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) delivers cutting-edge casino management solutions through its CasinoTrac CMS platform, serving gaming operators worldwide since 1995. This news hub provides investors and industry professionals with essential resource for tracking operational developments, regulatory compliance updates, and strategic initiatives in the gaming technology sector.
Access timely updates on product enhancements, partnership announcements, and system implementations across tribal and commercial casino environments. Our curated collection features press releases covering earnings reports, technology certifications, and customer success stories from Table Trac's global installations.
Key news categories include software innovations in player tracking systems, compliance updates for gaming regulations, and operational expansions within the casino management market. Stay informed about developments in real-time table monitoring, promotional kiosk integrations, and security enhancements that maintain Table Trac's industry leadership.
Bookmark this page for centralized access to verified updates about TBTC's solutions that optimize casino operations through automated accounting, loyalty program management, and audit-ready reporting systems. Regularly updated to reflect the company's ongoing commitment to secure, scalable gaming technology solutions.
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.
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.
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.
Table Trac, Inc. (OTCQX: TBTC) reported its 2024 second quarter earnings, showing significant growth. System revenue for the quarter increased by approximately 125% to $2M, compared to $907K in 2023. Net income rose to $806,570 from $571,380 in the same period last year. The company installed two systems and expanded its presence through distributors. Table Trac has four customer contracts in backlog as of June 30, 2024, with most expected to be installed in the next two quarters.
Earnings per share also improved, with basic EPS increasing to $0.18 from $0.13, and diluted EPS rising to $0.17 from $0.12 year-over-year. For the six-month period, net income slightly decreased to $818,231 from $907,241 in 2023, with both basic and diluted EPS at $0.18 compared to $0.20 in the previous year.
Table Trac, Inc. (OTCQX: TBTC) has announced a major project with WinnaVegas Casino Resort, involving system upgrades, new promotional kiosks, and mobile technology. The project aims to consolidate systems and launch cashless wagering at the Winnebago Tribe of Nebraska's casino in Sloan, IA. Key aspects include:
1. Deployment of KioskTrac™ Loyalty Kiosks and KTMobile™ app with cashless wagering
2. Implementation of DataTrac™, an interactive data analytics suite
3. Partnership with Koin for integrated digital payment solutions
4. Upgrades to enhance guest experience and operational efficiency
This collaboration marks a significant advancement in gaming technology and customer experience for WinnaVegas, showcasing Table Trac's commitment to innovation in the casino management industry.
Table Trac (OTCQX: TBTC) has announced a quarterly cash dividend of $0.01 per share on its common stock. The Board of Directors approved this dividend on August 9, 2024. Shareholders of record as of the close of business on August 30, 2024, will be eligible to receive the dividend, which is scheduled for payment on September 13, 2024. This announcement demonstrates Table Trac's commitment to providing regular returns to its shareholders, potentially indicating confidence in the company's financial stability and cash flow generation capabilities.
Table Trac, Inc. (OTCQX: TBTC) has announced a new agreement to replace a competitor's system with their CasinoTrac™ casino management system at Sac & Fox Casino in Powhattan, KS. This marks Table Trac's 41st Native American tribal partnership. The casino will deploy various CasinoTrac solutions, including:
- PlayerLINQ™ - 6.2" touchscreen player tracking interface
- CTLoyalty™ for patron marketing, promotions, and bonusing
- KioskTrac™ promotional games with account management
- Slot accounting solutions
Founded in 1995, Table Trac designs and sells casino management systems. CasinoTrac is now operational in over 300 casinos across 13 countries.
On June 12, 2024, Table Trac (OTCQX: TBTC) announced the installation of its CasinoTrac management system at the Tahoe Nugget Casino in South Lake Tahoe, Nevada. This expansion is part of Stillwater Gaming's broader strategy, which owns and operates several casinos in Nevada, including in Churchill and Lyon counties and the Carson Valley. The CasinoTrac system, known for its stability and user-focused design, has been positively received by Scott Tate of Stillwater Gaming. This addition reflects Table Trac's commitment to providing quality gaming systems designed specifically for casino operations.
Table Trac, Inc. reported its 2024 first quarter financial results, showing growth and expansion in customer contracts and revenue. The company installed new systems, expanded services, and saw an increase in maintenance and service revenue compared to the previous year. With new contracts signed and expansion plans in place, Table Trac, Inc. is positioned for further growth in the coming quarters.
Table Trac, Inc. (OTCQX: TBTC) announced the approval of its mobile application, KTMobile, by the Nevada Gaming Control Board. KTMobile offers casino guests a user-friendly interface to access account information, promotions, loyalty features, and virtual player card functions. The app is compatible with PlayerLINQ™, bringing patron marketing and gaming features to guests' fingertips. Founded in 1995, Table Trac, Inc. operates in over 300 casinos across 13 countries.
