Accel Entertainment ( (ACEL) ) has shared an update.
Accel Entertainment has completed its acquisition of Fairmount Holdings, owner of FanDuel Sportsbook & Racetrack in Illinois, expanding its footprint in the locals gaming market. This strategic move involves acquiring a racetrack and plans for a casino project, leveraging Accel’s expertise in gaming operations. The acquisition is anticipated to yield significant returns, with projections indicating a promising cash flow and growth potential in the local gaming sector.
See more insights into ACEL stock on TipRanks’ Stock Analysis page.