Accel Entertainment (ACEL) 10-K 16 Mar 21 2020 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Mar. 12, 2021	Jun. 30, 2020
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2020
Current Fiscal Year End Date	--12-31
Entity File Number	001-38136
Entity Registrant Name	Accel Entertainment, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	98-1350261
Entity Address, Address Line One	140 Tower Drive
Entity Address, City or Town	Burr Ridge
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60527
City Area Code	630
Local Phone Number	972-2235
Title of 12(b) Security	Class A-1 Common Stock, par value $.0001 per share
Trading Symbol	ACEL
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Public Float			$ 332.2
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Entity Central Index Key	0001698991
Entity Common Stock, Shares Outstanding		93,379,508
Documents Incorporated by Reference	Portions of the registrant’s definitive Proxy Statement for its 2021 Annual Meeting of Stockholders are incorporated by reference into Part III of this Annual Report on Form 10-K where indicated. Such Proxy Statement will be filed with the Securities and Exchange Commission within 120 days of the registrant's fiscal year ended December 31, 2020.
ICFR Auditor Attestation Flag	false

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS and COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Net revenues		$ 316,352	$ 428,696	$ 335,081
Operating expenses:
Cost of revenue (exclusive of depreciation and amortization expense shown below)		211,086	282,008	217,457
General and administrative		77,420	69,330	54,295
Depreciation and amortization of property and equipment		20,969	26,398	20,782
Amortization of route and customer acquisition costs and location contracts acquired		22,608	17,975	14,681
Other expenses, net		8,948	19,649	2,997
Total operating expenses		341,031	415,360	310,212
Operating (loss) income		(24,679)	13,336	24,869
Interest expense, net		13,707	12,860	9,644
(Gain)/loss on change in fair value of contingent earnout shares		(8,484)	9,837	0
Loss on debt extinguishment		0	1,141	0
(Loss) income before income tax (benefit) expense		(29,902)	(10,502)	15,225
Income tax (benefit) expense		(16,918)	5,199	4,422
Net (loss) income		$ (12,984)	$ (15,701)	$ 10,803
Earnings (loss) per share:
Net (loss) income per common share - basic (in usd per share)	[1]	$ (0.16)	$ (0.25)	$ 0.19
Net (loss) income per common share - diluted (in usd per share)	[1]	$ (0.16)	$ (0.25)	$ 0.17
Weighted average number of shares outstanding:
Weighted average number of shares outstanding - basic (in shares)	[1]	83,045,000	61,850,000	57,621,000
Weighted average number of shares outstanding - diluted (in shares)	[1]	83,045,000	61,850,000	62,182,000
Comprehensive (loss) income
Net (loss) income		$ (12,984)	$ (15,701)	$ 10,803
Unrealized gain on investment in convertible notes (net of income taxes of $36)		93	0	0
Comprehensive (loss) income		(12,891)	(15,701)	10,803
Net gaming
Net revenues		300,520	410,636	321,711
Amusement
Net revenues		9,247	9,749	7,001
ATM fees and other revenue
Net revenues		$ 6,585	$ 8,311	$ 6,369
[1]	Per share and share amounts for 2018 have been retroactively restated to give effect to the reverse recapitalization that is discussed in Note 3.

CONSOLIDATED STATEMENTS OF OP_2

CONSOLIDATED STATEMENTS OF OPERATIONS and COMPREHENSIVE (LOSS) INCOME (Parenthetical) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)
Income Statement [Abstract]
Tax on unrealized gain on convertible notes	$ 36

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 134,451	$ 125,403
Prepaid expenses	5,549	4,151
Income taxes receivable	3,341	3,907
Investment in convertible notes (current)	0	11,000
Other current assets	8,643	7,034
Total current assets	151,984	151,495
Property and equipment, net	143,565	119,201
Other assets:
Route and customer acquisition costs, net	15,251	17,399
Location contracts acquired, net	167,734	166,783
Goodwill	45,754	34,511
Investment in convertible notes, less current portion	30,129	19,000
Deferred income tax asset	3,824	0
Other assets	2,000	928
Total other assets	264,692	238,621
Total assets	560,241	509,317
Current liabilities:
Current maturities of debt	18,250	15,000
Current portion of route and customer acquisition costs payable	1,608	1,700
Accrued location gaming expense	0	1,323
Accrued state gaming expense	0	7,119
Accounts payable and other accrued expenses	23,666	17,110
Accrued compensation and related expenses	5,853	2,401
Current portion of consideration payable	3,013	10,293
Total current liabilities	52,390	54,946
Long-term liabilities:
Debt, net of current maturities	321,891	334,692
Route and customer acquisition costs payable, less current portion	4,064	4,752
Consideration payable, less current portion	20,943	16,426
Contingent earnout share liability	33,069	61,478
Deferred income tax liability	0	12,976
Total long-term liabilities	379,967	430,324
Stockholders’ equity:
Preferred Stock, par value of $0.0001; 1,000,000 shares authorized; 0 shares issued and outstanding at December 31, 2020 and December 31, 2019	0	0
Class A-1 Common Stock, par value $0.0001; 250,000,000 shares authorized; 93,379,508 shares issued and outstanding at December 31, 2020; 76,637,470 shares issued and outstanding at December 31, 2019	9	8
Additional paid-in capital	171,073	54,346
Accumulated other comprehensive income	93	0
Accumulated deficit	(43,291)	(30,307)
Total stockholders' equity	127,884	24,047
Total liabilities and stockholders' equity	$ 560,241	$ 509,317

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value (in usd per share)	$ 0.0001	$ 0.0001
Preferred stock, authorized (in shares)	1,000,000	1,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in usd per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	250,000,000	250,000,000
Common stock, shares issued (in shares)	93,379,508	76,637,470
Common stock, shares outstanding (in shares)	93,379,508	76,637,470

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($) $ in Thousands	Total	Adjustment	Common StockClass A-1 Common Stock	Additional Paid-In Capital	Treasury Stock	Note Receivable, Stockholder	Accumulated Other Comprehensive Income	Accumulated Deficit	Accumulated DeficitAdjustment
Beginning balance (in shares) at Dec. 31, 2017			58,459,396		0
Beginning balance at Dec. 31, 2017	$ 44,534		$ 6	$ 75,801	$ 0	$ (3,268)		$ (28,005)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Repurchase of common stock (in shares)					(694,726)
Repurchase of common and preferred stock	$ (3,343)				$ (3,343)
Exercise of common stock options (in shares)	284,642		31,885		252,981
Exercise of common stock options	$ 396			(782)	$ 1,178
Receipt of stock previously issued pursuant to acquisition into treasury (in shares)					(67,998)
Receipt of stock previously issued pursuant to acquisition into treasury	(399)				$ (399)
Reclassification of contingent stock consideration	4,674			4,674
Settlement of note receivable issued (in shares)					(802,137)
Settlement of note receivable issued					$ (3,268)	3,268
Stock-based compensation	453			453
Unrealized gain on investment in convertible notes	0
Net (loss) income	10,803							10,803
Ending balance (in shares) at Dec. 31, 2018			58,491,281		(1,311,880)
Ending balance at Dec. 31, 2018	$ 57,118	$ 2,596	$ 6	80,146	$ (5,832)	$ 0		(17,202)	$ 2,596
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update [Extensible List]	us-gaap:AccountingStandardsUpdate201409Member
Exercise of common stock options (in shares)	2,590,274		342,139		1,244,725
Exercise of common stock options	$ 3,225			(4,299)	$ 7,524
Exercise of warrants (in shares)			3,229,295		46,409
Exercise of warrants	3,392			3,165	$ 227
Stock-based compensation	2,236			2,236
Contributed capital, professional service fees paid by shareholder	2,891			2,891
Shares exchanged for withholding on stock options and shares repurchased (in shares)					(906,128)
Shares exchanged for withholding on stock options and shares repurchased	(9,331)				$ (9,331)
Net equity deficit from reverse recapitalization [as restated]	(22,379)		$ 2	(29,793)	$ 7,412
Net equity infusion from reverse recapitalization (in shares)			14,574,755		926,874
Unrealized gain on investment in convertible notes	0
Net (loss) income	(15,701)							(15,701)
Ending balance (in shares) at Dec. 31, 2019			76,637,470		0
Ending balance at Dec. 31, 2019	24,047		$ 8	54,346	$ 0		$ 0	(30,307)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	15,440
Ending balance at Mar. 31, 2020	59,707
Beginning balance (in shares) at Dec. 31, 2019			76,637,470		0
Beginning balance at Dec. 31, 2019	24,047		$ 8	54,346	$ 0		0	(30,307)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(13,008)
Ending balance at Jun. 30, 2020	32,945
Beginning balance (in shares) at Dec. 31, 2019			76,637,470		0
Beginning balance at Dec. 31, 2019	24,047		$ 8	54,346	$ 0		0	(30,307)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(4,464)
Ending balance at Sep. 30, 2020	122,283
Beginning balance (in shares) at Dec. 31, 2019			76,637,470		0
Beginning balance at Dec. 31, 2019	24,047		$ 8	54,346	$ 0		0	(30,307)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Conversion of A-2 to A-1 (in shares)			1,666,636
Conversion of Class A-2 Common Stock to Class A-1 Common Stock	$ 19,924			19,924
Exercise of common stock options (in shares)	359,987		359,987
Exercise of common stock options	$ 839			839
Exercise of warrants (in shares)	190,575		510
Exercise of warrants	$ 4			4
Exchange of warrants for common stock (in shares)			5,581,890
Exchange of warrants for common stock	1			1
Issuance of common stock (in shares)			9,133,015
Issuance of common stock, net	90,422		$ 1	90,421
Stock-based compensation	5,538			5,538
Unrealized gain on investment in convertible notes	93						93
Net (loss) income	(12,984)							(12,984)
Ending balance (in shares) at Dec. 31, 2020			93,379,508
Ending balance at Dec. 31, 2020	127,884		$ 9	$ 171,073			$ 93	$ (43,291)
Beginning balance at Mar. 31, 2020	59,707
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(28,448)
Ending balance at Jun. 30, 2020	32,945
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	8,544
Ending balance at Sep. 30, 2020	$ 122,283

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities:
Net (loss) income	$ (12,984)	$ (15,701)	$ 10,803
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization of property and equipment	20,969	26,398	20,782
Amortization of route and customer acquisition costs and location contracts acquired	22,608	17,975	14,681
Amortization of debt issuance costs	2,064	655	394
Contributed capital, professional service fees paid by shareholder	0	2,891	0
Stock-based compensation	5,538	2,236	453
(Gain)/loss on change in fair value of contingent earnout shares	(8,484)	9,837	0
Loss on disposal of property and equipment	47	100	61
Loss on write-off of route and customer acquisition costs and route and customer acquisition costs payable	910	342	516
Loss on debt extinguishment	0	1,141	0
Remeasurement of contingent consideration	(584)	6,723	852
Payments on consideration payable	(1,766)	0	0
Accretion of interest on route and customer acquisition costs payable, contingent consideration, and contingent stock consideration	2,030	1,623	912
Deferred income taxes	(16,836)	4,081	4,300
Changes in operating assets and liabilities, net of acquisition of businesses:
Prepaid expenses and other current assets	(2,904)	(3,507)	(491)
Income taxes receivable	566	(1,804)	(1,436)
Route and customer acquisition costs	(603)	(5,438)	(3,719)
Route and customer acquisition costs payable	(780)	(1,342)	(956)
Accounts payable and accrued expenses	(16,876)	(899)	(1,749)
Accrued compensation and related expenses	3,452	494	(900)
Consideration payable	0	0	(196)
Other assets	(72)	(240)	36
Net cash (used in) provided by operating activities	(3,705)	45,565	44,343
Cash flows from investing activities:
Purchases of property and equipment	(25,761)	(20,796)	(23,246)
Proceeds from the sale of property and equipment	394	121	1,173
Payments for location contracts acquired	0	0	(80)
Purchase of investment in convertible notes	0	(30,000)	0
Payments on consideration payable	(299)	0	0
Business and asset acquisitions, net of cash acquired	(35,769)	(100,857)	(51,394)
Net cash used in investing activities	(61,435)	(151,532)	(73,547)
Cash flows from financing activities:
Proceeds from term loan	0	240,000	46,250
Payments on term loan	(12,000)	(115,625)	(11,625)
Proceeds from delayed draw term loans	65,000	169,000	75,000
Payments on delayed draw term loans	(5,438)	(159,000)	(59,000)
Net (payments on) proceeds from line of credit	(58,500)	(8,500)	3,000
Payments for debt issuance costs	(677)	(9,374)	(533)
Payments for repurchase of common shares	0	0	(3,343)
Proceeds from issuance of common stock, net	90,422	0	0
Proceeds from exercise of stock options and warrants	847	3,583	396
Payments on consideration payable	(5,448)	(2,321)	(814)
Payments on capital lease obligation	0	(531)	(3,276)
Net increase in outstanding checks in excess of bank balance	0	0	67
Proceeds from capital infusion in reverse recapitalization	0	27,030	0
Tax withholding on share-based payments	(18)	(5,121)	0
Net cash provided by financing activities	74,188	139,141	46,122
Net increase in cash and cash equivalents	9,048	33,174	16,918
Cash and cash equivalents:
Beginning of year	125,403	92,229	75,311
End of year	134,451	125,403	92,229
Supplemental disclosures of cash flow information:
Interest, net of amount of capitalized	12,854	12,024	8,719
Income taxes paid	0	1,759	1,594
Supplemental schedules of noncash investing and financing activities:
Purchases of property and equipment in accounts payable and accrued liabilities	14,992	11,501	2,243
Common stock offering costs in accounts payable and accrued liabilities	364	0	0
Less impact from conversion of treasury stock and issuance of warrants	(19,924)	0	0
Reclassification of contingent stock consideration from liabilities to equity	0	0	2,575
Acquisition of businesses and assets:
Total identifiable net assets acquired	39,731	119,178	63,745
Less cash acquired	(716)	(8,861)	(3,633)
Less contingent consideration	(3,246)	(7,216)	(5,350)
Less promissory note	0	(2,244)	(3,368)
Cash purchase price	$ 35,769	$ 100,857	$ 51,394

Description of Business

Description of Business	12 Months Ended
	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business Accel Entertainment, Inc. and its subsidiaries (“ the Company ”) wholly owned subsidiary, Accel Entertainment Gaming LLC, is a terminal operator licensed by the State of Illinois Gaming Board (“IGB”) since March 15, 2012. Its Illinois terminal operator license allows the Company to install and operate video gaming terminals (“VGTs”) in licensed video gaming locations throughout the State of Illinois as approved by individual municipalities. The Company also operates redemption terminals, which also function as automated teller machines (“ATMs”) at its licensed video gaming locations, and amusement equipment at certain locations. The Company's terminal operator license in Illinois, which is not transferable or assignable, requires compliance with applicable regulations and the license is renewable annually unless sooner cancelled or terminated. In July 2020, the Georgia Lottery Corporation approved one of the Company's consolidated subsidiaries as a licensed operator, or a Master Licensee, which allows the Company to begin the installation and operation of coin operated amusement machines for commercial use by the public for play throughout the State of Georgia . The Company is subject to various federal, state and local laws and regulations in addition to gaming regulations. The Company operates 12,247 and 10,499 VGTs across 2,435 and 2,312 locations in the State of Illinois as of December 31, 2020 and 2019, respectively. On November 20, 2019, TPG Pace Holdings Corp., (“TPG Holdings”) entered into a Transaction Agreement with each of the stockholders of Accel Entertainment, Inc. (“Accel”). Pursuant to the Transaction Agreement and in connection therewith, TPG Holdings acquired, directly or indirectly, all of the issued and outstanding shares of common stock and preferred stock from the Accel stockholders. In connection with the closing of the transaction, TPG Holdings changed its name to Accel Entertainment, Inc. This transaction was accounted for as a reverse recapitalization. For more information on this transaction, see Note 4. The Company is an “emerging growth company” under the Jumpstart Our Business Startups Act of 2012 (“ JOBS Act ”) following the consummation of the merger of TPG Pace Holding Corp. and Accel Entertainment, Inc. The Company has elected to use this extended transition period for complying with new or revised accounting standards pursuant to Section 107(b) of the JOBS Act and as a result of this election, its financial statements may not be comparable to companies that comply with public company effective dates. The Company will remain an “emerging growth company” until the earliest to occur of (i) the last day of the fiscal year (a) following June 30, 2022, (b) in which Accel has total annual gross revenue of at least $1.0 billion or (c) in which Accel is deemed to be a large accelerated filer, which means the market value of Class A-1 common stock that is held by non-affiliates exceeds $700 million as of the last business day of the prior second fiscal quarter, and (ii) the date on which Accel has issued more than $1.0 billion in non-convertible debt during the prior three-year period. Impact of COVID-19 on the Consolidated Financial Statements In its initial response to the COVID-19 outbreak, the IGB made the decision to shut down all VGTs across the State of Illinois starting at 9:00 p.m. on March 16, 2020 and ultimately extended the shutdown through June 30, 2020. As COVID-19 began a resurgence in the fall, the virus spread exponentially in every geographical region (currently 11 regions) in the State of Illinois. In response, the IGB suspended all video gaming operations until further notice across the entire state of Illinois starting at 11:01 PM on Thursday November 19, 2020. Video gaming operations resumed in certain regions of the state beginning on January 16, 2021, and fully resumed in all regions on January 23, 2021. Even though video gaming operations resumed across all regions, certain regions still had government-imposed restrictions that, among other things, limited hours of operation and restricted the number of patrons allowed within in the licensed establishments. These temporary shutdowns of Illinois video gaming impacted 148 of the 365 gaming days (or 40% of gaming days) during the year ended December 31, 2020 . In light of these events and their effect on the Company’s employees and licensed establishment partners, the Company took action to position itself to help mitigate the effects of the temporary cessation of operations. During the initial shutdown, the Company furloughed a significant portion of its employees and deferred certain payments to major vendors. Additionally, members of the Company's senior management decided to voluntarily forgo their base salaries until the resumption of video gaming operations. Beginning in early June, the Company started reinstating employees from furlough in anticipation of resuming operations on July 1, 2020. During the second shutdown, the Company furloughed idle staff as appropriate and deferred certain payments to major vendors. As a result of these developments, the Company's revenues, results of operations and cash flows for the year ended December 31, 2020 have been materially affected, and the Company expects it could continue for at least as long as COVID-19 is a threat to the public health. The situation is rapidly changing and additional impacts to the business may arise that the Company is not aware of currently. The Company incurred non-recurring, one-time expenses of $1.2 million ($2.5 million of costs less recoveries under the CARES Act of $1.3 million) for the year ended December 31, 2020 , for costs to provide benefits (e.g., health insurance) for furloughed employees during COVID-19 operational disruptions. These costs are included within other expenses, net. The Company also spent $2.0 million in capital costs for the year ended December 31, 2020 related to the purchase of IGB-mandated spacers for its VGTs to promote social distancing requirements within the gaming area and incurred operating expenses of $0.8 million for the year ended December 31, 2020 related to cleaning, disinfecting and sanitizing supplies. As part of the Company's analysis of the financial reporting impacts of the COVID-19 outbreak, and corollary response in the State of Illinois, including the temporary shutdowns of its gaming operations, the Company evaluated its goodwill and long-lived assets for potential impairment triggers as of December 31, 2020 . No impairment losses were recorded. The Company will continue to monitor its assets for potential impairment losses in future periods. While the IGB has announced the resumption of all video gaming activities, it is possible that it or the State of Illinois may order a shutdown by region, or a complete suspension of video gaming in the state, or institute stay-at-home, closure or other similar orders or measures in the future in response to a resurgence of COVID-19 or other events. If this were to occur, the Company could recognize impairment losses which could be material.

