Accel Entertainment (ACEL) announced that it has completed the acquisition of 85% of the ownership interests of Toucan Gaming, and LSM Gaming, two Louisiana-based route operators and owners of multiple licensed video poker establishments, for approximately $40M. The combined business will operate as Toucan Gaming throughout Louisiana and will be led by Stan Guidroz, a gaming executive and current CEO of Toucan Gaming. Guidroz owns the remaining 15% of Toucan’s ownership interests and will lead the Accel team supporting Toucan’s continued growth.
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