Accel Entertainment achieved record revenues and strong Adjusted EBITDA in Q1 2025, driven by an increase in locations and gaming terminals. The company also commenced casino and racing operations at Fairmount Park, which is expected to be a significant growth driver.
Record revenues of $323.9 million in Q1 '25, up 7.3% from Q1 '24.
Net income increased by 97.0% to $14.6 million in Q1 '25.
Adjusted EBITDA grew by 7.1% to $49.5 million in Q1 '25.
Total locations increased to 4,391 and gaming terminals to 27,180.
Accel Entertainment expects continued operating and financial momentum, driven by expansion into new markets and improved core operations. The company anticipates maintaining attractive returns on capital and generating growing free cash flow.
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