Restatement of Previously Issue

Restatement of Previously Issued Financial Statements	12 Months Ended
	Dec. 31, 2020
Accounting Changes and Error Corrections [Abstract]
Restatement of Previously Issued Financial Statements	Restatement of Previously Issued Financial Statements The Company has restated the accompanying consolidated financial statements for the year ended December 31, 2019 and the unaudited condensed consolidated financial statements for the three months ended December 31, 2019 and the three months ended and year-to-date periods ended March 31, 2020, June 30, 2020 and September 30, 2020. The restatement reflects adjustments to correct an error related to the accounting treatment of certain earn out arrangements issued in connection with the 2019 business combination with TPG Pace Holdings Corp., a special purpose acquisition company, that were previously presented as equity. Because the number of Class A-1 common stock (the “contingent earnout shares”) the holder is entitled to under the agreement are dependent, in part, upon the occurrence of a change of control, which is not an input to the fair value of a fixed for fixed contract on equity shares, the Company determined that the contingent earnout share obligation should be presented as a liability and marked to fair value each period, not equity-classified as previously presented. The Company also concluded that Class A-2 common stock issued in the transaction does not represent an increase in equity due to the fact that such shares are not entitled to dividends, voting rights, or a stake in the Company in the case of liquidation. Accordingly, the contingent earnout is now reflected as a liability at fair value on the Company’s consolidated balance sheets at December 31, 2020 and 2019, and the change in the fair value of such liability in each period is recognized as a gain or loss in the Company’s consolidated statements of operations and comprehensive (loss) income. The contingent earnout liability does not constitute indebtedness of the Company and will only be satisfied, if earned, by settlement in the Company’s Class A-1 common stock in a non-cash transaction. The existence of contingent earnout shares occurred as a result of the Company’s merger and reverse recapitalization occurring on November 20, 2019 and did not impact any reporting periods prior to the merger and reverse recapitalization transaction. When presenting diluted earnings (loss) per share in the Company’s Form 10-K for the year ended December 31, 2019 and in the Company’s Form 10-Q filings for the 2020 quarterly periods, the shares issuable under the contingent earnout were considered for inclusion in the diluted share count in accordance with U.S. generally accepted accounting principles (“GAAP”). Since the shares issuable under the contingent earnout are contingently issuable shares that depend on future earnings or future market prices of the common stock or a change in control, the shares are excluded when computing diluted earnings (loss) per share unless the shares would be issuable if the reporting date was the end of the contingency period. Upon settlement, these shares are included in Class A-1 common stock in the Company’s basic EPS share count. Also, upon settlement, the liability would be extinguished and the fair value of the shares issued in settlement would be recorded as an increase in equity. The impact of this correction to the applicable reporting periods for the financial statement line items impacted is as follows (in thousands, except per share data): NC = No change to the "as reported" amounts December 31, 2019 March 31, 2020 (unaudited) June 30, 2020 (unaudited) September 30, 2020 (unaudited) As Reported As Restated As Reported As Restated As Reported As Restated As Reported As Restated Consolidated Balance Sheets: Contingent earnout share liability $ — $ 61,478 $ — $ 24,912 $ — $ 32,086 $ — $ 35,684 Total long-term liabilities $ 368,846 $ 430,324 $ 418,905 $ 443,817 $ 409,770 $ 441,856 $ 354,017 $ 389,701 A-2 Common Stock $ 1 $ — $ 1 $ — $ 1 $ — $ 1 $ — Additional paid-in capital $ 105,986 $ 54,346 $ 107,046 $ 74,565 $ 108,732 $ 76,251 $ 189,524 $ 157,045 Accumulated deficit $ (20,470) $ (30,307) $ (22,436) $ (14,866) $ (43,710) $ (43,314) $ (31,567) $ (34,771) Total stockholders' equity $ 85,525 $ 24,047 $ 84,619 $ 59,707 $ 65,031 $ 32,945 $ 157,967 $ 122,283 Year ended Three Months Ended Three Months Ended December 31, 2019 March 31, 2020 June 30, 2020 (unaudited) (unaudited) As Reported As Restated As Reported As Restated As Reported As Restated Consolidated Statement of Operations: Amusement revenue $ 5,912 $ 9,749 $ 1,692 $ 2,831 NC NC ATM fees and other revenue $ 7,837 $ 8,311 $ 1,961 $ 2,057 NC NC Total net revenues $ 424,385 $ 428,696 $ 105,228 $ 106,463 NC NC Cost of revenue (exclusive of depreciation and amortization expense shown below) $ 271,999 $ 282,008 $ 67,980 $ 70,708 $ — $ 530 General and administrative $ 75,028 $ 69,330 $ 23,468 $ 21,975 $ 10,451 $ 9,921 Total operating expenses $ 411,049 $ 415,360 $ 103,084 $ 104,320 NC NC (Gain) loss on change in fair value of contingent earnout shares $ — $ 9,837 $ — $ (17,406) $ — $ 7,174 (Loss) income before income tax (benefit) expense $ (665) $ (10,502) $ (2,105) $ 15,301 $ (26,329) $ (33,503) Net (loss) income $ (5,864) $ (15,701) $ (1,966) $ 15,440 $ (21,274) $ (28,448) (Loss) earnings per share: Basic $ (0.09) $ (0.25) $ (0.03) $ 0.20 $ (0.27) $ (0.36) Diluted $ (0.09) $ (0.25) $ (0.03) $ 0.20 $ (0.27) $ (0.36) Six Months Ended Three Months Ended Nine Months Ended June 30, 2020 September 30, 2020 September 30, 2020 (unaudited) (unaudited) (unaudited) As Reported As Restated As Reported As Restated As Reported As Restated Consolidated Statements of Operations and Comprehensive (Loss) Income: Amusement revenue $ 1,952 $ 3,091 $ 4,171 $ 3,031 NC NC ATM fees and other revenue $ 2,080 $ 2,177 $ 2,526 $ 2,431 NC NC Total net revenues $ 105,607 $ 106,843 $ 136,332 $ 135,097 NC NC Cost of revenue (exclusive of depreciation and amortization expense shown below) $ 67,980 $ 71,239 $ 91,792 $ 90,556 NC NC General and administrative $ 33,919 $ 31,896 $ 23,164 $ 23,164 NC NC Total operating expenses $ 127,303 $ 128,539 $ 127,348 $ 126,113 NC NC (Gain) loss on change in fair value of contingent earnout shares $ — $ (10,232) $ — $ 3,599 $ — $ (6,633) (Loss) income before income tax (benefit) expense $ (28,434) $ (18,202) $ 5,550 $ 1,951 $ (22,885) $ (16,252) Net (loss) income $ (23,240) $ (13,008) $ 12,143 $ 8,544 $ (11,097) $ (4,464) Earnings (loss) per share: Basic $ (0.30) $ (0.17) $ 0.15 $ 0.10 $ (0.14) $ (0.06) Diluted $ (0.30) $ (0.17) $ 0.14 $ 0.10 $ (0.14) $ (0.06) These errors had a non-cash impact, as such, the statement of cash flows for the year ended December 31, 2019 reflects an adjustment to net (loss) income and a corresponding adjustment for the (gain) loss on the change in fair value of the contingent earnout shares.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of presentation and preparation : The consolidated financial statements and accompanying notes were prepared in conformity with U.S. GAAP and the rules and regulations of the Securities and Exchange Commission (“SEC”). The consolidated financial statements include the accounts of the Company and of its wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Certain prior period amounts have been corrected to conform to the current period presentation. Adopted accounting pronouncements: In December 2019, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update (“ ASU ”) No. 2019-12, Simplifying the Accounting for Income Taxes (“ASU 2019-12”), which intends to simplify the guidance by removing certain exceptions to the general principles and clarifying or amending existing guidance. ASU 2019-12 is effective for fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022. The Company early adopted the new standard in Q2 2020 (effective January 1, 2020) on a prospective basis. The adoption of the new standard did not have a material impact on the Company's financial statements. Previously adopted accounting pronouncements : In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) , which amends the existing revenue recognition guidance and creates a new topic for Revenue from Contracts with Customers. The guidance provides that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. This guidance also substantially revises required interim and annual disclosures. The Company, as an Emerging Growth Company ("EGC"), elected to use the non-public effective date and adopted the standard in the fourth quarter of 2019 for the annual period ended December 31, 2019. The Company also elected the modified retrospective adoption approach and applied the standard to all contracts open as of January 1, 2019. The Company's quarterly financial statement disclosure for the first nine months of 2019 reflect the previous accounting standard of FASB Accounting Standards Codification ("ASC") 605, Revenue Recognition, and will not be restated for the adoption of Topic 606. The cumulative impact of the new revenue standard for fiscal year 2019 was recorded in the fourth quarter and reflects the adjustment as if the Company adopted the standard as of January 1, 2019. The timing and amount of revenue recognized by the Company did not change upon the adoption of the new standard, however the Company's accounting for route acquisition costs was impacted. ASC 340-40, Other Assets and Deferred Costs - Contracts With Customers (“ASC 340-40”), issued in conjunction with ASU 2014-09, provides updated guidance around accounting for the incremental costs of obtaining a contract with a customer and for the costs incurred to fulfill a contract with a customer. ASC 340-40 states that an entity should amortize contract cost assets “on a systemic basis that is consistent with the transfer to the customer of the good or services to which the asset relates”, which typically corresponds to the period in which revenue will be recognized. The Company chose straight-line amortization of the contracts as it felt that best depicted when revenue would be recognized and when customers are visiting the gaming establishments. When determining the appropriate amortization period under ASC 340-40, the Company evaluated the impact of any renewal clauses that are likely to be exercised. The Company focused on whether commissions paid for renewals were commensurate with commissions paid on the original contract. The Company determined the renewal commissions were not commensurate and the amortization period should include expected renewals. As such, the period over which route and customer acquisition costs are amortized was extended to include expected renewals which resulted in an increase to the average life to 12.4 years. The Company recorded a cumulative effect adjustment, net of taxes, to accumulated deficit of $2.6 million relating to the decreased in accumulated amortization of route acquisition costs. Use of estimates : The preparation of consolidated financial statements requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) disclosure of contingent assets and liabilities at the date of the consolidated financial statements and (iii) the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates used by the Company include, among other things, the useful lives for depreciable and amortizable assets, income tax provisions, the evaluation of the future realization of deferred tax assets, projected cash flows in assessing the initial valuation of intangible assets in conjunction with business and asset acquisitions, the selection of useful lives for depreciable and amortizable assets in conjunction with business and asset acquisitions, the valuation of level 3 investments, contingencies, and the expected term of share-based compensation awards and stock price volatility when computing share-based compensation expense. The Company also estimated stock prices prior to the reverse recapitalization discussed in Note 3 when computing share-based compensation expense. Actual results may differ from those estimates. Change in estimate: During the first quarter of 2020, the Company conducted a review of its estimate of depreciable lives for its video gaming terminals and equipment. As a result of this review, the Company extended the useful lives of its video gaming terminals and equipment from 7 to 10 years as the equipment is lasting longer than originally estimated. The Company has many video gaming terminals and equipment that were purchased when the Company started operations that are still being used today. The impact of this change in estimate for the year ended December 31, 2020, was as follows (in thousands): Year ended December 31, 2020 Decrease to depreciation expense $ 7,704 Decrease to net loss $ 3,345 Decrease to net loss per share $ 0.04 Segment information : The Company operates as a single operating segment. The Company’s chief operating decision maker (“CODM”) is the chief executive officer, who has ultimate responsibility for the operating performance of the Company and the allocation of resources. The CODM assesses the Company’s performance and allocates resources based on consolidated results, and this is the only discrete financial information that is regularly reviewed by the CODM. Cash and cash equivalents : Cash and cash equivalents include bank deposit accounts; term bank deposit accounts; uncollected cash in the Company’s video gaming terminals, ATMs, and redemption terminals; and cash in Company vaults. The Company’s policy is to limit the amount of credit exposure to any one financial institution. The Company maintains its cash in accounts which may at times exceed Federal Deposit Insurance Corporation insured limits. The Company has not experienced any losses in such accounts. Convertible notes: At acquisition, an entity shall classify debt securities as trading, available-for-sale, or held-to-maturity. While the Company has no the intention of selling the notes, it cannot classify them as held-to-maturity due to the conversion feature. Therefore, the Company has classified its investment in convertible notes as available for sale. Property and equipment : Property and equipment are stated at cost or fair value at the date of acquisition. Maintenance and repairs are charged to expense as incurred. Major additions, replacements and improvements are capitalized. Spare parts are included in other current assets when acquired and are expensed when used to repair equipment. Depreciation has been computed using the straight-line method over the following estimated useful lives: Years Video game terminals and equipment 10 Amusement and other equipment 7 Office equipment and furniture 7 Computer equipment and software 3-5 Leasehold improvements 5 Vehicles 5 Buildings and improvements 15-29 Leasehold improvements are amortized over the shorter of the useful life or the lease. Development costs directly associated with the acquisition, development and construction of a project are capitalized as a cost of the project during the periods in which activities necessary to prepare the property for its intended use are in progress. Interest costs associated with major construction projects are capitalized as part of the cost of the constructed assets. When no debt is incurred specifically for a project, interest is capitalized on amounts expended for the project using the weighted-average cost of borrowing. Capitalization of interest ceases when the project (or discernible portions of the project) is substantially complete. If substantially all of the construction activities of a project are suspended, capitalization of interest will cease until such activities are resumed. Concentration of credit risk : The Company’s operations are centralized primarily in the State of Illinois. Should there be favorable or unfavorable changes to the Illinois Gaming Act there may be an impact on the Company’s results of operations. The Company has high concentrations of locations within certain municipalities in Illinois which could impact the Company if these municipalities change their gaming laws. Fair value of financial instruments : The Company’s financial instruments consist principally of cash, convertibles notes, accounts payable, route and customer acquisition costs payable, contingent consideration, contingent earnout shares liability, and bank indebtedness. The carrying amount of cash, accounts payable and short-term borrowings approximates fair value because of the short-term maturity of these instruments. The Company estimates the fair value of its convertible notes using a binomial lattice model in which a convertible instrument is split into two separate components: a cash-only (debt) component and an equity component. The Company estimates the fair value of its debt using level two and level three inputs by discounting the future cash flows using current interest rates at which it could obtain similar borrowings in consideration of the estimated enterprise value of the Company. Contingent consideration, which is recorded within consideration payable on the accompanying consolidated balance sheets, is measured at fair value on a recurring basis based on Level 3 inputs. The fair value recorded at December 31, 2020 and 2019 was determined using a discounted cash flow analysis. Refer to consideration payable below for disclosure of unobservable Level 3 inputs used. Contingent earnout shares liability is measured at fair value on a recurring basis based on Level 2 inputs. Revenue recognition : The Company generates revenues from the following types of services: Gaming, Amusements and ATMs. Revenue is disaggregated by type of revenue and is presented on the face of the consolidated statements of operations and comprehensive (loss) income. Net gaming revenue is the net cash from gaming activities, which is the difference between gaming wins and losses. Net gaming revenue includes the amounts earned by the licensed gaming locations and is recognized at the time of gaming play. Additionally, taxes and administrative expenses due to the states in which the Company operates are recorded as net gaming revenue and cost of revenue. Amusement revenue represents amounts collected from machines (e.g. dart boards, digital jukeboxes, pool tables, etc.) operated at various locations and is recognized at the time the machine is used. ATM fees and other revenue represents fees charged for the withdrawal of funds from the Company’s redemption terminals and stand-alone ATM machines and is recognized at the time of the transaction. The Company determined that in a gaming environment, whenever a customer’s money has been accepted by a machine, the Company has an obligation (an implied contract) to provide the customer access to the game and honor the outcome of the game (in the case of video gaming terminals). The Company determined that the implied contract is entered into between the Company and customers satisfies the requirements of a contract under the new revenue standard, as (i) the contract is a legally enforceable contract with the customer, (ii) the arrangement identifies the rights of the parties, (iii) the contract has commercial substance, and (iv) the cash is received upfront from the customer, so its collectability is probable. The gaming service is a single performance obligation in each implied contract with the customer. The Company applies the portfolio approach of all wins and losses by gaming terminals daily to determine the total transaction price of the portfolio of implied contracts. The Company recognizes revenue when the single performance obligation is satisfied, which is at the completion of each game. Route and customer acquisition costs : The Company’s route and customer acquisition costs consist of fees paid at the inception of contracts entered into with third parties and licensed video gaming establishments throughout the State of Illinois which allow the Company to install and operate video gaming terminals. The route and customer acquisition costs and route and customer acquisition costs payable are recorded at the net present value of the future payments using a discount rate equal to the Company’s incremental borrowing rate associated with its long-term debt. Route and customer acquisition costs are amortized on a straight-line basis beginning on the date the location goes live and amortized over the life of the contract, which upon adoption of Topic 606, includes expected renewals. The Company records the accretion of interest on route and customer acquisitions costs payable in the consolidated statements of operations and comprehensive (loss) income as a component of interest expense. For locations that close prior to the end of the contractual term, the Company writes-off the net book value of the route and customer acquisition cost and route and customer acquisition cost payable and records a gain or loss in the consolidated statements of operations and comprehensive (loss) income as a component of other expenses, net. The Company’s route and customer acquisition costs also consists of prepaid commission costs to the Company's internal sales force of employees. The commissions paid to internal sales employees are subsequently expensed once the respective licensed video gaming location goes live and the commission is earned by the employee. Business acquisitions : The Company evaluates the inputs, processes and outputs of each business acquisition to determine if the transaction is a business combination or asset acquisition. If an acquisition qualifies as a business combination, the related transaction costs are recorded as an expense in the consolidated statements of operations and comprehensive (loss) income. If an acquisition qualifies as an asset acquisition, the related transaction costs are generally capitalized and amortized over the useful life of the acquired assets. The Company accounts for acquisitions using the acquisition method and records the cost of the businesses acquired among tangible and recognized intangible assets and liabilities based upon their estimated fair values as of the acquisition date. Recognized intangibles primarily include the value of location contracts. The Company estimates the fair value of the business acquired using a combination of the cost and income approaches, depending on the specific assets or liabilities acquired. The Company estimates the value of property and equipment and other current assets and liabilities acquired based on their cost, which approximates fair value at acquisition. Location contracts acquired : Location contracts acquired are accounted for as intangible assets and consist of expected cash flows to be generated from location contracts acquired through business and asset acquisitions. Location contracts acquired are amortized on a straight-line basis over the expected useful life of 10 years. Location contracts are tested for impairment when triggering events occur. If a triggering event were to occur, the Company compares the carrying amount of the location contracts to future undiscounted cash flows. If the value of future undiscounted cash flows is less than the carrying amount of an asset group, an impairment loss is recorded based on the excess of the carrying amount over the fair value of the asset group. Goodwill: Goodwill represents the difference between the purchase price and the fair value of the identifiable tangible and intangible net assets acquired when accounted for using the purchase method of accounting. Goodwill is reviewed for impairment annually, as of October 1st, and whenever events or changes in circumstances indicate that the carrying value of the goodwill may not be recoverable. When performing the annual goodwill impairment test, the Company conducts a qualitative assessment to determine whether it is more likely than not that the goodwill is impaired. Under the qualitative assessment, the Company considers both positive and negative factors, including macroeconomic conditions, industry events, financial performance, and makes a determination of whether it is more likely than not that the fair value of the goodwill is less than its carrying amount. If, after assessing the qualitative factors, the Company determines it is more likely than not the goodwill is impaired, it then performs a quantitative test. When performing the quantitative test, the Company compares the fair value of the reporting unit to its carrying value. If the carrying value of the net assets assigned to the reporting unit exceeds the fair value of the reporting unit, the Company would record an impairment loss equal to the difference. Consideration payable : Consideration payable consists of amounts payable related to certain business acquisitions as well as contingent consideration for future location performance related to certain business acquisitions (see Note 10). Consideration payable, exclusive of contingent consideration, is discounted using the Company’s incremental borrowing rate associated with its long-term debt. The contingent consideration is measured at fair value on a recurring basis. The changes in the fair value of contingent consideration are recognized within the Company’s consolidated statements of operations and comprehensive (loss) income as other expenses, net. Impairment of long-lived assets : Long-lived assets, which includes property and equipment, net and other assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset or asset group may not be recoverable. Impairment of the assets is measured by a comparison of the carrying amount of the asset to future undiscounted cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized by the amount of which the carrying amount of the asset exceeds the fair value of the asset. There were no indicators of impairment of long-lived assets in 2020, 2019, or 2018. Contingent stock consideration : Contingent stock, which is provided as consideration in business acquisitions, is valued based on the fair value of stock issued. The contingent stock consideration is discounted using the Company’s weighted average cost of capital and the accretion of interest is recorded in the consolidated statements of operations and comprehensive (loss) income as a component of interest expense. Contingent earnout shares liability: The Company's A-2 common stock is classified as a c ontingent earnout shares liability d ue to the fact that the conversion of the Company's A-2 common stock would be accelerated on a change of control regardless of the transaction value . The liability is stated at fair value and any change in the fair value is recognized as a a gain or loss in the Company’s consolidated statements of operations and comprehensive (loss) income. Stock-based compensation : The Company grants common stock options and/or restricted stock units to certain employees and officers. Stock-based compensation cost is measured at the grant date, based on the estimated fair value of the award, and is recognized as general and administrative expense over the employee’s requisite service period. All stock-based awards are classified as equity awards. Income taxes : The Company is organized as a C-corporation and is taxable at the federal and state level. Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the book basis of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion, or all of the deferred tax asset, will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in the tax laws and rates as of the date of enactment. The consolidated financial statements reflect expected future tax consequences of uncertain tax positions presuming the taxing authorities’ full knowledge of the position and all relevant facts. The Company files tax returns in all appropriate jurisdictions, which includes a federal tax return and three state retur ns. Open tax years for the federal and state returns are 2017 to 2019, which statutes expire in 2021 to 2023, respectively. When and if applicable, potential interest and penalty costs are accrued as incurred with expenses recognized in general and administrative expenses in the consolidated statements of operations and comprehensive (loss) income . Earnings (loss) per share : The Company computes basic earnings (loss) per share by dividing net income (loss) by the weighted average number of shares outstanding for the applicable period. Diluted earnings (loss) per share are computed in the same manner as basic earnings (loss) per share, except that the number of shares is increased to assume exercise of potentially dilutive stock options using the treasury stock method, unless the effect of such increase would be anti-dilutive. Under the treasury stock method, the amount the employee must pay for exercising stock options and the amount of compensation cost for future service that the Company has not yet recognized are assumed to be used to repurchase shares. Debt issuance costs : Debt issuance costs are capitalized and amortized over the contractual terms of the related loans. Debt issuance costs are presented as an offset to the related loans on the consolidated balance sheets. Reverse recapitalization expenses. Legal fees and other costs that were determined to be direct and incremental to the reverse recapitalization were recorded to equity as additional paid-in capital. Other fees associated with the reverse recapitalization that were not direct and incremental were recorded to other expenses, net on the consolidated statements of operations and comprehensive (loss) income . Advertising costs : Advertising costs are primarily comprised of marketing expenses, which are recorded within general and administrative expense within the accompanying consolidated statements of operations and comprehensive (loss) income . Advertising costs were $3.2 million, $4.7 million, and $3.0 million for the years ended December 31, 2020 , 2019, and 2018, respectively. Recent accounting pronouncements : In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) . The guidance in this ASU supersedes the leasing guidance in Topic 840, Leases . In July 2018, the FASB also issued ASU No. 2018-11, Leases (Topic 842): Targeted Improvements , which provides an optional transition method allowing the standard to be applied at the adoption date. Under the new guidance, lessees are required to recognize lease assets and lease liabilities on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the statement of operations. The new standard is effective for the Company's fiscal year beginning after December 15, 2021, including interim periods within fiscal years beginning after December 15, 2020, unless the Company disqualifies as an emerging growth company, in which case earlier adoption may be required . A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is assessing impact of the standard on its consolidated financial statements.

Reverse Recapitalization

Reverse Recapitalization	12 Months Ended
	Dec. 31, 2020
Business Combinations [Abstract]
Reverse Recapitalization	Reverse Recapitalization As discussed in Note 1, on November 20, 2019, Accel Entertainment, Inc., consummated a business combination pursuant to the Transaction Agreement, which has been accounted for as a reverse recapitalization. Pursuant to the Transaction Agreement, TPG Holdings Corp. acquired, directly or indirectly, all of the issued and outstanding shares of common stock and preferred stock of Accel Entertainment, Inc. In connection with reverse recapitalization, TPG Pace Holdings Corp. changed its name to Accel Entertainment, Inc. The consideration paid to holders of Accel stock in connection with the reverse recapitalization and subject to the terms and conditions of the Transaction Agreement, consisted of a mix of consideration comprised of cash consideration equal to the number of shares of Accel stock for which such holder of Accel stock made a cash election multiplied by $177 per share (the “Purchase Price”) and share consideration comprised of a number of Class A-1 common stock equal to the number of shares of Accel Stock for which such holder of Accel Stock did not make a cash election multiplied by an exchange ratio calculated by dividing the Purchase Price by $10.30, which was the closing price of the common stock of TPG Pace Holdings Corp. on November 20, 2019. In addition, each holder of Accel stock that made a cash election with respect to less than 70% of its shares of Accel stock received its pro rata share, with such pro rata share determined with reference to a number of shares equal to 70% of such holder’s shares of Accel Stock less the number of shares of Accel stock with respect to which such holder made a cash election, of 2,444,444 2019 Warrants, subject to the conditions set forth in a warrant agreement and 3,000,000 Class A-2 common stock, subject to the conditions set forth in a restricted stock agreement. In connection with the reverse recapitalization, TPG Pace Holdings and its affiliates converted 7,500,000 of Class A-1 common stock, 4,888,889 2019 Warrants subject to the conditions set forth in the New Pace Warrant Agreement and 2,000,000 Class A-2 common stock, subject to the conditions set forth in a restricted stock agreement. As part of an Investment Private Placement, certain accredited investors (as defined by Rule 501 of Regulation D) agreed to subscribe for and purchase and Pace agreed to issue and sell to such investors 4,696,675 Class A-1 Shares for a purchase price of $10.22 per share, or an aggregate of approximately $48 million. The proceeds from the Investment Private Placement was used to fund a portion of the cash consideration required in the reverse recapitalization . In connection with the reverse recapitalization, Accel repurchased approximately 36,157 shares of its stock from certain employees, directors and officers at a repurchase price of $177 per share in order to facilitate (i) the repayment of existing loans to Accel’s executive officers, (ii) the exercise of vested options and (iii) funding any resulting tax obligations from the exercise of such vested options. In accounting for the reverse recapitalization, the net equity deficit from the reverse recapitalization was $22.4 million as shown in the table below (in thousands): Amount TPG Holdings Corp cash balance, November 19, 2019 $ 429,952 Less redemption of Accel shares prior to reverse recapitalization (413,733) Cash balance prior to backstop equity financing 16,219 Plus funds from Investment Private Placement 48,038 Cash balance prior to consummation of the reverse recapitalization 64,257 Less adjustments to equity infusion: Payment for sponsor loan (4,000) Less impact from issuance of contingent earnout shares (51,641) Transaction costs related to the reverse recapitalization, net of tax (31,005) Net equity deficit prior to stock issuance (22,389) Impact of stock issued in reverse recapitalization 10 Net equity deficit from reverse recapitalization (22,379) Less impact from conversion of treasury stock and issuance of warrants (7,414) Net impact to additional paid-in-capital from reverse recapitalization $ (29,793) Capitalization Adjustments The table below summarizes the number of shares of Accel issued upon consummation of the reverse recapitalization consisting of (i) the number of shares of Accel stock outstanding immediately before the reverse recapitalization along with the impact of the exchange ratio. Accel Capital Stock - pre reverse recapitalization Number of Shares Class A Common Stock 472,773 Class B Common Stock 662,228 Class C Preferred Stock 1,530,779 Class D Preferred Stock 944,925 Total Shares of Accel Stock on November 20, 2019 3,610,705 Exchange ratio 17.188531 Effect of exchange ratio to convert Accel stock to A-1 Common Stock 62,062,715 Shares issued in reverse recapitalization 14,574,755 Total A-1 Common Stock 76,637,470 Immediately after the reverse recapitalization , there were 76,637,470 Class A-1 common stock, 4,999,999 Class A-2 common stock, and 22,333,308 warrants to purchase Class A-1 common stock issued and outstanding. Upon the closing, the Company's Class A-1 common stock and warrants began trading on the New York Stock Exchange. 2020 Business Acquisition Tom's Amusements On July 22, 2020 (the “Tom's Closing Date”), the Company acquired Tom’s Amusement Company, Inc., (“Tom's Amusements”) a southeastern U.S. gaming and amusement operator and Master Licensee in the state of Georgia. The total purchase price was $3.6 million, of which the Company paid $2.1 million in cash at closing. The remaining $1.5 million of contingent consideration payables are to be paid in cash on the 18-month and 24-month anniversaries of the Tom's Closing Date. The amount of each payment is $750,000 multiplied by a performance ratio. The fair value of the contingent consideration was $1.4 million as of December 31, 2020 and is included within consideration payable on the consolidated balance sheets. In addition, the Georgia Lottery Corporation approved Accel's operating subsidiary, Bulldog Gaming, LLC, as a Master Licensee, which allows the Company to install and operate coin operated amusement machines for commercial use by the public for play throughout the State of Georgia. The acquisition was accounted for as a business combination using the acquisition method of accounting in accordance with Topic 805. The purchase price of $3.6 million has been allocated to the following assets: i) video game terminals and equipment totaling $1.6 million; ii) location contracts totaling $0.8 million; iii) indefinite-lived gaming license intangible asset of $1.0 million and; iv) cash of $0.2 million. The results of operations for Tom's Amusements are included in the consolidated financial statements of the Company from the date of acquisition. Tom' s Amusements generated revenues of $1.4 million and a net loss of $0.8 million from the acquisition date through December 31, 2020 . American Video Gaming On December 30, 2020, the Company acquired AVG, a terminal operator licensed by the Illinois Gaming Board. AVG had 267 VGTs in 49 licensed establishments. The Company completed this transaction in order to expand its presence within the State of Illinois. The acquisition aggregate purchase consideration transferred totaled $32.0 million, which included i.) cash paid at closing of $30.5 million and ii.) contingent purchase consideration with an estimated fair value of $1.5 million. The contingent consideration represents potentially two installment payments i.) $0.9 million if the acquired locations meet certain base performance criteria and ii.) an additional $1.4 million if the acquired locations meet additional performance criteria. The estimated fair value of the contingent consideration was determined based on the Company’s expected probability of future payment, discounted using AVG’s weighted average cost of capital. The fair value of the contingent consideration is included within consideration payable on the consolidated balance sheets. The acquisition was accounted for as a business combination using the acquisition method of accounting in accordance with Topic 805. The purchase price has been allocated to the tangible assets and identifiable intangible assets acquired and liabilities assumed based upon their estimated fair values. The excess of the purchase price over the tangible and intangible assets acquired and liabilities assumed has been recorded as goodwill. The following table summarizes the fair value of consideration transferred and the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands): Cash paid $ 30,522 Fair value of contingent consideration 1,506 Total consideration $ 32,028 Cash $ 504 Location contracts acquired 17,500 Property and equipment: Video game terminals and equipment 2,479 Amusement and other equipment 207 Vehicles 43 Other assets, net 63 Goodwill 11,243 Total assets acquired 32,039 Accrued expenses assumed (11) Net assets acquired $ 32,028 The results of operations for AVG are not material to the consolidated financial statements of the Company as the acquisition date ( December 30, 2020) was one day prior to year end and gaming was suspended in Illinois for that one day. 2020 Asset Acquisition On August 6, 2020, pursuant to the terms of an asset purchase agreement, the Company purchased from Illinois Operators, Inc. terminal use agreements and equipment representing the operations of 13 licensed establishments. The Company has accounted for this transaction as an asset acquisition. The purchase consideration of $4.0 million consisted of: i) cash payment of $3.7 million paid at closing and; ii) deferred payment of $0.3 million which was paid 90-days from the closing date. The asset acquisition costs were allocated to the following assets: i) video game terminals and equipment totaling $0.6 million and; ii) location contracts totaling $3.4 million. 2019 Business Acquisitions Grand River Jackpot On August 26, 2019, the Company entered into an agreement to acquire all issued and outstanding membership interests in Grand River Jackpot, a terminal operator licensed by the State of Illinois Gaming Board. On September 16, 2019, the Company completed its acquisition of Grand River Jackpot. Grand River Jackpot had 2,009 VGTs in over 450 licensed establishments. The Company completed this transaction in order to expand its presence within the State of Illinois. The acquisition aggregate purchase consideration transferred totaled $113.7 million, which included: i) a cash payment made at closing of $100.0 million; ii) a subsequent cash payment of approximately $6.6 million for a working capital adjustment and; iii) contingent purchase consideration with an estimated fair value of $7.1 million. The contingent consideration represents two installment payments that are to be paid, up to a maximum amount, as follows: i) $2.5 million within 30 days following the one-year anniversary of the acquisition closing date and; ii) $7.0 million within 30 days following the three-year anniversary of the acquisition closing date. These payments are subject to adjustment based on certain performance measures included within the purchase agreement. The estimated fair value was determined based on the Company’s expected probability of future payment, discounted using Grand River Jackpot’s weighted average cost of capital. The cash payment made at closing and subsequent working capital adjustment payment were both funded with the Company’s existing credit facilities. In connection with the temporary suspension of gaming by the IGB due to the COVID-19 pandemic in 2020, the Company reversed its contingent liability for the previously mentioned $2.5 million installment payment due 30 days following the one-year anniversary of the acquisition closing date as the performance measures for the period were not reached. The acquisition was accounted for as a business combination using the acquisition method of accounting in accordance with Topic 805. The purchase price has been allocated to the tangible assets and identifiable intangible assets acquired and liabilities assumed based upon their estimated fair values. The excess of the purchase price over the tangible and intangible assets acquired and liabilities assumed has been recorded as goodwill. The Grand River Jackpot acquisition resulted in recorded goodwill as a result of a higher consideration multiple paid relative to prior similar acquisitions driven by maturity and quality of the operations and industry, including workforce and corresponding synergies, and is amortizable for income tax purposes. Management integrated the Grand River Jackpot acquisition into its existing business structure, which is comprised of a single reporting unit. The following table summarizes the fair value of consideration transferred and the fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands): Cash paid $ 106,578 Contingent consideration 7,136 Total consideration $ 113,714 Cash $ 8,861 Location contracts acquired 53,200 Property and equipment: Video game terminals and equipment 18,000 Land 28 Buildings 548 Vehicles 600 Goodwill 34,511 Total assets acquired 115,748 Accounts payable assumed (532) Accrued expenses assumed (1,502) Net assets acquired $ 113,714 The Company incurred $0.2 million in acquisition related costs that are included in other operating expenses within the consolidated statements of operations and comprehensive (loss) income for the year ended December 31, 2019. The results of operations for Grand River Jackpot are included in the consolidated financial statements of the Company from the date of acquisition. Grand River Jackpot's acquired assets generated revenues and net income of $16.6 million and $1.2 million for the year ended December 31, 2019 . 2019 Asset Acquisition On September 23, 2019, pursuant to the terms of an asset purchase agreement, the Company purchased from Illinois Gaming Systems, LLC (“IGS”) terminal use agreements and equipment representing the operations of 139 video game terminals in 29 licensed establishments. The Company has accounted for this transaction as an asset acquisition. The purchase consideration consisted of: i) cash payment of $2.4 million paid at closing and; ii) note payable of $2.3 million issued at closing which is recorded in consideration payables as of December 31, 2019. The asset acquisition costs were allocated to the following assets: i) video game terminals and equipment totaling $1.7 million and; ii) location contracts totaling $3.0 million. The note payable bore interest at 5% and was paid in full on March 23, 2020. 2018 Business Acquisitions The following table summarizes the consideration paid and the fair values of the tangible and intangible assets acquired at the acquisition dates for the Company’s 2018 business acquisitions (in thousands): Quad B Skyhigh G3 Mike's Amusement Family Amusement Total Cash paid at closing $ 610 $ 9,268 $ 36,500 $ 3,500 $ 1,512 $ 51,390 Contingent consideration payable — 4,324 1,026 — — 5,350 Promissory note — — — — 3,368 3,368 Due to seller — 618 3,019 — — 3,637 Total Consideration $ 610 $ 14,210 $ 40,545 $ 3,500 $ 4,880 $ 63,745 Cash $ — $ 1,126 $ 2,507 $ — $ — $ 3,633 Video game terminals and equipment — 506 3,009 — — 3,515 Amusement and other equipment 472 59 204 420 300 1,455 Location contracts acquired 138 12,519 34,825 3,080 4,580 55,142 Total fair value of net assets acquired $ 610 $ 14,210 $ 40,545 $ 3,500 $ 4,880 $ 63,745 Quad B On September 1, 2018, the Company acquired certain assets of B.B.B.B., Inc. (“Quad B”), an Illinois amusement operator. The Company acquired 61 locations that are or are expected to become operational. Quad B’s acquired assets generated revenues and net income of $0.1 million and $0.1 million, respectively, for the period from the acquisition date of September 1, 2018, through December 31, 2018. Skyhigh Gaming On August 1, 2018, the Company acquired certain assets of Skyhigh Gaming, LLC (“Skyhigh”), an Illinois licensed terminal operator. The Company initially acquired 23 locations that are or are expected to become operational. The Company has a contingent consideration payable related to certain locations, as defined, in the acquisition agreement placed in operation during five years after the acquisition date (“the installment period”). The Company will pay Skyhigh 18.44% of the adjusted net terminal income, related to locations in operation during five years after the acquisition date. Payments will be made on a monthly basis for the first two years and every three months for the latter three years, through July 2023. The agreement also provides for a final payment upon the expiration of the installment period equal to 1.75 times the adjusted and defined net terminal income generated by the locations in the twelve-month period ending on the final payment date. The fair value of contingent consideration due as of December 31, 2020 and December 31, 2019 was $6.4 million and $4.7 million, respectively. The fair value of contingent consideration is included in the consideration payable on the consolidated balance sheets at December 31, 2020 and 2019. The contingent consideration accrued is measured at fair value on a recurring basis. The maximum amount is determined based on the net terminal income for the related locations. Skyhigh’s acquired assets generated revenues and net income of $3.9 million and $1.1 million, respectively, for the period from the acquisition date of August 1, 2018, through December 31, 2018. G3 Gaming On October 16, 2018, the Company acquired certain assets of G3 Gaming, LLC (“G3”), an Illinois licensed terminal operator. The Company initially acquired 87 locations that are or are expected to become operational. The Company has contingent consideration payable related to locations placed in operation during the three years after the acquisition date whereby the Company will pay G3 a specified percent of the monthly terminal operator revenue less video gaming terminal fees for pending locations, recently added locations, and for a specified group of target establishments through 2022. The fair value of contingent consideration due as of December 31, 2020 and December 31, 2019 was $0.5 million and $3.1 million, respectively. The maximum amount is determined based on the net terminal income for the related locations. G3’s acquired assets generated revenues and net income of $4.3 million and $0.8 million, respectively, for the period from the acquisition date of October 16, 2018, through December 31, 2018. Mike’s Amusements On October 16, 2018, the Company acquired certain assets of Mike’s Amusements, Inc. (“Mike’s Amusements”), an Illinois amusement operator. The Com pany initially acquired 73 locations that are or are expected to become operational. Mike’s Amusement’s acquired assets generated revenues and net income of $0.2 million and $0.1 million, respectively, for the period from the acquisition date of October 16, 2018, through December 31, 2018. Family Amusement On October 31, 2018, the Company entered into an agreement to acquire certain assets of Family Amusement, Inc. (“Family Amusement”), an Illinois amusement operator. The Company initially acquired 139 locations that are or are expected to become operational. Family Amusement’s acquired assets generated revenues and net income of $0.1 million and $0.1 million, respectively, for the period from the acquisition date of October 31, 2018, through December 31, 2018. The Company entered into a promissory note in connection with the acquisition. The promissory note provides for three annual installments of $0.4 million from 2019 through 2021, one installment of $0.7 million in 2022, and one installment of $2.1 million in 2023. The first installment was paid upon signing of the promissory note and each subsequent installment shall be paid on or before the anniversary date of the signing of the promissory note. The fair value of the consideration due as of December 31, 2020 and December 31, 2019 was $3.0 million and $3.1 million, respectively. The consideration is included in the consideration payable on the consolidated balance sheets at December 31, 2020 and 2019. The Company and Family Amusement had a pre-existing relationship prior to the business acquisition. Under that pre-existing relationship the Company had route and customer acquisition costs payable to Family Amusement. As a result of the business acquisition, the pre-existing route and customer acquisition payables to Family Amusement were settled and cost and accumulated amortization of the existing Family Amusement route and customer acquisition cost assets was disposed, and a $0.1 million reduction in amortization of route and customer acquisition costs and location contracts acquired was recorded. Pro Forma Results The following unaudited pro forma consolidated financial information reflects the results of operations of the Company for the years ended December 31, 2020, 2019 and 2018 as if the acquisitions of AVG, Tom's Amusements, Grand River Jackpot, Quad B, Skyhigh, G3, Mike’s Amusements, and Family Amusement, had occurred as of the beginning of the fiscal year prior to the fiscal year of acquisition, after giving effect to certain purchase accounting adjustments. These amounts are based on available financial information of the acquirees prior to the acquisition dates and are not necessarily indicative of what the Company’s operating results would have been had the acquisitions actually taken place at the beginning of the fiscal year prior to the fiscal year of acquisition. This unaudited pro forma information for the years ended December 31, does not project revenues and income before income tax expense post acquisition (in thousands). 2020 2019 2018 Revenues $ 327,090 $ 466,466 $ 409,142 Net (loss) income (13,200) (2,598) 16,098 Consideration Payable The Company has a contingent consideration payable related to certain locations, as defined, in the respective acquisition agreement which are placed into operation during a specified period after the acquisition date. The fair value of contingent consideration is included in the consideration payable on the consolidated balance sheets as of December 31, 2020 and 2019. The contingent consideration accrued is measured at fair value on a recurring basis. Current and long-term portions of consideration payable consist of the following at December 31 (in thousands): 2020 2019 Current Long-Term Current Long-Term TAV * $ 490 $ 3,206 $ 490 $ 3,497 Abraham * — — 55 — Fair Share Gaming * 1,096 523 1,057 899 Family Amusement 391 2,609 293 2,815 Skyhigh 601 5,789 763 3,948 G3 355 100 2,952 154 Grand River Jackpot — 5,755 2,304 5,113 IGS 80 — 2,379 — Tom's Amusements — 1,455 — — AVG — 1,506 — — Total $ 3,013 $ 20,943 $ 10,293 $ 16,426 • Acquisitions that occurred prior to 2018.

