compliance, cash logistics, and customer service.
Accel operates a distributed-gaming model across thousands of licensed non-casino establishments, so no single location partner represents a material share of revenue. The Company's disclosed concentration is geographic: operations are centralized primarily in Illinois, Montana and Nevada, and the Company has high concentrations of locations within certain municipalities in Illinois. Favorable or unfavorable changes to gaming regulations in these states, or changes to gaming laws in those Illinois municipalities, could affect the Company's results of operations.