Table Trac/CasinoTrac Enters the Alabama Market

Rhea-AI Summary

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.

Positive

• Expansion into Alabama with contracts with Greenetrack and The Palace Bingo.
• Over 270 management systems installed worldwide, indicating strong market presence.

Negative

• None.

MINNETONKA, Minn., Aug. 16, 2022 (GLOBE NEWSWIRE) -- Table Trac, Inc (OTCQX: TBTC) Table Trac operates in over 270 casinos in 13 countries.The CasinoTrac management system is a versatile product that is suited to a number of different kinds of gaming and entertainment center environments in addition to the kind typically thought of as a “Casino” in Nevada or Atlantic City, or referred to as Class III gaming.   These kinds of entertainment centers offer gaming terminals that look and play similar to a slot machine, but the odds and wins are based on a Bingo Card, a Pull tab, or even a historical horse race result in an electronic form.  This fact allows us to provide the accounting and player club services across a wide variety of similarly equipped entertainment locations.

Table Trac has contracted with two gaming operators in Alabama: Greenetrack is a popular racetrack and The Palace Bingo is a new center which opened in July. Both offer a variety of these gaming terminal-based games that are approved by the regulators in their local jurisdiction.

“The unique platform and architecture of our product makes it flexible so that it can provide accounting and player club functionality to these kinds of special environments.” said Chad Hoehne, President of Table Trac, Inc.,

About Table Trac, Inc.

Founded in 1995, Table Trac, Inc. designs, develops and sells casino information and management systems. The company has over 270 systems installed in casinos worldwide. More information is available at http://www.tabletrac.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 new partnerships has Table Trac announced?

Table Trac has partnered with two gaming operators in Alabama: Greenetrack and The Palace Bingo.

What is the CasinoTrac management system used for?

CasinoTrac is used for accounting and player club services in various gaming environments beyond traditional casinos.

How many systems does Table Trac have installed worldwide?

Table Trac has over 270 casino management systems installed globally.

In how many countries does Table Trac operate?

Table Trac operates in 13 countries.

What type of gaming does Table Trac's systems support?

Their systems support gaming terminals based on Bingo cards, pull tabs, and electronic horse racing.