Accel Entertainment Closes Acquisition of Owner of FanDuel Sportsbook & Racetrack

MT Newswires Live

2024/12/03

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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