Investment in Convertible Notes

Investment in Convertible Notes	12 Months Ended
	Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Investment in Convertibles Notes	Investment in Convertible NotesOn July 19, 2019, the Company entered into an agreement to purchase up to $30.0 million in convertible promissory notes that bear interest at 3% per annum from another terminal operator. The Company has the option of converting the notes to common stock of the terminal operator prior to the maturity date. At closing, the Company purchased a $5.0 million note which is subordinated to the terminal operator’s credit facility and matures six months following the satisfaction of administrative conditions. On October 11, 2019, the Company purchased an additional $25.0 million note which is also subordinated to the terminal operator’s credit facility and, beginning on July 1, 2020, the balance of this note, if not previously converted, was payable in equal $1,000,000 monthly installments until all principal has been repaid in full. On July 30, 2020, the Company and the terminal operator entered into the Omnibus Amendment (the “Amendment”) to the original agreement to purchase convertible promissory notes from the terminal operator. The Amendment, among other things, extended the maturity date of the $5.0 million convertible note and the beginning of the payback period for the $25.0 million convertible note until December 31, 2020. On March 9, 2021, the Company and the terminal operator entered into the Second Omnibus Amendment (the “Second Amendment”) to both of the convertible notes and the agreement to purchase the convertible notes. The Second Amendment, among other things, extends the December 31, 2020 maturity and conversion feature of the $5.0 million convertible note to December 31, 2021, the maturity and conversion feature of the $25.0 million convertible note to June 1, 2024 and the beginning of the payback period for the $25.0 million convertible note from December 31, 2020 to January 1, 2022. The carrying amount of the investment in the convertible notes approximates the fair value, in all material respects, as of December 31, 2020. The Company recognized an unrealized gain of $0.1 million, net of taxes, within comprehensive (loss) income for the year ended December 31, 2020. For more information on how the Company determined the fair value of the convertible note, see Note 13.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment Property and equipment consists of the following at December 31 (in thousands): 2020 2019 Video game terminals and equipment $ 197,533 $ 166,850 Amusement and other equipment 23,049 16,417 Office equipment and furniture 1,526 1,540 Computer equipment and software 12,793 8,715 Leasehold improvements 1,707 44 Vehicles 9,430 9,304 Buildings and improvements 10,845 12,075 Land 911 911 Construction in progress 1,886 768 Total property and equipment 259,680 216,624 Less accumulated depreciation and amortization (116,115) (97,423) Property and equipment, net $ 143,565 $ 119,201 Depreciation and amortization of property and equipment amounted to $21.0 million, $26.4 million and $20.8 million during the years ended December 31, 2020, 2019 and 2018, respectively.

Route and Customer Acquisition

Route and Customer Acquisition Costs	12 Months Ended
	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Route and Customer Acquisition Costs	Route and Customer Acquisition CostsThe Company enters into contracts with third parties and licensed video gaming locations throughout the State of Illinois which allow the Company to install and operate video gaming terminals. When video gaming operations commence, payments are primarily due monthly. Gross payments due, based on the number of live locations, are approximately $6.4 million and $7.4 million as of December 31, 2020 and 2019, respectively. Payments are due over varying terms of the individual agreements and are discounted at the Company’s incremental borrowing rate associated with its long-term debt at the time the contract is acquired. The net present value of payments due is $5.7 million and $6.5 million as of December 31, 2020 and 2019, respectively, of which approximately $1.6 million and $1.7 million is included in current liabilities in the accompanying consolidated balance sheets as of December 31, 2020 and 2019, respectively. The route and customer acquisition cost asset is comprised of upfront payments made on the contracts of $17.7 million and $18.7 million as of December 31, 2020 and 2019, respectively. The Company has upfront payments of commissions paid to the third parties for the acquisition of the customer contracts that are subject to a claw back provision if the customer cancels the contract prior to completion. The payments subject to a claw back are $1.7 million and $2.2 million as of December 31, 2020 and 2019, respectively. Route and customer acquisition costs consist of the following at December 31 (in thousands): 2020 2019 Cost $ 27,364 $ 28,501 Accumulated amortization (12,113) (11,102) Route and customer acquisition costs, net $ 15,251 $ 17,399

Location Contracts Acquired

Location Contracts Acquired	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Location Contracts Acquired	Location Contracts Acquired Location contract assets acquired in business acquisitions are recorded at acquisition at fair value based on an income approach. Location contracts acquired consist of the following at December 31 (in thousands): 2020 2019 Cost $ 226,012 $ 204,353 Accumulated amortization (58,279) (37,570) Location contracts acquired, net $ 167,734 $ 166,783 Each asset is amortized over the expected useful life of 10 years. Estimated amortization expense related to location contracts acquired for the next five years and thereafter is as follows: Year ending December 31: 2021 $ 22,620 2022 22,620 2023 22,620 2024 22,412 2025 21,486 Thereafter 55,976 Total $ 167,734 Amortization expense of location contracts acquired was $20.8 million, $16.2 million and $10.8 million, during the years ended December 31, 2020, 2019 and 2018, respectively.

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	GoodwillOn September 16, 2019, the Company acquired Grand River Jackpot, LLC and subsidiaries (“Grand River Jackpot”) which was accounted for as a business combination using the acquisition method of accounting in accordance with ASC Topic 805, Business Combinations ("Topic 805") . The excess of the purchase price over the tangible and intangible assets acquired and liabilities assumed has been recorded as goodwill of $34.5 million as of December 31, 2020 and 2019, of which $27.4 million is deductible for tax purposes. See Note 10 for more information on how the amount of goodwill was calculated. The Company had no goodwill prior to the Grand River Jackpot acquisition. The Company conducted its annual impairment test on October 1, 2020. The Company conducted a qualitative assessment to determine whether it is more likely than not that the goodwill was impaired. Under the qualitative assessment, the Company considered both positive and negative factors, including macroeconomic conditions, industry events, financial performance, to make a determination of whether it is more likely than not that the fair value of the goodwill is less than its carrying amount. In performing this assessment, the Company considered such factors as its historical performance, its growth opportunities in existing markets; new markets and new products in determining whether the goodwill was impaired. The Company also referenced its forecasts of revenue, operating income, and capital expenditures and concluded the carrying value of its goodwill was not impaired as of October 1, 2020. On December 30, 2020, the Company acquired American Video Gaming, LLC, and Erickson Amusements, Inc. (collectively referred to as "AVG") which was accounted for as a business combination using the acquisition method of accounting in accordance with Topic 805. The excess of the purchase price over the tangible and intangible assets acquired and liabilities assumed has been recorded as goodwill of $11.2 million as of December 31, 2020, of which $9.8 million is deductible for tax purposes. See Note 11 for more information on how the amount of goodwill was calculated. The following is a roll forward of the Company's goodwill (in thousands): Goodwill balance as of January 1, 2019 $ — Addition to goodwill for acquisition of Grand River Jackpot 34,511 Goodwill balance as of December 31, 2019 34,511 Addition to goodwill for acquisition of AVG 11,243 Goodwill balance as of December 31, 2020 $ 45,754

Debt

Debt	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Debt	Debt The Company’s debt as of December 31, consisted of the following (in thousands): 2020 2019 2019 Senior Secured Credit Facility: Revolving credit facility $ — $ 58,500 Term Loan 228,000 240,000 Delayed Draw Term Loan (DDTL) 119,562 60,000 Total debt 347,562 358,500 Less: Debt issuance costs (7,421) (8,808) Total debt, net of debt issuance costs 340,141 349,692 Less: Current maturities (18,250) (15,000) Total debt, net of current maturities $ 321,891 $ 334,692 2019 Senior Secured Credit Facility On November 13, 2019, in order to refinance its prior credit facility, for working capital and other general purposes from time to time, the Company entered into a credit agreement (the “Credit Agreement”) as borrower, the Company and its wholly-owned domestic subsidiaries, as a guarantor, the banks, financial institutions and other lending institutions from time to time party thereto, as lenders, the other parties from time to time party thereto and Capital One, National Association, as administrative agent (in such capacity, the “Agent”), collateral agent, issuing bank and swingline lender, providing for a: • $100.0 million revolving credit facility, including a letter of credit facility with a $10.0 million sublimit and a swing line facility with a $10.0 million sublimit, • $240.0 million initial term loan facility and • $125.0 million additional term loan facility. As of December 31, 2020, there remained approximately $100.0 million of availability under the Credit Agreement. The obligations under the Credit Agreement are guaranteed by the Company and its wholly-owned domestic subsidiaries, subject to certain exceptions (collectively, the “Guarantors”). The obligations under the Credit Agreement are secured by substantially all of assets of the Guarantors, subject to certain exceptions. Certain future-formed or acquired wholly owned domestic subsidiaries of the Company will also be required to guarantee the Credit Agreement and grant a security interest in substantially all of its assets (subject to certain exceptions) to secure the obligations under the Credit Agreement. Borrowings under the Credit Agreement bear interest, at the Company’s option, at a rate per annum equal to either (a) the adjusted LIBOR rate (“LIBOR”) (which cannot be less than zero) for interest periods of 1, 2, 3 or 6 months (or if consented to by (i) each applicable Lender, 12 months or any period shorter than 1 month or (ii) the Agent, a shorter period necessary to ensure that the end of the relevant interest period would coincide with any required amortization payment ) plus the applicable LIBOR margin or (b) the alternative base rate (“ABR”) plus the applicable ABR margin. ABR is a fluctuating rate per annum equal to the highest of (i) the Federal Funds Effective Rate plus 1/2 of 1.0%, (ii) the prime rate announced from time to time by Capital One, National Association and (iii) LIBOR for a 1-month Interest Period on such day plus 1.0%. The Credit Agreement also includes provisions for determining a replacement rate when LIBOR is no longer available. As of December 31, 2020, the weighted-average interest rate was approximately 3.3%. Interest is payable quarterly in arrears for ABR loans, at the end of the applicable interest period for LIBOR loans (but not less frequently than quarterly) and upon the prepayment or maturity of the underlying loans. The Company is required to pay a commitment fee quarterly in arrears in respect of unused commitments under the revolving credit facility and the additional term loan facility. The applicable LIBOR and ABR margins and the commitment fee rate are calculated based upon the first lien net leverage ratio of the Company and its restricted subsidiaries on a consolidated basis, as defined in the Credit Agreement. The revolving loans and term loans bear interest at either (a) ABR (150bps floor) plus a margin of 1.75% or (b) LIBOR (50bps floor) plus a margin of 2.75% at the option of the Company. The additional term loan facility was available for borrowings until November 13, 2020. Each of the revolving loans and the term loans mature on November 13, 2024. The term loans and, once drawn, the additional term loans will amortize at an annual rate equal to approximately 5.00% per annum. Upon the consummation of certain non-ordinary course asset sales, the Company may be required to apply the net cash proceeds thereof to prepay outstanding term loans and additional term loans. The loans under the Credit Agreement may be prepaid without premium or penalty, subject to customary LIBOR “breakage” costs. The Credit Agreement contains certain customary affirmative and negative covenants and events of default and requires the Company and certain of its affiliates obligated under the Credit Agreement to make customary representations and warranties in connection with credit extensions thereunder. In addition, the Credit Agreement requires the Company to maintain (a) a ratio of consolidated first lien net debt to consolidated EBITDA no greater than 4.50 to 1.00 and (b) a ratio of consolidated EBITDA to consolidated fixed charges no less than 1.20 to 1.00, in each case, tested as of the last day of each full fiscal quarter ending after the Closing Date and determined on the basis of the four most recently ended fiscal quarters of the Company for which financial statements have been delivered pursuant to the Credit Agreement, subject to customary “equity cure” rights. If an event of default (as such term is defined in the Credit Agreement) occurs, the lenders would be entitled to take various actions, including the acceleration of amounts due under the Credit Agreement, termination of the lenders’ commitments thereunder, foreclosure on collateral, and all other remedial actions available to a secured creditor. The failure to pay certain amounts owing under the Credit Agreement may result in an increase in the interest rate applicable thereto. The Company incurred $8.8 million of debt issuance costs related to the 2019 Senior Secured Credit Facility, which are being amortized over the life of the Facility. The Company was in compliance with all debt covenants as of December 31, 2020. Given the Company's assumptions about the future impact of COVID-19 on the gaming industry, which could be materially different due to the inherent uncertainties of future restrictions on the industry, the Company expects to remain in compliance with all debt covenants for the next 12 months. However, given the uncertainty of COVID-19 and the resulting potential impact to the gaming industry and its future assumptions, as well as to provide additional financial flexibility, the Company and the other parties thereto amended the Credit Agreement on August 4, 2020 to provide a waiver of financial covenant breach for the periods ended September 30, 2020 through March 31, 2021 of the First Lien Net Leverage Ratio and Fixed Charge Coverage Ratio (each as defined under the Credit Agreement). The amendment also raised the floor for the adjusted LIBOR rate to 0.50% and the floor for the Base Rate to 1.50%. The Company incurred costs of $0.4 million associated with the amendment of the Credit Agreement, of which $0.3 million was capitalized and is being amortized over the remaining life of the Credit Agreement. Prior Credit Facility The Company's prior credit facility was a senior secured first lien credit facility, as amended, that consisted of a $125.0 million term loan, a contract draw loan facility of $170.0 million and a revolving credit facility of $85.0 million. The Company’s prior credit facility was with a syndicated group of banks with CIBC Bank USA, as administrative agent for the lenders. Included in the revolving credit facility and contract draw loan were swing line sub-facilities of $5.0 million each. The prior credit facility was paid off with the proceeds from the 2019 Senior Secured Credit Facility . In connection with the extinguishment of the prior credit facility, the Company recorded a loss from debt extinguishment of $1.1 million for the year ended December 31, 2019. The principal maturities of long-term debt as of December 31, 2020 are as follows (in thousands): Year ending December 31: 2021 $ 18,250 2022 18,250 2023 18,250 2024 292,812 Total debt $ 347,562 The fair value of the Company’s debt at December 31, 2020 was estimated using a discounted cash flow model, which forecasts future interest and principal payments. The forecasted cash flows were discounted back to present value using the term-matched risk-free rate plus an option adjusted spread to account for credit risk. The option adjusted spread was calculated as of the debt's issuance date and then adjusted to the valuation date. The inputs used to determine the fair value were classified as Level 2 in the fair value hierarchy as defined in Note 13 . The estimated fair value of the Company's debt at December 31, 2019 approximated its carrying value as the debt facilities as of such date bore interest based on prevailing variable market rates and as such were categorized as a Level 2 in the fair value hierarchy. The carrying value and estimated fair value the Company's debt at December 31, was as follows (in thousands): 2020 2019 Carrying value $ 340,141 $ 349,692 Estimated fair value 309,528 349,692

Business and Asset Acquisitions

Business and Asset Acquisitions	12 Months Ended
	Dec. 31, 2020
Business Combinations [Abstract]
Business and Asset Acquisitions	Reverse Recapitalization As discussed in Note 1, on November 20, 2019, Accel Entertainment, Inc., consummated a business combination pursuant to the Transaction Agreement, which has been accounted for as a reverse recapitalization. Pursuant to the Transaction Agreement, TPG Holdings Corp. acquired, directly or indirectly, all of the issued and outstanding shares of common stock and preferred stock of Accel Entertainment, Inc. In connection with reverse recapitalization, TPG Pace Holdings Corp. changed its name to Accel Entertainment, Inc. The consideration paid to holders of Accel stock in connection with the reverse recapitalization and subject to the terms and conditions of the Transaction Agreement, consisted of a mix of consideration comprised of cash consideration equal to the number of shares of Accel stock for which such holder of Accel stock made a cash election multiplied by $177 per share (the “Purchase Price”) and share consideration comprised of a number of Class A-1 common stock equal to the number of shares of Accel Stock for which such holder of Accel Stock did not make a cash election multiplied by an exchange ratio calculated by dividing the Purchase Price by $10.30, which was the closing price of the common stock of TPG Pace Holdings Corp. on November 20, 2019. In addition, each holder of Accel stock that made a cash election with respect to less than 70% of its shares of Accel stock received its pro rata share, with such pro rata share determined with reference to a number of shares equal to 70% of such holder’s shares of Accel Stock less the number of shares of Accel stock with respect to which such holder made a cash election, of 2,444,444 2019 Warrants, subject to the conditions set forth in a warrant agreement and 3,000,000 Class A-2 common stock, subject to the conditions set forth in a restricted stock agreement. In connection with the reverse recapitalization, TPG Pace Holdings and its affiliates converted 7,500,000 of Class A-1 common stock, 4,888,889 2019 Warrants subject to the conditions set forth in the New Pace Warrant Agreement and 2,000,000 Class A-2 common stock, subject to the conditions set forth in a restricted stock agreement. As part of an Investment Private Placement, certain accredited investors (as defined by Rule 501 of Regulation D) agreed to subscribe for and purchase and Pace agreed to issue and sell to such investors 4,696,675 Class A-1 Shares for a purchase price of $10.22 per share, or an aggregate of approximately $48 million. The proceeds from the Investment Private Placement was used to fund a portion of the cash consideration required in the reverse recapitalization . In connection with the reverse recapitalization, Accel repurchased approximately 36,157 shares of its stock from certain employees, directors and officers at a repurchase price of $177 per share in order to facilitate (i) the repayment of existing loans to Accel’s executive officers, (ii) the exercise of vested options and (iii) funding any resulting tax obligations from the exercise of such vested options. In accounting for the reverse recapitalization, the net equity deficit from the reverse recapitalization was $22.4 million as shown in the table below (in thousands): Amount TPG Holdings Corp cash balance, November 19, 2019 $ 429,952 Less redemption of Accel shares prior to reverse recapitalization (413,733) Cash balance prior to backstop equity financing 16,219 Plus funds from Investment Private Placement 48,038 Cash balance prior to consummation of the reverse recapitalization 64,257 Less adjustments to equity infusion: Payment for sponsor loan (4,000) Less impact from issuance of contingent earnout shares (51,641) Transaction costs related to the reverse recapitalization, net of tax (31,005) Net equity deficit prior to stock issuance (22,389) Impact of stock issued in reverse recapitalization 10 Net equity deficit from reverse recapitalization (22,379) Less impact from conversion of treasury stock and issuance of warrants (7,414) Net impact to additional paid-in-capital from reverse recapitalization $ (29,793) Capitalization Adjustments The table below summarizes the number of shares of Accel issued upon consummation of the reverse recapitalization consisting of (i) the number of shares of Accel stock outstanding immediately before the reverse recapitalization along with the impact of the exchange ratio. Accel Capital Stock - pre reverse recapitalization Number of Shares Class A Common Stock 472,773 Class B Common Stock 662,228 Class C Preferred Stock 1,530,779 Class D Preferred Stock 944,925 Total Shares of Accel Stock on November 20, 2019 3,610,705 Exchange ratio 17.188531 Effect of exchange ratio to convert Accel stock to A-1 Common Stock 62,062,715 Shares issued in reverse recapitalization 14,574,755 Total A-1 Common Stock 76,637,470 Immediately after the reverse recapitalization , there were 76,637,470 Class A-1 common stock, 4,999,999 Class A-2 common stock, and 22,333,308 warrants to purchase Class A-1 common stock issued and outstanding. Upon the closing, the Company's Class A-1 common stock and warrants began trading on the New York Stock Exchange. 2020 Business Acquisition Tom's Amusements On July 22, 2020 (the “Tom's Closing Date”), the Company acquired Tom’s Amusement Company, Inc., (“Tom's Amusements”) a southeastern U.S. gaming and amusement operator and Master Licensee in the state of Georgia. The total purchase price was $3.6 million, of which the Company paid $2.1 million in cash at closing. The remaining $1.5 million of contingent consideration payables are to be paid in cash on the 18-month and 24-month anniversaries of the Tom's Closing Date. The amount of each payment is $750,000 multiplied by a performance ratio. The fair value of the contingent consideration was $1.4 million as of December 31, 2020 and is included within consideration payable on the consolidated balance sheets. In addition, the Georgia Lottery Corporation approved Accel's operating subsidiary, Bulldog Gaming, LLC, as a Master Licensee, which allows the Company to install and operate coin operated amusement machines for commercial use by the public for play throughout the State of Georgia. The acquisition was accounted for as a business combination using the acquisition method of accounting in accordance with Topic 805. The purchase price of $3.6 million has been allocated to the following assets: i) video game terminals and equipment totaling $1.6 million; ii) location contracts totaling $0.8 million; iii) indefinite-lived gaming license intangible asset of $1.0 million and; iv) cash of $0.2 million. The results of operations for Tom's Amusements are included in the consolidated financial statements of the Company from the date of acquisition. Tom' s Amusements generated revenues of $1.4 million and a net loss of $0.8 million from the acquisition date through December 31, 2020 . American Video Gaming On December 30, 2020, the Company acquired AVG, a terminal operator licensed by the Illinois Gaming Board. AVG had 267 VGTs in 49 licensed establishments. The Company completed this transaction in order to expand its presence within the State of Illinois. The acquisition aggregate purchase consideration transferred totaled $32.0 million, which included i.) cash paid at closing of $30.5 million and ii.) contingent purchase consideration with an estimated fair value of $1.5 million. The contingent consideration represents potentially two installment payments i.) $0.9 million if the acquired locations meet certain base performance criteria and ii.) an additional $1.4 million if the acquired locations meet additional performance criteria. The estimated fair value of the contingent consideration was determined based on the Company’s expected probability of future payment, discounted using AVG’s weighted average cost of capital. The fair value of the contingent consideration is included within consideration payable on the consolidated balance sheets. The acquisition was accounted for as a business combination using the acquisition method of accounting in accordance with Topic 805. The purchase price has been allocated to the tangible assets and identifiable intangible assets acquired and liabilities assumed based upon their estimated fair values. The excess of the purchase price over the tangible and intangible assets acquired and liabilities assumed has been recorded as goodwill. The following table summarizes the fair value of consideration transferred and the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands): Cash paid $ 30,522 Fair value of contingent consideration 1,506 Total consideration $ 32,028 Cash $ 504 Location contracts acquired 17,500 Property and equipment: Video game terminals and equipment 2,479 Amusement and other equipment 207 Vehicles 43 Other assets, net 63 Goodwill 11,243 Total assets acquired 32,039 Accrued expenses assumed (11) Net assets acquired $ 32,028 The results of operations for AVG are not material to the consolidated financial statements of the Company as the acquisition date ( December 30, 2020) was one day prior to year end and gaming was suspended in Illinois for that one day. 2020 Asset Acquisition On August 6, 2020, pursuant to the terms of an asset purchase agreement, the Company purchased from Illinois Operators, Inc. terminal use agreements and equipment representing the operations of 13 licensed establishments. The Company has accounted for this transaction as an asset acquisition. The purchase consideration of $4.0 million consisted of: i) cash payment of $3.7 million paid at closing and; ii) deferred payment of $0.3 million which was paid 90-days from the closing date. The asset acquisition costs were allocated to the following assets: i) video game terminals and equipment totaling $0.6 million and; ii) location contracts totaling $3.4 million. 2019 Business Acquisitions Grand River Jackpot On August 26, 2019, the Company entered into an agreement to acquire all issued and outstanding membership interests in Grand River Jackpot, a terminal operator licensed by the State of Illinois Gaming Board. On September 16, 2019, the Company completed its acquisition of Grand River Jackpot. Grand River Jackpot had 2,009 VGTs in over 450 licensed establishments. The Company completed this transaction in order to expand its presence within the State of Illinois. The acquisition aggregate purchase consideration transferred totaled $113.7 million, which included: i) a cash payment made at closing of $100.0 million; ii) a subsequent cash payment of approximately $6.6 million for a working capital adjustment and; iii) contingent purchase consideration with an estimated fair value of $7.1 million. The contingent consideration represents two installment payments that are to be paid, up to a maximum amount, as follows: i) $2.5 million within 30 days following the one-year anniversary of the acquisition closing date and; ii) $7.0 million within 30 days following the three-year anniversary of the acquisition closing date. These payments are subject to adjustment based on certain performance measures included within the purchase agreement. The estimated fair value was determined based on the Company’s expected probability of future payment, discounted using Grand River Jackpot’s weighted average cost of capital. The cash payment made at closing and subsequent working capital adjustment payment were both funded with the Company’s existing credit facilities. In connection with the temporary suspension of gaming by the IGB due to the COVID-19 pandemic in 2020, the Company reversed its contingent liability for the previously mentioned $2.5 million installment payment due 30 days following the one-year anniversary of the acquisition closing date as the performance measures for the period were not reached. The acquisition was accounted for as a business combination using the acquisition method of accounting in accordance with Topic 805. The purchase price has been allocated to the tangible assets and identifiable intangible assets acquired and liabilities assumed based upon their estimated fair values. The excess of the purchase price over the tangible and intangible assets acquired and liabilities assumed has been recorded as goodwill. The Grand River Jackpot acquisition resulted in recorded goodwill as a result of a higher consideration multiple paid relative to prior similar acquisitions driven by maturity and quality of the operations and industry, including workforce and corresponding synergies, and is amortizable for income tax purposes. Management integrated the Grand River Jackpot acquisition into its existing business structure, which is comprised of a single reporting unit. The following table summarizes the fair value of consideration transferred and the fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands): Cash paid $ 106,578 Contingent consideration 7,136 Total consideration $ 113,714 Cash $ 8,861 Location contracts acquired 53,200 Property and equipment: Video game terminals and equipment 18,000 Land 28 Buildings 548 Vehicles 600 Goodwill 34,511 Total assets acquired 115,748 Accounts payable assumed (532) Accrued expenses assumed (1,502) Net assets acquired $ 113,714 The Company incurred $0.2 million in acquisition related costs that are included in other operating expenses within the consolidated statements of operations and comprehensive (loss) income for the year ended December 31, 2019. The results of operations for Grand River Jackpot are included in the consolidated financial statements of the Company from the date of acquisition. Grand River Jackpot's acquired assets generated revenues and net income of $16.6 million and $1.2 million for the year ended December 31, 2019 . 2019 Asset Acquisition On September 23, 2019, pursuant to the terms of an asset purchase agreement, the Company purchased from Illinois Gaming Systems, LLC (“IGS”) terminal use agreements and equipment representing the operations of 139 video game terminals in 29 licensed establishments. The Company has accounted for this transaction as an asset acquisition. The purchase consideration consisted of: i) cash payment of $2.4 million paid at closing and; ii) note payable of $2.3 million issued at closing which is recorded in consideration payables as of December 31, 2019. The asset acquisition costs were allocated to the following assets: i) video game terminals and equipment totaling $1.7 million and; ii) location contracts totaling $3.0 million. The note payable bore interest at 5% and was paid in full on March 23, 2020. 2018 Business Acquisitions The following table summarizes the consideration paid and the fair values of the tangible and intangible assets acquired at the acquisition dates for the Company’s 2018 business acquisitions (in thousands): Quad B Skyhigh G3 Mike's Amusement Family Amusement Total Cash paid at closing $ 610 $ 9,268 $ 36,500 $ 3,500 $ 1,512 $ 51,390 Contingent consideration payable — 4,324 1,026 — — 5,350 Promissory note — — — — 3,368 3,368 Due to seller — 618 3,019 — — 3,637 Total Consideration $ 610 $ 14,210 $ 40,545 $ 3,500 $ 4,880 $ 63,745 Cash $ — $ 1,126 $ 2,507 $ — $ — $ 3,633 Video game terminals and equipment — 506 3,009 — — 3,515 Amusement and other equipment 472 59 204 420 300 1,455 Location contracts acquired 138 12,519 34,825 3,080 4,580 55,142 Total fair value of net assets acquired $ 610 $ 14,210 $ 40,545 $ 3,500 $ 4,880 $ 63,745 Quad B On September 1, 2018, the Company acquired certain assets of B.B.B.B., Inc. (“Quad B”), an Illinois amusement operator. The Company acquired 61 locations that are or are expected to become operational. Quad B’s acquired assets generated revenues and net income of $0.1 million and $0.1 million, respectively, for the period from the acquisition date of September 1, 2018, through December 31, 2018. Skyhigh Gaming On August 1, 2018, the Company acquired certain assets of Skyhigh Gaming, LLC (“Skyhigh”), an Illinois licensed terminal operator. The Company initially acquired 23 locations that are or are expected to become operational. The Company has a contingent consideration payable related to certain locations, as defined, in the acquisition agreement placed in operation during five years after the acquisition date (“the installment period”). The Company will pay Skyhigh 18.44% of the adjusted net terminal income, related to locations in operation during five years after the acquisition date. Payments will be made on a monthly basis for the first two years and every three months for the latter three years, through July 2023. The agreement also provides for a final payment upon the expiration of the installment period equal to 1.75 times the adjusted and defined net terminal income generated by the locations in the twelve-month period ending on the final payment date. The fair value of contingent consideration due as of December 31, 2020 and December 31, 2019 was $6.4 million and $4.7 million, respectively. The fair value of contingent consideration is included in the consideration payable on the consolidated balance sheets at December 31, 2020 and 2019. The contingent consideration accrued is measured at fair value on a recurring basis. The maximum amount is determined based on the net terminal income for the related locations. Skyhigh’s acquired assets generated revenues and net income of $3.9 million and $1.1 million, respectively, for the period from the acquisition date of August 1, 2018, through December 31, 2018. G3 Gaming On October 16, 2018, the Company acquired certain assets of G3 Gaming, LLC (“G3”), an Illinois licensed terminal operator. The Company initially acquired 87 locations that are or are expected to become operational. The Company has contingent consideration payable related to locations placed in operation during the three years after the acquisition date whereby the Company will pay G3 a specified percent of the monthly terminal operator revenue less video gaming terminal fees for pending locations, recently added locations, and for a specified group of target establishments through 2022. The fair value of contingent consideration due as of December 31, 2020 and December 31, 2019 was $0.5 million and $3.1 million, respectively. The maximum amount is determined based on the net terminal income for the related locations. G3’s acquired assets generated revenues and net income of $4.3 million and $0.8 million, respectively, for the period from the acquisition date of October 16, 2018, through December 31, 2018. Mike’s Amusements On October 16, 2018, the Company acquired certain assets of Mike’s Amusements, Inc. (“Mike’s Amusements”), an Illinois amusement operator. The Com pany initially acquired 73 locations that are or are expected to become operational. Mike’s Amusement’s acquired assets generated revenues and net income of $0.2 million and $0.1 million, respectively, for the period from the acquisition date of October 16, 2018, through December 31, 2018. Family Amusement On October 31, 2018, the Company entered into an agreement to acquire certain assets of Family Amusement, Inc. (“Family Amusement”), an Illinois amusement operator. The Company initially acquired 139 locations that are or are expected to become operational. Family Amusement’s acquired assets generated revenues and net income of $0.1 million and $0.1 million, respectively, for the period from the acquisition date of October 31, 2018, through December 31, 2018. The Company entered into a promissory note in connection with the acquisition. The promissory note provides for three annual installments of $0.4 million from 2019 through 2021, one installment of $0.7 million in 2022, and one installment of $2.1 million in 2023. The first installment was paid upon signing of the promissory note and each subsequent installment shall be paid on or before the anniversary date of the signing of the promissory note. The fair value of the consideration due as of December 31, 2020 and December 31, 2019 was $3.0 million and $3.1 million, respectively. The consideration is included in the consideration payable on the consolidated balance sheets at December 31, 2020 and 2019. The Company and Family Amusement had a pre-existing relationship prior to the business acquisition. Under that pre-existing relationship the Company had route and customer acquisition costs payable to Family Amusement. As a result of the business acquisition, the pre-existing route and customer acquisition payables to Family Amusement were settled and cost and accumulated amortization of the existing Family Amusement route and customer acquisition cost assets was disposed, and a $0.1 million reduction in amortization of route and customer acquisition costs and location contracts acquired was recorded. Pro Forma Results The following unaudited pro forma consolidated financial information reflects the results of operations of the Company for the years ended December 31, 2020, 2019 and 2018 as if the acquisitions of AVG, Tom's Amusements, Grand River Jackpot, Quad B, Skyhigh, G3, Mike’s Amusements, and Family Amusement, had occurred as of the beginning of the fiscal year prior to the fiscal year of acquisition, after giving effect to certain purchase accounting adjustments. These amounts are based on available financial information of the acquirees prior to the acquisition dates and are not necessarily indicative of what the Company’s operating results would have been had the acquisitions actually taken place at the beginning of the fiscal year prior to the fiscal year of acquisition. This unaudited pro forma information for the years ended December 31, does not project revenues and income before income tax expense post acquisition (in thousands). 2020 2019 2018 Revenues $ 327,090 $ 466,466 $ 409,142 Net (loss) income (13,200) (2,598) 16,098 Consideration Payable The Company has a contingent consideration payable related to certain locations, as defined, in the respective acquisition agreement which are placed into operation during a specified period after the acquisition date. The fair value of contingent consideration is included in the consideration payable on the consolidated balance sheets as of December 31, 2020 and 2019. The contingent consideration accrued is measured at fair value on a recurring basis. Current and long-term portions of consideration payable consist of the following at December 31 (in thousands): 2020 2019 Current Long-Term Current Long-Term TAV * $ 490 $ 3,206 $ 490 $ 3,497 Abraham * — — 55 — Fair Share Gaming * 1,096 523 1,057 899 Family Amusement 391 2,609 293 2,815 Skyhigh 601 5,789 763 3,948 G3 355 100 2,952 154 Grand River Jackpot — 5,755 2,304 5,113 IGS 80 — 2,379 — Tom's Amusements — 1,455 — — AVG — 1,506 — — Total $ 3,013 $ 20,943 $ 10,293 $ 16,426 • Acquisitions that occurred prior to 2018.

