Related-Party Transactions

9 Months Ended

Sep. 30, 2023

Related Party Transactions [Abstract]

Related-Party Transactions

Related-Party Transactions

Subsequent to the Company's acquisition of certain assets of Fair Share Gaming, LLC (“Fair Share”), G3 Gaming, LLC (“G3”), and Tom’s Amusement Company, Inc., (“Tom's Amusements”), the sellers became employees of the Company.

Consideration payable to the Fair Share seller was $0.7 million and $1.1 million as of September 30, 2023 and December 31, 2022, respectively. Payments to the Fair Share seller under the acquisition agreement were $0.8 million and $1.5 million during the nine months ended September 30, 2023 and 2022, respectively.

Consideration payable to the G3 sellers was $0.4 million as of December 31, 2022. Payments to the G3 sellers under the acquisition agreement were $0.5 million during the nine months ended September 30, 2023. There were no payments made to the G3 sellers during the nine months ended September 30, 2022.

Consideration payable to the Tom's Amusements seller was $0.1 million as of both September 30, 2023 and December 31, 2022. There were no payments to the Tom's Amusements seller during the nine months ended September 30, 2023 and $1.4 million during the nine months ended September 30, 2022.

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. Accel paid Much Shelist $0.3 million and $0.2 million for the nine months ended September 30, 2023 and 2022, respectively. These payments were included in general and administrative expenses within the condensed consolidated statements of operations and comprehensive income.