Accel Entertainment Closes Acquisition of Owner of FanDuel Sportsbook & Racetrack-March 2024-www.financetom.com

Accel Entertainment Closes Acquisition of Owner of FanDuel Sportsbook & Racetrack

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Accel Entertainment Closes Acquisition of Owner of FanDuel Sportsbook & Racetrack

Dec 2, 2024 3:16 PM

05:59 PM EST, 12/02/2024 (MT Newswires) -- Accel Entertainment ( ACEL ) said late Monday it closed the acquisition of Fairmount Holdings, the owner of the FanDuel Sportsbook & Racetrack in Collinsville, Illinois, for 3.45 million Accel class A-1 common shares.

Accel intends to spend $85 million to $95 million to fund casino construction and "modest" track investments.

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