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Table Trac Inc - TBTC STOCK NEWS

Welcome to our dedicated page for Table Trac news (Ticker: TBTC), a resource for investors and traders seeking the latest updates and insights on Table Trac stock.

Table Trac, Inc. (TBTC) is an industry leader in providing innovative casino management solutions. Established in 1995, the company has made significant strides in enhancing casino operations through its flagship product, CasinoTrac™. This integrated casino management system offers a comprehensive suite of tools for accounting, revenue audits, player club management, and promotions.

CasinoTrac™ is recognized for its affordability, security, and scalability, currently processing millions of transactions daily across more than 50 casinos worldwide. The system is designed to deliver full functionality, enabling operators to streamline their gaming operations effectively.

Recently, Table Trac, Inc. has been involved in a joint venture with Centennial Gaming Systems. This partnership aims to revolutionize customer service interactions in casinos by introducing RePrint Enroll™—a system that allows patrons to self-service loyalty card re-printing and enrollment. This innovative solution is not only beneficial to CasinoTrac™ customers but is also compatible with other CMS solutions.

Table Trac, Inc. boasts nearly 300 systems installed globally, serving casinos in 13 countries, including the United States, Central and South America, the Caribbean, and Australia. The company's commitment to innovation and customer satisfaction is evident in its latest projects and partnerships, such as the collaboration with the Legendary Waters Resort & Casino and Four Jacks Hotel and Casino.

Financially, Table Trac, Inc. continues to show promise with its expanding market presence and robust product offerings. The company's focus on delivering reliable and value-driven solutions has earned it a solid reputation among casino operators. More information about Table Trac, Inc. and its products can be found on their official website, CasinoTrac.com.

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Table Trac (OTCQX: TBTC) has announced a quarterly cash dividend of $0.02 per share on its common stock. The dividend was approved by the Board of Directors on February 28, 2025. Shareholders of record as of the close of business on March 14, 2025, will receive the dividend payment on March 28, 2025.

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Table Trac (OTCQX: TBTC) announced the deployment of its comprehensive Loyalty, Bonusing, & Operations technology suite to Shoalwater Bay Casino. The implementation includes upgrading the slot network to CasinoTrac's PlayerLINQ™ network, featuring the SlotSUITE™ platform and SelfPAY™ system.

The enhancement aims to strengthen player engagement through automated marketing, reduced jackpot payout times, and improved play velocity. The casino will implement features allowing players to self-enroll in Players Club, receive benefits through kiosks, and access offers directly at gaming machines.

This expansion builds upon an existing eight-year partnership between the companies, focusing on enhancing customer experience while maintaining secure operations.

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Table Trac (OTCQX: TBTC) has announced a strategic partnership with Apache Nugget , a business enterprise of the Jicarilla Apache Nation, to implement its CasinoTrac casino management system and SlotSUITE operations suite across all casino and resort operations.

The initial deployment will begin with Apache Nugget's casino reopening near Cuba, N.M., on February 14. The implementation includes the PlayerLINQ network and comprehensive security features that have been proven over nearly 30 years. The system's promotions engine, enhanced by SlotSUITE & SelfPAY, will provide benefits such as automated marketing, reduced jackpot payout times, increased play velocity, and improved tracking of un-carded players.

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Table Trac (OTCQX: TBTC) has announced a multi-year financial commitment to establish a Tribal Education Scholarship at UNLV's William F. Harrah College of Hospitality. The scholarship, starting spring 2025, will support students pursuing hospitality management degrees, with a focus on those involved in the college's Tribal Education Initiative.

The scholarship will be available to all UNLV Hospitality College students in good academic standing, covering expenses such as tuition, laptops, books, and application fees. This initiative aligns with Table Trac's commitment to supporting Native American communities and expanding opportunities in the gaming and hospitality sectors.

Table Trac, established in 1995, develops and supports casino management systems, including player tracking, kiosk promotions, and vault controls. The company's CasinoTrac system is currently installed in over 300 casinos worldwide across 115 operators.

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Table Trac Inc. (OTCQX: TBTC) has announced that its CasinoTrac system has been selected to replace the existing Casino Management System at the Jackpot Crossing Casino in Carson City, Nevada. The casino, located at 1897 N Edmonds Drive, is a popular entertainment venue offering various gaming options.

Chad Hoehne, President of Table Trac Inc., emphasized the company's commitment to customer support and development through U.S.-based experts. Scott Tate from Stillwater Gaming, praised Table Trac's focus on operators and casino guests, distinguishing it from competitors who prioritize their own interests.

