Table Trac Inc Stock Price, News & Analysis

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.

Table Trac, Inc. (OTCQX: TBTC) has signed a contract to implement its CasinoTrac management system at the Jail House Motel and Casino in Ely, Nevada. This casino features a variety of games including slots and video poker, as well as 60 guest rooms and a fine dining restaurant, the Cellblock Steak House. Both Table Trac and the casino's management express excitement over the potential for enhanced customer loyalty and growth through the new system. Table Trac operates in 13 countries, showcasing its experience in casino management solutions.

Table Trac, Inc. (OTCQX: TBTC) has received a gaming license from the Wisconsin Division of Gaming, enabling the installation of its gaming management system in Wisconsin casinos. This marks the seventh state license granted to Table Trac, joining previous approvals from states like Colorado and Nevada. The company, established in 1995, provides casino information and management systems, currently serving over 90 operators across more than 150 sites in North, South, and Central America, including the Caribbean.

Table Trac, Inc. (OTCQX: TBTC) has entered an agreement to implement its CasinoTrac management system at The Greenbrier, a historic luxury resort in West Virginia. This partnership highlights CasinoTrac's reputation as a top choice among renowned casino destinations. The Vice President of Casino Operations at The Greenbrier emphasized the system's quality and alignment with their standards. Table Trac has been in the casino management business since 1995, providing solutions across 13 countries. The press release also includes a forward-looking statement disclaimer regarding potential risks.