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Accel Entertainment explores Chicago distributed gaming expansion opportunity

Story Highlights
  • Accel Entertainment is exploring entry into Chicago’s potential VGT market, expecting to leverage its existing gaming infrastructure and capabilities.
  • City analysis projects a Chicago VGT market could generate $1 billion in annual GGR, creating significant incremental income for operators over a decade-long ramp-up.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Accel Entertainment explores Chicago distributed gaming expansion opportunity

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Accel Entertainment ( (ACEL) ) has provided an update.

On January 8, 2026, Accel Entertainment announced it is evaluating opportunities to bring its distributed gaming and local entertainment model to the city of Chicago, following the city’s consideration of allowing Video Gaming Terminals (VGTs) in licensed locations. An analysis from the City Council Office of Financial Analysis projects that the proposed Chicago VGT framework could yield about $64 million in incremental annual tax revenue and support an estimated $1 billion in annual gross gaming revenue once fully ramped—over a period that may take up to 10 years—implying roughly $320 million in incremental net terminal income for VGT operators based on current revenue splits. Leveraging its strong balance sheet, existing infrastructure, and route management capabilities, Accel believes it is well positioned to participate in this potential market and is assessing capital deployment strategies, ramp timing, and cost structures, while monitoring regulatory developments and planning to update investors as the city’s VGT framework takes shape.

The most recent analyst rating on (ACEL) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Accel Entertainment stock, see the ACEL Stock Forecast page.

Spark’s Take on ACEL Stock

According to Spark, TipRanks’ AI Analyst, ACEL is a Outperform.

Accel Entertainment’s strong earnings call performance and strategic expansions in developing markets are the most significant factors driving the score. Financial performance is solid, with room for improvement in profitability and return on equity. Technical analysis presents a mixed outlook, while valuation is moderate. The company’s strategic initiatives and financial stability position it well for future growth.

To see Spark’s full report on ACEL stock, click here.

More about Accel Entertainment

Accel Entertainment, Inc. (NYSE: ACEL) is a growing, locals-focused gaming operator and one of the largest terminal operators in the United States, supporting more than 28,000 electronic gaming terminals in over 4,500 third-party local and regional establishments and 20 self-operated gaming locations across ten states, as well as owning and operating the Fairmount Park – Casino & Racing racino. Through exclusive long-term contracts, the company provides a turnkey, full-service, capital-efficient gaming solution—including manufacturing, content, payments, loyalty programs, 24/7 customer service, data analysis, and cash logistics—to non-casino venues such as bars, restaurants, convenience stores, truck stops, gaming cafes, and fraternal and veteran establishments.

Average Trading Volume: 386,460

Technical Sentiment Signal: Strong Buy

Current Market Cap: $961.1M

See more insights into ACEL stock on TipRanks’ Stock Analysis page.

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