Contingent Earnout Share Liabil

Contingent Earnout Share Liability	12 Months Ended
	Dec. 31, 2020
Contingent Earnout [Abstract]
Contingent Earnout Share Liability	Contingent Earnout Share Liability As discussed in Notes 1 and 4, on November 20, 2019, the Company, consummated a business combination pursuant to the Transaction Agreement, which has been accounted for as a reverse recapitalization. P ursuant to the terms of the Company’s Amended and Restated Certificate of Incorporation, the Company authorized and has available for issuance 10,000,000 shares of Class A-2 Common Stock. The holders of the Class A-2 Common Stock do not have voting rights and are not entitled to receive or participate in any dividends or distributions when and if declared from time to time. The Company concluded that the Class A-2 common stock should be reflected as a contingent earnout share liability due to the fact that such shares are not entitled to dividends, voting rights, or a stake in the Company in the case of liquidation. As discussed in Note 4, 5,000,000 shares of Class A-2 Common Stock were issued with other consideration prior to the reverse recapitalization , subject to the conditions set forth in a restricted stock agreement, which sets forth the terms upon which the Class A-2 Common Stock will be exchanged for an equal number of validly issued, fully paid and non-assessable Class A-1 Common Stock. The exchange of Class A-2 Common Stock for Class A-1 Common Stock will be subject to the terms and conditions set forth in the Restricted Stock Agreement, with such exchanges occurring in three separate tranches upon the satisfaction of the following triggers: • Tranche I, equal to 1,666,666 Class A-2 Common Stock, will be exchanged for Class A-1 Common Stock if either (i) the EBITDA for the last twelve months (“ LTM EBITDA ”) of the Company (as determined pursuant to the Restricted Stock Agreement) as of December 31, 2021, March 31, 2022 or June 30, 2022 equals or exceeds $132 million or (ii) the closing sale price of Class A-1 Common Stock on the New York Stock Exchange (“ NYSE ”) equals or exceeds $12.00 for at least twenty trading days in any consecutive thirty trading day period; • Tranche II, equal to 1,666,667 Class A-2 Common Stock, will be exchanged for Class A-1 Common Stock if either (i) the LTM EBITDA of the Company (as determined pursuant to the Restricted Stock Agreement) as of December 31, 2022, March 31, 2023 or June 30, 2023 equals or exceeds $152 million or (ii) the closing sale price of Class A-1 Common Stock on the NYSE equals or exceeds $14.00 for at least twenty trading days in any consecutive thirty trading day period; and • Tranche III, equal to 1,666,667 Class A-2 Common Stock, will be exchanged for Class A-1 Common Stock if either (i) the LTM EBITDA of the Company (as determined pursuant to the Restricted Stock Agreement) as of December 31, 2023, March 31, 2024 or June 30, 2024 equals or exceeds $172 million or (ii) the closing sale price of Class A-1 Common Stock on the NYSE equals or exceeds $16.00 for at least twenty trading days in any consecutive thirty trading day period. The LTM EBITDA thresholds will be reasonably adjusted by the independent directors of the board of the Company (the “ Board ”) from time to time to take into account the anticipated effect of any acquisitions or dispositions that exceed certain thresholds and are otherwise materially different from certain forecasts. Notwithstanding the foregoing, Class A-2 Common Stock, if not previously exchanged for Class A-1 Common Stock pursuant to the triggers described above, will be exchanged for an equal number of Class A-1 common stock immediately prior to the consummation of a transaction or series of related transactions that would result in a third party or group (as defined in or under Section 13 of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”)) becoming the beneficial owner of, directly or indirectly, more than fifty percent of the total voting power of the equity securities of the Company, or more than fifty percent of the consolidated net revenues, net income or total assets (including equity securities of its subsidiaries) of the Company, provided that the satisfaction of the conditions set forth in the aforementioned triggers cannot be determined at such time. The Restricted Stock Agreement further provides that holders of Class A-2 Common Stock are not required to exchange such shares for Class A-1 Common Stock if, (x) prior to giving effect to exchanges pursuant to the triggers described above, such holder beneficially owns less than 4.99% of the issued and outstanding Class A-1 Common Stock, and (y) after giving effect to the exchanges pursuant to the triggers described above, such holder would beneficially own in excess of 4.99% of the issued and outstanding Class A-1 Common Stock. However, notwithstanding the limitation described in the previous sentence, if and when a holder of Class A-2 Common Stock has obtained all required gaming approvals from the applicable gaming authorities permitting such holder to beneficially own Class A-1 Common Stock in excess of 4.99%, then the Class A-2 Common Stock held by such holder which are subject to exchange shall immediately be exchanged for Class A-1 Common Stock without regard to the limitation. On January 14, 2020, the market condition for the settlement of Tranche I was satisfied. However, as discussed above, no shareholder is permitted to own more than 4.99% of the issued and outstanding Class A-1 Common Stock after the settlement unless obtaining required gaming approvals from the applicable gaming authorities. In connection with the settlement, no gaming approvals were obtained. As a result, only 1,666,636 of the 1,666,666 Class A-2 Common Stock were converted into Class A-1 Common Stock.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements ASC Topic 820, Fair Value Measurements and Disclosures , establishes a framework for measuring fair value and the corresponding disclosure requirements around fair value measurements. This topic applies to all financial instruments that are being measured and reported on a fair value basis. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In determining fair value, the various methods including market, income and cost approaches are used. Based on these approaches, certain assumptions are utilized that the market participants would use in pricing the asset or liability, including assumptions about risk and/or the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable inputs. Valuation techniques are utilized that maximize the use of observable inputs and minimize the use of unobservable inputs. Based on the observability of the inputs used in the valuation techniques, it is required to provide information according to the fair value hierarchy. The fair value hierarchy ranks the quality and reliability of the information used to determine fair values. Assets and liabilities carried at fair value will be classified and disclosed in one of the following three categories: Level 1 : Valuations for assets and liabilities traded in active exchange markets, such as the New York Stock Exchange. Level 1 also includes U.S. Treasury and federal agency securities and federal agency mortgage-backed securities, which are traded by dealers or brokers in active markets. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities. Level 2 : Valuations for assets and liabilities traded in less active dealer or broker markets or for similar assets or liabilities in active markets. Level 3 : Valuations for assets and liabilities that are derived from other valuation methodologies, including option pricing models, discounted cash flow models and similar techniques, and not based on market exchange, dealer, or broker traded transactions. Level 3 valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets or liabilities. Assets measured at fair value The following tables summarize the Company’s assets that are measured at fair value on a recurring basis (in thousands): Fair Value Measurement at Reporting Date Using December 31, 2020 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Investment in convertible notes $ 30,129 $ — $ — $ 30,129 Fair Value Measurement at Reporting Date Using December 31, 2019 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Investment in convertible notes $ 30,000 $ — $ — $ 30,000 Investment in convertible notes The Company engaged a third-party firm to assist it in determining the fair of its in the convertible notes. The valuation utilized a binomial lattice model in which a convertible instrument is split into two separate components: a cash-only (debt) component and an equity component. The binomial lattice trees are constructed using a methodology that assigns up and downward movement factors and probabilities based on rates of return, volatility, and time. It allows for the optional conversion features of the convertible promissory notes to be captured by determining whether conversion or continuing to hold is the most economically advantageous to the holder. Upon conversion, future values in the equity component are subject to only the risk-free rate, while the cash-only component associated with continuing to hold the debt instrument is subject to the selected risk-adjusted discount rate. Solving backwards through the trees associated with the equity component and the trees associated with the debt component yields an aggregate discounted value for each. The sum of these values yields the indicated fair value of the convertible promissory notes. The discount rate is the risk-adjusted discount rate that is implied by the rate that allows the discounted cash flows with all terms and conditions modeled to equal the total cash consideration. As such, after modeling the features of convertible promissory notes as of the issuance date using the lattice model framework outlined above, the Company solved for the discount rate that resulted in a value for the note equal to the total cash consideration. The valuation of the Company's convertible promissory notes is considered to be a Level 3 fair value measurement as the significant inputs are unobservable and require significant judgment or estimation. The following table provides a roll-forward of the fair value of recurring Level 3 fair value measurements for assets for the years ended December 31 (in thousands): 2020 2019 Assets: Beginning of year balance $ 30,000 $ — Purchase of investment in convertible notes — 30,000 Fair value adjustments 129 — Ending balance $ 30,129 $ 30,000 Changes in the fair value of the investment in convertible notes is included within comprehensive (loss) income on the accompanying consolidated statements of operations and comprehensive (loss) income . Liabilities measured at fair value The following tables summarizes the Company’s liabilities that are measured at fair value on a recurring basis (in thousands): Fair Value Measurement at Reporting Date Using December 31, 2020 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Liabilities: Contingent consideration $ 17,260 $ — $ — $ 17,260 Contingent earnout shares 33,069 — 33,069 — Total $ 50,329 $ — $ 33,069 $ 17,260 Fair Value Measurement at Reporting Date Using December 31, 2019 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Liabilities: Contingent consideration $ 17,327 $ — $ — $ 17,327 Contingent earnout shares 61,478 — 61,478 — Total $ 78,805 $ — $ 61,478 $ 17,327 Contingent consideration The Company uses a discounted cash flow analysis to determine the value of contingent consideration upon acquisition and updates this estimate on a recurring basis. The significant assumptions in the Company's cash flow analysis includes the probability adjusted projected revenues after state taxes, a discount rate as applicable to each acquisition, and the estimated number of locations that “go live” with the Company during the contingent consideration p eriod. A hypothetical 1% increase in the applicable discount rate would decrease other expenses, net by approximately $0.2 million while a hypothetical 1% decrease in the applicable discount rate would increase other expenses, net by approximately $0.2 million. The valuation of the Company's contingent consideration is considered to be a Level 3 fair value measurement as the significant inputs are unobservable and require significant judgment or estimation. Changes in the fair value of contingent consideration liabilities are classified within other expenses, net on the accompanying consolidated statements of operations and comprehensive (loss) income. Contingent earnout shares The Company determines the fair value of the contingent earnout shares based on the market price of the Company's A-1 common stock. The liability, by tranche, is then stated at present value based on i.) an interest rate derived from the Company's borrowing rate and the applicable risk-free rate and ii.) an estimate on when it expects the contingent earnout shares to convert to A-1 common stock. The valuation of the Company's contingent consideration is considered to be a Level 2 fair value measurement. Changes in the fair value of contingent earnout shares are included within (gain) loss on change in fair value of contingent earnout shares on the accompanying consolidated statements of operations and comprehensive (loss) income The following table provides a roll-forward of the fair value of recurring Level 3 fair value measurements for liabilities for the years ended December 31 (in thousands): 2020 2019 2018 Liabilities: Beginning of year balance $ 17,327 $ 6,782 $ 785 Issuance of contingent consideration in connection with acquisitions 3,245 7,216 5,350 Payment of contingent consideration (4,420) (1,658) (387) Fair value adjustments 1,108 4,987 1,034 Ending balance $ 17,260 $ 17,327 $ 6,782

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2020
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity As discussed in Notes 1 and 3, on November 20, 2019, the Company, consummated a business combination pursuant to the Transaction Agreement, which has been accounted for as a reverse recapitalization. Pursuant to the Certificate of Incorporation as amended on November 20, 2019 and as a result of the reverse recapitalization, the Company retrospectively adjusted the shares issued and outstanding prior to November 20, 2019 to give effect to the exchange ratio used to determine the number of Class A-1 shares of common stock into which they were converted. Pursuant to the terms of the Company’s Amended and Restated Certificate of Incorporation, the Company authorized and has available for issuance the following shares and classes of capital stock, each with a par value of $0.0001 per share: i) 1,000,000 shares of preferred stock; and ii) 250,000,000 shares of Class A-1 Common Stock. Class A-1 Common Stock The holders of the Class A-1 Common Stock are entitled to one vote for each share. The holders of Class A-1 Common Stock are entitled to receive dividends or other distributions when and if declared from time to time and share equally on a per share basis in such dividends and distributions subject to such rights of the holders of preferred stock. On September 28, 2020, the Company completed an underwritten public offering (the “Offering”) of 8,000,000 shares of its Class A-1 common stock (par value $0.0001 per share) at a price of $10.50 per share for a total offering size of $84.0 million. The Company received net proceeds from the sale of shares of Class A-1 Common Stock sold by it in the Offering of approximately $79.2 million (net of underwriting discounts and commissions). The Company incurred offering costs totaling $5.3 million which have been capitalized to additional paid-in capital. The Offering also granted the underwriters an option to purchase up to 1,200,000 additional shares of Class A-1 common stock at the public offering price of $10.50 less the underwriting discount, exercisable at any time within 30 days of September 23, 2020. In October 2020, the underwriters of the Offering partially exercised their option and purchased an additional 1,133,015 shares at a price of $10.50 per share, resulting in additional net proceeds to the Company of approximately $11.2 million (net of underwriting discounts and commissions). Warrants On January 31, 2013, the Company issued 253,575 warrants to certain individual stockholders as compensation for providing a personal guaranty for a revolving loan agreement. The warrants granted their holders the right to purchase the Company’s Class A-1 Common Shares at the price of $17.80 per share anytime from January 31, 2013 through January 30, 2020. The warrants were classified as an equity instrument. As of December 31, 2019, and 2018, there were 0 and 190,575 shares of warrants outstanding. During the year ended December 31, 2019, 190,575 warrants were exercised prior to the reverse recapitalization for proceeds of $3,392,235. As discussed in Note 3, 7,333,326 warrants to purchase shares of Class A-1 Common Stock were issued with other consideration prior to the reverse recapitalization (the “2019 Warrants”). As a part of the reverse recapitalization, 2,444,437 2019 warrants were canceled and reissued under the same terms and conditions to Accel legacy stockholders. Each warrant expires five years from issuance and entitles the holder to purchase one Class A-1 Share at an exercise price of $11.50 per share, subject to adjustments substantially similar to those applicable to the other outstanding warrants, at any time 30 days after the consummation of the reverse recapitalization . In 2017, 15,000,000 warrants to purchase shares of Class A-1 Common Stock were issued in connection with the formation of TPG Pace Holdings (“Public Warrants”). Each warrant expires five years from issuance and entitles the holder to purchase one Class A-1 Share at an exercise price of $11.50 per share, subject to adjustments substantially similar to those applicable to the other outstanding warrants, at any time 30 days after the consummation of the reverse recapitalization. On July 14, 2020, the Company announced that it had commenced an exchange offer (the "Offer") to all holders of its outstanding warrants to receive 0.25 shares of Class A-1 Common Stock in exchange for each warrant tendered pursuant to the Offer. The Offer was open until 11:59 p.m., Eastern Standard Time, on August 11, 2020. On July 16, 2020, the Company consummated the redemption of its Public Warrants. The Company exchanged each Public Warrant for 0.25 shares of the Company’s Class A-1 Common Stock and issued 3,784,416 shares of its Class A-1 Common Stock in exchange for the Public Warrants at settlement of the redemption. The exchange was an equitable exchange at fair value and was accounted for as a capital transaction. On July 22, 2020, the Company received written notice from the New York Stock Exchange (the “NYSE”) that the NYSE suspended trading in, and has determined to commence proceedings to delist, the Company’s Public Warrants to purchase shares of the Company’s Class A-1 Common Stock (ticker symbol ACEL.WS) from the NYSE. The delisting is a result of the failure of the Public Warrants to comply with the continued listing standard set forth in Section 802.01D of the NYSE Listed Company Manual which requires the Company to maintain at least 100 public holders of a listed security. On August 14, 2020, 7,189,990 of the 2019 Warrants were validly tendered representing approximately 99.93% of the total 2019 Warrants outstanding. The Company accepted all such warrants and issued an aggregate of 1,797,474 shares of its Class A-1 Common Stock in exchange for the warrants tendered. At December 31, 2020 and 2019, the Company has reserved Class A-1 Common Stock for future issuance in relation to the following: 2020 2019 Class A-1 Common Stock warrants issued and outstanding 5,411 22,333,308 Class A-1 Common Stock options and RSUs issued and outstanding 3,885,360 2,376,700 Conversion of Class A-2 Common Stock 3,333,363 4,999,999 Class A-1 Common Stock reserved for issuance 7,224,134 29,710,007

Gaming Terminal Fees

Gaming Terminal Fees	12 Months Ended
	Dec. 31, 2020
Gaming Terminal Fees [Abstract]
Gaming Terminal Fees	Gaming Terminal Fees In accordance with the Illinois Video Gaming Act, a 34% tax on net terminal income (such tax increased from 30% to 33% beginning on July 1, 2019 and from 33% to 34% beginning on July 1, 2020) , as defined, is payable to the State of Illinois Gaming Board. Through July 2018, a 0.7275% administrative fee was payable to a third-party at the direction of the State of Illinois Gaming Board (the “administrative fee”). Effective July 2018, the administrative fee increased to 0.8513%. Gaming terminal fees, which consist of the tax and administrative fee, totaled $103.6 million, $133.2 million and $99.1 million for the years ended December 31, 2020, 2019 and 2018, respectively. The net terminal income remaining is split “50/50” between the Company and the licensed gaming location. The licensed gaming location's share of net terminal income totaled $98.3 million, $138.8 million and $111.4 million for the years ended December 31, 2020, 2019 and 2018, respectively. The gaming terminal fees and the licensed gaming location's share of net terminal income are recorded in cost of revenue in the accompanying consolidated s tatements of operations and comprehensive (loss) income .

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2020
Retirement Benefits [Abstract]
Employee Benefit Plans	Employee Benefit Plans 401(k) Plan The Company maintains a 401(k)-benefit plan for all employees with at least three months of service and have reached 21 years of age. Participants are 100% vested in their contributions. The Company provides an employer match contribution of 50% of the participants’ contribution up to 5% of their compensation. Participants are fully vested in the employer match contribution after one year of employment. The Company may also make profit sharing contributions to the plan which vest 20% a year after the first 2 years of employment and are fully vested after 6 years of employment. The Company may also elect to make other discretionary contributions to the Plan. The Company incurred 401(k)-benefit plan expense of approximately $0.6 million, $0.6 million and $0.5 million for the years ended December 31, 2020, 2019 and 2018, respectively. Incentive Compensation Plan Included in certain employee agreements are provisions for bonuses, which are determined at the discretion of management. Bonus expense amounted to $1.9 million, $2.1 million and $1.8 million for the years ended December 31, 2020, 2019 and 2018, respectively. Accrued bonuses totaled $2.5 million and $1.7 million at December 31, 2020 and 2019, respectively.

