Other OTC:TBTC
CasinoTrac™ & TransAct® Announce Industry First Floor-wide, Single-Wire Printing Solution
MINNETONKA, Minn., Dec. 19, 2023 (GLOBE NEWSWIRE) — Table Trac, Inc. (OTCQX: TBTC) announces it has completed a ‘First of its Kind’ integration project with TransAct Technologies (NASDAQ: TACT), to become the industry’s first CMS to provide a single-wire, On-Demand Printing solution, eliminating the hassle of redundant networking gear or infrastructure.
In this new environment, casino operators can deploy PromoTrac OnDemand™, with Epicentral®, thru CasinoTrac’s 6.2 CT VSMIB player tracking interface, with Epic Edge® and/or Epic 950® printers. In addition to and leveraging the cutting-edge features of the Epicentral platform, CasinoTrac SelfPay™ keeps your players playing, by handling accumulated credit payouts, jackpots and even taxable w2G events, in less than 60 seconds.
Chad Hoehne, President of Table Trac, Inc., explained, “CasinoTrac system owners know they can integrate with great features like TransAct’s Epicentral using their integration-friendly, API-driven CasinoTrac CMS. We were excited to work with TransAct’s great team to innovate the one wire solution, combining CasinoTrac’s powerful in-game hardware platform with TransAct’s Epicentral SE designer and print server to deliver high resolution graphic promotional coupons, pre-filled drawing entries, and more to the guest, right at their game.” Hoehne elaborated further, “This solution provides a ton of functionality and flexibility, is simple, lightweight to deploy and generates tremendous cost savings by eliminating additional in-game hardware and multiple networks!”
“We are proud to partner with CasinoTrac on the groundbreaking integration,” said John Dillon, Chief Executive Officer of TransAct. “The need for redundant networking within a casino’s operations in order to utilize Epicentral has long been a barrier for new customers, and I am happy to announce that this partnership solves that logistical challenge for CasinoTrac’s considerable install base. We believe this will open the door to additional white space for both our Epicentral and casino printer products across a number of markets and builds a strong connection between CasinoTrac and TransAct going forward.”
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. designs, develops and sells CasinoTrac CMS, a casino management system, and complementary operations, analytical software for gaming and hospitality operators. CasinoTrac is operational in 300 casinos across 13 countries including the United States, Central and South America, the Caribbean, and Australia. More information is available at https://www.CasinoTrac.com/.
About TransAct Technologies, Inc.
TransAct Technologies Incorporated is a global leader in developing software-driven technology and printing solutions for high-growth markets including food service, casino and gaming, and POS automation. The Company’s solutions are designed from the ground up based on customer requirements and are sold under the BOHA!®, AccuDate®, Epicentral®, Epic®, and Ithaca® brands. TransAct has sold over 3.3 million printers and terminals around the world and is committed to providing world-class service, spare parts, and accessories to support its installed product base. Through the TransAct Services Group, the Company also provides customers with a complete range of supplies and consumable items both online at transactsupplies.com and through its direct sales team.
Forward Looking Statements
This press release contains forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company’s filings with the Securities and Exchange Commission.
CONTACT: For Table Trac, Inc. Investor Relations Contact: Randy Gilbert [email protected] Media & Sales Contact: Jeff Baldi [email protected] For TransAct Technologies Investor Relations Contact: Ryan Gardella [email protected] Sales Contact: John Dillon, CEO [email protected]
MINNETONKA, Minn., May 10, 2024 (GLOBE NEWSWIRE) — Table Trac, Inc. (OTCQX: TBTC), a developer and provider of casino information and management systems that automate and monitor the operations of casinos, announced financial results for the three months ending March 31, 2024.
The 10-Q can be found @ http://www.sec.gov
First Quarter 2024 Highlights
- The Company installed two systems at new customer locations, expanded the services at an existing customer and our distributors expanded our systems in new and current locations during the quarter.
- The Company had two customer contracts in backlog as of March 31, 2024. The company anticipates that these contracts will be installed during the second quarter of 2024. As of the filing date of this report, the Company signed two new contracts and has expansion plans with an existing customer.
First Quarter 2024 Financial Results
Maintenance revenue for the quarter was $1.28M compared to $1.21M in 2023, an increase of approximately 6%.
Service and other revenue for the quarter was $435K compared to $280K in 2023, an increase of approximately 55%.
