Table Trac Receives License in West Virginia

Table Trac, Inc. (OTCQX: TBTC) has received a gaming management system license from the West Virginia Lottery Commission, allowing installation in West Virginia casinos.

Rhea-AI Summary

Table Trac, Inc. (OTCQX: TBTC) has received a gaming management system license from the West Virginia Lottery Commission, allowing installation in West Virginia casinos. This marks the sixth commercial state gaming license granted to Table Trac, which already operates in Colorado, Iowa, Maryland, Nevada, and South Dakota. President Chad Hoehne expressed satisfaction with the approval, indicating readiness to serve the West Virginia gaming market with necessary products and support.

Positive

• Secured a gaming management license in West Virginia, expanding market presence.
• Now holds licenses in six commercial states, indicating growth and stability in operations.

Negative

• None.

Argus Publication session

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News Market Reaction – TBTC

In the trading session that priced this news, TBTC gained 15.51%, reflecting a significant positive market reaction.

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MINNETONKA, Minn., Jan. 31, 2022 /PRNewswire/ -- Table Trac, Inc. (OTCQX: TBTC) announces that it has been granted a license by the West Virginia Lottery Commission.  This license approval will permit Table Trac to install its gaming management system in West Virginia casinos. 

Table Trac President, Chad Hoehne, stated, "The Company is pleased to receive its licensed status with the West Virginia Lottery Commission.  We continue our expansion and well positioned to service the West Virginia gaming market with products and support that site operator's need".

West Virginia is the sixth commercial state gaming license granted to Table Trac Inc., joining Colorado, Iowa, Maryland, Nevada and South Dakota.

About Table Trac, Inc.

Founded in 1995, Table Trac, Inc. designs, develops and sells casino information and management systems. The company has systems installed with over 90 operators, representing more than 150 sites, in North, South, and Central America, as well as the Caribbean.  More information is available at http://www.tabletrac.com/.

For more information:
Robert Siqveland
Table Trac, Inc.
952-548-8877

View original content:https://www.prnewswire.com/news-releases/table-trac-receives-license-in-west-virginia-301471704.html

SOURCE Table Trac, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the significance of Table Trac receiving the West Virginia license?

The license allows Table Trac to install its gaming management system in West Virginia casinos, enhancing its market presence.

How many states has Table Trac received gaming licenses in?

Table Trac has received licenses in six states: Colorado, Iowa, Maryland, Nevada, South Dakota, and West Virginia.

What is Table Trac's stock symbol?

Table Trac's stock symbol is TBTC.

When was the West Virginia gaming license announced?

The announcement regarding the West Virginia gaming license was made on January 31, 2022.

Who is the President of Table Trac?

Chad Hoehne is the President of Table Trac.