Table Trac Inc Stock Price, News & Analysis

Table Trac, Inc. (OTCQX: TBTC) will participate in the Global Gaming Expo (G2E) in Las Vegas from Oct 4-7, 2021. The company is recognized as a finalist for the Global Gaming Awards for Land-based Supplier of the Year and Product of the Year for its KioskTrac Player Rewards Kiosk and Mobile Application. These innovations enhance player satisfaction through seamless cashless transactions and mobile rewards. Table Trac will showcase its products at booth #1636 during the expo.

Table Trac, Inc. (OTCQX: TBTC) reported its second quarter 2021 financial results, showcasing a net income of $153,635, an increase from $99,594 in Q2 2020. The company implemented systems at new locations and expanded existing ones, totaling 30 new installations. Furthermore, it has 12 new customer contracts in backlog scheduled for delivery in Q3 2021. The basic net income per share rose to $0.03 compared to $0.02 in the previous year.

Table Trac, Inc. (OTCQX: TBTC) announced plans to install its CasinoTrac casino management system in six locations operated by Jim Marsh Enterprise, including notable sites like The Banc Club and Tonopah Station. This roll-out aims to enhance operational efficiency and player engagement through advanced technology.

CasinoTrac, established for historical venues since 2010, will offer improved player rewards and back-office analytics tailored for Nevada's unique casino environment.

Table Trac, Inc. (OTCQX: TBTC) has secured a contract with Comanche Nation Entertainment to implement its CasinoTrac casino management system at the upcoming War Pony Resort & Casino in Devol, Oklahoma. The casino, part of a series of expansions by Comanche Nation, aims to enhance the player experience with innovative technology, especially in response to COVID protocols, ensuring social distancing measures. This partnership highlights Table Trac's adaptability and commitment to improving casino management solutions across its operating locations in 13 countries.

Table Trac, Inc. (OTCQX: TBTC) reported significant growth in its first-quarter financial results for 2021, with income before taxes increasing to $828,507, compared to $18,806 in 2020. Ongoing maintenance revenue rose by 10%, reaching $783,920. EBITDA surged to approximately $836,000 from $32,700 in the previous year. The company also installed three new CasinoTrac systems, while its Australian reseller expanded installations across 57 locations, revealing strong demand and a backlog of nine system installations.

Table Trac, Inc. (OTCQX: TBTC) has secured a contract with Best Bet Products, Inc. to implement the CasinoTrac management system at Stage Stop Casino and the Grill Room in Pahrump, Nevada. This strategic installation aims to enhance slot accounting and customer loyalty through an integrated Player's Club, fostering growth in both existing and future gaming projects. Table Trac's President expressed confidence that its solutions will aid Best Bet Products in achieving its business goals.

Table Trac, Inc. (OTCQX: TBTC) announced its year-end financial results for 2020, revealing a decrease in revenues to $4,401,441 from $7,908,461 in 2019 due to the COVID-19 pandemic. The net income also declined to $306,893 from $805,265. Despite these downturns, the company installed its CasinoTrac system at 10 new locations, bringing total installations to 110 operators in over 170 casinos globally. Table Trac was granted a patent for a new system facilitating touchless monetary management, reflecting innovation amid the pandemic.

Table Trac, Inc. (OTCQX: TBTC) has been awarded a patent for its innovative touchless monetary management system for gaming machines. This mobile application allows players to manage their casino funds without physical interaction, effectively addressing safety concerns raised during the COVID-19 pandemic. The patent enhances promotional functionalities, enabling operators to add promotional credits to games. CEO Chad Hoehne emphasized the significance of this technology for ensuring safe gaming experiences as the company continues to evolve its offerings in the casino management sector.

Table Trac, Inc. (OTCQX: TBTC) announces its installation of the CasinoTrac management system at the historic Carson Nugget casino in Carson City, Nevada. This upgrade replaces the old casino management system, enhancing operational efficiency. The Carson Nugget, which opened in 1954, features a remodeled slot floor and modern amenities, making it a key player in downtown Carson City. CEO Chad Hoehne expressed pride in contributing to the vibrancy of this landmark casino, while CEO Dean DiLullo highlighted their satisfaction with the CasinoTrac system.