{"id":22,"date":"2024-06-11T01:44:45","date_gmt":"2024-06-10T22:44:45","guid":{"rendered":"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/"},"modified":"2024-06-12T10:29:29","modified_gmt":"2024-06-12T07:29:29","slug":"accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion","status":"publish","type":"post","link":"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/","title":{"rendered":"Accel Entertainment Reports Strong Q3 2022 Earnings with Significant Growth and Expansion"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/zVv7Tgs0-R4\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Accel Entertainment experienced a robust Q3 in 2022, generating an impressive $267 million in earnings. This represents a substantial 38% surge in comparison to the corresponding period the previous year.<\/p>\n<p>Their profitability also soared significantly! They achieved a net income of $22.4 million, exceeding double the amount earned during the third quarter of 2021. This translates to a remarkable 108% increase!<\/p>\n<p>Furthermore, Accel reported an adjusted EBITDA of $41.1 million for Q3 2022, marking a healthy 9% year-over-year growth.<\/p>\n<p>The company has been actively expanding its footprint, repurchasing a portion of its own shares \u2013 valued at $22.5 million \u2013 and deploying 68% more of its gaming machines into the market.<\/p>\n<p>It&#8217;s important to mention that their debt has risen \u2013 approximately 109% higher than the previous year. This is primarily attributed to a significant loan obtained for the acquisition of Century earlier this year.<\/p>\n<p>Regarding acquisitions, Accel has been on a buying spree. They secured gaming assets from Nevada-based operator VVS for $9.5 million and subsequently acquired River City Amusement Company&#8217;s assets for $2.8 million, all within the third quarter.<\/p>\n<p>Accel&#8217;s CEO, Andy Rubenstein, expressed satisfaction with the results. He underscored their dedication to expansion and emphasized the resilience of their localized market approach, particularly amidst inflationary pressures. He also alluded to promising growth prospects, specifically mentioning Nebraska and the possibility of further acquisitions in the future.<\/p>\n<p>Currently, a majority of Accel&#8217;s operations are concentrated in Illinois, Nevada, and Montana. Illinois stands out as their top-performing market, generating a substantial $2.009 billion in revenue during the third quarter. <\/p>\n<p>The Prairie State is a haven for slot enthusiasts!  Boasting significantly more venues than Montana and Nevada together, this proliferation is largely attributed to Accel Entertainment, an organization effectively blanketing Illinois with gaming terminals. Projections indicate that by the close of 2022, they are poised to reach nearly 23,000 devices across approximately 3,600 establishments. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Accel Entertainment experienced a robust Q3 in 2022, generating an impressive $267 million in earnings. This represents a substantial 38% surge in comparison to the corresponding period the previous year. Their profitability also soared significantly! They achieved a net income of $22.4 million, exceeding double the amount earned during the third quarter of 2021. This [&hellip;]<\/p>\n","protected":false},"author":109,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Accel Entertainment Crushes Q3 with 38% Revenue Surge!<\/title>\n<meta name=\"description\" content=\"Accel Entertainment reports explosive Q3 2022 earnings, with a 38% revenue jump to $267 million! Profits more than doubled, too. Find out why Accel is soaring.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Accel Entertainment Reports Strong Q3 2022 Earnings with Significant Growth and Expansion\" \/>\n<meta property=\"og:description\" content=\"Accel Entertainment reports explosive Q3 2022 earnings, with a 38% revenue jump to $267 million! Profits more than doubled, too. Find out why Accel is soaring.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Best of Online Casino Gaming | Licensed &amp; Thrilling\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-10T22:44:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-12T07:29:29+00:00\" \/>\n<meta name=\"author\" content=\"Athena &quot;Astra&quot; Sinclair\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Athena &quot;Astra&quot; Sinclair\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/\"},\"author\":{\"name\":\"Athena \\\"Astra\\\" Sinclair\",\"@id\":\"https:\/\/tashirodc.com\/#\/schema\/person\/c8c3a62b69017a5fc879d27a60233b55\"},\"headline\":\"Accel Entertainment Reports Strong Q3 2022 Earnings with Significant Growth and Expansion\",\"datePublished\":\"2024-06-10T22:44:45+00:00\",\"dateModified\":\"2024-06-12T07:29:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/\"},\"wordCount\":307,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/tashirodc.com\/#organization\"},\"articleSection\":[\"Gambling\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/\",\"url\":\"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/\",\"name\":\"Accel Entertainment Crushes Q3 with 38% Revenue Surge!