Acquisition strengthens the company’s regional route business in The Bayou State
Accel Entertainment is expanding its presence in Louisiana with the acquisition of Rice Palace Truck Stop Casino.
Through subsidiary Toucan Gaming, Accel has acquired the assets of Rice Palace and South Louisiana Gaming, owner and operator of Rice Palace Truck Stop Casino, a video poker casino and truck stop business based in Crowley.
The transaction is consistent with Accel’s long-term focus on disciplined growth and accretive investments in the state. Financial details were not disclosed.
The acquisition of the Rice Palace facility add 50 video gaming devices (VGDs) to Accel’s expanding Louisiana route operations.
Toucan and Accel plan to scale the location’s capacity to 60 VGDs in the near term, representing an approximate 8 per cent increase to the 728 Louisiana route VGDs in operation at the end of Q1 2026.
“This accretive acquisition reflects our continued momentum in Louisiana and our confidence in the long-term growth potential of this market,” said Accel Entertainment CEO Andy Rubenstein. “Rice Palace has built a strong business grounded in local relationships, around-the-clock service, authentic local dining, and operational discipline, and we’re excited to welcome them to the Toucan Gaming family.
“Together, we look forward to investing in this location and delivering best-in-class gaming solutions to customers across southern Louisiana.”
Toucan Gaming CEO Stan Guidroz added: “With this agreement, Toucan is strengthening its scale and route footprint in our home state of Louisiana. Combined with our existing operations, this acquisition supports our strategy of disciplined expansion focused on great entertainment, operational excellence, technology deployment, and new location development.”
Shares in Accel Entertainment Inc (NYSE:ACEL) closed 1.48 per cent lower at $12.00 per share in New York Tuesday.