Stock-based Compensation

Stock-based Compensation	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Stock-based Compensation	Stock-based Compensation The Company grants various types of stock-based awards including stock options and restricted stock units (“RSUs”). Stock-based awards are valued on the date of grant and are expensed over the required service period. Total stock-based compensation expense recognized during the years ended December 31, 2020, 2019 and 2018, was $5.5 million, $2.2 million and $0.5 million, respectively. As of December 31, 2020, and 2019, there was approximately $20.0 million and $0.9 million, respectively, of unrecognized compensation expense related to stock-based awards, which is expected to be recognized through 2025. During the years ended December 31, 2020, 2019 and 2018, the Company recognized excess tax benefits (expense) from stock-based compensation of $5.2 million, $(0.1) million, and $1.0 million, respectively, within income tax (benefit) expense in the consolidated statements of operations and comprehensive (loss) income. Excess tax benefits (expense) reflect the total realized value of the Company’s tax deductions from individual stock option exercise transactions and the vesting of restricted stock awards in excess (deficit) of the deferred tax assets that were previously recorded. Grant of Stock Options The Company previously adopted the 2011 Equity Incentive Plan of Accel Entertainment, Inc., and 2016 Equity Incentive Plan of Accel Entertainment, Inc., (collectively, “Plans”). Under the Plans, the aggregate number of shares of common stock that may be issued or transferred pursuant to options or restricted stock awards under the Plans will not exceed ten percent of the outstanding shares of the Company. Options generally vest over a three In conjunction with the closing of the reverse recapitalization, the Accel Entertainment, Inc. Long Term Incentive Plan (the “LTIP”) was adopted. The LTIP provides for grants of a variety of awards to employees and non-employees for providing services to the Company, including, but not limited to incentive stock options qualified as such under U.S. federal income tax laws, stock options that do not qualify as incentive stock options, stock appreciation rights, restricted stock awards, restricted stock units, cash incentive awards, and other stock-based awards. The Company has reserved, and in January 2020 registered, a total of 6,000,000 shares of Class A-1 common stock for issuance pursuant to the LTIP, subject to certain adjustments set forth therein. The term of any options to be granted are for a maximum of 10 years from the grant date. The exercise price of stock options shall not be less than 100% of the fair market value per share of common stock on the grant date. Under the LTIP, the Company granted 1.2 million options to eligible officers and employees of the Company during the first quarter of 2020, which shall vest over a period of 5 years. The Company also granted 0.2 million options to eligible officers of the Company during the third quarter of 2020, which shall vest over a period of 4 years. During the third quarter of 2020, the Company also issued 1.7 million restricted stock units (“RSUs”) to board of directors and certain employees, which shall vest over a period of 1 to 5 years for employees and a period of 6 months to 1 year for board of directors. The estimated grant date fair value of these options and RSUs totaled $25.1 million. The Company uses the Black-Scholes formula to estimate the fair value of its stock-based payments. The volatility assumption used in the Black-Scholes formula is based on the volatility of comparable public companies. The Company determined the share price at grant date used in the Black-Scholes formula based on an internal valuation model for options granted prior to the Company going public. Upon going public, the Company used the closing market stock price on the date of grant. The fair value assigned to each option is estimated on the date of grant using a Black-Scholes-based option valuation model. The expected term of each option granted represents the period of time that each option granted is expected to be outstanding. The risk-free rate for periods within the contractual life of the unit is based on U.S. Treasury yields in effect at the time of grant. The following assumptions were used in the option valuation model for options granted during the years ended December 31, 2020 2019 * 2018 Expected approximate volatility 38% —% 35% Expected dividends None None None Expected term (in years) 7 None 3-5 Risk-free rate 0.44% -1.19% —% 2.41% - 2.62% Stock price N/A N/A $4 - $5 * there were no options granted in 2019 A summary of the options granted and the range in vesting periods based on specific provisions within the option agreements during the years ended December 31, are as follows: 2020 2019 * 2018 Options granted 1,449,779 0 108,288 Vesting period (in years) 4 - 5 0 3 - 5 The following table sets forth of the activities of the Company’s vested stock options for the years ended December 31, 2020, 2019 and 2018. Outstanding options Shares Weighted Average Grant Date Fair Value Weighted Average Exercise Price Outstanding at January 1, 2018 4,122,910 $ 0.69 $ 2.03 Granted 108,288 1.73 5.10 Exercised (284,642) 0.40 1.15 Forfeited/expired (114,132) 1.03 2.96 Outstanding at December 31, 2018 3,832,424 0.73 2.16 Granted — — — Exercised (2,590,274) 0.62 1.84 Forfeited/expired (13,751) 0.77 2.33 Outstanding at December 31, 2019 1,228,399 0.96 2.91 Granted 1,449,779 4.49 11.20 Exercised (359,987) 0.69 2.33 Forfeited/expired (68,580) 1.32 3.85 Outstanding at December 31, 2020 2,249,611 3.25 8.32 A summary of the status of the activities of the Company’s nonvested stock options for the years ended December 31, 2020, 2019 and 2018 is as follows. Nonvested options Shares Weighted Average Grant Date Fair Value Nonvested at January 1, 2018 2,735,572 $ 0.73 Granted 108,288 1.73 Vested (1,032,910) 0.62 Forfeited (101,361) 1.07 Nonvested at December 31, 2018 1,709,589 0.82 Granted — 0.00 Vested (547,537) 0.85 Forfeited (13,751) 0.77 Nonvested at December 31, 2019 1,148,301 0.95 Granted 1,449,779 4.49 Vested (496,464) 0.08 Forfeited (68,580) 1.32 Nonvested at December 31, 2020 2,033,036 3.49 As of December 31, 2020, and 2019, a total of 216,575 and 80,098 options with a weighted-average remaining contractual term of 1.6 and 1.9 years, respectively, granted to key employees were vested. The fair value of options that vested during 2020, 2019 and 2018 was $0.4 million, $1.2 million, and $0.6 million, respectively. As of December 31, 2020, and 2019, the weighted-average exercise price of the non-vested awards was $8.87 and $2.86, respectively. As of December 31, 2020, and 2019, the weighted-average remaining contractual term of the outstanding awards was 6.5 and 2.7 years, respectively. The total intrinsic value of options that were exercised during the years ended December 31, 2020, 2019 and 2018 was approximately $2.2 million, $20.7 million and $4.4 million, respectively. The aggregate intrinsic value of options outstanding as of December 31, 2020 is $5.8 million. Grant of RSUs As previously mentioned, the Company issued 1.7 million RSUs to Directors and certain employees during the third quarter of 2020, which shall vest over a period of 1 to 5 years for employees and a period of 6 months to 1 year for Directors. The RSUs are valued using the stock price on the grant date. The following table sets forth the activities of the Company’s RSUs for the year ended December 31, 2020. Non-vested RSUs Shares Weighted Average Grant Date Fair Value Nonvested at January 1, 2020 — $ — Granted 1,665,968 11.16 Vested (4,960) 10.08 Forfeited (25,259) 11.66 Nonvested at December 31, 2020 1,635,749 11.15

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Prior to the consummation of the reverse recapitalization, TPG Pace Holding Corp. was registered in the Cayman Islands. On November 20, 2019 TPG Pace Holding Corp. effected a deregistration as an exempted company in the Cayman Islands under the Cayman Islands Companies Law (2018 Revision), and a domestication as a corporation incorporated under the laws of the State of Delaware under Section 388 of the DGCL, pursuant to which the Company's jurisdiction of incorporation was changed from the Cayman Islands to the State of Delaware. This domestication was analyzed under the applicable tax laws and it was determined that there were no significant tax implications associated with the domestication. The Company recognized income tax (benefit) expense of $(16.9) million, $5.2 million and $4.4 million during the years ended December 31, 2020, 2019 and 2018, respectively, which consists of the following (in thousands): 2020 2019 2018 Current provision Federal $ — $ (85) $ (100) State — 43 222 Total current provision — (42) 122 Deferred provision Federal (12,286) 3,740 3,256 State (4,632) 1,501 1,044 Total deferred provision (16,918) 5,241 4,300 Total income tax (benefit) expense $ (16,918) $ 5,199 $ 4,422 A reconciliation of the “expected” income taxes computed by applying the federal statutory income tax rate to the total (benefit) expense is as follows (in thousands): 2020 2019 2018 Computed “expected” tax (benefit) expense $ (6,279) $ (2,205) $ 3,197 (Decrease) increase in income taxes resulting from: State income taxes (2,848) 1,634 1,219 Return-to-provision (7,613) (341) — Change in fair value of contingent earnout shares (1,782) 2,066 — Permanently non-deductible transaction costs 485 2,079 — Officer's compensation — 1,991 — Other permanent items 220 (16) (264) Enacted rate change (6) — — Other 905 (9) 270 Total income tax (benefit) expense $ (16,918) $ 5,199 $ 4,422 In the third quarter of 2020, the Company filed its federal and state income tax returns and identified certain favorable return-to-provision adjustments, primarily the deductibility of employee and officer compensations costs and transaction costs, following the engagement of specialized tax technical expertise resulting in a change in estimate relative to the Company's best estimate used in the preparation of the 2019 income tax provision. The Company recorded this change in estimate and related income tax benefit of $7.6 million for the year ended December 31, 2020. The tax effects of temporary differences that gave rise to significant portions of the deferred tax assets and liabilities were as follows at December 31 (in thousands): 2020 2019 Deferred tax assets: Net operating loss carryforwards $ 31,215 $ 6,633 Location contracts and other intangibles 5,829 4,699 Stock-based compensation 1,428 — Other 394 260 38,866 11,592 Deferred tax liabilities: Property and equipment 35,005 24,568 Unrealized gain on investments in convertible notes 37 — 35,042 24,568 Total deferred tax assets and liabilities, net $ 3,824 $ (12,976) A valuation allowance is required to be established or maintained when, based on currently available information, it is more likely than not that all or a portion of a deferred tax asset will not be realized. The guidance on accounting for income taxes provides important factors in determining whether a deferred tax asset will be realized, including whether there has been sufficient taxable income in recent years and whether sufficient taxable income can reasonably be expected in future years in order to utilize the deferred tax asset. The Company evaluated the need to record a valuation allowance for deferred tax assets based on an assessment of whether it is more likely than not that deferred tax benefits will be realized through the generation of future taxable income. Appropriate consideration was given to all available evidence, both positive and negative, in assessing the need for a valuation allowance. As a result of this evaluation, the Company concluded as of December 31, 2020, that the positive evidence outweighed the negative evidence and that it is more likely than not that its deferred tax assets will be realized As of December 31, 2020, and 2019, the Company has not recorded a liability for unrecognized tax benefits. The Company is subject to U.S. federal income tax as well as income tax of multiple state jurisdictions. As of December 31, 2020, the Company was subject to U.S federal income tax examinations for the years 2017 through 2019 and income tax examinations from state jurisdictions for the years 2017 through 2019. The Company is currently under federal income tax audit for the tax year 2017. The following table summarizes carryforwards of net operating losses as of December 31 (in thousands): 2020 2019 Amount Expiration Amount Expiration Federal net operating losses $ 108,830 2033 $ 27,873 2033 State net operating losses 106,004 2024 14,454 2024 The Company also has credit carryforwards of approximately $0.4 million and $0.5 million as of December 31, 2020 and 2019, respectively, which are expected to be fully utilized in 2021.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies The Company leases office space under agreements expiring at various dates from June 2021 through October 2023. Total rent expense under these leases approximated $0.5 million, $0.3 million and $0.3 million for the years ended December 31, 2020, 2019 and 2018, respectively. The Company recognizes rent expense on a straight-line basis over the life of the leases. Rent expense is recorded in general and administrative expense in the accompanying consolidated statements of operations and comprehensive (loss) income. Future minimum payments under these leases are as foll ows (in thousands): Years ending December 31: 2021 $ 336 2022 259 2023 148 Total $ 743 The Company has certain earnouts in periods for future location performance related to certain business acquisitions (see discussion in Note 10). The Company has certain employment agreements that call for salaries and potential severance upon termination. Lawsuits and claims are filed against the Company from time to time in the ordinary course of business, including related to employment of professionals and non-compete clauses and agreements. Other than settled matters explained as follows, these actions are in various stages, and no judgments or decisions have been rendered. Management, after reviewing matters with legal counsel, believes that the outcome of such matters will not have a material adverse effect on the Company’s financial position or results of operations. Accel has been involved in a series of related litigated matters stemming from claims that Accel wrongly contracted with 10 different licensed establishments (the “Defendant Establishments”) in 2012 in violation of the contractual rights held by J&J Ventures Gaming, LLC (“J&J”), as further described below. On August 21, 2012, one of the Company’s operating subsidiaries entered into certain agreements with Jason Rowell (“Rowell”), a member of Action Gaming LLC (“Action Gaming”), which was an unlicensed terminal operator that had exclusive rights to place and operate VGTs within a number of establishments, including the Defendant Establishments. Under agreements with Rowell, the Company agreed to pay him for each licensed establishment which decided to enter into exclusive location agreements with the Company. In late August and early September 2012, each of the Defendant Establishments signed separate location agreements with the Company, purporting to grant it the exclusive right to operate VGTs in those establishments. Separately, on August 24, 2012, Action Gaming sold and assigned its rights to all its location agreements to J&J, including its exclusive rights with the Defendant Establishments (the “J&J Assigned Agreements”). At the time of the assignment of such rights to J&J, the Defendant Establishments were not yet licensed by the Illinois Gaming Board (“IGB”). Action Gaming, J&J, and other parties, collectively, the Plaintiffs, filed a complaint against the Company, Rowell, and other parties in the Circuit Court of Cook County (the “Circuit Court”), on August 31, 2012, as amended on November 1, 2012, December 19, 2012, and October 3, 2013, alleging, among other things, that the Company aided and abetted Rowell in breaches of his fiduciary duties and contractual obligations with Action Gaming and tortiously interfered with Action Gaming’s contracts with Rowell and agreements assigned to J&J. The complaint seeks damages and injunctive and equitable relief. On January 24, 2018, the Company filed a motion to dismiss for lack of subject matter jurisdiction, as further described below. On May 14, 2018, the Circuit Court denied the Company’s motion to dismiss and granted a stay to the case, pending a ruling from the IGB on the validity of the J&J Assigned Agreements. From 2013 to 2015, the Plaintiffs filed additional claims, including J&J Ventures Gaming, LLC et al. v. Wild, Inc. (“Wild”), in various circuit courts seeking declaratory judgements with a number of establishments, including each of the Defendant Establishments, requesting declarations that, among other things, J&J held the exclusive right to operate VGTs at each of the Defendant Establishments as a result of the J&J Assigned Agreements. The Company was granted leave to intervene in all of the declaratory judgments. The circuit courts found that the J&J Assigned Agreements were valid because each of the underlying location agreements were between an unlicensed establishment and an unlicensed terminal operator, and therefore did not constitute use agreements that were otherwise precluded from assignment under the IGB’s regulations. Upon the Company’s appeal, the Illinois Appellate Court, Fifth District (the “District Court”), vacated the circuit courts’ judgments and dismissed the appeals, holding that the IGB had exclusive jurisdiction over the matter that formed the basis of the parties’ claims, and declined to consider the merits of the parties’ disputes. On September 22, 2016, and after the IGB intervened, the Supreme Court of Illinois issued a judgment in Wild , affirming the District Court’s decision vacating the circuit courts’ judgments for lack of subject matter jurisdiction and dismissing the appeals, determining that the IGB has exclusive jurisdiction to decide the validity and enforceability of VGT use agreements. Between May 2017 and September 2017, both the Company and J&J filed petitions with the IGB seeking adjudication of the rights of the parties and the validity of the use agreements. Those petitions have been fully briefed and remain pending. There is no indication as to when the IGB will rule on the petitions. The Company does not have a present estimate regarding the potential damages, if any, that could potentially be awarded in this litigation and, accordingly, have established no reserves relating to such matters. There are also petitions pending with the IGB which could lead to the Company obtaining new locations. On October 7, 2019, the Company filed a lawsuit in the Circuit Court of Cook County against Jason Rowell and other parties related to Mr. Rowell’s breaches of his non-compete agreement with the Company. The Company alleged that Mr. Rowell and a competitor were working together to interfere with the Company’s customer relationships. On November 7, 2019, Mr. Rowell filed a lawsuit in the Circuit Court of Cook County against the Company alleging that he had not received certain equity interests in the Company to which he was allegedly entitled under his agreement. The Company has answered the complaint and asserted a counterclaim, and intends to defend itself against the allegations. Mr. Rowell's claims and the Company's claims are both being litigated in this lawsuit, while the original lawsuit remains pending against the other defendants. The Company does not have a present estimate regarding the potential damages, nor does it believe any payment of damages is probable, and, accordingly, has established no reserves relating to these matters. During the year ended December 31, 2018, the Company entered into a settlement agreement regarding breach of contract with Family Amusements (see discussion in Note 10). Additionally, during the year ended December 31, 2018, the Company entered into settlement agreements related to breach of contract and employment matters for a total of $0.4 million, which was recorded within general and administrative expenses on the consolidated statements of operations and comprehensive (loss) income. On July 2, 2019, Illinois Gaming Investors, LLC filed a lawsuit against the Company. The lawsuit alleges that a current employee of the Company violated his non-competition agreement with Illinois Gaming Investors, LLC, and together with the Company, wrongfully solicited prohibited licensed video gaming locations. The lawsuit on its face seeks damages of $10.0 million. The parties are engaging in discovery. The Company is in the process of defending this lawsuit, and has not accrued any amounts as losses related to this suit are not probable or reasonably estimable. On December 18, 2020, the Company received a disciplinary complaint from the IGB alleging violations of the Video Gaming Act and the IGB’s Adopted Rules for Video Gaming. The disciplinary complaint seeks to fine the Company in the amount of $5 million. The Company filed its initial answer to the IGB’s complaint on January 11, 2021 and have begun the administrative hearing process. The Company intends to vigorously defend itself against the allegations in the complaint and denies any allegations of wrongdoing. The Company has not accrued any amounts related to this complaint as losses are not probable or reasonably estimable.

Related-Party Transactions

Related-Party Transactions	12 Months Ended
	Dec. 31, 2020
Related Party Transactions [Abstract]
Related-Party Transactions	Related-Party Transactions Subsequent to the Company's acquisitions of Fair Share, G3 and Tom's Amusements, the sellers became employees of the Company. Consideration payable to the Fair Share seller was $1.6 million and $2.0 million as of December 31, 2020 and 2019. Payments to the Fair Share seller under the acquisition agreement were $0.9 million for both of the years ended December 31, 2020 and 2019 and zero for the year ended December 31, 2018. Consideration payable to the G3 sellers was $0.5 million and $3.1 million as of December 31, 2020 and 2019. Payments to the G3 seller under the acquisition agreement were $2.5 million and $0.4 million during the years ended December 31, 2020 and 2019 and zero for the year ended December 31, 2018. Consideration payable to the Tom's Amusements seller was $1.5 million as of December 31, 2020 and there were no payments made to the Tom's Amusements seller for the year ended December 31, 2020. The Company engaged Much Shelist, P.C. (“Much Shelist”), as its legal counsel for general legal and business matters. An attorney at Much Shelist is a related party to management of the Company. For the years ended December 31, 2020, 2019, and 2018, Accel paid Much Shelist $0.1 million, $0.6 million, and $0.3 million, respectively. These payments were included in general and administrative expenses within the consolidated statements of operations and comprehensive (loss) income, however, $0.2 million of the amounts paid in the fourth quarter of 2019 were recorded to additional paid-in capital as these costs were determined to be direct and incremental for the reverse recapitalization discussed in Note 3. As previously mentioned, the Company completed an underwritten public offering of 8,000,000 shares of its Class A-1 common stock, pursuant to the terms of an Underwriting Agreement, dated September 23, 2020, with Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein. The Raine Group, which employs a director of the Company, Gordon Rubenstein, was part of the underwriting group and was paid fees totaling $0.2 million (5.5% of underwriting fee which was 4.5% of $84 million). These payments were capitalized to additional paid-in-capital on the consolidated statements of stockholders' equity. The Raine Group also provided investment banking services and assisted the Company in the negotiations and consummation of the reverse recapitalization. The Company paid $11 million to the Raine Group in 2019. Throughout the third quarter of 2019, one of the Company’s Class A Common Stockholders made payments on behalf of the Company directly to the Company’s independent registered public accounting firm for services rendered to the Company during the same period totaling $2.9 million. Such amounts are included as a component of other expenses, net in the Company’s consolidated statements of operations and comprehensive (loss) income and contributed capital in the consolidated statement of stockholders’ equity. From time to time the Company entered into stock buy-back and cashless option conversion transactions in exchange for non-recourse stockholder notes for certain officers and employees of the Company. Prior to the reverse recapitalization described in Note 3, these balances were paid in full to the Company.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Pursuant to the Certificate of Incorporation as amended on November 20, 2019 and as a result of the reverse recapitalization, the Company has retrospectively adjusted the weighted average shares outstanding prior to November 20, 2019 to give effect to the exchange ratio used to determine the number of Class A-1 shares of common stock into which they were converted. Basic earnings (loss) per share (“EPS”) is computed based on the weighted average number of shares of Class A-1 shares outstanding during the period. Diluted EPS is computed based on the weighted average number of shares plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options, stockholder notes receivable, and warrants. Since the shares issuable under the contingent earnout are contingently issuable shares that depend on future earnings or future market prices of the common stock or a change in control, the shares are excluded when computing diluted earnings (loss) per share unless the shares would be issuable if the reporting date was the end of the contingency period. Upon settlement, these shares are included in Class A-1 common stock in the Company’s basic EPS share count. The components of basic and diluted EPS were as follows (in thousands, except per share amounts): 2020 2019 2018 Net (loss) income $ (12,984) $ (15,701) $ 10,803 Basic weighted average outstanding shares of common stock 83,045 61,850 57,621 Dilutive effect of stock-based awards for common stock — — 1,605 Dilutive effect of stockholder notes receivable for common stock — — 407 Dilutive effect of warrants for common stock — — 2,549 Diluted weighted average outstanding shares of common stock 83,045 61,850 62,182 Earnings (loss) per share: Basic $ (0.16) $ (0.25) $ 0.19 Diluted $ (0.16) $ (0.25) $ 0.17 Since the Company was in a net loss position for the years ended December 31, 2020 and 2019, there is no difference between basic and dilutive weighted average common stock outstanding.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On March 9, 2021, the Company and the terminal operator entered into the Second Omnibus Amendment (the “Second Amendment”) to both of the convertible notes and the agreement to purchase the convertible notes. The Second Amendment, among other things, extends the December 31, 2020 maturity and conversion feature of the $5.0 million convertible note to December 31, 2021, the maturity and conversion feature of the $25.0 million convertible note to June 1, 2024 and the beginning of the payback period for the $25.0 million convertible note from December 31, 2020 to January 1, 2022. On March 2, 2021, the Company announced that it entered into a securities purchase agreement, to acquire Century Gaming Inc. (“Century”). Century is Montana’s largest gaming operator and a leader in the Nevada gaming market with over 900 licensed establishments and more than 8,500 gaming terminals across both states. Pursuant to the purchase agreement, the Company will acquire all of the outstanding equity interests of Century in a cash and stock transaction valued at $140 million. Each company’s board of directors unanimously approved the transaction, which is expected to close by the end of 2021, subject to the satisfaction of customary closing conditions, including regulatory approvals from applicable gaming authorities. The transaction will be funded through a combination of the Company’s cash on hand and capacity under its existing credit facility, in addition to the issuance of Accel shares.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Basis of presentation and preparation	Basis of presentation and preparation : The consolidated financial statements and accompanying notes were prepared in conformity with U.S. GAAP and the rules and regulations of the Securities and Exchange Commission (“SEC”).
Adopted accounting pronouncements / Recent accounting pronouncements	Adopted accounting pronouncements: In December 2019, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update (“ ASU ”) No. 2019-12, Simplifying the Accounting for Income Taxes (“ASU 2019-12”), which intends to simplify the guidance by removing certain exceptions to the general principles and clarifying or amending existing guidance. ASU 2019-12 is effective for fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022. The Company early adopted the new standard in Q2 2020 (effective January 1, 2020) on a prospective basis. The adoption of the new standard did not have a material impact on the Company's financial statements. Previously adopted accounting pronouncements : In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) , which amends the existing revenue recognition guidance and creates a new topic for Revenue from Contracts with Customers. The guidance provides that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. This guidance also substantially revises required interim and annual disclosures. The Company, as an Emerging Growth Company ("EGC"), elected to use the non-public effective date and adopted the standard in the fourth quarter of 2019 for the annual period ended December 31, 2019. The Company also elected the modified retrospective adoption approach and applied the standard to all contracts open as of January 1, 2019. The Company's quarterly financial statement disclosure for the first nine months of 2019 reflect the previous accounting standard of FASB Accounting Standards Codification ("ASC") 605, Revenue Recognition, and will not be restated for the adoption of Topic 606. The cumulative impact of the new revenue standard for fiscal year 2019 was recorded in the fourth quarter and reflects the adjustment as if the Company adopted the standard as of January 1, 2019. The timing and amount of revenue recognized by the Company did not change upon the adoption of the new standard, however the Company's accounting for route acquisition costs was impacted. ASC 340-40, Other Assets and Deferred Costs - Contracts With Customers (“ASC 340-40”), issued in conjunction with ASU 2014-09, provides updated guidance around accounting for the incremental costs of obtaining a contract with a customer and for the costs incurred to fulfill a contract with a customer. ASC 340-40 states that an entity should amortize contract cost assets “on a systemic basis that is consistent with the transfer to the customer of the good or services to which the asset relates”, which typically corresponds to the period in which revenue will be recognized. The Company chose straight-line amortization of the contracts as it felt that best depicted when revenue would be recognized and when customers are visiting the gaming establishments. When determining the appropriate amortization period under ASC 340-40, the Company evaluated the impact of any renewal clauses that are likely to be exercised. The Company focused on whether commissions paid for renewals were commensurate with commissions paid on the original contract. The Company determined the renewal commissions were not commensurate and the amortization period should include Recent accounting pronouncements : In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) . The guidance in this ASU supersedes the leasing guidance in Topic 840, Leases . In July 2018, the FASB also issued ASU No. 2018-11, Leases (Topic 842): Targeted Improvements , which provides an optional transition method allowing the standard to be applied at the adoption date. Under the new guidance, lessees are required to recognize lease assets and lease liabilities on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the statement of operations. The new standard is effective for the Company's fiscal year beginning after December 15, 2021, including interim periods within fiscal years beginning after December 15, 2020, unless the Company disqualifies as an emerging growth company, in which case earlier adoption may be required . A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is assessing impact of the standard on its consolidated financial statements.
Use of estimates	Use of estimates : The preparation of consolidated financial statements requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) disclosure of contingent assets and liabilities at the date of the consolidated financial statements and (iii) the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates used by the Company include, among other things, the useful lives for depreciable and amortizable assets, income tax provisions, the evaluation of the future realization of deferred tax assets, projected cash flows in assessing the initial valuation of intangible assets in conjunction with business and asset acquisitions, the selection of useful lives for depreciable and amortizable assets in conjunction with business and asset acquisitions, the valuation of level 3 investments, contingencies, and the expected term of share-based compensation awards and stock price volatility when computing share-based compensation expense. The Company also estimated stock prices prior to the reverse recapitalization discussed in Note 3 when computing share-based compensation expense. Actual results may differ from those estimates.
Segment information	Segment information : The Company operates as a single operating segment. The Company’s chief operating decision maker (“CODM”) is the chief executive officer, who has ultimate responsibility for the operating performance of the Company and the allocation of resources. The CODM assesses the Company’s performance and allocates resources based on consolidated results, and this is the only discrete financial information that is regularly reviewed by the CODM.
Cash and cash equivalents	Cash and cash equivalents : Cash and cash equivalents include bank deposit accounts; term bank deposit accounts; uncollected cash in the Company’s video gaming terminals, ATMs, and redemption terminals; and cash in Company vaults. The Company’s policy is to limit the amount of credit exposure to any one financial institution. The Company maintains its cash in accounts which may at times exceed Federal Deposit Insurance Corporation insured limits. The Company has not experienced any losses in such accounts.
Convertible notes	Convertible notes: At acquisition, an entity shall classify debt securities as trading, available-for-sale, or held-to-maturity. While the Company has no the intention of selling the notes, it cannot classify them as held-to-maturity due to the conversion feature.
Property and equipment	Property and equipment : Property and equipment are stated at cost or fair value at the date of acquisition. Maintenance and repairs are charged to expense as incurred. Major additions, replacements and improvements are capitalized. Spare parts are included in other current assets when acquired and are expensed when used to repair equipment. Depreciation has been computed using the straight-line method over the following estimated useful lives: Years Video game terminals and equipment 10 Amusement and other equipment 7 Office equipment and furniture 7 Computer equipment and software 3-5 Leasehold improvements 5 Vehicles 5 Buildings and improvements 15-29 Leasehold improvements are amortized over the shorter of the useful life or the lease.
Concentration of credit risk	Concentration of credit risk : The Company’s operations are centralized primarily in the State of Illinois. Should there be favorable or unfavorable changes to the Illinois Gaming Act there may be an impact on the Company’s results of operations. The Company has high concentrations of locations within certain municipalities in Illinois which could impact the Company if these municipalities change their gaming laws.
Fair value of financial instruments	Fair value of financial instruments : The Company’s financial instruments consist principally of cash, convertibles notes, accounts payable, route and customer acquisition costs payable, contingent consideration, contingent earnout shares liability, and bank indebtedness. The carrying amount of cash, accounts payable and short-term borrowings approximates fair value because of the short-term maturity of these instruments. The Company estimates the fair value of its convertible notes using a binomial lattice model in which a convertible instrument is split into two separate components: a cash-only (debt) component and an equity component. The Company estimates the fair value of its debt using level two and level three inputs by discounting the future cash flows using current interest rates at which it could obtain similar borrowings in consideration of the estimated enterprise value of the Company. Contingent consideration, which is recorded within consideration payable on the accompanying consolidated balance sheets, is measured at fair value on a recurring basis based on Level 3 inputs. The fair value recorded at December 31, 2020 and 2019 was determined using a discounted cash flow analysis. Refer to consideration payable below for disclosure of unobservable Level 3 inputs used.
Revenue recognition / Route and customer acquisition costs	Revenue recognition : The Company generates revenues from the following types of services: Gaming, Amusements and ATMs. Revenue is disaggregated by type of revenue and is presented on the face of the consolidated statements of operations and comprehensive (loss) income. Net gaming revenue is the net cash from gaming activities, which is the difference between gaming wins and losses. Net gaming revenue includes the amounts earned by the licensed gaming locations and is recognized at the time of gaming play. Additionally, taxes and administrative expenses due to the states in which the Company operates are recorded as net gaming revenue and cost of revenue. Amusement revenue represents amounts collected from machines (e.g. dart boards, digital jukeboxes, pool tables, etc.) operated at various locations and is recognized at the time the machine is used. ATM fees and other revenue represents fees charged for the withdrawal of funds from the Company’s redemption terminals and stand-alone ATM machines and is recognized at the time of the transaction. The Company determined that in a gaming environment, whenever a customer’s money has been accepted by a machine, the Company has an obligation (an implied contract) to provide the customer access to the game and honor the outcome of the game (in the case of video gaming terminals). The Company determined that the implied contract is entered into between the Company and customers satisfies the requirements of a contract under the new revenue standard, as (i) the contract is a legally enforceable contract with the customer, (ii) the arrangement identifies the rights of the parties, (iii) the contract has commercial substance, and (iv) the cash is received upfront from the customer, so its collectability is probable. The gaming service is a single performance obligation in each implied contract with the customer. The Company applies the portfolio approach of all wins and losses by gaming terminals daily to determine the total transaction price of the portfolio of implied contracts. The Company recognizes revenue when the single performance obligation is satisfied, which is at the completion of each game. Route and customer acquisition costs : The Company’s route and customer acquisition costs consist of fees paid at the inception of contracts entered into with third parties and licensed video gaming establishments throughout the State of Illinois which allow the Company to install and operate video gaming terminals. The route and customer acquisition costs and route and customer acquisition costs payable are recorded at the net present value of the future payments using a discount rate equal to the Company’s incremental borrowing rate associated with its long-term debt. Route and customer acquisition costs are amortized on a straight-line basis beginning on the date the location goes live and amortized over the life of the contract, which upon adoption of Topic 606, includes expected renewals. The Company records the accretion of interest on route and customer acquisitions costs payable in the consolidated statements of operations and comprehensive (loss) income as a component of interest expense. For locations that close prior to the end of the contractual term, the Company writes-off the net book value of the route and customer acquisition cost and route and customer acquisition cost payable and records a gain or loss in the consolidated statements of operations and comprehensive (loss) income as a component of other expenses, net. The Company’s route and customer acquisition costs also consists of prepaid commission costs to the Company's internal sales force of employees. The commissions paid to internal sales employees are subsequently expensed once the respective licensed video gaming location goes live and the commission is earned by the employee.
Business acquisitions / Consideration payable/ Contingent stock consideration	Business acquisitions : The Company evaluates the inputs, processes and outputs of each business acquisition to determine if the transaction is a business combination or asset acquisition. If an acquisition qualifies as a business combination, the related transaction costs are recorded as an expense in the consolidated statements of operations and comprehensive (loss) income. If an acquisition qualifies as an asset acquisition, the related transaction costs are generally capitalized and amortized over the useful life of the acquired assets. The Company accounts for acquisitions using the acquisition method and records the cost of the businesses acquired among tangible and recognized intangible assets and liabilities based upon their estimated fair values as of the acquisition date. Recognized intangibles primarily include the value of location contracts. The Company estimates the fair value of the business acquired using a combination of the cost and income approaches, depending on the specific assets or liabilities acquired. The Company estimates the value of property and equipment and other current assets and liabilities acquired based on their cost, which approximates fair value at acquisition. Consideration payable : Consideration payable consists of amounts payable related to certain business acquisitions as well as contingent consideration for future location performance related to certain business acquisitions (see Note 10). Consideration payable, exclusive of contingent consideration, is discounted using the Company’s incremental borrowing rate associated with its long-term debt. The contingent consideration is measured at fair value on a recurring basis. The changes in the fair value of contingent consideration are recognized within the Company’s consolidated statements of operations and comprehensive (loss) income as other expenses, net. Contingent stock consideration : Contingent stock, which is provided as consideration in business acquisitions, is valued based on the fair value of stock issued. The contingent stock consideration is discounted using the Company’s weighted average cost of capital and the accretion of interest is recorded in the consolidated statements of operations and comprehensive (loss) income as a component of interest expense.
Location contracts acquired	Location contracts acquired : Location contracts acquired are accounted for as intangible assets and consist of expected cash flows to be generated from location contracts acquired through business and asset acquisitions. Location contracts acquired are amortized on a straight-line basis over the expected useful life of 10 years. Location contracts are tested for impairment when triggering events occur. If a triggering event were to occur, the Company compares the carrying amount of the location contracts to future undiscounted cash flows. If the value of future undiscounted cash flows is less than the carrying amount of an asset group, an impairment loss is recorded based on the excess of the carrying amount over the fair value of the asset group.
Goodwill	Goodwill: Goodwill represents the difference between the purchase price and the fair value of the identifiable tangible and intangible net assets acquired when accounted for using the purchase method of accounting. Goodwill is reviewed for impairment annually, as of October 1st, and whenever events or changes in circumstances indicate that the carrying value of the goodwill may not be recoverable. When performing the annual goodwill impairment test, the Company conducts a qualitative assessment to determine whether it is more likely than not that the goodwill is impaired. Under the qualitative assessment, the Company considers both positive and negative factors, including macroeconomic conditions, industry events, financial performance, and makes a determination of whether it is more likely than not that the fair value of the goodwill is less than its carrying amount. If, after assessing the qualitative factors, the Company determines it is more likely than not the goodwill is impaired, it then performs a quantitative test. When performing the quantitative test, the Company compares the fair value of the reporting unit to its carrying value. If the carrying value of the net assets assigned to the reporting unit exceeds the fair value of the reporting unit, the Company would record an impairment loss equal to the difference.
Impairment of long-lived assets	Impairment of long-lived assets : Long-lived assets, which includes property and equipment, net and other assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset or asset group may not be recoverable. Impairment of the assets is measured by a comparison of the carrying amount of the asset to future undiscounted cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated future cash flows, an impairment charge is recognized by the amount of which the carrying amount of the asset exceeds the fair value of the asset. There were no indicators of impairment of long-lived assets in 2020, 2019, or 2018.
Stock-based compensation	Stock-based compensation : The Company grants common stock options and/or restricted stock units to certain employees and officers. Stock-based compensation cost is measured at the grant date, based on the estimated fair value of the award, and is recognized as general and administrative expense over the employee’s requisite service period. All stock-based awards are classified as equity awards.
Income taxes	Income taxes : The Company is organized as a C-corporation and is taxable at the federal and state level. Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the book basis of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion, or all of the deferred tax The consolidated financial statements reflect expected future tax consequences of uncertain tax positions presuming the taxing authorities’ full knowledge of the position and all relevant facts. The Company files tax returns in all appropriate jurisdictions, which includes a federal tax return and three state retur ns. Open tax years for the federal and state returns are 2017 to 2019, which statutes expire in 2021 to 2023, respectively. When and if applicable, potential interest and penalty costs are accrued as incurred with expenses recognized in general and administrative expenses in the consolidated statements of operations and comprehensive (loss) income
Earnings (loss) per share	Earnings (loss) per share :
Debt issuance costs	Debt issuance costs: Debt issuance costs are capitalized and amortized over the contractual terms of the related loans. Debt issuance costs are presented as an offset to the related loans on the consolidated balance sheets.
Reverse recapitalization expenses	Reverse recapitalization expenses. Legal fees and other costs that were determined to be direct and incremental to the reverse recapitalization were recorded to equity as additional paid-in capital. Other fees associated with the reverse recapitalization that were not direct and incremental were recorded to other expenses, net on the consolidated statements of operations and comprehensive (loss) income
Advertising costs	Advertising costs : Advertising costs are primarily comprised of marketing expenses, which are recorded within general and administrative expense within the accompanying consolidated statements of operations and comprehensive (loss) income . Advertising costs were $3.2 million, $4.7 million, and $3.0 million for the years ended December 31, 2020 , 2019, and 2018, respectively.

