Accel Entertainment: Chicago Is Delayed, But The Investment Thesis Is Intact

Impact · against what's priced in

The stock remains a value play based on core business stability, but the Chicago rollout delay pushes back the timeline for the higher price target. While the potential for 43.5% market share is positive, the current low EV/EBITDA multiple suggests the market is already discounting the regulatory uncertainty.

ACEL−0.10

No priced-in read yet

In context

Regulatory delays in the Chicago VGT rollout postpone the catalyst for a $16 price target, though the company's current EV/EBITDA multiples of 5.3-5.8x suggest the market has already priced in significant regulatory overhang.

Read from the article alone

• valuation
• ACEL
• acquisitions
• casinos
• chicago
• ev ebitda
• gaming
• regulatory delay

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