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Table Trac, Inc. (TBTC) develops, sells and leases casino information and management systems, with news centered on its CasinoTrac platform, technical support services and installed-base activity across casino operators. Company updates commonly cover customer selections and installations, modules for player tracking, kiosk promotions, vault and cage controls, and systems designed for gaming-industry auditing, accounting and regulatory requirements.
Recurring announcements also include quarterly and special cash dividends, annual operating results, leadership changes and product development in casino table-game monitoring. Table Trac’s technology references include open-architecture CasinoTrac integrations with third-party software and hardware and a patented real-time system for automating and monitoring casino gaming tables.
Table Trac Inc (OTCQX: TBTC) reported its financial results for the year ended December 31, 2024, highlighting several achievements. The company achieved record maintenance revenue of $5.37 Million, representing an 8% increase from the previous year and accounting for 48.2% of total revenues.
Key highlights include a 44.7% increase in other revenue due to growing recurring monthly fees from DataTrac and SlotSuite services. The company paid three quarterly dividends of $0.01 per share and installed the CasinoTrac system in eight new locations. By the end of 2024, Table Trac's systems were operational in approximately 115 casino operators across over 300 casinos worldwide.
The company maintained strong earnings at $0.34 per share (diluted) and reported five projects in backlog, expected to be completed by Q2 2025.
Table Trac (TBTC) announced that its Chief Financial Officer, Randy Gilbert, has been elected to serve as a Director on the Association of Gaming Equipment Manufacturers (AGEM) Board of Directors. The appointment was made during AGEM's 2025 Annual Meeting on March 14, 2025.
Table Trac (OTCQX: TBTC) has announced a quarterly cash dividend of $0.02 per share on its common stock. The dividend was approved by the Board of Directors on February 28, 2025. Shareholders of record as of the close of business on March 14, 2025, will receive the dividend payment on March 28, 2025.
Table Trac (OTCQX: TBTC) announced the deployment of its comprehensive Loyalty, Bonusing, & Operations technology suite to Shoalwater Bay Casino. The implementation includes upgrading the slot network to CasinoTrac's PlayerLINQ™ network, featuring the SlotSUITE™ platform and SelfPAY™ system.
The enhancement aims to strengthen player engagement through automated marketing, reduced jackpot payout times, and improved play velocity. The casino will implement features allowing players to self-enroll in Players Club, receive benefits through kiosks, and access offers directly at gaming machines.
This expansion builds upon an existing eight-year partnership between the companies, focusing on enhancing customer experience while maintaining secure operations.
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.