Latin America
Table Trac, Inc. Announces Year End Results for 2019
Table Trac, Inc., announced financial results for the year ended December 31, 2019.
Year End Highlights
- The CasinoTrac system was installed in 27 locations during 2019. At the end of 2019, the Company had casino management systems, table games management systems and ancillary products installed with on-going support and maintenance contracts with 100 casino operators in over 160 casinos worldwide.
- During 2019, the Company delivered product with a value of approximately $4,460,000 on new contracts at the respective contract dates. Approximately $2,500,000 of the revenue for these system sales will be recognized in future periods. As a result, those contracts, along with the related maintenance, are expected to add approximately $97,000 each month to the existing recurring revenue.
- The company signed an exclusivity contract with the Japanese company, BroadBand Security Inc., in Tokyo, to rebrand, adapt and market their casino management system (CMS) to the developing Japanese gaming market.
Year-to-Date Financial Results
Revenues from service and other sales increased from $229,704 in 2018 to $1,415,947 in 2019.
Ongoing maintenance revenue increased from $2,635,122 in 2018 to $2,829,740 in 2019, a 7% increase of approximately $195k, due to high customer retention along with new accounts added during 2019.
Total operating expenses increased from $4,611,097 in 2018 to $4,853,767 in 2019 a 4.7% increase of approximately $219k. This increase was primarily a result of the Company’s increased sales and marketing efforts
The net income for 2019 was $805,998 compared to net income of $514,965 for 2018.
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/.
SOURCE Table Trac, Inc.
ANJL
ANJL participa en el CGS Brasília y refuerza la regulación en Brasil
Evento reúne a expertos y autoridades para debatir el futuro del iGaming en Brasil
El asesor jurídico de la Asociación Nacional de Juegos y Loterías, Bernardo Freire, representa a la entidad en el CGS Brasília.
CGS Brasília es uno de los principales encuentros de la industria de iGaming y apuestas en Brasil, que reúne a expertos y autoridades para discutir los caminos de la regulación y la innovación en el sector.
Este evento se celebra en Brasília los días 5 y 6 de mayo. Bernardo Freire participa en los paneles “Publicidad: ¿problema o herramienta de protección?”.
Este panel aborda los límites y el potencial de la publicidad como instrumento para diferenciar el mercado legal del ilegal, incorporando experiencias internacionales.
Otro tema – “Mercados de predicción en Brasil: innovación, regulación y el futuro de las apuestas basadas en información”, analiza la innovación, la inteligencia de datos y el papel de la tecnología y la inteligencia artificial en la integridad de estos mercados.
Las discusiones también cuentan con la participación de Fabio Macorin, secretario adjunto de la Secretaría de Premios y Apuestas, y Hugo Leite, Business & Government Relations Executive en GLI.
La agenda del evento también incluye debates sobre los impactos económicos en el mercado regulado, la seguridad jurídica y el futuro del gaming en Brasil.
Esta participación refuerza el compromiso de la asociación de contribuir activamente a un entorno regulatorio transparente e innovador, capaz de proteger a los consumidores y fomentar el desarrollo sostenible del sector.
ANJL
Fundada en marzo de 2023, la Asociación Nacional de Juegos y Loterías defiende los intereses de sus asociados, del sector y del juego responsable e íntegro, promoviendo el deporte, la seguridad en las apuestas y el desarrollo económico del país.
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ANJL
ANJL takes part in CGS Brasília and reinforces the importance of regulation in Brazil
National Association of Games and Lotteries (ANJL) takes part in CGS Brasília and reinforces the importance of regulation and innovation in the sector.
The event brings together experts and authorities to discuss the future of iGaming in Brazil.
The legal advisor of the National Association of Games and Lotteries, Bernardo Freire, is representing the association at CGS Brasília, one of the leading iGaming and betting industry events in Brazil
The gathers experts and authorities to discuss the future of regulation and innovation in the sector.
The event takes place in Brasília on May 5 and 6. Bernardo Freire is participating in the panels “Advertising: problem or protection tool?”,.
The panel explores the limits and potential of advertising as a means of distinguishing the legal market from the illegal one, bringing international perspectives.
The other panel “Prediction Markets in Brazil: innovation, regulation and the future of information-based betting”, will discusses innovation, data intelligence and the role of technology and artificial intelligence in ensuring the integrity of prediction markets.
The panels also featured participation from Fabio Macorin, deputy secretary of the Secretariat of Prizes and Betting, and Hugo Leite, Business & Government Relations Executive at GLI.
The event agenda also includes discussions on the economic impacts on the regulated market, legal certainty and the future of gaming in Brazil.
The participation reinforces the association’s commitment to actively contributing to a transparent and innovative regulatory environment capable of protecting consumers and fostering the sustainable development of the sector.
The ANJL
Founded in March 2023, the National Association of Games and Lotteries advocates for the interests of its members, the industry and responsible and fair gaming, always guided by the promotion of sports, betting security and contributions to the country’s economic development.
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bet365
Evoplay strengthens Brazil footprint with bet365 deal
Evoplay, the award-winning game development studio, has strengthen its presence in Brazil through a new partnership with leading global operator bet365, marking another step in its growth across regulated Latin American markets.
The agreement sees a selection of top-performing Evoplay titles integrated onto bet365’s Brazilian platform, initially starting with standout releases such as Hot Triple Sevens and Temple of Thunder II Bonus Buy.
The partnership enables Evoplay to bring its diverse portfolio of high-performance content to one of the most promising emerging regulated markets, at a time when Brazil’s evolving landscape continues to create new opportunities for operators and suppliers alike.
By collaborating with bet365, a globally recognised brand known for its extensive reach and strong local engagement, Evoplay reinforces its commitment to delivering tailored content that resonates with regional player preferences.
Alex Malchenko, Head of Sales at Evoplay, said: “Partnering with bet365 represents an important milestone for Evoplay as we continue to expand our Latin American presence and build our network of global operator brands. Brazil is a market with huge potential, and we’re excited to bring a selection of our best-performing titles to its players.
“Our focus remains on supporting operators with content that not only meets regulatory standards but also delivers strong player engagement, and this collaboration is a testament to that approach.”
Spokesperson at bet365, added: “We are pleased to partner with Evoplay as we continue to enhance our offering in Brazil.
Their portfolio of localised games aligns well with our commitment to provide high-quality gaming experiences to our customers.
“We look forward to rolling out additional titles in the near future as we strengthen our collaboration with the supplier in this key market.”
Evoplay
Evoplay is a leading iGaming developer with a portfolio of 250+ slots, table, crash, and instant games.
It uses innovative gameplay and cutting-edge design to elevate user experience and bring new audiences to the world of iGaming.
The company’s commitment to innovation and revolutionary products was recognised by the most prestigious industry awards.
bet365
At bet365, it’s always extraordinary!
bet365 Casino is the home of gaming excitement, offering an extensive range of slots to choose from, including multi-layered jackpots, classic fruit games, and the latest innovative titles. Plus, with popular Live Games like Roulette, Blackjack, and Baccarat, there’s always something for every player.
bet365 is committed to Safer Gambling. We promote gambling as an enjoyable leisure activity, and we believe that gambling can only remain this way if you stay in control and gamble responsibly. However, we know that for some people gambling can stop being a harmless leisure activity and become a problem.
bet365 has a range of useful tools to help customers stay in control of their gambling that can be found at https://responsiblegambling.bet365.bet.br/br
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