STOCK TITAN

Stillwater Gaming & CasinoTrac Expand Again at Tahoe Nugget Casino

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

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.

Positive
  • Installation of CasinoTrac at Tahoe Nugget Casino expands Table Trac's market presence.
  • Repeated choice of CasinoTrac by Stillwater Gaming indicates high customer satisfaction.
  • Positive endorsement from Scott Tate highlights the system's stability and user-focused design.
Negative
  • The press release lacks specific financial details or projections from the new installation.
  • No mention of additional revenue or business growth expected from this expansion.
  • Potential risks not discussed, such as integration challenges or costs associated with the new system.

MINNETONKA, Minn., June 12, 2024 (GLOBE NEWSWIRE) -- Table Trac, Inc. (OTCQX: TBTC) announced today that the Tahoe Nugget Casino, located in South Lake Tahoe, Nevada, will soon have its CasinoTrac casino management system installed.

Stillwater Gaming owns and operates multiple casino properties throughout Nevada, in Churchill and Lyon counties and the Carson Valley. These locations feature slot machines, entertainment, hotels, bars, and restaurants.

“We are excited again to be the system of choice for Stillwater Gaming as they continue their expansion into the Lake Tahoe area,” said Chad Hoehne, President of Table Trac, Inc.

“When I think about CasinoTrac, I see great value.   The system is developed and supported by professionals who are truly focused on the end user – casino guests.” Said Scott Tate, Stillwater Gaming, LLC. “I am impressed with the stability of the CasinoTrac system as we have utilized in many of our casinos.   Additionally, I particularly like the fact that Table Trac is a company dedicated completely to gaming systems.   That focus appears to be what drives the quality of the system and the culture of the Table Trac Team.”

About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. designs, develops and sells casino management systems and software. CasinoTrac CMS is operational in more than 300 casinos and 41 Native American tribes across 13 countries, including the United States, Central and South America, the Caribbean, and Australia. More information is available at https://www.CasinoTrac.com/.

Forward Looking Statements
This press release contains forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission.



FAQ

What is the latest news about TBTC?

Table Trac announced the installation of its CasinoTrac system at the Tahoe Nugget Casino on June 12, 2024.

What is Table Trac's recent expansion?

Table Trac is expanding with the installation of its CasinoTrac system at the Tahoe Nugget Casino.

Which casino is installing the CasinoTrac system?

The Tahoe Nugget Casino in South Lake Tahoe, Nevada, will have the CasinoTrac system installed.

Who owns the Tahoe Nugget Casino?

The Tahoe Nugget Casino is owned and operated by Stillwater Gaming.

What features do Stillwater Gaming's locations have?

Stillwater Gaming's locations feature slot machines, entertainment, hotels, bars, and restaurants.

Why was CasinoTrac chosen by Stillwater Gaming?

Stillwater Gaming chose CasinoTrac for its stability and user-focused design, as noted by Scott Tate.

TABLE TRAC INC

OTC:TBTC

TBTC Rankings

TBTC Latest News

TBTC Stock Data

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