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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.
Table Trac, Inc. (OTCQX: TBTC) operates over 270 casino management systems across 13 countries. Their product, CasinoTrac, caters to various gaming environments, including Bingo and electronic horse racing terminals, allowing flexible accounting and player club services. Recently, they partnered with two gaming operators in Alabama: Greenetrack racetrack and The Palace Bingo, which opened in July. This collaboration enhances their market reach and product application.
Table Trac, Inc. (OTCQX: TBTC) reported its financial results for Q2 2022, showing a revenue increase of approximately $1,012,000, rising to $2,459,014 from $1,447,046 in Q2 2021. The company installed six new systems, expanded customer locations, and recorded the highest number of games installed in a quarter. As of June 30, 2022, there are seven contracts and one expansion in backlog. However, $2,829,200 of installed systems were not recorded as revenue due to collectability issues, affecting financial metrics for the quarter.
Table Trac Inc (OTCQX: TBTC) has received approval for its CasinoTrac management system in Nevada, enhancing its operations in the gaming sector. Their system is now implemented in Las Vegas, a key market, following contracts with two well-regarded casinos. Chad Hoehne, President, expresses pride in this achievement, noting that the system is active in over 270 casinos across the U.S. and internationally. This expansion could significantly bolster Table Trac's presence and reference appeal in the gaming capital, paving the way for future growth opportunities.
Table Trac, Inc. (OTCQX: TBTC) has signed a significant agreement to implement its CasinoTrac management system at Bighorn Casino and Longhorn Casino in Las Vegas, Nevada. Bighorn Casino recently received an award for 'Best Casino and Restaurant' in North Las Vegas, enhancing its reputation. Chad Hoehne, President of Table Trac, expressed confidence in the products' ability to improve business operations at these locations. The partnership marks a strategic move for Table Trac, which operates in 13 countries, aiming to expand its market presence.
Table Trac, Inc. (OTCQX: TBTC) has secured a contract with Waymore Casino in Panama to implement its CasinoTrac management system. This partnership signifies a growing trend of South American casinos adopting Table Trac's innovative solutions. The Waymore Casino's executive team expressed enthusiasm about the new capabilities the CasinoTrac system will bring as they expand their operations. Table Trac, founded in 1995, has over 145 systems installed across the Americas, continuing to enhance their footprint in the gaming industry.
Table Trac, Inc. (OTCQX: TBTC) announced the installation of its CasinoTrac management system at the Lucky Strike Casino in Carson City, Nevada, owned by Stillwater Gaming. The CasinoTrac system is recognized for its reliability and value in the casino industry. Chad Hoehne, President of Table Trac, expressed pride in partnering with Stillwater Gaming, while Scott Tate from Stillwater Gaming praised CasinoTrac's stability and the company's focus on gaming systems. Table Trac has been operating in 13 countries, enhancing its global footprint.
Table Trac, Inc. (OTCQX: TBTC) announced its partnership with Lake of the Torches Resort Casino to implement the Table Games Management System. This upgrade aims to enhance player tracking and accounting capabilities within their table games department, as stated by CEO Bill Guelcher. The CasinoTrac system's dynamic integration and future modular additions were highlighted as key benefits. CEO Chad Hoehne emphasized the company's commitment to meeting unique client requirements. Table Trac has systems operational in North, South, and Central America, as well as the Caribbean.
Table Trac, Inc. (OTCQX: TBTC) reported significant growth for Q1 2022, with net income of $1,261,840, up from $616,007 in Q1 2021, marking a 104% increase. The company installed three new systems and expanded its presence in existing locations, leading to nine customer contracts in backlog, expected to install within two quarters. Basic net income per share rose to $0.28 from $0.14, while diluted EPS increased to $0.27 from $0.14.
Table Trac, Inc. (OTCQX: TBTC) reported strong financial results for the year ending December 31, 2021. Revenues increased to $6.97 million, up from $4.40 million in 2020, as the casino industry rebounded. The company achieved a net income of $1.71 million compared to $306,893 previously, with earnings per share rising to $0.38. Operating expenses decreased to $3.56 million, aided by Employee Retention Credits. Table Trac installed its casino management systems in ten locations during 2021, supporting over 100 casino operators across 265 casinos globally.
Table Trac, Inc. (OTCQX: TBTC) has entered into an agreement to implement its CasinoTrac management system at Best Bet Products, Inc's Phoenix Bar and Grill in Pahrump, Nevada. This collaboration aims to enhance customer loyalty and drive growth through an integrated slot accounting and customer reward program. Best Bet Products, Inc's President, Shawn Holmes, emphasized the importance of building a Player's Club to capitalize on gaming opportunities. Table Trac's President, Chad Hoehne, expressed confidence in the system's capabilities to assist in business growth.
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