The following table provides a reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share for the three months ended March 31, 2024 and 2023:
| For the Three Months Ended | ||||||
| March 31, | ||||||
| 2024 | 2023 | |||||
| Basic and diluted earnings per share calculation: | ||||||
| Net income | $ | 11,661 | $ | 335,861 | ||
| Weighted average number of common shares outstanding – basic | 4,574,365 | 4,551,988 | ||||
| Basic net income per share | $ | 0.00 | $ | 0.07 | ||
| Weighted average number of common shares outstanding – diluted | 4,601,471 | 4,626,930 | ||||
| Diluted net income per share | $ | 0.00 | $ | 0.07 | ||
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. designs, develops and sells casino information and management systems. The company has systems installed in North, South, and Central America, as well as Australia and the Caribbean. More information is available at http://www.tabletrac.com/.
Forward Looking Statements
This press release contains forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company’s filings with the Securities and Exchange Commission.
For more information:
Randy Gilbert, CFO
Table Trac, Inc.
952-548-8877
LAS VEGAS, May 07, 2024 (GLOBE NEWSWIRE) — Table Trac, Inc., (OTCQX: TBTC) a unified platform for Casino Operations, Management, and Player Loyalty, announced today that its mobile application, KTMobile, has successfully completed field trail and is approved for use in Nevada, by the Nevada Gaming Control Board.
KTMobile is a suite of native mobile apps for Android and iOS devices that offers casino guests an easy-to-use interface to access their account information, view promotions and advertisements. These apps also allow guests access to loyalty features like those available at promotional kiosks.
KTMobile is also a virtual player’s card, which supports the transfer of credits between a guest’s account and an electronic gaming device. KTMobile is ideally deployed with PlayerLINQ™, CasinoTrac’s 6.2” touchscreen player tracking interface, bringing all the CTLoyalty™ functions for patron marketing, offers, promotions, and games right into the hands of you guests; however, is available for legacy CasinoTrac interfaces.
Chad Hoehne, President, and CEO said, “My favorite feature Is the virtual player card functions that allow the guest to ‘card-in’ to a machine, and control their points, free play, and other cashless wallet transfers to and from the game, by remote control!”
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. designs, develops, and sells casino management systems and software. CasinoTrac is operational in more than 300 casinos, 40 Native American tribes, across 13 countries, including the United States, Central and South America, the Caribbean, and Australia. More information is available at https://www.CasinoTrac.com/.
Forward Looking Statements
This press release contains forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company’s filings with the Securities and Exchange Commission.
CONTACT: Investor Relations contact: Randy Gilbert [email protected] 952-548-8877 Media/Sales contact: Jeff Baldi [email protected] 702-521-0317
MINNETONKA, Minn., April 16, 2024 (GLOBE NEWSWIRE) — Table Trac, Inc. (OTCQX: TBTC) announced a new agreement to replace a competitor’s system with the CasinoTrac™ casino management system, at Saddle West Hotel Casino & RV Resort, in Pahrump, NV.
Executive management at Saddle West expressed excitement about working with CasinoTrac, selecting the CMS because it, “seems like a perfect fit their operations. The a la carte features, security offered through the lightweight server footprint, solid warranties, upgrades, and lifetime licensing set CasinoTrac head and shoulders above the competition.”
Chad Hoehne, President of Table Trac, Inc., stated, “Thank you Saddle West, we are grateful for being recognized by such a reputable operator.” Hoehne continued, “This is a significant step in our expansion plans, adding an additional operator in southern Nevada. We look forward to a long, beneficial relationship.”
Saddle West Casino will deploy PlayerLINQ™-CasinoTrac’s 6.2” touchscreen player tracking interface, CTLoyalty™ for all patron marketing, promotions administration & management, and slot accounting solutions.
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. designs, develops, and sells casino management systems and software. CasinoTrac is operational in more than 300 casinos, 40 Native American tribes, across 13 countries, including the United States, Central and South America, the Caribbean, and Australia. More information is available at https://www.CasinoTrac.com/.
Forward Looking Statements
This press release contains forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company’s filings with the Securities and Exchange Commission.
CONTACT: Investor Relations contact: Randy Gilbert [email protected] 952-548-8877 Media/Sales contact: Jeff Baldi [email protected] 702-521-0317
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