Accel Entertainment, Inc. (ACEL): The Best Casino Stock To Buy According to Analysts? [Yahoo! Finance]
Accel Entertainment, Inc. (ACEL)
Company Research
Source: Yahoo! Finance
A Quick Recap of the Global Gambling Industry The world has seen a rapid growth in online gambling recently, which is fueled by the legalization of sports betting around in many countries. The United States ban on sports betting was lifted in 2018 since then many states have moved to allow such activities online as well. Makers of FanDuel and BetMGM have flooded the United States market with promotional content and advertising targeted at sports fans, encouraging them to participate in their fantasy leagues. Sports betting companies use various marketing techniques to cash in the sports seasons. In one of the BetMGM promotions, its brand ambassador Jamie Foxx, a movie star, encouraged sports fans to try betting on various outcomes in the game. The advertisements have been working well to drive revenue for the companies. As per the American Gaming Association, in 2023, online sports bookmakers took more than $114 billion in Bets. Moreover, the US revenue from online sports betti
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ACEL
News
- Can Accel Entertainment (ACEL) Run Higher on Rising Earnings Estimates? [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy Accel Entertainment (ACEL) Stock? [Yahoo! Finance]Yahoo! Finance
- Are Consumer Discretionary Stocks Lagging Accel Entertainment (ACEL) This Year? [Yahoo! Finance]Yahoo! Finance
- We Like Accel Entertainment's (NYSE:ACEL) Earnings For More Than Just Statutory Profit [Yahoo! Finance]Yahoo! Finance
- Accel Entertainment Announces Expansion into LouisianaBusiness Wire
ACEL
Earnings
- 10/30/24 - Miss
ACEL
Sec Filings
- 11/19/24 - Form 4
- 11/15/24 - Form 144
- 11/15/24 - Form 144
- ACEL's page on the SEC website