Other OTC:TBTC
WinnaVegas & CasinoTrac™ announce Strategic Upgrades and Launch Latest Tech
MINNETONKA, Minn., Aug. 13, 2024 (GLOBE NEWSWIRE) — Table Trac, Inc. (OTCQX: TBTC) announced a major project coordinating system upgrades, new promotional kiosks, and mobile technology to consolidate disparate systems and launch cashless wagering with the Winnebago Tribe of Nebraska at WinnaVegas Casino Resort, in Sloan, IA.
“This is an exciting time for our guests and associates as we make another significant investment in the guest experience at WinnaVegas Casino Resort.” “We look forward to introducing these innovations to our guests and our continued development of the property. We continue to focus on exceeding our guest’s expectations, and we will continue to integrate the casino resort concept into the future growth plans of WinnaVegas,” said Vice President and General Manager, Tom Teesdale.
Chad Hoehne, President of Table Trac, Inc., stated, “WinnaVegas has long been an outstanding partner, and today, that relationship took a great step forward, with the launch of our latest technology, complementing substantial property upgrades and the addition of our fintech partner, Koin. “Hoehne added, “These projects are monumental for all parties. CasinoTrac is honored to be in the middle of it all.”
Gary Larkin, President of Koin, stated, “Partnering with WinnaVegas Casino Resort and CasinoTrac to roll out our integrated digital solutions marks a major advancement in the gaming experience. At Koin, we aim to deliver solutions that enhance customer experiences and streamline operations for our partners. We are thrilled to support WinnaVegas in their dedication to prioritize customer experience and to continue our mission to drive the digital ecosystem forward. “
WinnaVegas will deploy multiple new KioskTrac™ Loyalty Kiosks and KTMobile™, CasinoTrac’s native mobile application with fully integrated cashless wagering functionality enabled by Koin. Additionally, CasinoTrac’s interactive, intuitive Data Analytics Suite, DataTrac™, will be deployed to monitor and anticipate performance metrics.
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. designs, develops and sells software and casino management systems for casino gaming operators. CasinoTrac is operational in over 300 casinos and 41 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/.
About WinnaVegas Casino Resort
Since its opening in April 1992, WinnaVegas Casino Resort has evolved as an area leader in the hospitality industry and continues to be a significant contributor to the local economy. WinnaVegas Casino Resort is owned and operated by the Winnebago Tribe of Nebraska and is in its 32nd year of operation. WinnaVegas has grown over the years to become the largest gaming floor in the area with a total gaming space of 55,000 square feet with 12 table games and nearly 800 slot machines – the most in Siouxland! The resort features 78 well-appointed hotel rooms, an indoor pool, an indoor golf simulator experience, multiple dining options, a spacious event center, and multiple meeting rooms.
About Koin
Koin is a gaming resort solution that utilizes dynamic, fully integrated financial wallet features to offer customers access to their funds anywhere, anytime. Developed by company founder Gary Ellis in 2021, Koin provides a robust roster of digital funding options, including bank ACH transfer, debit cards, real-time payments, international transfers, and Marker Trax digital credit. It offers resort operators a fully integrated cage, table games, and retail management system. With casino and resort payment systems reducing merchant processing charges for all casino and resort retail payments and cash-out activities, and functionality making it easier for customers to access and utilize their funds, Koin is reimagining the gaming resort experience for the digital age. For more information, visit koinpayments.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 13, 2025 (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, 2025.
The 10-Q can be found @ http://www.sec.gov
First Quarter 2025 Highlights
- The Company installed five systems at new customer locations and expanded the services at three of our existing customers.
- The Company had two customers with system contracts in backlog as of March 31, 2025. The company anticipates that all of these contracts will be installed during the second quarter of 2025. As of the filing date of this report, the Company signed two new contracts.
First Quarter 2025 Financial Results
- System revenue increased from $305k in 2024 to approximately $1.56M in 2025.
- Maintenance revenues increased from $1.3M in 2024 to approximately $1.5M in 2025.
- Other income increased 6.7% qtr. vs qtr.
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, 2025 and 2024:
| For the Three Months Ended | ||||||
| March 31, | ||||||
| 2025 | 2024 | |||||
| Basic and diluted earnings per share calculation: | ||||||
| Net income | $ | 782,239 | $ | 11,661 | ||
| Weighted average number of common shares outstanding – basic | 4,576,669 | 4,574,365 | ||||
| Basic net income per share | $ | 0.17 | $ | 0.00 | ||
| Weighted average number of common shares outstanding – diluted | 4,652,073 | 4,601,471 | ||||
| Diluted net income per share | $ | 0.17 | $ | 0.00 | ||
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. develops, sells and leases information and management systems and provides technical support to casinos. The open architecture of CasinoTrac is designed to provide operators with a secure, scalable, and flexible system that interconnects and operates with most third-party software and hardware. Key products and services include modules that drive player tracking programs, kiosk promotions, and provide vault and cage controls. The Company’s systems are designed to meet strict auditing, accounting and regulatory requirements applicable to the gaming industry.
