Curated News
By: NewsRamp Editorial Staff
September 11, 2025
Accel Entertainment Secures $900M Credit Facility for Gaming Expansion
TLDR
- Accel Entertainment secured a $900 million credit facility to enhance liquidity, reduce capital costs, and invest in growth opportunities, strengthening its competitive edge in gaming operations.
- The $900 million facility includes a $300 million revolving credit and $600 million term loan, both with five-year terms, used to refinance existing debt and support operations.
- This financing supports Accel's expansion of gaming and entertainment options, creating jobs and enhancing community-focused venues across ten states for local establishments.
- Accel Entertainment, operating over 27,000 gaming terminals, just closed a major $900 million credit deal to fuel its growth in the dynamic gaming industry.
Impact - Why it Matters
This significant financial move matters because it signals strong confidence in the growing gaming and entertainment sector, particularly in the locals-focused market that serves communities beyond traditional casinos. For investors, it demonstrates Accel's financial stability and growth potential in an industry that continues to expand as more states legalize gaming. For the broader economy, such large-scale financing supports job creation and economic development in the hospitality and entertainment sectors. The reduced cost of capital and enhanced liquidity position Accel to potentially expand its operations, bringing more gaming options to local establishments while maintaining competitive services and innovation in an increasingly digital entertainment landscape.
Summary
Accel Entertainment, a major player in the locals-focused gaming industry and one of the largest terminal operators in the United States, has secured a massive $900 million senior secured credit facility. The financing package consists of a $300 million revolving credit facility and a $600 million term loan, both with five-year terms. This strategic move was orchestrated by a syndicated group of banks including CIBC Bank USA as Administrative Agent and Lead Arranger, with Fifth Third Bank, JPMorgan Chase Bank, U.S. Bank National Association, and Truist Securities serving as Joint Lead Arrangers.
CEO Andy Rubenstein emphasized that this financing enhances the company's liquidity profile while reducing its cost of capital for future years. The initial borrowings were used to repay and terminate all outstanding commitments under Accel's previous credit agreement. This new financial structure positions Accel to continue investing in its distributed gaming operations, including its Fairmount Park Casino & Racing venue, while pursuing targeted growth opportunities and maintaining a strong balance sheet to enhance shareholder value.
As a growing provider supporting over 27,000 electronic gaming terminals across 4,400 third-party establishments and 20 self-operated locations in ten states, Accel offers a comprehensive turnkey gaming solution that includes manufacturing, content, payments, loyalty programs, and 24/7 customer service. The company's recent expansion includes the opening of Fairmount Park in April 2025, which features over 270 gaming machines, sports betting, and thoroughbred horse racing, further solidifying its position in the competitive gaming landscape.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Accel Entertainment Secures $900M Credit Facility for Gaming Expansion
