Other OTC:TBTC
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., 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]
MINNETONKA, Minn., March 18, 2025 (GLOBE NEWSWIRE) — The Association of Gaming Equipment Manufacturers (AGEM) announced on March 14, 2025 that its membership elected a new Board of Directors at its 2025 Annual Meeting. Table Trac’s CFO, Randy Gilbert has been appointed as a Director.
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. More information is available at https://www.CasinoTrac.com/.
About AGEM
AGEM is a non-profit international technology trade association representing manufacturers and suppliers of electronic gaming devices, lotteries, systems, iGaming / online, game content, table games, sports betting, key components and support products and services for the gaming industry. AGEM works to further the interests of gaming equipment suppliers throughout the world. Through political action, regulatory influence, trade show partnerships, educational alliances, information dissemination and good corporate citizenship, the members of AGEM work together to create benefits for every company within the organization. Together, AGEM assists regulatory agencies and participates in the legislative process to solve problems and create a business environment where AGEM members can prosper while providing a strong level of support to education and responsible gaming initiatives. For more information, visit www.AGEM.org.
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
MINNETONKA, Minn., Feb. 28, 2025 (GLOBE NEWSWIRE) — On February 28,2025 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 March 28, 2025 to shareholders of record at the close of business on March 14, 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 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. 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.
For more information:
Randy Gilbert
Table Trac, Inc.
952-548-8877
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