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. (OTCQX: TBTC) is a developer, seller, and lessor of casino information and management systems, best known for its CasinoTrac casino management system. The TBTC news page highlights company announcements that reflect both its technology roadmap and its role as a supplier to casinos worldwide.
News coverage for Table Trac often includes earnings releases, where the company reports system installations at new customer locations, expansions of services at existing casinos, and maintenance revenue trends. These updates typically reference the availability of detailed financial information in the company’s Form 10-Q filings on the SEC’s EDGAR system.
Investors and industry followers will also find press releases on new customer wins and market expansion. Examples include agreements to install CasinoTrac CMS with tribal gaming enterprises and the continued rollout and upgrades of CasinoTrac systems in Nevada casinos. Such items provide insight into how the company is extending its footprint across commercial and tribal gaming properties.
Table Trac’s news flow also features technology and partnership announcements. The company has described enhancements to its CasinoTrac platform, including components such as the PlayerLINQ network, SlotSUITE, SelfPAY, KTMobile, DataTrac, and CTLoyalty, and has announced integrations like its strategic partnership with InfiGifts for gifting solutions. Corporate governance and capital return items, such as quarterly dividend declarations and leadership changes disclosed via Form 8-K, are also covered.
By reviewing the TBTC news page, readers can follow how Table Trac is deploying its casino management systems, evolving its technology platform, and communicating financial and corporate developments over time.
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.
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.
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.
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.
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.
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.