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Table Trac reported financial results for Q3 2024, showing positive growth trends. The company's total revenue for the first nine months of 2024 reached $8M, marking a 22% increase from $6.6M in 2023. Gross profit for the quarter was $1.8M, up from $1.4M in 2023. The company installed two systems during Q3 and had five installations in backlog as of September 30, 2024. Net income for Q3 2024 was $292,379, compared to $171,988 in 2023, with diluted EPS of $0.06, up from $0.04 in the previous year.

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Table Trac (OTCQX: TBTC) announced on November 8, 2024, that its Board of Directors has approved a quarterly cash dividend of $0.01 per share. The dividend will be paid on December 13, 2024, to shareholders who are on record as of November 29, 2024.

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Table Trac Inc. (OTCQX: TBTC), the producer of CasinoTrac, has appointed Andrew T. Berger to its Board of Directors on October 3, 2024. Mr. Berger brings extensive experience, having served as a director and Executive Chair of Autoscope Technologies , CEO of Tuesday Morning , and Managing Member of AB Value Management He has also held positions at Value Line, Inc., Cosi, and Rocky Mountain Chocolate Factory, Inc.

Chad Hoehne, President and CEO of Table Trac, expressed excitement about Mr. Berger joining the board. Mr. Berger stated his enthusiasm for the opportunity and his belief in the company's potential for expansion and growth. His diverse background in various industries and roles is expected to contribute valuable insights to Table Trac's strategic direction.

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Table Trac, Inc. (OTCQX: TBTC) has released a case study showcasing the impressive results of their SlotSUITE solution, developed in partnership with TransAct Technologies. This innovative software combines CasinoTrac CMS's flexibility with Epicentral SE's promotional capabilities, operating on CasinoTrac's PlayerLINQ network. The study highlights how SlotSUITE addressed the issue of VIP players avoiding promotions due to manual participation requirements.

Over a six-month period, the solution generated nearly one million dynamic entries, leading to significant improvements in key metrics such as rated play, win per unit, and coin-in. The full case study, detailing these remarkable outcomes, is available for download on the CasinoTrac website.

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CasinoTrac and TransAct have reported impressive results from a six-month deployment of their SlotSUITE system, powered by Epicentral SE, at a large regional casino in the American Southwest. The implementation, covering over 2,500 games, showed significant improvements in key performance areas:

- Carded/Rated Play increased by 58.6%, from 17% to 29%
- Rated Coin-In rose by 21% on upgraded games
- Overall Coin-In increased by 3% across the entire floor
- Rated WPU (Win Per Unit) grew by 39% on SlotSUITE-enhanced games
- Overall WPU increased by 8% across the entire gaming floor

The SlotSUITE system integrates TransAct's Epicentral SE with CasinoTrac's PromoTrac, offering a single-wire solution for enhanced player engagement and streamlined operations.

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FAQ

What is the current stock price of Table Trac (TBTC)?

The current stock price of Table Trac (TBTC) is $3.9892 as of February 28, 2025.

What is the market cap of Table Trac (TBTC)?

The market cap of Table Trac (TBTC) is approximately 19.0M.

What does Table Trac, Inc. do?

Table Trac, Inc. designs, develops, and sells casino management systems, primarily through their flagship product, CasinoTrac™.

What is CasinoTrac™?

CasinoTrac™ is a comprehensive casino management system that offers tools for accounting, revenue audits, player club management, and promotions.

Where is CasinoTrac™ operational?

CasinoTrac™ is operational in casinos across 13 countries, including the United States, Central and South America, the Caribbean, and Australia.

What recent partnerships has Table Trac, Inc. formed?

Table Trac, Inc. recently formed a joint venture with Centennial Gaming Systems to introduce RePrint Enroll™, a system for loyalty card re-printing and enrollment.

Who are some of Table Trac, Inc.'s clients?

Clients include the Legendary Waters Resort & Casino and Four Jacks Hotel and Casino, among others.

What are the benefits of using CasinoTrac™?

CasinoTrac™ offers affordability, security, scalability, and full functionality for streamlining casino operations.

When was Table Trac, Inc. founded?

Table Trac, Inc. was founded in 1995.

How many systems has Table Trac, Inc. installed globally?

Table Trac, Inc. has nearly 300 systems installed worldwide.

What is RePrint Enroll™?

RePrint Enroll™ is a self-service system for loyalty card re-printing and enrollment, part of a joint venture with Centennial Gaming Systems.

Where can I find more information about Table Trac, Inc.?

More information can be found on their official website: CasinoTrac.com.
Table Trac Inc

OTC:TBTC

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TBTC Stock Data

19.01M
2.63M
37.17%
Resorts & Casinos
Consumer Cyclical
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United States
Minnetonka