Other OTC:TBTC
Four Jacks Hotel and Casino selects CasinoTrac™ CMS
MINNETONKA, Minn., Sept. 14, 2023 (GLOBE NEWSWIRE) — Table Trac, Inc. (OTCQX: TBTC) today announced Four Jacks Hotel & Casino has selected CasinoTrac™ to replace a competitor’s system. The full featured casino management system will be deployed to introduce a new loyalty program, with all promotional capabilities.
Chad Hoehne, President of Table Trac, Inc., said, “We have been working hard to provide CasinoTrac’s value and reliability to our system clients in northern Nevada since 2016; it’s always exciting to add another partner. We are grateful for the opportunity to earn their business.” Hoehne continued, “The Four Jacks team is strong, a knowledgeable operating group – we appreciate their confidence in CasinoTrac and our team.”
Derrick Jack, owner and operator of Four Jacks Hotel and Casino stated, “We are excited to work with CasinoTrac. Launching our first players club will provide additional benefits and a new level of service to our loyal players.”
Four Jacks will be installing CasinoTrac’s CMS, an end-to-end, unified operations and marketing platform to not only consolidate accounting and TITO into a single wire, but also to introduce a first of its kind loyalty program for the property. The CasinoTrac tech stack will drive revenues and profit, through efficient processes and enhancing the Four Jacks brand with their customers.
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. designs, develops and sells casino management systems. CasinoTrac is operational in 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: For more information: Randy Gilbert Table Trac, Inc. 952-548-8877
MINNETONKA, Minn., Oct. 03, 2024 (GLOBE NEWSWIRE) — On October 3, 2024, The Board of Directors of Table Trac Inc. (the “Company”) (OTCQX: TBTC) the producer of CasinoTrac, a Secure, Unified and Stable Casino Management system, approved the addition of Andrew T. Berger to its Board of Directors.
“We are very pleased and excited to have Andrew join our Board of Directors” commented Chad Hoehne, President and CEO of Table Trac, Inc.
Mr. Berger has served as a director of Autoscope Technologies Corporation (and/or its predecessor subsidiary Image Sensing Systems Inc.) since October 2015 and as its Executive Chair since June 2016. He was also its CEO from April 2021 to November 2022. Mr. Berger was appointed Chief Executive Officer of Tuesday Morning Corporation, an off-price retailer of home goods and décor from November 2022 through May 2023, where he assisted in the sale of its assets to Hilco. In 2024, Mr. Berger acquired the IP of Tuesday Morning and relaunched its digital operations. Mr. Berger is currently the Managing Member of AB Value Management LLC, which serves as the General Partner of AB Value Partners, LP., an investment partnership. In addition, Mr. Berger provides business consultancy services through Walker’s Manual, Inc., served as an equity analyst for Value Line, Inc., was the Chief Executive Officer of Cosi, a fast-causal restaurant chain, and served on the board of directors of Rocky Mountain Chocolate Factory, Inc., an international franchisor and confectionery manufacturer.
“I look forward to the opportunity to be a member of the Table Trac Board. I believe it is a great time to join the Table Trac team, and I am excited to contribute to the expansion and growth of their business,” commented Mr. Berger.
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. designs, develops and sells casino management systems and software. CasinoTrac CMS is operational in more than 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/.
CONTACT: For more information: Randy Gilbert Table Trac, Inc. 952-548-8877
MINNETONKA, Minn., Aug. 28, 2024 (GLOBE NEWSWIRE) — Table Trac, Inc. (OTCQX: TBTC) today announced they have published a case study outlining tremendous results brought about by their strategic partnership with TransAct Technologies.
The solution, SlotSUITE, a purpose-built software solution, unleashes the Unified flexibility of CasinoTrac CMS and the dynamic marketing capabilities of the Epicentral SE promotional and bonusing suite, operating on the CasinoTrac’s PlayerLINQ network – without additional infrastructure and often with existing peripheral equipment.
The Case Study explains customer-requested features to address VIP players avoiding promotions because of arduous manual tasks, required for participation. Throughout the six-month period, nearly one million dynamic entries were printed and the ancillary metrics surged; noteworthy expansion of rated play, win per unit, and coin-in are detailed in the report.
The full detail is available for download at https://casinotrac.com/events/slotsuite.
About Table Trac, Inc.
Founded in 1995, Table Trac, Inc. designs, develops and sells casino management systems and software. CasinoTrac CMS is operational in more than 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 TransAct Technologies Incorporated
TransAct Technologies Incorporated is a global leader in developing and selling 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 3.9 million printers, terminals and other hardware devices 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 http://www.transactsupplies.com and through its direct sales team. TransAct is headquartered in Hamden, CT. For more information, please visit http://www.transact-tech.com or call (203)859-6800.
©2024 TRANSACT Technologies Incorporated. All rights reserved. TransAct®, BOHA!®, AccuDate®, Epic Edge®, EPICENTRAL® and Ithaca® are trademarks of TransAct Technologies Incorporated.
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 more information: Table Trac, Inc.: Investor Relations contact: Randy Gilbert [email protected] 952-548-8877 Media/Sales contact: Jeff Baldi [email protected] 702-521-0317 TransAct Technologies, Inc: Investor Relations Contact: Ryan Gardella [email protected] Sales Contact: John Dillon, CEO [email protected]
MINNETONKA, Minn., Aug. 13, 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 and six months ending June 30, 2024.
The 10-Q can be found @ http://www.sec.gov
Second Quarter 2024 Highlights
- The Company installed two systems, our distributors expanded our system in new and current locations during the quarter.
- The Company has four customer contracts in backlog as of June 30, 2024. The company anticipates that the majority of these contracts will be installed in the next two quarters. As of the filing date of this report, the Company has signed one new contract.
Financial Results
System revenue for the quarter was $2M compared to $907K in 2023, an increase of approximately 125%.
Net income for the quarter was $806,570 compared to $571,380 in 2023.
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 June 30, 2024 and 2023:
| For the Three Months Ended | ||||||||
| June 30, | ||||||||
| 2024 | 2023 | |||||||
| Basic and diluted earnings per share calculation: | ||||||||
| Net income | $ | 806,570 | $ | 571,380 | ||||
| Weighted average number of common shares outstanding – basic | 4,574,365 | 4,552,450 | ||||||
| Basic net income per share | $ | 0.18 | $ | 0.13 | ||||
| Weighted average number of common shares outstanding – diluted | 4,627,039 | 4,617,648 | ||||||
| Diluted net income per share | $ | 0.17 | $ | 0.12 | ||||
The following table provides a reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share for the six months ended June 30, 2024 and 2023:
| For the Six Months Ended | ||||||||
| June 30, | ||||||||
| 2024 | 2023 | |||||||
| Basic and diluted earnings per share calculation: | ||||||||
| Net income to common stockholders | $ | 818,231 | $ | 907,241 | ||||
| Weighted average number of common shares outstanding – basic | 4,574,365 | 4,552,220 | ||||||
| Basic net income per share | $ | 0.18 | $ | 0.20 | ||||
| Weighted average number of common shares outstanding – diluted | 4,615,661 | 4,624,436 | ||||||
| Diluted net income per share | $ | 0.18 | $ | 0.20 | ||||
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
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