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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, Inc. has announced the appointment of Jeff Baldi as Senior Vice President of Commercial Strategy. He will be responsible for Sales & Marketing strategies to expand on record-breaking revenues in 2022. Baldi brings over 27 years of experience in Casino Operations and Manufacturing. This move reflects the company's commitment to increase brand awareness and expand its presence in the casino industry.
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Table Trac, Inc. (OTCQX: TBTC) reported strong financial results for the year ended December 31, 2022, marking a record total revenue of $11 million, a 58% increase from the previous year. Income before taxes reached $2.18 million. The company received a 2023 OTCQX Best 50 award for ranking 25th among over 500 listed companies. Key achievements include the installation of 16 casino management systems and a 103% increase in system sales. Recurring revenue rose 12%, making up 31.7% of total revenue. Management expresses optimism for continued growth as backlogged projects are expected to be completed by Q2 2023.

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Table Trac has received a gaming license from the Mississippi Gaming Commission, enabling the installation of its gaming management system in local casinos. This approval, noted by CEO Chad Hoehne, marks Mississippi as the seventh state to grant a license to Table Trac, joining others such as Iowa and Nevada. The company aims to provide casino operators with innovative products like PromoTrac and CasinoTrac. Established in 1995, Table Trac designs casino management systems, with over 100 operators across North, South and Central America, and Australia.

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Table Trac Inc. (OTCQX: TBTC) has declared a cash dividend of $0.02 per share to be paid on December 27, 2022. Shareholders must hold shares by the close of business on December 9, 2022, to qualify for this dividend. The company, established in 1995, specializes in casino information and management systems across multiple regions including North and South America, Australia, and the Caribbean. This announcement reflects the company’s commitment to returning value to its shareholders.

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Table Trac, Inc. (OTCQX: TBTC) reported robust financial results for the third quarter and nine months ended September 30, 2022. Revenue surged by 59% year-over-year to approximately $2.3 million for Q3 2022 and increased by 60% to $8.1 million for the nine-month period. The company expanded operations with installations at new locations and an increase in games for existing customers. As of September 30, 2022, ten system contracts were in backlog, indicating sustained growth opportunities.

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Table Trac, Inc. (OTCQX: TBTC) has announced the installation of its CasinoTrac management system at the Golden Buffalo Casino and Motel in Lower Brule, South Dakota. This advanced system aims to enhance slot accounting and customer reward programs, fostering customer loyalty and future growth, as stated by the casino's General Manager, Quintin HT McGhee. Chad Hoehne, President of Table Trac, expressed confidence that this partnership will assist the casino in achieving its business objectives. Table Trac was founded in 1995 and provides casino management solutions across the Americas.

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Table Trac, Inc. (OTCQX: TBTC) has secured a contract to provide its casino management system to Havasu Landing Resort and Casino in California. This collaboration marks a significant addition to Table Trac's portfolio, enabling the resort to enhance its players club and streamline operations. The resort features new gaming options, a hotel with lake views, and live entertainment, positioning it as a prime destination. Chad Hoehne, President of Table Trac, expressed confidence in the partnership's potential to boost business growth and operational efficiency.

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FAQ

What is the current stock price of TABLE TRAC (TBTC)?

The current stock price of TABLE TRAC (TBTC) is $3.8 as of October 15, 2024.

What is the market cap of TABLE TRAC (TBTC)?

The market cap of TABLE TRAC (TBTC) is approximately 18.6M.

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

18.59M
2.94M
36.59%
Resorts & Casinos
Consumer Cyclical
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United States of America
Minnetonka