Other OTC:TBTC
CasinoTrac to Launch Unified, End-to-End Cashless with Koin Payments, Marker Trax
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.”
“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
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., May 06, 2025 (GLOBE NEWSWIRE) — On May 5, 2025, The Board of Directors of Table Trac Inc. (the “Company”) (OTCQX: TBTC) approved a cash dividend on the Company’s common stock of $0.02 per share. The dividend is payable on June 13, 2025, to shareholders of record at the close of business on May 30, 2025.
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.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
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
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