Other OTC:TBTC

CasinoTrac to Launch Unified, End-to-End Cashless with Koin Payments, Marker Trax

Published

1 year ago

June 21, 2023

MINNETONKA, Minn., June 21, 2023 (GLOBE NEWSWIRE) — Table Trac, Inc. (OTCQX: TBTC), the developer and provider of CasinoTrac, a casino management system with more than 280 casino customers in 13 countries, today announced a new partnership with gaming fintech disruptors, Koin Payments and Marker Trax, to introduce its KTMobile app with an integrated cashless solution, for its customers.

The technology blend becomes ‘Cashless in a Box™,’ providing a feature rich, regulated digital wallet for all casino/resort spend activities, providing the casino operator with the ability to extend their branded guest experience, outside the casino and off property.

Chad Hoehne, President of Table Trac Inc, stated, “When we filed for our first patent on what has now become KT Mobile in 2018, I wanted to bring the entire player rewards experience from the game screen to the player’s phone. Embedding Koin & Marker Trax financial services functionality with the reliable and proven CasinoTrac CMS, is the realization of my original vision.”

In approved markets, Cashless in a Box not only packages the mobile, gaming, and financial technology but, also provides a launch plan with marketing, player education support making it easier for operators of all sizes to enjoy the benefits of cashless operations, with less headaches.

“Gaming customers want the functionality of being able to handle all their transactions from a single touchpoint, the same way it’s available in nearly every other facet of their lives,” said Koin President Gary Larkin. “Koin and Marker Trax have been at the forefront of bringing consumers the digital solutions they want in the gaming space, and we’re proud to work with partners like Table Trac who share that vision.”

European Gaming Congress 2024 (Warsaw, Poland)

“Cashless is no longer the industry’s future; it’s the present,” Marker Trax President Charlie Skinner added. “Companies like Table Trac are embracing this technology and all-in-one functionality for the ultimate benefit of their customers, and of the industry as a whole.”

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 the Caribbean. More information is available at http://www.tabletrac.com/.

About Marker Trax, LLC

Marker Trax is a cashless, digital alternative to a casino marker. The product is the first of its kind to offer regulatory-compliant casino marker technology that takes inefficiency out of issuing advances and provides casinos with the tools to manage their casino credit underwriting and repayments. Developed and patented by the company’s founder, Gary Ellis, in 2018, Marker Trax makes for a more efficient gaming experience for players. The Marker Trax system allows players to be scored and given access to their markers in minutes. For more information, visit markertrax.com.

About Koin Payments

Koin is transforming the payment solutions landscape with a seamless, secure, and economical way for patrons to fund gameplay and make retail purchases using their mobile devices. With the unique Koin network, casinos and resort operators can enjoy a fully integrated payment management solution for cage, table games, sportsbook, and retail transactions. Innovative payment methods, including bank ACH transfer, Venmo, direct deposit, and Marker Trax digital credit, significantly reduce merchant processing charges and cash-out activities while providing extended revenue opportunities both in and out of the resort. Koin is leading the way in transforming the gaming resort experience for the digital age. Learn more at koinpayments.com.

CONTACT: Randy Gilbert
Table Trac, Inc.
952-548-8877

Related Topics:Other OTC:TBTC US87336P1066

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Table Trac Appoints Andrew Berger to Board of Directors

Published

1 month ago

October 3, 2024

GlobeNewswire

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

Other OTC:TBTC

SlotSUITE Case Study Proves Revolutionary Results

Published

2 months ago

August 28, 2024

GlobeNewswire

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.

‍

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.

‍

‍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]

Other OTC:TBTC

Table Trac, Inc. Reports 2024 Second Quarter Earnings

Published

3 months ago

August 13, 2024

GlobeNewswire

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

For more information:
Randy Gilbert, CFO
Table Trac, Inc.
952-548-8877