Accel Entertainment, Inc. (ACEL)

Competitors to Accel Entertainment, Inc. (ACEL)

DraftKings Inc. 

DraftKings operates predominantly in the online sports betting and daily fantasy sports arenas. They offer digital platforms that appeal to a younger, tech-savvy demographic. While Accel focuses on physical video gaming terminals in the regulated markets, DraftKings leverages their innovative online presence and marketing strategies to capture a significant share of the emerging sports betting market. In this context, DraftKings’ ability to adapt to market trends and their significant investments in technology give them a competitive advantage in the rapidly evolving gaming landscape.

Everi Holdings Inc. 

Everi Holdings is a technology provider for the gaming industry, delivering gaming machines, financial technology, and software solutions. They compete with Accel Entertainment by offering a wider array of gaming products and services, including cash handling solutions and loyalty programs. Everi's established position in both land-based and online gaming markets creates a competitive edge, enabling them to appeal to a more extensive customer base beyond just video gaming terminals.

Penn National Gaming, Inc. 

Penn National Gaming operates a wide range of casinos and racetracks, and recently entered the online gaming space through its Barstool Sportsbook brand. They compete with Accel by providing a more diversified gaming experience that includes both physical and online options. Penn National's extensive portfolio and established brand recognition in the gaming industry give them an advantage in drawing a customer base that seeks comprehensive gaming and entertainment solutions beyond just video gaming terminals.

Scientific Games Corporation

Scientific Games Corporation operates in the gaming industry, providing technology and services for lotteries and regulated gaming operators. They compete with Accel Entertainment primarily through their extensive game offerings, lottery systems, and sports betting solutions. While Accel focuses on video gaming terminals primarily in the Illinois market, Scientific Games has a broader reach with international lottery and gaming capabilities, giving them a significant advantage in terms of market diversification and brand recognition within various gaming sectors.