Accel Entertainment (ACEL) Announces Expansion into Louisiana
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Accel Entertainment Announces Expansion into Louisiana
November 5, 2024 7:52 AM ESTCHICAGO--(BUSINESS WIRE)-- Accel Entertainment, Inc. (NYSE: ACEL) (Accel or the Company), a leading distributed gaming operator, today announced that it has completed the acquisition of 85% of the ownership interests of Toucan Gaming, LLC and LSM Gaming, LLC, two Louisiana-based route operators and owners of multiple licensed video poker establishments (collectively, Toucan), for approximately $40 million. The combined business will operate as Toucan Gaming throughout Louisiana and will be led by Stan Guidroz, an industry-leading gaming executive and current CEO of Toucan Gaming. Mr. Guidroz owns the remaining 15% of Toucans ownership interests and will lead the... More
