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) delivers cutting-edge casino management solutions through its CasinoTrac CMS platform, serving gaming operators worldwide since 1995. This news hub provides investors and industry professionals with essential resource for tracking operational developments, regulatory compliance updates, and strategic initiatives in the gaming technology sector.
Access timely updates on product enhancements, partnership announcements, and system implementations across tribal and commercial casino environments. Our curated collection features press releases covering earnings reports, technology certifications, and customer success stories from Table Trac's global installations.
Key news categories include software innovations in player tracking systems, compliance updates for gaming regulations, and operational expansions within the casino management market. Stay informed about developments in real-time table monitoring, promotional kiosk integrations, and security enhancements that maintain Table Trac's industry leadership.
Bookmark this page for centralized access to verified updates about TBTC's solutions that optimize casino operations through automated accounting, loyalty program management, and audit-ready reporting systems. Regularly updated to reflect the company's ongoing commitment to secure, scalable gaming technology solutions.
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.
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.
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.
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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