Additionally, the Company has developed a patented, real-time system that automates and monitors the operations of casino gaming tables.
The Company’s suite of management systems and kiosks are installed with on-going support and maintenance contracts in over 115 casino operators in over 300 casinos worldwide. The Company continues to increase its market share by expanding its product offerings to include new system features, and ancillary products. More information is available at http://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.
For more information:
Randy Gilbert, CFO
Table Trac, Inc.
952-548-8877
MINNETONKA, MINN., March 26, 2025 (GLOBE NEWSWIRE) — Table Trac, Inc. (OTCQX: TBTC), doing business as CasinoTrac, a global Casino Management System manufacturer, today announced it had entered a strategic partnership with InfiGifts, the leading provider of gifting technology to the gaming industry, to deliver integrated gifting solutions to more than 300 CasinoTrac customers around the world. The integration work was rapidly completed and is available for installation as early as April 2025.
“We are thrilled to partner with CasinoTrac to bring our innovative gifting platform to more gaming operators,” said Azam Husain, CEO of InfiGifts. “This collaboration enables casinos to modernize their promotional programs with a seamless, cost-effective solution that delivers value to both players and operators.”
“This project represents one more tool for our customers to leverage in the daily battles they face in the hyper-competitive, sophisticated markets in which they operate,” said Chad Hoehne, President & CEO of CasinoTrac. “The integration with InfiGifts is an elegant example of our founding principles: our software is designed to support our customer practices, not dictate procedure.”
Whether a player uses the InfiGifts platform via a CasinoTrac kiosk or the KTMobile application, the integration facilitates a range of promotional strategies, including monthly gifting, points shopping, and VIP gifting. By removing common operational inefficiencies, InfiGifts enables casinos to streamline their gifting processes, resulting in significant cost savings. Players benefit from a smoother experience by choosing personalized gift rewards linked to their player value, free from the hassle of long lines or out-of-stock issues.
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. develops, sells and leases information and management systems and provides technical support to casinos. The open architecture of CasinoTrac is designed to provide operators with a secure, scalable and flexible system that interconnects and operates with most third-party software and hardware. Key products and services include modules that drive player tracking programs, kiosk promotions and vault and cage controls. The Company’s systems are designed to meet strict auditing, accounting and regulatory requirements applicable to the gaming industry. Additionally, the Company has developed a patented, real-time system that automates and monitors the operations of casino gaming tables.
The Company’s suite of management systems and kiosks are installed with ongoing support and maintenance contracts with 115 casino owner-operators in 300 casinos worldwide. The Company continues to increase its market share by expanding its product offerings to include new system features and ancillary products. 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.
Media/Sales contact:
Jeff Baldi
[email protected]
702-521-0317
Investor Relations contact:
Randy Gilbert
[email protected]
952-548-8877
MINNETONKA, Minn., March 19, 2025 (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 year ended December 31, 2024.
The 10-K can be found @ http://www.sec.gov
2024 Highlights
Record Gross Revenue
Record maintenance revenue of $5.37 Million, an approximate 8% increase over the prior year.
Maintenance revenue accounted for 48.2% of total revenues.
Other revenue increased 44.7% as a result of an increase in recurring monthly fees relating to DataTrac and SlotSuite.
Table Trac declared and paid three quarterly dividends of $0.01/share.
The CasinoTrac system was installed in eight locations during 2024. At the end of 2024, Table Trac had casino management systems, table games management systems and ancillary products installed with approximately 115 casino operators in over 300 casinos worldwide.
Earnings per share remained strong at $0.34/share – diluted.
Management Commentary
Table Trac, Inc CFO Randy Gilbert commented: 2024 was another strong year for Table Trac. The company ended the year having installed eight new systems and had five projects in our backlog. We expect most of the backlogged projects to be installed by the end of Q2 2025. Our maintenance revenue continues to increase. One of the most significant developments was the increase in recurring fees related to DataTrac and SlotSuite.
Table Trac Inc. continues to add product offerings while expanding our customer base. The result is building contemporary ways we can sustain and deliver shareholder value and per share earnings.”, said Chad Hoehne, President & CEO
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. develops, sells and leases information and management systems and provides technical support to casinos. The open architecture of CasinoTrac is designed to provide operators with a secure, scalable, and flexible system that interconnects and operates with most third-party software and hardware. Key products and services include modules that drive player tracking programs, kiosk promotions, and provide vault and cage controls. The Company’s systems are designed to meet strict auditing, accounting and regulatory requirements applicable to the gaming industry. Additionally, the Company has developed a patented, real-time system that automates and monitors the operations of casino gaming tables.
The Company’s suite of management systems and kiosks are installed with on-going support and maintenance contracts in over 115 casino operators in over 300 casinos worldwide. The Company continues to increase its market share by expanding its product offerings to include new system features, and ancillary products. More information is available at http://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.
For more information:
Randy Gilbert
Chief Financial Officer
Table Trac, Inc.
952-548-8877 or [email protected]
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