Accel Entertainment has completed the acquisition of 85 per cent of the ownership interests of Toucan Gaming and LSM Gaming.
The acquisition of the two Louisiana-based route operators and owners of multiple licensed video poker establishments cost approximately US$40m.
The combined business will operate as Toucan Gaming throughout Louisiana and will be led by Stan Guidroz, an industry-leading gaming executive and current CEO of Toucan Gaming.
Guidroz owns the remaining 15% of Toucan’s ownership interests and will lead the Accel team supporting Toucan’s continued growth.
“Today’s announcement with Accel is an exciting next step for the evolution of Toucan Gaming,” said Guidroz. “By partnering with an industry leader like Accel, we can quickly accelerate our growth plans and leverage the many benefits that increased innovation and scale brings to our establishment owners and playing customers.
“We could not be more thrilled to become a part of the Accel family and look forward to bolstering Accel’s presence in the southeastern US market under the Toucan brand.”
