Other OTC:TBTC
Taos Mountain selects CasinoTrac™ CMS
MINNETONKA, Minn., March 12, 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 Taos Mountain Casino, in Taos, New Mexico. Taos Mountain casino will be the company’s first installation in New Mexico.
“Our Team at Taos Mountain Casino is very excited to work with the team at CasinoTrac. We were looking for a company that still believes in customer service. We believe we have found that with Casino Trac and their team. We look forward to building that relationship and all that they offer,” stated Ms. Jennifer Welty, General Manager, Taos Mountain Casino.
Chad Hoehne, President of Table Trac, Inc., stated, “We are excited and honored to be chosen by Jen and her team at Taos Mountain Casino.” Hoehne continued, “We are confident CasinoTrac’s highly secure, unified, and stable platform will help drive profits and top-notch player experience, the experiences players have come to expect, playing at the ‘Home of the Winning Smile.’”
Taos Mountain will install PlayerLINQ™-CasinoTrac’s 6.2” touchscreen player tracking interface, CTLoyalty™ and slot accounting solutions, along with DataTrac™, the company’s proprietary business intelligence and analytics platform.
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, 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., 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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