Accel’s Green Valley Deal Speeds Its E-Gaming Ambitions – Digital Transactions

Accel Entertainment Inc. will support approximately 600 gaming terminals located in Green Valley Grocery Convenience Store locations across Southern Nevada following an agreement announced early Monday between Accel’s Century Gaming Technologies Nevada unit and Green Valley.

Green Valley, which operates nearly 90 stores, is owned by Anabi Oil, an Upland, Calif.-based company that also owns the Rebel convenience-store chain, acquired in 2015. Rebel brought on Accel earlier this year as its gaming provider. Accel says it operated more than 4,000 Nevada-based gaming terminals altogether as of July 1. The devices allow users to play regulated games such as digital slot machines and video poker.

“Adding approximately 600 terminals across the Green Valley Grocery locations is a meaningful step for our Nevada business,” said Andy Rubenstein, chief executive at Accel Entertainment, in a statement. “Together with Rebel, we’re now supporting all Anabi-affiliated Southern Nevada locations, representing a concentrated, high-quality piece of our Nevada network that we intend to strategically invest in and grow.” The parties are not disclosing financial details of the Accel-Green Valley agreement.

The global electronic gaming market is growing fast. Estimated at $351.6 billion this year, it is expected to reach nearly $500 billion by 2033, a 5.1% compounded annual growth rate, according to Grandview Research. Last year, gaming-payments specialist Sightline Payments launched Sightline Debit, which includes a demand-deposit account and debit card service that lets players keep funds in a bank account and bet using a Visa-branded debit card.