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Table Trac, Inc. Announces Multi-Year Tribal Education Scholarship for UNLV Harrah College of Hospitality
MINNETONKA, Minn., Jan. 15, 2025 (GLOBE NEWSWIRE) — Table Trac, Inc. (OTCQX: TBTC) a leading provider of casino management systems, is proud to announce a multi-year financial commitment to the William F. Harrah College of Hospitality at UNLV. This generous contribution is part of Table Trac’s ongoing commitment to fostering opportunity and development for under-served Native American communities.
Table Trac’s Tribal Education Scholarship will support students pursuing a hospitality management degree at the Harrah College of Hospitality. Students’ eligibility will be determined by their financial need and involvement in courses and programming related to the college’s Tribal Education Initiative, which is funded by the San Manuel Band of Mission Indians. The scholarship aims to help expand opportunities for Native Americans in the gaming and hospitality sectors in alignment with the central mission of the Tribal Education Initiative.
“We are thrilled to support the next generation of gaming & hospitality leaders,” said Chad Hoehne, President and CEO at Table Trac, Inc. “By providing these scholarships, we aim to empower students from diverse backgrounds to achieve their educational and professional goals.”
“Table Trac’s commitment to our Tribal Gaming Initiative and our students is truly humbling,” said David Cárdenas, dean of the Harrah College of Hospitality. “This gift helps us support and preserve the investments of Tribes in their gaming enterprises while creating economic opportunities for their next generation of leaders.”
The scholarship is open to all UNLV Hospitality College students in good academic standing and can be used for tuition, laptops, books, and application fees. The funds will be distributed as early as the spring 2025 semester.
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/.
About the UNLV Harrah College of Hospitality
The UNLV Harrah College of Hospitality is consistently ranked as one of the top hospitality programs in the world (#1 in the nation and #4 globally by QS Top Universities by Subject 2024). Studying just blocks away from the heart of the hospitality industry—the Las Vegas Strip, Hospitality College students enjoy unparalleled access to hands-on, industry-relevant professional experience. Over 150 major hospitality brands visit campus each year to serve as subject matter experts, mentors, and recruiters, providing career pathways for students through internships, management training programs, and direct hiring. For more information, visit http://www.unlv.edu/hospitality.
About the UNLV Foundation
Founded in 1981, the UNLV Foundation’s primary goal is to support UNLV as an institution committed to cutting-edge research, diversity, equity, inclusion and belonging, and academic success. The mission of the UNLV Foundation is to increase philanthropic support for the University, grow its endowment for long-term financial stability, and enhance the future growth of UNLV. For more information about the UNLV Foundation, please visit www.unlv.edu/philanthropy.
CONTACT: Media contact: Jeff Baldi [email protected] 702-521-0317 Investor Relations contact: Randy Gilbert [email protected] 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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