Restatement of Previously Iss_2

Restatement of Previously Issued Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2020
Accounting Changes and Error Corrections [Abstract]
Schedule of Error Corrections and Prior Period Adjustments	The impact of this correction to the applicable reporting periods for the financial statement line items impacted is as follows (in thousands, except per share data): NC = No change to the "as reported" amounts December 31, 2019 March 31, 2020 (unaudited) June 30, 2020 (unaudited) September 30, 2020 (unaudited) As Reported As Restated As Reported As Restated As Reported As Restated As Reported As Restated Consolidated Balance Sheets: Contingent earnout share liability $ — $ 61,478 $ — $ 24,912 $ — $ 32,086 $ — $ 35,684 Total long-term liabilities $ 368,846 $ 430,324 $ 418,905 $ 443,817 $ 409,770 $ 441,856 $ 354,017 $ 389,701 A-2 Common Stock $ 1 $ — $ 1 $ — $ 1 $ — $ 1 $ — Additional paid-in capital $ 105,986 $ 54,346 $ 107,046 $ 74,565 $ 108,732 $ 76,251 $ 189,524 $ 157,045 Accumulated deficit $ (20,470) $ (30,307) $ (22,436) $ (14,866) $ (43,710) $ (43,314) $ (31,567) $ (34,771) Total stockholders' equity $ 85,525 $ 24,047 $ 84,619 $ 59,707 $ 65,031 $ 32,945 $ 157,967 $ 122,283 Year ended Three Months Ended Three Months Ended December 31, 2019 March 31, 2020 June 30, 2020 (unaudited) (unaudited) As Reported As Restated As Reported As Restated As Reported As Restated Consolidated Statement of Operations: Amusement revenue $ 5,912 $ 9,749 $ 1,692 $ 2,831 NC NC ATM fees and other revenue $ 7,837 $ 8,311 $ 1,961 $ 2,057 NC NC Total net revenues $ 424,385 $ 428,696 $ 105,228 $ 106,463 NC NC Cost of revenue (exclusive of depreciation and amortization expense shown below) $ 271,999 $ 282,008 $ 67,980 $ 70,708 $ — $ 530 General and administrative $ 75,028 $ 69,330 $ 23,468 $ 21,975 $ 10,451 $ 9,921 Total operating expenses $ 411,049 $ 415,360 $ 103,084 $ 104,320 NC NC (Gain) loss on change in fair value of contingent earnout shares $ — $ 9,837 $ — $ (17,406) $ — $ 7,174 (Loss) income before income tax (benefit) expense $ (665) $ (10,502) $ (2,105) $ 15,301 $ (26,329) $ (33,503) Net (loss) income $ (5,864) $ (15,701) $ (1,966) $ 15,440 $ (21,274) $ (28,448) (Loss) earnings per share: Basic $ (0.09) $ (0.25) $ (0.03) $ 0.20 $ (0.27) $ (0.36) Diluted $ (0.09) $ (0.25) $ (0.03) $ 0.20 $ (0.27) $ (0.36) Six Months Ended Three Months Ended Nine Months Ended June 30, 2020 September 30, 2020 September 30, 2020 (unaudited) (unaudited) (unaudited) As Reported As Restated As Reported As Restated As Reported As Restated Consolidated Statements of Operations and Comprehensive (Loss) Income: Amusement revenue $ 1,952 $ 3,091 $ 4,171 $ 3,031 NC NC ATM fees and other revenue $ 2,080 $ 2,177 $ 2,526 $ 2,431 NC NC Total net revenues $ 105,607 $ 106,843 $ 136,332 $ 135,097 NC NC Cost of revenue (exclusive of depreciation and amortization expense shown below) $ 67,980 $ 71,239 $ 91,792 $ 90,556 NC NC General and administrative $ 33,919 $ 31,896 $ 23,164 $ 23,164 NC NC Total operating expenses $ 127,303 $ 128,539 $ 127,348 $ 126,113 NC NC (Gain) loss on change in fair value of contingent earnout shares $ — $ (10,232) $ — $ 3,599 $ — $ (6,633) (Loss) income before income tax (benefit) expense $ (28,434) $ (18,202) $ 5,550 $ 1,951 $ (22,885) $ (16,252) Net (loss) income $ (23,240) $ (13,008) $ 12,143 $ 8,544 $ (11,097) $ (4,464) Earnings (loss) per share: Basic $ (0.30) $ (0.17) $ 0.15 $ 0.10 $ (0.14) $ (0.06) Diluted $ (0.30) $ (0.17) $ 0.14 $ 0.10 $ (0.14) $ (0.06)

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Schedule of Change in Accounting Estimate	The impact of this change in estimate for the year ended December 31, 2020, was as follows (in thousands): Year ended December 31, 2020 Decrease to depreciation expense $ 7,704 Decrease to net loss $ 3,345 Decrease to net loss per share $ 0.04
Schedule of Property and Equipment Useful Lives	Depreciation has been computed using the straight-line method over the following estimated useful lives: Years Video game terminals and equipment 10 Amusement and other equipment 7 Office equipment and furniture 7 Computer equipment and software 3-5 Leasehold improvements 5 Vehicles 5 Buildings and improvements 15-29 Property and equipment consists of the following at December 31 (in thousands): 2020 2019 Video game terminals and equipment $ 197,533 $ 166,850 Amusement and other equipment 23,049 16,417 Office equipment and furniture 1,526 1,540 Computer equipment and software 12,793 8,715 Leasehold improvements 1,707 44 Vehicles 9,430 9,304 Buildings and improvements 10,845 12,075 Land 911 911 Construction in progress 1,886 768 Total property and equipment 259,680 216,624 Less accumulated depreciation and amortization (116,115) (97,423) Property and equipment, net $ 143,565 $ 119,201

Reverse Recapitalization (Table

Reverse Recapitalization (Tables)	12 Months Ended
	Dec. 31, 2020
Business Combinations [Abstract]
Schedule of Cash Proceeds from Reverse Capitalization	In accounting for the reverse recapitalization, the net equity deficit from the reverse recapitalization was $22.4 million as shown in the table below (in thousands): Amount TPG Holdings Corp cash balance, November 19, 2019 $ 429,952 Less redemption of Accel shares prior to reverse recapitalization (413,733) Cash balance prior to backstop equity financing 16,219 Plus funds from Investment Private Placement 48,038 Cash balance prior to consummation of the reverse recapitalization 64,257 Less adjustments to equity infusion: Payment for sponsor loan (4,000) Less impact from issuance of contingent earnout shares (51,641) Transaction costs related to the reverse recapitalization, net of tax (31,005) Net equity deficit prior to stock issuance (22,389) Impact of stock issued in reverse recapitalization 10 Net equity deficit from reverse recapitalization (22,379) Less impact from conversion of treasury stock and issuance of warrants (7,414) Net impact to additional paid-in-capital from reverse recapitalization $ (29,793)
Schedule of Reverse Capitalization, Equity Interest Issued or Issuable	The table below summarizes the number of shares of Accel issued upon consummation of the reverse recapitalization consisting of (i) the number of shares of Accel stock outstanding immediately before the reverse recapitalization along with the impact of the exchange ratio. Accel Capital Stock - pre reverse recapitalization Number of Shares Class A Common Stock 472,773 Class B Common Stock 662,228 Class C Preferred Stock 1,530,779 Class D Preferred Stock 944,925 Total Shares of Accel Stock on November 20, 2019 3,610,705 Exchange ratio 17.188531 Effect of exchange ratio to convert Accel stock to A-1 Common Stock 62,062,715 Shares issued in reverse recapitalization 14,574,755 Total A-1 Common Stock 76,637,470

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Depreciation has been computed using the straight-line method over the following estimated useful lives: Years Video game terminals and equipment 10 Amusement and other equipment 7 Office equipment and furniture 7 Computer equipment and software 3-5 Leasehold improvements 5 Vehicles 5 Buildings and improvements 15-29 Property and equipment consists of the following at December 31 (in thousands): 2020 2019 Video game terminals and equipment $ 197,533 $ 166,850 Amusement and other equipment 23,049 16,417 Office equipment and furniture 1,526 1,540 Computer equipment and software 12,793 8,715 Leasehold improvements 1,707 44 Vehicles 9,430 9,304 Buildings and improvements 10,845 12,075 Land 911 911 Construction in progress 1,886 768 Total property and equipment 259,680 216,624 Less accumulated depreciation and amortization (116,115) (97,423) Property and equipment, net $ 143,565 $ 119,201

Route and Customer Acquisitio_2

Route and Customer Acquisition Costs (Tables)	12 Months Ended
	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Schedule of Route and Customer Acquisition Costs	Route and customer acquisition costs consist of the following at December 31 (in thousands): 2020 2019 Cost $ 27,364 $ 28,501 Accumulated amortization (12,113) (11,102) Route and customer acquisition costs, net $ 15,251 $ 17,399

Location Contracts Acquired (Ta

Location Contracts Acquired (Tables)	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Location Contracts Acquired	Location contracts acquired consist of the following at December 31 (in thousands): 2020 2019 Cost $ 226,012 $ 204,353 Accumulated amortization (58,279) (37,570) Location contracts acquired, net $ 167,734 $ 166,783
Schedule of Future Amortization Expense	Estimated amortization expense related to location contracts acquired for the next five years and thereafter is as follows: Year ending December 31: 2021 $ 22,620 2022 22,620 2023 22,620 2024 22,412 2025 21,486 Thereafter 55,976 Total $ 167,734

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following is a roll forward of the Company's goodwill (in thousands): Goodwill balance as of January 1, 2019 $ — Addition to goodwill for acquisition of Grand River Jackpot 34,511 Goodwill balance as of December 31, 2019 34,511 Addition to goodwill for acquisition of AVG 11,243 Goodwill balance as of December 31, 2020 $ 45,754

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	The Company’s debt as of December 31, consisted of the following (in thousands): 2020 2019 2019 Senior Secured Credit Facility: Revolving credit facility $ — $ 58,500 Term Loan 228,000 240,000 Delayed Draw Term Loan (DDTL) 119,562 60,000 Total debt 347,562 358,500 Less: Debt issuance costs (7,421) (8,808) Total debt, net of debt issuance costs 340,141 349,692 Less: Current maturities (18,250) (15,000) Total debt, net of current maturities $ 321,891 $ 334,692
Schedule of Maturities of Long-term Debt	The principal maturities of long-term debt as of December 31, 2020 are as follows (in thousands): Year ending December 31: 2021 $ 18,250 2022 18,250 2023 18,250 2024 292,812 Total debt $ 347,562
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments	The carrying value and estimated fair value the Company's debt at December 31, was as follows (in thousands): 2020 2019 Carrying value $ 340,141 $ 349,692 Estimated fair value 309,528 349,692

Business and Asset Acquisitio_2

Business and Asset Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2020
Business Combinations [Abstract]
Schedule of Consideration Transferred and Fair Value of Assets Acquired and Liabilities Assumed	The following table summarizes the fair value of consideration transferred and the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands): Cash paid $ 30,522 Fair value of contingent consideration 1,506 Total consideration $ 32,028 Cash $ 504 Location contracts acquired 17,500 Property and equipment: Video game terminals and equipment 2,479 Amusement and other equipment 207 Vehicles 43 Other assets, net 63 Goodwill 11,243 Total assets acquired 32,039 Accrued expenses assumed (11) Net assets acquired $ 32,028 The following table summarizes the fair value of consideration transferred and the fair values of the assets acquired and liabilities assumed at the date of acquisition (in thousands): Cash paid $ 106,578 Contingent consideration 7,136 Total consideration $ 113,714 Cash $ 8,861 Location contracts acquired 53,200 Property and equipment: Video game terminals and equipment 18,000 Land 28 Buildings 548 Vehicles 600 Goodwill 34,511 Total assets acquired 115,748 Accounts payable assumed (532) Accrued expenses assumed (1,502) Net assets acquired $ 113,714 Quad B Skyhigh G3 Mike's Amusement Family Amusement Total Cash paid at closing $ 610 $ 9,268 $ 36,500 $ 3,500 $ 1,512 $ 51,390 Contingent consideration payable — 4,324 1,026 — — 5,350 Promissory note — — — — 3,368 3,368 Due to seller — 618 3,019 — — 3,637 Total Consideration $ 610 $ 14,210 $ 40,545 $ 3,500 $ 4,880 $ 63,745 Cash $ — $ 1,126 $ 2,507 $ — $ — $ 3,633 Video game terminals and equipment — 506 3,009 — — 3,515 Amusement and other equipment 472 59 204 420 300 1,455 Location contracts acquired 138 12,519 34,825 3,080 4,580 55,142 Total fair value of net assets acquired $ 610 $ 14,210 $ 40,545 $ 3,500 $ 4,880 $ 63,745
Schedule of Unaudited Pro Forma Results	The following unaudited pro forma consolidated financial information reflects the results of operations of the Company for the years ended December 31, 2020, 2019 and 2018 as if the acquisitions of AVG, Tom's Amusements, Grand River Jackpot, Quad B, Skyhigh, G3, Mike’s Amusements, and Family Amusement, had occurred as of the beginning of the fiscal year prior to the fiscal year of acquisition, after giving effect to certain purchase accounting adjustments. These amounts are based on available financial information of the acquirees prior to the acquisition dates and are not necessarily indicative of what the Company’s operating results would have been had the acquisitions actually taken place at the beginning of the fiscal year prior to the fiscal year of acquisition. This unaudited pro forma information for the years ended December 31, does not project revenues and income before income tax expense post acquisition (in thousands). 2020 2019 2018 Revenues $ 327,090 $ 466,466 $ 409,142 Net (loss) income (13,200) (2,598) 16,098
Schedule of Consideration Payable	Current and long-term portions of consideration payable consist of the following at December 31 (in thousands): 2020 2019 Current Long-Term Current Long-Term TAV * $ 490 $ 3,206 $ 490 $ 3,497 Abraham * — — 55 — Fair Share Gaming * 1,096 523 1,057 899 Family Amusement 391 2,609 293 2,815 Skyhigh 601 5,789 763 3,948 G3 355 100 2,952 154 Grand River Jackpot — 5,755 2,304 5,113 IGS 80 — 2,379 — Tom's Amusements — 1,455 — — AVG — 1,506 — — Total $ 3,013 $ 20,943 $ 10,293 $ 16,426 • Acquisitions that occurred prior to 2018.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring Basis	The following tables summarize the Company’s assets that are measured at fair value on a recurring basis (in thousands): Fair Value Measurement at Reporting Date Using December 31, 2020 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Investment in convertible notes $ 30,129 $ — $ — $ 30,129 Fair Value Measurement at Reporting Date Using December 31, 2019 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Investment in convertible notes $ 30,000 $ — $ — $ 30,000
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following table provides a roll-forward of the fair value of recurring Level 3 fair value measurements for assets for the years ended December 31 (in thousands): 2020 2019 Assets: Beginning of year balance $ 30,000 $ — Purchase of investment in convertible notes — 30,000 Fair value adjustments 129 — Ending balance $ 30,129 $ 30,000
Schedule of Liabilities Measured on a Recurring Basis	The following tables summarizes the Company’s liabilities that are measured at fair value on a recurring basis (in thousands): Fair Value Measurement at Reporting Date Using December 31, 2020 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Liabilities: Contingent consideration $ 17,260 $ — $ — $ 17,260 Contingent earnout shares 33,069 — 33,069 — Total $ 50,329 $ — $ 33,069 $ 17,260 Fair Value Measurement at Reporting Date Using December 31, 2019 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Liabilities: Contingent consideration $ 17,327 $ — $ — $ 17,327 Contingent earnout shares 61,478 — 61,478 — Total $ 78,805 $ — $ 61,478 $ 17,327
Schedule of Changes in Level 3 Instruments	The following table provides a roll-forward of the fair value of recurring Level 3 fair value measurements for liabilities for the years ended December 31 (in thousands): 2020 2019 2018 Liabilities: Beginning of year balance $ 17,327 $ 6,782 $ 785 Issuance of contingent consideration in connection with acquisitions 3,245 7,216 5,350 Payment of contingent consideration (4,420) (1,658) (387) Fair value adjustments 1,108 4,987 1,034 Ending balance $ 17,260 $ 17,327 $ 6,782

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2020
Equity [Abstract]
Schedule of Stock Reserved for Issuance	At December 31, 2020 and 2019, the Company has reserved Class A-1 Common Stock for future issuance in relation to the following: 2020 2019 Class A-1 Common Stock warrants issued and outstanding 5,411 22,333,308 Class A-1 Common Stock options and RSUs issued and outstanding 3,885,360 2,376,700 Conversion of Class A-2 Common Stock 3,333,363 4,999,999 Class A-1 Common Stock reserved for issuance 7,224,134 29,710,007

Stock-based Compensation (Table

Stock-based Compensation (Tables)	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Schedule of Assumptions for Options Granted	The following assumptions were used in the option valuation model for options granted during the years ended December 31, 2020 2019 * 2018 Expected approximate volatility 38% —% 35% Expected dividends None None None Expected term (in years) 7 None 3-5 Risk-free rate 0.44% -1.19% —% 2.41% - 2.62% Stock price N/A N/A $4 - $5 * there were no options granted in 2019
Summary of Options Granted and Range in Vesting Periods	A summary of the options granted and the range in vesting periods based on specific provisions within the option agreements during the years ended December 31, are as follows: 2020 2019 * 2018 Options granted 1,449,779 0 108,288 Vesting period (in years) 4 - 5 0 3 - 5
Schedule of Vested Stock Options	The following table sets forth of the activities of the Company’s vested stock options for the years ended December 31, 2020, 2019 and 2018. Outstanding options Shares Weighted Average Grant Date Fair Value Weighted Average Exercise Price Outstanding at January 1, 2018 4,122,910 $ 0.69 $ 2.03 Granted 108,288 1.73 5.10 Exercised (284,642) 0.40 1.15 Forfeited/expired (114,132) 1.03 2.96 Outstanding at December 31, 2018 3,832,424 0.73 2.16 Granted — — — Exercised (2,590,274) 0.62 1.84 Forfeited/expired (13,751) 0.77 2.33 Outstanding at December 31, 2019 1,228,399 0.96 2.91 Granted 1,449,779 4.49 11.20 Exercised (359,987) 0.69 2.33 Forfeited/expired (68,580) 1.32 3.85 Outstanding at December 31, 2020 2,249,611 3.25 8.32
Summary of Nonvested Stock Options	A summary of the status of the activities of the Company’s nonvested stock options for the years ended December 31, 2020, 2019 and 2018 is as follows. Nonvested options Shares Weighted Average Grant Date Fair Value Nonvested at January 1, 2018 2,735,572 $ 0.73 Granted 108,288 1.73 Vested (1,032,910) 0.62 Forfeited (101,361) 1.07 Nonvested at December 31, 2018 1,709,589 0.82 Granted — 0.00 Vested (547,537) 0.85 Forfeited (13,751) 0.77 Nonvested at December 31, 2019 1,148,301 0.95 Granted 1,449,779 4.49 Vested (496,464) 0.08 Forfeited (68,580) 1.32 Nonvested at December 31, 2020 2,033,036 3.49
Schedule of Nonvested Restricted Stock Units Activity	The RSUs are valued using the stock price on the grant date. The following table sets forth the activities of the Company’s RSUs for the year ended December 31, 2020. Non-vested RSUs Shares Weighted Average Grant Date Fair Value Nonvested at January 1, 2020 — $ — Granted 1,665,968 11.16 Vested (4,960) 10.08 Forfeited (25,259) 11.66 Nonvested at December 31, 2020 1,635,749 11.15

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense	The Company recognized income tax (benefit) expense of $(16.9) million, $5.2 million and $4.4 million during the years ended December 31, 2020, 2019 and 2018, respectively, which consists of the following (in thousands): 2020 2019 2018 Current provision Federal $ — $ (85) $ (100) State — 43 222 Total current provision — (42) 122 Deferred provision Federal (12,286) 3,740 3,256 State (4,632) 1,501 1,044 Total deferred provision (16,918) 5,241 4,300 Total income tax (benefit) expense $ (16,918) $ 5,199 $ 4,422
Reconciliation of Expected Income Taxes	A reconciliation of the “expected” income taxes computed by applying the federal statutory income tax rate to the total (benefit) expense is as follows (in thousands): 2020 2019 2018 Computed “expected” tax (benefit) expense $ (6,279) $ (2,205) $ 3,197 (Decrease) increase in income taxes resulting from: State income taxes (2,848) 1,634 1,219 Return-to-provision (7,613) (341) — Change in fair value of contingent earnout shares (1,782) 2,066 — Permanently non-deductible transaction costs 485 2,079 — Officer's compensation — 1,991 — Other permanent items 220 (16) (264) Enacted rate change (6) — — Other 905 (9) 270 Total income tax (benefit) expense $ (16,918) $ 5,199 $ 4,422
Schedule of Deferred Tax Assets and Liabilities	The tax effects of temporary differences that gave rise to significant portions of the deferred tax assets and liabilities were as follows at December 31 (in thousands): 2020 2019 Deferred tax assets: Net operating loss carryforwards $ 31,215 $ 6,633 Location contracts and other intangibles 5,829 4,699 Stock-based compensation 1,428 — Other 394 260 38,866 11,592 Deferred tax liabilities: Property and equipment 35,005 24,568 Unrealized gain on investments in convertible notes 37 — 35,042 24,568 Total deferred tax assets and liabilities, net $ 3,824 $ (12,976)
Summary of Carryforwards of Net Operating Losses	The following table summarizes carryforwards of net operating losses as of December 31 (in thousands): 2020 2019 Amount Expiration Amount Expiration Federal net operating losses $ 108,830 2033 $ 27,873 2033 State net operating losses 106,004 2024 14,454 2024

