Accel Entertainment unveiled plans for its racino at the horse track formerly known Fairmount Park during the Illinois Gaming Board meeting on Thursday, targeting an opening of its temporary casino before the Kentucky Derby next May.
Accel reached an agreement to purchase Fairmount Holdings, which owns the FanDuel Sportsbook & Horse Racing track in Collinsville, for $35 million in July. Accel plans to invest an additional $90 million in converting the venue into a single-site horse racing track as part of an eventual racino. It made its presentation to the IGB prior to the stage agency voting to transfer the organizational and master sports wagering licenses from Fairmount Holdings to Accel, with the sports wagering license also renewed through October 2028.