Sat. Jul 6th, 2024

Accel Entertainment Acquires Century Gaming in a $1.64 Billion Deal

Accel Entertainment just cannonballed into the US gaming world, purchasing Century Gaming for a hefty $1.642 billion. This action represents a significant enlargement for Accel and arrives at a critical juncture as the firm, similar to many in the sector, is still recovering from the pandemic’s effects. This reality was apparent in their latest first-quarter financial report.

So, what does Century contribute? Plenty! We’re discussing over 8,300 gaming machines, supplementing Accel’s current network. Furthermore, Century possesses a solid presence in Montana and Nevada, boasting over 900 venues encompassing pubs, bars, truck stops, and even corner shops.

However, it’s not solely about the figures. This agreement also brings Century’s development and production skills under the Accel banner. This encompasses their well-known Grand Vision Gaming (GVG) label and their distinctive incentive schemes like i-Rewards and Gamblers Bonus.

The positive news is that Century’s executive team, including Chief Executive Steve Arntzen, will remain for this thrilling new phase as members of the Accel family.

Arntzen conveyed his excitement regarding the acquisition, declaring that Accel is the ideal collaborator to assist them in speeding up their expansion and introducing advanced technology to the gaming market. He stressed their dedication to delivering first-rate products and assistance to both vendors and users.

The head of Accel, Andy Rubin, expressed his enthusiasm, noting, “This collaboration with Century presents a remarkable chance to broaden our footprint in the Western United States, a region we’ve been targeting for a while.”

Rubin added, “Steve, Heidi, and Mel have cultivated an exceptional group at Century. They are the ideal collaborators to guide us into this promising territory and propel expansion.”

author

By Michael "Maverick" Johnson

Holding a Master's degree in Applied Mathematics and a Bachelor's in Computer Science, this versatile writer has a strong foundation in various mathematical disciplines. They have a keen interest in the application of discrete mathematics, algebra, and graph theory in the development of casino games and gaming strategies. Their articles and reviews offer a unique perspective on the mathematical underpinnings of popular casino games, making complex concepts accessible to a wide audience.

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