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Lessee, Operating Lease, Liability, Maturity	Future minimum payments under these leases are as foll ows (in thousands): Years ending December 31: 2021 $ 336 2022 259 2023 148 Total $ 743

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2020
Earnings Per Share [Abstract]
Components of Basic and Diluted EPS	The components of basic and diluted EPS were as follows (in thousands, except per share amounts): 2020 2019 2018 Net (loss) income $ (12,984) $ (15,701) $ 10,803 Basic weighted average outstanding shares of common stock 83,045 61,850 57,621 Dilutive effect of stock-based awards for common stock — — 1,605 Dilutive effect of stockholder notes receivable for common stock — — 407 Dilutive effect of warrants for common stock — — 2,549 Diluted weighted average outstanding shares of common stock 83,045 61,850 62,182 Earnings (loss) per share: Basic $ (0.16) $ (0.25) $ 0.19 Diluted $ (0.16) $ (0.25) $ 0.17

Description of Business (Detail

Description of Business (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)daylocationterminal	Dec. 31, 2019USD ($)terminallocation	Dec. 31, 2018USD ($)
Unusual or Infrequent Item, or Both [Line Items]
Number of video gaming terminals | terminal	12,247	10,499
Number of video gaming locations | location	2,435	2,312
Number of days video gaming terminals inoperable | day	148
Number of video gaming days in year | day	365
Percent of days inoperable during quarter	40.00%
Cash payment for asset acquisition	$ 25,761	$ 20,796	$ 23,246
Other operating expenses	8,948	$ 19,649	$ 2,997
COVID-19
Unusual or Infrequent Item, or Both [Line Items]
Other nonrecurring expense, net	1,200
Other nonrecurring expense	2,500
Other nonrecurring expense, recoveries	1,300
Cash payment for asset acquisition	2,000
Other operating expenses	$ 800

Restatement of Previously Iss_3

Restatement of Previously Issued Financial Statements - Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Contingent earnout share liability	$ 33,069	$ 35,684	$ 32,086	$ 24,912	$ 61,478
Total long-term liabilities	379,967	389,701	441,856	443,817	430,324
Common stock	9				8
Additional paid-in capital	171,073	157,045	76,251	74,565	54,346
Accumulated deficit	(43,291)	(34,771)	(43,314)	(14,866)	(30,307)
Total stockholders' equity	$ 127,884	122,283	32,945	59,707	24,047	$ 57,118	$ 44,534
Class A-2 Common Stock
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Common stock		0	0	0	0
Previously Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Contingent earnout share liability		0	0	0	0
Total long-term liabilities		354,017	409,770	418,905	368,846
Additional paid-in capital		189,524	108,732	107,046	105,986
Accumulated deficit		(31,567)	(43,710)	(22,436)	(20,470)
Total stockholders' equity		157,967	65,031	84,619	85,525
Previously Reported | Class A-2 Common Stock
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Common stock		$ 1	$ 1	$ 1	$ 1

Restatement of Previously Iss_4

Restatement of Previously Issued Financial Statements - Income Statement (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended			6 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2020	Sep. 30, 2020	Dec. 31, 2020		Dec. 31, 2019		Dec. 31, 2018
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net revenues	$ 135,097		$ 106,463	$ 106,843		$ 316,352		$ 428,696		$ 335,081
Cost of revenue (exclusive of depreciation and amortization expense shown below)	90,556	$ 530	70,708	71,239		211,086		282,008		217,457
General and administrative	23,164	9,921	21,975	31,896		77,420		69,330		54,295
Total operating expenses	126,113		104,320	128,539		341,031		415,360		310,212
(Gain)/loss on change in fair value of contingent earnout shares	3,599	7,174	(17,406)	(10,232)	$ (6,633)	(8,484)		9,837		0
(Loss) income before income tax (benefit) expense	1,951	(33,503)	15,301	(18,202)	(16,252)	(29,902)		(10,502)		15,225
Net (loss) income	$ 8,544	$ (28,448)	$ 15,440	$ (13,008)	$ (4,464)	$ (12,984)		$ (15,701)		$ 10,803
Earnings per share - basic (in usd per share)	$ 0.10	$ (0.36)	$ 0.20	$ (0.17)	$ (0.06)	$ (0.16)	[1]	$ (0.25)	[1]	$ 0.19	[1]
Earnings per share - diluted (in usd per share)	$ 0.10	$ (0.36)	$ 0.20	$ (0.17)	$ (0.06)	$ (0.16)	[1]	$ (0.25)	[1]	$ 0.17	[1]
Amusement
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net revenues	$ 3,031		$ 2,831	$ 3,091		$ 9,247		$ 9,749		$ 7,001
ATM fees and other revenue
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net revenues	2,431		2,057	2,177		$ 6,585		8,311		$ 6,369
Previously Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net revenues	136,332		105,228	105,607				424,385
Cost of revenue (exclusive of depreciation and amortization expense shown below)	91,792	$ 0	67,980	67,980				271,999
General and administrative	23,164	10,451	23,468	33,919				75,028
Total operating expenses	127,348		103,084	127,303				411,049
(Gain)/loss on change in fair value of contingent earnout shares	0	0	0	0	$ 0			0
(Loss) income before income tax (benefit) expense	5,550	(26,329)	(2,105)	(28,434)	(22,885)			(665)
Net (loss) income	$ 12,143	$ (21,274)	$ (1,966)	$ (23,240)	$ (11,097)			$ (5,864)
Earnings per share - basic (in usd per share)	$ 0.15	$ (0.27)	$ (0.03)	$ (0.30)	$ (0.14)			$ (0.09)
Earnings per share - diluted (in usd per share)	$ 0.14	$ (0.27)	$ (0.03)	$ (0.30)	$ (0.14)			$ (0.09)
Previously Reported | Amusement
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net revenues	$ 4,171		$ 1,692	$ 1,952				$ 5,912
Previously Reported | ATM fees and other revenue
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net revenues	$ 2,526		$ 1,961	$ 2,080				$ 7,837
[1]	Per share and share amounts for 2018 have been retroactively restated to give effect to the reverse recapitalization that is discussed in Note 3.

Restatement of Previously Iss_5

Restatement of Previously Issued Financial Statements - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended	12 Months Ended
	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net revenues	$ 135,097		$ 106,463	$ 106,843	$ 316,352	$ 428,696	$ 335,081
Cost of revenue (exclusive of depreciation and amortization expense shown below)	90,556	$ 530	70,708	71,239	211,086	282,008	217,457
General and administrative expense	(23,164)	$ (9,921)	(21,975)	(31,896)	(77,420)	(69,330)	(54,295)
Revision of Prior Period, Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of revenue (exclusive of depreciation and amortization expense shown below)							7,000
General and administrative expense							3,900
Amusement
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net revenues	3,031		2,831	3,091	9,247	9,749	7,001
Amusement | Revision of Prior Period, Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net revenues							2,800
ATM fees and other revenue
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net revenues	$ 2,431		$ 2,057	$ 2,177	$ 6,585	$ 8,311	6,369
ATM fees and other revenue | Revision of Prior Period, Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net revenues							$ 300

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Adopted accounting pronouncements (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Total stockholders' equity	$ 127,884	$ 122,283	$ 32,945	$ 59,707	$ 24,047	$ 57,118	$ 44,534
Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Total stockholders' equity						$ 2,596
Accounting Standards Update 2014-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Average life of contract						12 years 4 months 24 days
Accounting Standards Update 2014-09 | Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Total stockholders' equity						$ 2,600

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Change in estimate (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2020	Dec. 31, 2020
Service Life
Change in Accounting Estimate [Line Items]
Decrease to depreciation expense			$ 7,704
Increase to net income/decrease to net loss			$ 3,345
Increase to income per share/decrease to loss per share (in usd per share)			$ 0.04
Video game terminals and equipment
Change in Accounting Estimate [Line Items]
Useful life			10 years
Video game terminals and equipment | Service Life
Change in Accounting Estimate [Line Items]
Useful life	7 years	10 years

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of property and equipment useful lives (Details)	12 Months Ended
	Dec. 31, 2020
Video game terminals and equipment
Property, Plant and Equipment [Line Items]
Useful life	10 years
Amusement and other equipment
Property, Plant and Equipment [Line Items]
Useful life	7 years
Office equipment and furniture
Property, Plant and Equipment [Line Items]
Useful life	7 years
Computer equipment and software | Minimum
Property, Plant and Equipment [Line Items]
Useful life	3 years
Computer equipment and software | Maximum
Property, Plant and Equipment [Line Items]
Useful life	5 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Useful life	5 years
Vehicles
Property, Plant and Equipment [Line Items]
Useful life	5 years
Buildings and improvements | Minimum
Property, Plant and Equipment [Line Items]
Useful life	15 years
Buildings and improvements | Maximum
Property, Plant and Equipment [Line Items]
Useful life	29 years

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Location contracts acquired (Details)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Expected useful life	10 years

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Advertising costs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Advertising costs	$ 3.2	$ 4.7	$ 3

Reverse Recapitalization - Narr

Reverse Recapitalization - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	Sep. 28, 2020	Nov. 20, 2019	Dec. 31, 2020	Oct. 31, 2020	Dec. 31, 2019	Nov. 21, 2019	Nov. 19, 2019	Dec. 31, 2018	Dec. 31, 2017
Business Acquisition [Line Items]
Percent of shareholder cash election on stock issuable		70.00%
Number of shares repurchased (in shares)		36,157
Sale of stock (in usd per share)	$ 10.50			$ 10.50
Common stock issued	$ 79.2
Repurchase price (in usd per share)		$ 177
Shares outstanding (in shares)		3,610,705
TPG Holdings
Business Acquisition [Line Items]
Sale of stock (in usd per share)		$ 10.30
TPG Holdings | Accel
Business Acquisition [Line Items]
Purchase price (in usd per share)		$ 177
Warrants
Business Acquisition [Line Items]
Cash election (in shares)			2,444,444
Warrants | TPG Holdings
Business Acquisition [Line Items]
Number of shares acquired (in shares)		4,888,889
Common Stock | Class A-2 Common Stock
Business Acquisition [Line Items]
Cash election (in shares)			3,000,000
Common Stock | TPG Holdings | Class A-1 Common Stock
Business Acquisition [Line Items]
Number of shares acquired (in shares)		7,500,000
Common Stock | TPG Holdings | Class A-2 Common Stock
Business Acquisition [Line Items]
Number of shares acquired (in shares)		2,000,000
Common Stock | Class A-1 Common Stock
Business Acquisition [Line Items]
Shares outstanding (in shares)						76,637,470
Shares issued (in shares)			93,379,508		76,637,470	76,637,470		58,491,281	58,459,396
Common Stock | Class A-2 Common Stock
Business Acquisition [Line Items]
Shares outstanding (in shares)						4,999,999
Shares issued (in shares)						4,999,999	5,000,000
Warrants | Class A-1 Common Stock
Business Acquisition [Line Items]
Shares outstanding (in shares)						22,333,308
Shares issued (in shares)						22,333,308
Investment Private Placement | Class A-1 Common Stock
Business Acquisition [Line Items]
Sale of stock (in usd per share)		$ 10.22
Sale of common stock, shares issued (in shares)		4,696,675
Common stock issued		$ 48

Reverse Recapitalization - Sche

Reverse Recapitalization - Schedule of Proceeds from Reverse Capitalization (Details) - USD ($) $ in Thousands	Nov. 20, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Business Combinations [Abstract]
Cash balance	$ 429,952	$ 125,403
Less redemption of Accel shares prior to reverse recapitalization	(413,733)	0	$ 0	$ (3,343)
Cash balance prior to backstop equity financing	16,219
Plus funds from Investment Private Placement	48,038
Cash balance	64,257	134,451	125,403
Payment for sponsor loan	(4,000)
Less impact from issuance of contingent earnout shares	(51,641)
Transaction costs related to the reverse recapitalization, net of tax	(31,005)
Net equity deficit prior to stock issuance	(22,389)		(22,379)
Impact of stock issued in reverse recapitalization	10	90,422	0	0
Net equity deficit from reverse recapitalization	(22,379)
Less impact from conversion of treasury stock and issuance of warrants	(7,414)	$ (19,924)	$ 0	$ 0
Net impact to additional paid-in-capital from reverse recapitalization	$ (29,793)

Reverse Recapitalization - Sc_2

Reverse Recapitalization - Schedule of Equity Interests Issued from Reverse Capitalization (Details)	Nov. 20, 2019shares	Dec. 31, 2020shares	Dec. 31, 2019shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares outstanding (in shares)	3,610,705
Exchange ratio	17.188531
Common stock outstanding (in shares)		93,379,508	76,637,470
Class A Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares outstanding (in shares)	472,773
Class B Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares outstanding (in shares)	662,228
Class C Preferred Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares outstanding (in shares)	1,530,779
Class D Preferred Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares outstanding (in shares)	944,925
Class A-1 Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Effect of exchange ratio to convert Accel stock to A-1 Common Stock (in shares)	62,062,715
Shares issued in reverse recapitalization (in shares)	14,574,755
Common stock outstanding (in shares)	76,637,470

Investment in Convertible Not_2

Investment in Convertible Notes (Details) - USD ($)	Oct. 11, 2019	Jul. 19, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Mar. 09, 2021	Jul. 30, 2020
Debt Securities, Available-for-sale [Line Items]
Unrealized gain on investment in convertible notes			$ 93,000	$ 0	$ 0
Monthly installment receivable	$ 1,000,000
Convertible Promissory Notes
Debt Securities, Available-for-sale [Line Items]
Investment purchase (up to)	$ 25,000,000	$ 30,000,000					$ 25,000,000
Investment interest rate		3.00%
Investment maturity		6 months
Convertible Promissory Notes | Subsequent Event
Debt Securities, Available-for-sale [Line Items]
Investment purchase (up to)						$ 25,000,000
Convertible Promissory Notes | Subordinated Debt
Debt Securities, Available-for-sale [Line Items]
Investment purchase (up to)		$ 5,000,000					$ 5,000,000
Convertible Promissory Notes | Subordinated Debt | Subsequent Event
Debt Securities, Available-for-sale [Line Items]
Investment purchase (up to)						$ 5,000,000

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 259,680	$ 216,624
Less accumulated depreciation and amortization	(116,115)	(97,423)
Property and equipment, net	143,565	119,201
Depreciation and amortization of property and equipment	20,969	26,398	$ 20,782
Video game terminals and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	197,533	166,850
Amusement and other equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	23,049	16,417
Office equipment and furniture
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,526	1,540
Computer equipment and software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	12,793	8,715
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,707	44
Vehicles
Property, Plant and Equipment [Line Items]
Property and equipment, gross	9,430	9,304
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	10,845	12,075
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	911	911
Construction in Progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,886	$ 768

Route and Customer Acquisitio_3

Route and Customer Acquisition Costs - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Capitalized Contract Cost [Line Items]
Gross payments due	$ 6,400	$ 7,400
Net present value of payments due	5,700	6,500
Current portion of payments due	1,608	1,700
Customer acquisition cost asset	17,700	18,700
Capitalized contract cost, subject to claw back	1,700	2,200
Amortization expense (decrease in expense) on route and customer acquisition costs	$ 1,800	$ 1,700	$ 3,900

Route and Customer Acquisitio_4

Route and Customer Acquisition Costs - Schedule of Customer Contract Acquired (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Cost	$ 27,364	$ 28,501
Accumulated amortization	(12,113)	(11,102)
Route and customer acquisition costs, net	$ 15,251	$ 17,399

Location Contracts Acquired - S

Location Contracts Acquired - Schedule of Customer Contract Acquired (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Cost	$ 226,012	$ 204,353
Accumulated amortization	(58,279)	(37,570)
Location contracts acquired, net	$ 167,734	$ 166,783

Location Contracts Acquired - A

Location Contracts Acquired - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Expected useful life	10 years
Location Contract
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 20.8	$ 16.2	$ 10.8

Location Contracts Acquired -_2

Location Contracts Acquired - Schedule of Finite-Lived Intangible Assets Amortization Expense (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
2021	$ 22,620
2022	22,620
2023	22,620
2024	22,412
2025	21,486
Thereafter	55,976
Location contracts acquired, net	$ 167,734	$ 166,783

Goodwill - Additional Informati

Goodwill - Additional Information (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 30, 2020	Dec. 31, 2019	Sep. 16, 2019	Dec. 31, 2018
Acquired Indefinite-lived Intangible Assets [Line Items]
Goodwill	$ 45,754		$ 34,511		$ 0
Grand River Jackpot
Acquired Indefinite-lived Intangible Assets [Line Items]
Goodwill	34,500		$ 34,500	$ 34,511
Tax exempt portion of goodwill	$ 27,400
AVG
Acquired Indefinite-lived Intangible Assets [Line Items]
Goodwill		$ 11,243
Tax exempt portion of goodwill		$ 9,800

Goodwill - Schedule of changes

Goodwill - Schedule of changes in Goodwill, Rollforward (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Goodwill [Roll Forward]
Beginning balance	$ 34,511	$ 0
Addition to goodwill for acquisition	11,243	34,511
Ending balance	$ 45,754	$ 34,511

Debt - Schedule of Long-term De

Debt - Schedule of Long-term Debt Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Total debt	$ 347,562	$ 358,500
Less: Debt issuance costs	(7,421)	(8,808)
Total debt, net of debt issuance costs	340,141	349,692
Less: Current maturities	(18,250)	(15,000)
Total debt, net of current maturities	321,891	334,692
2019 Senior Secured Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Total debt	0	58,500
2019 Senior Secured Credit Facility | Term Loan
Debt Instrument [Line Items]
Total debt	228,000	240,000
2019 Senior Secured Credit Facility | Delayed Draw Term Loan (DDTL)
Debt Instrument [Line Items]
Total debt	$ 119,562	$ 60,000

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Nov. 13, 2019
Debt Instrument [Line Items]
Long term debt	$ 347,562,000	$ 358,500,000
Loss on debt extinguishment	0	1,141,000	$ 0
2019 Senior Secured Credit Facility
Debt Instrument [Line Items]
Remaining availability	$ 100,000,000
Ratio of consolidated net debt to EBITDA (no greater than)	4.50
Ratio of consolidated EBITDA to fixed charges (no less than)	1.20
Debt issuance costs	$ 8,800,000
2019 Senior Secured Credit Facility | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate	2.75%
Debt instrument, basis spread on variable rate, minimum percent	0.50%
2019 Senior Secured Credit Facility | Alternative Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate	1.75%
Debt instrument, basis spread on variable rate, minimum percent	1.50%
2019 Senior Secured Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity				$ 100,000,000
Weighted average interest rate	3.30%
Long term debt	$ 0	58,500,000
2019 Senior Secured Credit Facility | Revolving Credit Facility | Federal Funds Effective Rate
Debt Instrument [Line Items]
Basis spread on variable rate	0.50%
2019 Senior Secured Credit Facility | Revolving Credit Facility | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate	1.00%
2019 Senior Secured Credit Facility | Letter of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity				10,000,000
2019 Senior Secured Credit Facility | Swing Line Facility
Debt Instrument [Line Items]
Maximum borrowing capacity				10,000,000
2019 Senior Secured Credit Facility | Term Loan
Debt Instrument [Line Items]
Face amount				240,000,000
Additional term loan repayment rate	5.00%
Long term debt	$ 228,000,000	240,000,000
2019 Senior Secured Credit Facility | Additional Term Loan Facility
Debt Instrument [Line Items]
Face amount				$ 125,000,000
Prior Credit Facility
Debt Instrument [Line Items]
Loss on debt extinguishment	1,100,000
Prior Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Long term debt		85,000,000
Prior Credit Facility | Swing Line Facility
Debt Instrument [Line Items]
Maximum borrowing capacity		5,000,000
Prior Credit Facility | Additional Term Loan Facility
Debt Instrument [Line Items]
Maximum borrowing capacity		125,000,000
Prior Credit Facility | Contract Draw Loan [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 170,000,000
New Credit Facility Amendment
Debt Instrument [Line Items]
Debt issuance costs	400,000
Unamortized debt issuance expense	$ 300,000
New Credit Facility Amendment | LIBOR
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate, minimum percent	0.50%
New Credit Facility Amendment | Alternative Base Rate
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate, minimum percent	1.50%

Debt - Schedule of Maturities o

Debt - Schedule of Maturities of Long-term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
2021	$ 18,250
2022	18,250
2023	18,250
2024	292,812
Total debt	$ 347,562	$ 358,500

Debt - Schedule of Carrying Val

Debt - Schedule of Carrying Value and Estimated Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Carrying value
Debt Instrument [Line Items]
Debt	$ 340,141	$ 349,692
Estimated fair value
Debt Instrument [Line Items]
Debt	$ 309,528	$ 349,692

Business and Asset Acquisitio_3

Business and Asset Acquisitions - Narrative (Details) $ in Thousands	Dec. 30, 2020USD ($)terminallocationinstallment_payment	Aug. 06, 2020USD ($)location	Jul. 22, 2020USD ($)	Sep. 23, 2019USD ($)locationterminal	Sep. 16, 2019USD ($)terminalinstallment_paymentlocation	Oct. 16, 2018location	Aug. 01, 2018location	Dec. 31, 2018USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2020USD ($)terminallocationinstallment_payment	Dec. 31, 2019USD ($)locationterminal	Dec. 31, 2018USD ($)	Oct. 31, 2018location	Sep. 01, 2018location
Business Acquisition [Line Items]
Total consideration														$ 63,745
Cash purchase price												$ 35,769	$ 100,857	51,394
Contingent consideration												$ 1,400
Location contracts acquired								$ 55,142	$ 55,142	$ 55,142	$ 55,142			55,142
Cash								3,633	3,633	3,633	3,633			3,633
Number of video gaming locations | location												2,435	2,312
Number of video gaming terminals | terminal												12,247	10,499
Contingent consideration														5,350
Remeasurement of contingent consideration												$ (584)	$ 6,723	852
Revenues												327,090	466,466	409,142
Net (loss) income												(13,200)	(2,598)	16,098
Amortization of route and customer acquisition costs and location contracts acquired												22,608	17,975	14,681
Illinois Operators Inc
Business Acquisition [Line Items]
Number of video gaming locations | location		13
Asset acquisition, consideration transferred		$ 4,000
Cash payment for asset acquisition		3,700
Asset acquisition, notes payable assumed		300
Video game terminals and equipment acquired		600
Location contracts acquired		$ 3,400
IGS
Business Acquisition [Line Items]
Number of video gaming locations | location				29
Cash payment for asset acquisition				$ 2,400
Video game terminals and equipment acquired				1,700
Location contracts acquired				$ 3,000
Number of video gaming terminals | terminal				139
Note payable				$ 2,300
IGS | Notes Payable
Business Acquisition [Line Items]
Interest rate				5.00%
Tom's Amusements
Business Acquisition [Line Items]
Total consideration			$ 3,600
Cash purchase price			2,100
Contingent consideration liability			$ 1,500
Business combination, contingent consideration arrangement, first installment term			18 months
Business combination, contingent consideration arrangement, second installment term			24 months
Business combination, contingent consideration arrangement, installment			$ 750
Business combination, equipment acquired			1,600
Location contracts acquired			800
Indefinite-lived gaming license intangible assets acquired			1,000
Cash			$ 200
AVG
Business Acquisition [Line Items]
Total consideration	$ 32,028
Location contracts acquired	17,500
Cash	504
Cash payment, before additional payment for working capital adjustment	30,522
Contingent consideration	$ 1,506
Number of installment payments | installment_payment	2
Revenues												1,400
Net (loss) income												(800)
AVG | Contingent Consideration, Installment One
Business Acquisition [Line Items]
Location contracts acquired	$ 900
AVG | Contingent Consideration, Installment Two
Business Acquisition [Line Items]
Location contracts acquired	$ 1,400
Grand River Jackpot
Business Acquisition [Line Items]
Total consideration					$ 113,714
Location contracts acquired					53,200
Cash					$ 8,861
Number of video gaming locations | location	49				450
Number of video gaming terminals | terminal	267				2,009
Cash payment, before additional payment for working capital adjustment					$ 100,000
Payments to acquire businesses, gross, working capital adjustment					6,600
Contingent consideration					$ 7,136
Number of installment payments | installment_payment					2
Acquisition related costs													200
Revenues													16,600
Net (loss) income													1,200
Grand River Jackpot | Contingent Consideration, Installment One
Business Acquisition [Line Items]
Maximum amount to be paid for contingent consideration					$ (2,500)
Grand River Jackpot | Contingent Consideration, Installment One | COVID-19
Business Acquisition [Line Items]
Remeasurement of contingent consideration												2,500
Grand River Jackpot | Contingent Consideration, Installment Two
Business Acquisition [Line Items]
Maximum amount to be paid for contingent consideration					$ (7,000)
Quad B
Business Acquisition [Line Items]
Total consideration														610
Location contracts acquired								138	138	138	138			138
Cash								0	0	0	0			0
Number of video gaming locations | location																61
Contingent consideration														0
Revenues										100
Net (loss) income										100
Skyhigh
Business Acquisition [Line Items]
Total consideration														14,210
Contingent consideration liability												6,400	4,700
Location contracts acquired								12,519	12,519	12,519	12,519			12,519
Cash								1,126	1,126	1,126	1,126			1,126
Number of video gaming locations | location							23
Contingent consideration														4,324
Revenues											3,900
Net (loss) income											1,100
Contingent consideration, placed in operation period							5 years
Contingent consideration, percentage of adjusted net terminal income							18.44%
Contingent consideration, final payment ratio							1.75%
Skyhigh | Payments made monthly
Business Acquisition [Line Items]
Contingent consideration, payment period							2 years
Skyhigh | Frequency of payments after the first two years
Business Acquisition [Line Items]
Contingent consideration, payment period							3 months
Skyhigh | Payments made every three years
Business Acquisition [Line Items]
Contingent consideration, payment period							3 years
G3
Business Acquisition [Line Items]
Total consideration														40,545
Contingent consideration liability												500	3,100
Location contracts acquired								34,825	34,825	34,825	34,825			34,825
Cash								2,507	2,507	2,507	2,507			2,507
Number of video gaming locations | location						87
Contingent consideration														1,026
Revenues									4,300
Net (loss) income									800
Contingent consideration, placed in operation period						3 years
Mike's Amusement
Business Acquisition [Line Items]
Total consideration														3,500
Location contracts acquired								3,080	3,080	3,080	3,080			3,080
Cash								0	0	0	0			0
Number of video gaming locations | location						73
Contingent consideration														0
Revenues									200
Net (loss) income									100
Family Amusement
Business Acquisition [Line Items]
Total consideration														4,880
Contingent consideration liability												$ 3,000	$ 3,100
Location contracts acquired								4,580	4,580	4,580	4,580			4,580
Cash								0	$ 0	$ 0	$ 0			0
Number of video gaming locations | location															139
Contingent consideration														0
Number of installment payments | installment_payment												3
Revenues								100
Net (loss) income								$ 100
Promissory note, due from 2019 to 2021												$ 400
Promissory note, installment due in 2022												700
Promissory note, installment due in 2023												$ 2,100
Amortization of route and customer acquisition costs and location contracts acquired														$ 100