\",\"isPartOf\":{\"@id\":\"https:\/\/tashirodc.com\/#website\"},\"datePublished\":\"2024-06-10T22:44:45+00:00\",\"dateModified\":\"2024-06-12T07:29:29+00:00\",\"description\":\"Accel Entertainment reports explosive Q3 2022 earnings, with a 38% revenue jump to $267 million! Profits more than doubled, too. Find out why Accel is soaring.\",\"breadcrumb\":{\"@id\":\"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/tashirodc.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Accel Entertainment Reports Strong Q3 2022 Earnings with Significant Growth and Expansion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tashirodc.com\/#website\",\"url\":\"https:\/\/tashirodc.com\/\",\"name\":\"Experience the Best of Online Casino Gaming | Licensed &amp; Thrilling\",\"description\":\"Indulge in the excitement of licensed online gambling with our fresh news, detailed reviews, and informative articles. Elevate your gaming journey at our trusted casino platform.\",\"publisher\":{\"@id\":\"https:\/\/tashirodc.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tashirodc.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/tashirodc.com\/#organization\",\"name\":\"Experience the Best of Online Casino Gaming | Licensed &amp; Thrilling\",\"url\":\"https:\/\/tashirodc.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/tashirodc.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/tashirodc.com\/wp-content\/uploads\/sites\/4\/2024\/06\/free-icon-five-stars-e1718096048770.png\",\"contentUrl\":\"https:\/\/tashirodc.com\/wp-content\/uploads\/sites\/4\/2024\/06\/free-icon-five-stars-e1718096048770.png\",\"width\":150,\"height\":150,\"caption\":\"Experience the Best of Online Casino Gaming | Licensed &amp; Thrilling\"},\"image\":{\"@id\":\"https:\/\/tashirodc.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/tashirodc.com\/#\/schema\/person\/c8c3a62b69017a5fc879d27a60233b55\",\"name\":\"Athena \\\"Astra\\\" Sinclair\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/tashirodc.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/tashirodc.com\/wp-content\/uploads\/sites\/4\/2024\/06\/woman-avatar-96x96.png\",\"contentUrl\":\"https:\/\/tashirodc.com\/wp-content\/uploads\/sites\/4\/2024\/06\/woman-avatar-96x96.png\",\"caption\":\"Athena \\\"Astra\\\" Sinclair\"},\"description\":\"Holding a Bachelor's degree in Mathematics and a Master's in Psychology, this skilled author has a passion for using mathematical and psychological methods to investigate the cognitive and behavioral aspects of gambling and to develop evidence-based interventions for preventing and treating gambling addiction. They have expertise in cognitive psychology, behavioral modeling, and clinical trials, which they apply to the study of the psychological factors influencing gambling behavior and the development of effective prevention and treatment programs for problem gambling. Their articles and news pieces provide readers with a psychological and mathematical perspective on the casino industry and the strategies used to promote responsible and healthy gambling practices.\",\"url\":\"https:\/\/tashirodc.com\/author\/rewter\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Accel Entertainment Crushes Q3 with 38% Revenue Surge!","description":"Accel Entertainment reports explosive Q3 2022 earnings, with a 38% revenue jump to $267 million! Profits more than doubled, too. Find out why Accel is soaring.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/","og_locale":"en_GB","og_type":"article","og_title":"Accel Entertainment Reports Strong Q3 2022 Earnings with Significant Growth and Expansion","og_description":"Accel Entertainment reports explosive Q3 2022 earnings, with a 38% revenue jump to $267 million! Profits more than doubled, too. Find out why Accel is soaring.","og_url":"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/","og_site_name":"Experience the Best of Online Casino Gaming | Licensed &amp; Thrilling","article_published_time":"2024-06-10T22:44:45+00:00","article_modified_time":"2024-06-12T07:29:29+00:00","author":"Athena \"Astra\" Sinclair","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Athena \"Astra\" Sinclair","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/#article","isPartOf":{"@id":"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/"},"author":{"name":"Athena \"Astra\" Sinclair","@id":"https:\/\/tashirodc.com\/#\/schema\/person\/c8c3a62b69017a5fc879d27a60233b55"},"headline":"Accel Entertainment Reports Strong Q3 2022 Earnings with Significant Growth and Expansion","datePublished":"2024-06-10T22:44:45+00:00","dateModified":"2024-06-12T07:29:29+00:00","mainEntityOfPage":{"@id":"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/"},"wordCount":307,"commentCount":0,"publisher":{"@id":"https:\/\/tashirodc.com\/#organization"},"articleSection":["Gambling"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/","url":"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/","name":"Accel Entertainment Crushes Q3 with 38% Revenue Surge!","isPartOf":{"@id":"https:\/\/tashirodc.com\/#website"},"datePublished":"2024-06-10T22:44:45+00:00","dateModified":"2024-06-12T07:29:29+00:00","description":"Accel Entertainment reports explosive Q3 2022 earnings, with a 38% revenue jump to $267 million! Profits more than doubled, too. Find out why Accel is soaring.","breadcrumb":{"@id":"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/tashirodc.com\/2024\/06\/11\/accel-entertainment-reports-strong-q3-2022-earnings-with-significant-growth-and-expansion\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/tashirodc.com\/"},{"@type":"ListItem","position":2,"name":"Accel Entertainment Reports Strong Q3 2022 Earnings with Significant Growth and Expansion"}]},{"@type":"WebSite","@id":"https:\/\/tashirodc.com\/#website","url":"https:\/\/tashirodc.com\/","name":"Experience the Best of Online Casino Gaming | Licensed &amp; Thrilling","description":"Indulge in the excitement of licensed online gambling with our fresh news, detailed reviews, and informative articles. Elevate your gaming journey at our trusted casino platform.","publisher":{"@id":"https:\/\/tashirodc.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tashirodc.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/tashirodc.com\/#organization","name":"Experience the Best of Online Casino Gaming | Licensed &amp; Thrilling","url":"https:\/\/tashirodc.com\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/tashirodc.com\/#\/schema\/logo\/image\/","url":"https:\/\/tashirodc.com\/wp-content\/uploads\/sites\/4\/2024\/06\/free-icon-five-stars-e1718096048770.png","contentUrl":"https:\/\/tashirodc.com\/wp-content\/uploads\/sites\/4\/2024\/06\/free-icon-five-stars-e1718096048770.png","width":150,"height":150,"caption":"Experience the Best of Online Casino Gaming | Licensed &amp; Thrilling"},"image":{"@id":"https:\/\/tashirodc.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/tashirodc.com\/#\/schema\/person\/c8c3a62b69017a5fc879d27a60233b55","name":"Athena \"Astra\" Sinclair","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/tashirodc.com\/#\/schema\/person\/image\/","url":"https:\/\/tashirodc.com\/wp-content\/uploads\/sites\/4\/2024\/06\/woman-avatar-96x96.png","contentUrl":"https:\/\/tashirodc.com\/wp-content\/uploads\/sites\/4\/2024\/06\/woman-avatar-96x96.png","caption":"Athena \"Astra\" Sinclair"},"description":"Holding a Bachelor's degree in Mathematics and a Master's in Psychology, this skilled author has a passion for using mathematical and psychological methods to investigate the cognitive and behavioral aspects of gambling and to develop evidence-based interventions for preventing and treating gambling addiction. They have expertise in cognitive psychology, behavioral modeling, and clinical trials, which they apply to the study of the psychological factors influencing gambling behavior and the development of effective prevention and treatment programs for problem gambling. Their articles and news pieces provide readers with a psychological and mathematical perspective on the casino industry and the strategies used to promote responsible and healthy gambling practices.","url":"https:\/\/tashirodc.com\/author\/rewter\/"}]}},"_links":{"self":[{"href":"https:\/\/tashirodc.com\/wp-json\/wp\/v2\/posts\/22"}],"collection":[{"href":"https:\/\/tashirodc.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tashirodc.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tashirodc.com\/wp-json\/wp\/v2\/users\/109"}],"replies":[{"embeddable":true,"href":"https:\/\/tashirodc.com\/wp-json\/wp\/v2\/comments?post=22"}],"version-history":[{"count":1,"href":"https:\/\/tashirodc.com\/wp-json\/wp\/v2\/posts\/22\/revisions"}],"predecessor-version":[{"id":31,"href":"https:\/\/tashirodc.com\/wp-json\/wp\/v2\/posts\/22\/revisions\/31"}],"wp:attachment":[{"href":"https:\/\/tashirodc.com\/wp-json\/wp\/v2\/media?parent=22"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tashirodc.com\/wp-json\/wp\/v2\/categories?post=22"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tashirodc.com\/wp-json\/wp\/v2\/tags?post=22"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}