Business and Asset Acquisitio_4

Business and Asset Acquisitions - Schedule of Consideration Transferred - AVG (Details) - USD ($) $ in Thousands	Dec. 30, 2020	Sep. 16, 2019	Dec. 31, 2018	Dec. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Fair value of contingent consideration			$ 5,350
Total consideration			63,745
Cash			3,633
Location contracts acquired			55,142
Goodwill			0	$ 45,754	$ 34,511
Total assets acquired			63,745
Video game terminals and equipment
Business Acquisition [Line Items]
Property and equipment			3,515
Amusement and other equipment
Business Acquisition [Line Items]
Property and equipment			$ 1,455
AVG
Business Acquisition [Line Items]
Cash paid	$ 30,522
Fair value of contingent consideration	1,506
Total consideration	32,028
Cash	504
Location contracts acquired	17,500
Other assets, net	63
Goodwill	11,243
Total assets acquired	32,039
Accrued expenses assumed	(11)
Net assets acquired	32,028
AVG | Video game terminals and equipment
Business Acquisition [Line Items]
Property and equipment	2,479
AVG | Amusement and other equipment
Business Acquisition [Line Items]
Property and equipment	207
AVG | Vehicles
Business Acquisition [Line Items]
Property and equipment	$ 43
Grand River Jackpot
Business Acquisition [Line Items]
Cash paid		$ 100,000
Fair value of contingent consideration		7,136
Total consideration		113,714
Cash		8,861
Location contracts acquired		53,200
Goodwill		34,511		$ 34,500	$ 34,500
Total assets acquired		115,748
Accrued expenses assumed		(1,502)
Net assets acquired		113,714
Grand River Jackpot | Video game terminals and equipment
Business Acquisition [Line Items]
Property and equipment		18,000
Grand River Jackpot | Vehicles
Business Acquisition [Line Items]
Property and equipment		$ 600

Business and Asset Acquisitio_5

Business and Asset Acquisitions - Schedule of Consideration Transferred - Grand River Jackpot (Details) - USD ($) $ in Thousands	Sep. 16, 2019	Dec. 31, 2018	Dec. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Cash paid		$ 51,390
Contingent consideration		5,350
Total consideration		63,745
Cash		3,633
Location contracts acquired		55,142
Goodwill		0	$ 45,754	$ 34,511
Total assets acquired		63,745
Video game terminals and equipment
Business Acquisition [Line Items]
Property and equipment		$ 3,515
Grand River Jackpot
Business Acquisition [Line Items]
Cash paid	$ 106,578
Contingent consideration	7,136
Total consideration	113,714
Cash	8,861
Location contracts acquired	53,200
Goodwill	34,511		$ 34,500	$ 34,500
Total assets acquired	115,748
Accounts payable assumed	(532)
Accrued expenses assumed	(1,502)
Net assets acquired	113,714
Grand River Jackpot | Video game terminals and equipment
Business Acquisition [Line Items]
Property and equipment	18,000
Grand River Jackpot | Land
Business Acquisition [Line Items]
Property and equipment	28
Grand River Jackpot | Building
Business Acquisition [Line Items]
Property and equipment	548
Grand River Jackpot | Vehicles
Business Acquisition [Line Items]
Property and equipment	$ 600

Business and Asset Acquisitio_6

Business and Asset Acquisitions - Schedule of Consideration Transferred and Fair Value of Assets Acquired and Liabilities Assumed (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)
Business Acquisition [Line Items]
Cash paid	$ 51,390
Contingent consideration	5,350
Promissory note	3,368
Due to seller	3,637
Total consideration	63,745
Cash	3,633
Location contracts acquired	55,142
Total assets acquired	63,745
Video game terminals and equipment
Business Acquisition [Line Items]
Property and equipment	3,515
Amusement and other equipment
Business Acquisition [Line Items]
Property and equipment	1,455
Quad B
Business Acquisition [Line Items]
Cash paid	610
Contingent consideration	0
Promissory note	0
Due to seller	0
Total consideration	610
Cash	0
Location contracts acquired	138
Total assets acquired	610
Quad B | Video game terminals and equipment
Business Acquisition [Line Items]
Property and equipment	0
Quad B | Amusement and other equipment
Business Acquisition [Line Items]
Property and equipment	472
Skyhigh
Business Acquisition [Line Items]
Cash paid	9,268
Contingent consideration	4,324
Promissory note	0
Due to seller	618
Total consideration	14,210
Cash	1,126
Location contracts acquired	12,519
Total assets acquired	14,210
Skyhigh | Video game terminals and equipment
Business Acquisition [Line Items]
Property and equipment	506
Skyhigh | Amusement and other equipment
Business Acquisition [Line Items]
Property and equipment	59
G3
Business Acquisition [Line Items]
Cash paid	36,500
Contingent consideration	1,026
Promissory note	0
Due to seller	3,019
Total consideration	40,545
Cash	2,507
Location contracts acquired	34,825
Total assets acquired	40,545
G3 | Video game terminals and equipment
Business Acquisition [Line Items]
Property and equipment	3,009
G3 | Amusement and other equipment
Business Acquisition [Line Items]
Property and equipment	204
Mike's Amusement
Business Acquisition [Line Items]
Cash paid	3,500
Contingent consideration	0
Promissory note	0
Due to seller	0
Total consideration	3,500
Cash	0
Location contracts acquired	3,080
Total assets acquired	3,500
Mike's Amusement | Video game terminals and equipment
Business Acquisition [Line Items]
Property and equipment	0
Mike's Amusement | Amusement and other equipment
Business Acquisition [Line Items]
Property and equipment	420
Family Amusement
Business Acquisition [Line Items]
Cash paid	1,512
Contingent consideration	0
Promissory note	3,368
Due to seller	0
Total consideration	4,880
Cash	0
Location contracts acquired	4,580
Total assets acquired	4,880
Family Amusement | Video game terminals and equipment
Business Acquisition [Line Items]
Property and equipment	0
Family Amusement | Amusement and other equipment
Business Acquisition [Line Items]
Property and equipment	$ 300

Business and Asset Acquisitio_7

Business and Asset Acquisitions - Schedule of Unaudited Pro Forma Results (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Business Combinations [Abstract]
Revenues	$ 327,090	$ 466,466	$ 409,142
Net (loss) income	$ (13,200)	$ (2,598)	$ 16,098

Business and Asset Acquisitio_8

Business and Asset Acquisitions - Schedule of Consideration Payable (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Current	$ 3,013	$ 10,293
Long term	20,943	16,426
TAV
Business Acquisition [Line Items]
Current	490	490
Long term	3,206	3,497
Abraham
Business Acquisition [Line Items]
Current	0	55
Long term	0	0
Fair Share Gaming
Business Acquisition [Line Items]
Current	1,096	1,057
Long term	523	899
Family Amusement
Business Acquisition [Line Items]
Current	391	293
Long term	2,609	2,815
Skyhigh
Business Acquisition [Line Items]
Current	601	763
Long term	5,789	3,948
G3
Business Acquisition [Line Items]
Current	355	2,952
Long term	100	154
Grand River Jackpot
Business Acquisition [Line Items]
Current	0	2,304
Long term	5,755	5,113
IGS
Business Acquisition [Line Items]
Current	80	2,379
Long term	0	0
Tom's Amusements
Business Acquisition [Line Items]
Current	0	0
Long term	1,455	0
AVG
Business Acquisition [Line Items]
Current	0	0
Long term	$ 1,506	$ 0

Contingent Earnout Share Liab_2

Contingent Earnout Share Liability (Details) - USD ($) $ / shares in Units, $ in Millions	Dec. 31, 2020	Jan. 14, 2020	Dec. 31, 2019	Nov. 21, 2019	Nov. 20, 2019	Nov. 19, 2019	Dec. 31, 2018	Dec. 31, 2017
Class A-2 Common Stock | Common Stock
Business Acquisition [Line Items]
Shares issued (in shares)				4,999,999		5,000,000
Class A-1 Common Stock
Business Acquisition [Line Items]
Percentage of ownership requiring exchange (less than)		4.99%			4.99%
Class A-1 Common Stock | Common Stock
Business Acquisition [Line Items]
Shares issued (in shares)	93,379,508		76,637,470	76,637,470			58,491,281	58,459,396
Tranche I - EBITDA for last 12 months or 20 trading days in consecutive 30 day trading period
Business Acquisition [Line Items]
Maximum EBITDA before stock conversion					$ 132
Maximum stock price of common stock before conversion (in usd per share)					$ 12
Tranche I - EBITDA for last 12 months or 20 trading days in consecutive 30 day trading period | Class A-2 Common Stock
Business Acquisition [Line Items]
Number of shares converted (in shares)		1,666,666
Tranche II - LTM EBITDA or 20 trading days in consecutive 30 day trading period
Business Acquisition [Line Items]
Maximum EBITDA before stock conversion					$ 152
Maximum stock price of common stock before conversion (in usd per share)					$ 14
Tranche II - LTM EBITDA or 20 trading days in consecutive 30 day trading period | Class A-2 Common Stock
Business Acquisition [Line Items]
Number of shares converted (in shares)					1,666,667
Tranche III - LTM EBITDA or 20 trading days in consecutive 30 day trading period
Business Acquisition [Line Items]
Maximum EBITDA before stock conversion					$ 172
Maximum stock price of common stock before conversion (in usd per share)					$ 16
Tranche III - LTM EBITDA or 20 trading days in consecutive 30 day trading period | Class A-2 Common Stock
Business Acquisition [Line Items]
Number of shares converted (in shares)		1,666,636			1,666,667

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Fair Value Measurements, Assets (Details) - Fair Value, Recurring - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investment in convertible notes	$ 30,129	$ 30,000
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investment in convertible notes	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investment in convertible notes	0	0
Significant Unobservable Inputs (Level 3)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Investment in convertible notes	$ 30,129	$ 30,000

Fair Value Measurements - Sch_2

Fair Value Measurements - Schedule of Unobservable Input Asset Value Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 30,000	$ 0
Purchase of investment in convertible notes	0	30,000
Fair value adjustments	129	0
Ending balance	$ 30,129	$ 30,000

Fair Value Measurements - Sch_3

Fair Value Measurements - Schedule of Fair Value Measurements, Liabilities Measured on a Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	$ 1,400
Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	17,260	$ 17,327
Contingent earnout shares	33,069	61,478
Total	50,329	78,805
Fair Value, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	0	0
Contingent earnout shares	0	0
Total	0	0
Fair Value, Recurring | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	0	0
Contingent earnout shares	33,069	61,478
Total	33,069	61,478
Fair Value, Recurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	17,260	17,327
Contingent earnout shares	0	0
Total	$ 17,260	$ 17,327

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2020USD ($)
Fair Value Disclosures [Abstract]
Decrease in other expenses due to one percent increase in discount rate	$ 0.2
Increase in other expenses due to one percent decrease in discount rate	$ 0.2

Fair Value Measurements - Sch_4

Fair Value Measurements - Schedule of Fair Value Measurements, Contingent Considerations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning of year balance	$ 17,327	$ 6,782	$ 785
Issuance of contingent consideration in connection with acquisitions	3,245	7,216	5,350
Payment of contingent consideration	(4,420)	(1,658)	(387)
Fair value adjustments	1,108	4,987	1,034
Ending balance	$ 17,260	$ 17,327	$ 6,782

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details)	Sep. 28, 2020USD ($)$ / sharesshares	Aug. 14, 2020shares	Jul. 14, 2020shares	Nov. 20, 2019USD ($)$ / sharesshares	Oct. 31, 2020USD ($)$ / sharesshares	Dec. 31, 2020USD ($)$ / sharesshares	Jan. 14, 2020shares	Dec. 31, 2019$ / sharesshares	Dec. 31, 2017$ / sharesshares	Jan. 31, 2013$ / sharesshares
Class of Warrant or Right [Line Items]
Common stock, par value (in usd per share) | $ / shares	$ 0.0001					$ 0.0001		$ 0.0001
Preferred stock, authorized (in shares)						1,000,000		1,000,000
Common stock, shares authorized (in shares)						250,000,000		250,000,000
Sale of stock (in usd per share) | $ / shares	$ 10.50				$ 10.50
Sale of stock, aggregate issuance amount | $	$ 84,000,000
Sale of stock, consideration received on transaction | $	$ 79,200,000
Common stock, shares issued (in shares)						93,379,508		76,637,470
Warrants issued and outstanding (in shares)						0		190,575
Warrants issued (in shares)				7,333,326					15,000,000	253,575
Warrants canceled and reissued to prior shareholders (in shares)				2,444,437
Term of warrants				5 years					5 years
Warrant, exercise price (in usd per share) | $ / shares				$ 11.50					$ 11.50	$ 17.80
Warrants, subject to adjustments after consummation of reverse capitalization period				30 days
Exercise of warrants (in shares)						190,575
Proceeds from issuance of stock warrants | $						$ 3,392,235
Exercise conversion rate of warrants (share per share)			0.25
Number of warrants exercised (in shares)		7,189,990
Percent of warrants outstanding		99.93%
Public Stock Offering
Class of Warrant or Right [Line Items]
Sale of common stock, shares issued (in shares)	8,000,000
Payments of stock issuance costs | $	$ 5,300,000
Over-Allotment Option
Class of Warrant or Right [Line Items]
Sale of common stock, shares issued (in shares)	1,200,000
Tranche I - EBITDA for last 12 months or 20 trading days in consecutive 30 day trading period
Class of Warrant or Right [Line Items]
Maximum EBITDA before stock conversion | $				$ 132,000,000
Tranche II - LTM EBITDA or 20 trading days in consecutive 30 day trading period
Class of Warrant or Right [Line Items]
Maximum EBITDA before stock conversion | $				152,000,000
Tranche III - LTM EBITDA or 20 trading days in consecutive 30 day trading period
Class of Warrant or Right [Line Items]
Maximum EBITDA before stock conversion | $				$ 172,000,000
Class A-1 Common Stock
Class of Warrant or Right [Line Items]
Common stock, shares authorized (in shares)						250,000,000
Conversion of stock, shares converted (in shares)			3,784,416
Exercise of warrants (in shares)		1,797,474
Class A-1 Common Stock | Over-Allotment Option
Class of Warrant or Right [Line Items]
Sale of common stock, shares issued (in shares)					1,133,015
Sale of stock, consideration received on transaction | $					$ 11,200,000
Class A-2 Common Stock | Tranche I - EBITDA for last 12 months or 20 trading days in consecutive 30 day trading period
Class of Warrant or Right [Line Items]
Number of shares converted (in shares)							1,666,666
Class A-2 Common Stock | Tranche II - LTM EBITDA or 20 trading days in consecutive 30 day trading period
Class of Warrant or Right [Line Items]
Number of shares converted (in shares)				1,666,667
Class A-2 Common Stock | Tranche III - LTM EBITDA or 20 trading days in consecutive 30 day trading period
Class of Warrant or Right [Line Items]
Number of shares converted (in shares)				1,666,667			1,666,636

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Stock Reserved for Issuance (Details) - shares	Dec. 31, 2020	Dec. 31, 2019	Nov. 20, 2019
Class of Stock [Line Items]
Class A-1 Common Stock reserved for issuance	7,224,134	29,710,007
Class A-1 Common Stock options and RSUs issued and outstanding
Class of Stock [Line Items]
Class A-1 Common Stock reserved for issuance	3,885,360	2,376,700
Class A-2 Common Stock
Class of Stock [Line Items]
Class A-1 Common Stock reserved for issuance	3,333,363	4,999,999	10,000,000
Warrants
Class of Stock [Line Items]
Class A-1 Common Stock reserved for issuance	5,411	22,333,308

Gaming Terminal Fees (Details)

Gaming Terminal Fees (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Aug. 01, 2018	Jul. 31, 2018
Gaming Terminal Fees [Abstract]
Administrative fee, percentage payable to third-party				0.8513%	0.7275%
Video gaming terminal fees, tax and administrative fee	$ 103.6	$ 133.2	$ 99.1
Licensed video gaming location net terminal income share	$ 98.3	$ 138.8	$ 111.4

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Defined Contribution Plan Disclosure [Line Items]
Annual vesting percentage	20.00%
Employer matching contribution, percentage	50.00%
Employer matching contribution, percent of employee's pay	5.00%
401(k) benefit plan expense	$ 0.6	$ 0.6	$ 0.5
Bonus expense	1.9	2.1	$ 1.8
Accrued bonuses	$ 2.5	$ 1.7
20 percent vested
Defined Contribution Plan Disclosure [Line Items]
Vesting period	2 years
Fully vested
Defined Contribution Plan Disclosure [Line Items]
Vesting period	6 years

Stock-based Compensation - Narr

Stock-based Compensation - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	3 Months Ended		12 Months Ended
	Jan. 31, 2020	Sep. 30, 2020	Mar. 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum percentage of common stock outstanding allowed for awards				10.00%
Options granted (in shares)				1,449,779	0	108,288
Number of shares outstanding which vested (in shares)				2,249,611	1,228,399	3,832,424	4,122,910
Fair value of vested options				$ 0.4	$ 1.2	$ 0.6
Unrecognized compensation expense				$ 20	$ 0.9
Weighted-average exercise price of non-vested awards (in usd per share)				$ 8.87	$ 2.86
Weighted-average remaining contractual term of outstanding awards				6 years 6 months	2 years 8 months 12 days
Intrinsic value of options exercised				$ 2.2	$ 20.7	4.4
Intrinsic value of options outstanding				5.8
Excess tax benefits from share based compensation				$ 5.2	$ (0.1)	1
Class A-1 Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		4 years	5 years
Options granted (in shares)		200,000	1,200,000
Key Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares outstanding which vested (in shares)				216,575	80,098
Weighted-average remaining contractual term				1 year 7 months 6 days	1 year 10 months 24 days
Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period					0 years
Percentage of fair market value of common stock (not less than)				100.00%
Award termination period				10 years
Stock option compensation expense				$ 5.5	$ 2.2	$ 0.5
Options | Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	10 years
Options | Class A-1 Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, number of shares authorized (in shares)	6,000,000
Options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period				4 years		3 years
Options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period				5 years		5 years
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units granted (in shares)		1,700,000		1,665,968
Estimated grant date fair value of options and RSUs granted during period				$ 25.1
Restricted Stock Units (RSUs) | Minimum | Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		6 months
Restricted Stock Units (RSUs) | Minimum | Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		1 year
Restricted Stock Units (RSUs) | Maximum | Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		1 year
Restricted Stock Units (RSUs) | Maximum | Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		5 years

Stock-based Compensation - Sche

Stock-based Compensation - Schedule of Assumptions for Options Granted (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	1,449,779	0	108,288
Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected approximate volatility	38.00%	0.00%	35.00%
Expected dividends	$ 0	$ 0	$ 0
Expected term (in years)	7 years
Risk-free rate, minimum	0.44%		2.41%
Risk-free rate, maximum	1.19%		2.62%
Risk-free rate		0.00%
Options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)			3 years
Stock price (in usd per share)			$ 4
Options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)			5 years
Stock price (in usd per share)			$ 5

Stock-based Compensation - Summ

Stock-based Compensation - Summary of Options Granted and Range in Vesting Periods (Details) - shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)	1,449,779	0	108,288
Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		0 years
Minimum | Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years		3 years
Maximum | Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	5 years		5 years

Stock-based Compensation - Sc_2

Stock-based Compensation - Schedule of Vested Stock Options (Details) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Shares
Number of shares outstanding (in shares)	1,228,399	3,832,424	4,122,910
Granted (in shares)	1,449,779	0	108,288
Exercised (in shares)	(359,987)	(2,590,274)	(284,642)
Forfeited/expired (in shares)	(68,580)	(13,751)	(114,132)
Number of shares outstanding (in shares)	2,249,611	1,228,399	3,832,424
Weighted Average Grant Date Fair Value
Weighted average grant date fair value, outstanding (in usd per share)	$ 0.96	$ 0.73	$ 0.69
Granted (in usd per share)	4.49	0	1.73
Exercised (in usd per share)	0.69	0.62	0.40
Forfeited/expired (in usd per share)	1.32	0.77	1.03
Weighted average grant date fair value, outstanding (in usd per share)	3.25	0.96	0.73
Weighted Average Exercise Price
Weighted average exercise price, outstanding (in usd per share)	2.91	2.16	2.03
Granted (in usd per share)	11.20	0	5.10
Exercised (in usd per share)	2.33	1.84	1.15
Forfeited/expired (in usd per share)	3.85	2.33	2.96
Weighted average exercise price, outstanding (in usd per share)	$ 8.32	$ 2.91	$ 2.16

Stock-based Compensation - Su_2

Stock-based Compensation - Summary of Nonvested Stock Options (Details) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Shares
Number of shares outstanding (in shares)	1,148,301	1,709,589	2,735,572
Granted (in shares)	1,449,779	0	108,288
Vested (in shares)	(496,464)	(547,537)	(1,032,910)
Forfeited (in shares)	(68,580)	(13,751)	(101,361)
Number of shares outstanding (in shares)	2,033,036	1,148,301	1,709,589
Weighted Average Grant Date Fair Value
Weighted average grant date fair value, outstanding (in usd per share)	$ 0.95	$ 0.82	$ 0.73
Granted (in usd per share)	4.49	0	1.73
Vested (in usd per share)	0.08	0.85	0.62
Forfeited (in usd per share)	1.32	0.77	1.07
Weighted average grant date fair value, outstanding (in usd per share)	$ 3.49	$ 0.95	$ 0.82

Stock-based Compensation - Sc_3

Stock-based Compensation - Schedule of Nonvested RSU Activity (Details) - Restricted Stock Units (RSUs) - $ / shares	3 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Shares
Nonvested, beginning balance (in shares)		0
Granted (in shares)	1,700,000	1,665,968
Vested (in shares)		(4,960)
Forfeited (in shares)		(25,259)
Nonvested, ending balance (in shares)		1,635,749
Weighted Average Grant Date Fair Value
Nonvested, beginning balance (in USD per share)		$ 11.15	$ 0
Granted (in USD per share)		11.16
Vested (in USD per share)		10.08
Forfeited (in USD per share)		11.66
Nonvested, ending balance (in USD per share)		$ 11.15

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Operating Loss Carryforwards [Line Items]
Income tax (benefit) expense	$ (16,918)	$ 5,199	$ 4,422
Return-to-provision	(7,613)	(341)	$ 0
Tax credit carryforward	400	$ 500
COVID-19
Operating Loss Carryforwards [Line Items]
Other nonrecurring expense, recoveries	$ 1,300

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Current provision
Federal	$ 0	$ (85)	$ (100)
State	0	43	222
Total current provision	0	(42)	122
Deferred provision
Federal	(12,286)	3,740	3,256
State	(4,632)	1,501	1,044
Total deferred provision	(16,918)	5,241	4,300
Total income tax (benefit) expense	$ (16,918)	$ 5,199	$ 4,422

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Expected Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Computed “expected” tax (benefit) expense	$ (6,279)	$ (2,205)	$ 3,197
(Decrease) increase in income taxes resulting from:
State income taxes	(2,848)	1,634	1,219
Return-to-provision	(7,613)	(341)	0
Change in fair value of contingent earnout shares	(1,782)	2,066	0
Permanently non-deductible transaction costs	485	2,079	0
Officer's compensation	0	1,991	0
Other permanent items	220	(16)	(264)
Enacted rate change	(6)	0	0
Other	905	(9)	270
Total income tax (benefit) expense	$ (16,918)	$ 5,199	$ 4,422

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets:
Net operating loss carryforwards	$ 31,215	$ 6,633
Location contracts and other intangibles	5,829	4,699
Stock-based compensation	1,428	0
Other	394	260
Total deferred tax assets	38,866	11,592
Deferred tax liabilities:
Property and equipment	35,005	24,568
Unrealized gain on investments in convertible notes	37	0
Deferred tax liabilities, gross	35,042	24,568
Total deferred tax assets, net	$ 3,824
Total deferred tax liabilities, net		$ 12,976

Income Taxes - Summary of Carry

Income Taxes - Summary of Carryforwards of Net Operating Losses (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Federal net operating losses
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 108,830	$ 27,873
State net operating losses
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 106,004	$ 14,454

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details)	Dec. 18, 2020USD ($)	Jul. 02, 2019USD ($)	Dec. 31, 2020USD ($)defendent	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Loss Contingencies [Line Items]
Rent expense			$ 500,000	$ 300,000	$ 300,000
Number of defendant establishments | defendent			10
Loss due to settlement agreements					$ 400,000
Illinois Gaming Investors, LLC vs. The Company
Loss Contingencies [Line Items]
Damages sought		$ 10,000,000
IGB Complaint
Loss Contingencies [Line Items]
Damages sought	$ 5,000,000

Commitments and Contingencies_2

Commitments and Contingencies - Schedule of Future Minimum Payments (Details) $ in Thousands	Dec. 31, 2020USD ($)
Commitments and Contingencies Disclosure [Abstract]
2021	$ 336
2022	259
2023	148
Total	$ 743

Related-Party Transactions (Det

Related-Party Transactions (Details) - USD ($)	Sep. 28, 2020	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Related Party Transaction [Line Items]
Payments on consideration payable				$ 5,448,000	$ 2,321,000	$ 814,000
Underwriting fee, percent of stock issuance costs				4.50%
Sale of stock, aggregate issuance amount	$ 84,000,000
Professional service fees paid by shareholder				$ 0	2,891,000	0
Public Stock Offering
Related Party Transaction [Line Items]
Sale of common stock, shares issued (in shares)	8,000,000
Raine Group
Related Party Transaction [Line Items]
Payments for underwriting expense				$ 200,000
Underwriting fee, percent paid				5.50%
Consideration Payable to Previous Sellers in Business Acquisitions | Fair Share Seller | Director
Related Party Transaction [Line Items]
Contingent consideration liability		$ 2,000,000		$ 1,600,000	2,000,000
Payments on consideration payable				900,000	900,000	0
Consideration Payable to Previous Sellers in Business Acquisitions | G3 Seller | Employee
Related Party Transaction [Line Items]
Contingent consideration liability		3,100,000		500,000	3,100,000
Payments on consideration payable				2,500,000	400,000	0
Consideration Payable to Previous Sellers in Business Acquisitions | Tom's Amusements | Employee
Related Party Transaction [Line Items]
Payments on consideration payable				1,500,000	0
Legal Fees for General Legal and Business Matters | Much Shelist | Affiliated Entity
Related Party Transaction [Line Items]
Legal fees				$ 100,000	600,000	$ 300,000
Legal Fees for General Legal and Business Matters | Additional Paid-In Capital | Much Shelist | Affiliated Entity
Related Party Transaction [Line Items]
Net equity infusion from reverse recapitalization		$ 200,000
Investment Banking Services and Assistance with Reverse Recapitalization | The Raine Group | Affiliated Entity
Related Party Transaction [Line Items]
Payments to related party					$ 11,000,000
Payments for Public Accounting Firm Services Rendered on Behalf of the Company | Class A Common Stockholder
Related Party Transaction [Line Items]
Professional service fees paid by shareholder			$ 2,900,000

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended			6 Months Ended	9 Months Ended	12 Months Ended
		Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2020	Sep. 30, 2020	Dec. 31, 2020		Dec. 31, 2019		Dec. 31, 2018
Earnings Per Share [Abstract]
Net (loss) income		$ 8,544	$ (28,448)	$ 15,440	$ (13,008)	$ (4,464)	$ (12,984)		$ (15,701)		$ 10,803
Basic weighted average outstanding shares of common stock (in shares)	[1]						83,045,000		61,850,000		57,621,000
Dilutive effect of stock-based awards for common stock (in shares)							0		0		1,605,000
Dilutive effect of stockholder notes receivable for common stock (in shares)							0		0		407,000
Dilutive effect of warrants for common stock (in shares)							0		0		2,549,000
Diluted weighted average outstanding shares of common stock (in shares)	[1]						83,045,000		61,850,000		62,182,000
Earnings per share - basic (in usd per share)		$ 0.10	$ (0.36)	$ 0.20	$ (0.17)	$ (0.06)	$ (0.16)	[1]	$ (0.25)	[1]	$ 0.19	[1]
Earnings per share - diluted (in usd per share)		$ 0.10	$ (0.36)	$ 0.20	$ (0.17)	$ (0.06)	$ (0.16)	[1]	$ (0.25)	[1]	$ 0.17	[1]
Anti-dilutive options excluded from calculation of diluted EPS (in shares)							3,369,759		23,561,725		439,167
[1]	Per share and share amounts for 2018 have been retroactively restated to give effect to the reverse recapitalization that is discussed in Note 3.

Subsequent Events (Details)

Subsequent Events (Details) $ in Thousands	Mar. 02, 2021USD ($)terminallocation	Dec. 31, 2018USD ($)	Mar. 09, 2021USD ($)	Dec. 31, 2020terminallocation	Jul. 30, 2020USD ($)	Dec. 31, 2019locationterminal	Oct. 11, 2019USD ($)	Jul. 19, 2019USD ($)
Subsequent Event [Line Items]
Number of video gaming locations | location				2,435		2,312
Number of video gaming terminals | terminal				12,247		10,499
Total consideration		$ 63,745
Convertible Promissory Notes
Subsequent Event [Line Items]
Investment purchase (up to)					$ 25,000		$ 25,000	$ 30,000
Convertible Promissory Notes | Subordinated Debt
Subsequent Event [Line Items]
Investment purchase (up to)					$ 5,000			$ 5,000
Subsequent Event | Century
Subsequent Event [Line Items]
Number of video gaming locations | location	900
Number of video gaming terminals | terminal	8,500
Subsequent Event | Century | Forecast
Subsequent Event [Line Items]
Total consideration	$ 140,000
Subsequent Event | Convertible Promissory Notes
Subsequent Event [Line Items]
Investment purchase (up to)			$ 25,000
Subsequent Event | Convertible Promissory Notes | Subordinated Debt
Subsequent Event [Line Items]
Investment purchase (up to)			$ 5,000