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.
SkillOnNet has gone live with ODDSworks casino content across Ontario, rolling out titles on a number of its iGaming sites including PlayOJO, SlotsMagic and SpinGenie.
The companies said the Ontario deployment is the first phase of a wider rollout expected to extend to Mexico and selected Latin American markets in the coming months. SkillOnNet’s LatAm-facing brands include PlayUZU and BacanaPlay.
ODDSworks, based in Chicago, supplies casino content and remote gaming technology across regulated markets in North America and Latin America. Its portfolio includes third-party titles from North American land-based slot and table game manufacturers, as well as content from independent studios.
Jani Kontturi Head of Games at SkillOnNet said: “ODDSworks has built games with a clear understanding of North American player preferences, and that’s exactly the kind of localized expertise we look for when expanding our portfolio. We’re excited to introduce their titles to our players.”
Larry DeMar at ODDSworks said: “We are pleased to partner with SkillOnNet and make our games available through its powerful platform. SkillOnNet has an excellent reputation for delivering exceptional player experiences, and this launch provides an exciting opportunity to extend the reach of our content across regulated markets.”
The post SkillOnNet adds ODDSworks casino content across Ontario sites appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.
Approval clears the supplier to distribute certified slots and instant games to licensed operators in Argentina.
PopOK Gaming has obtained certification for the Argentinian market, allowing the supplier to offer its certified gaming content to licensed operators in Argentina.
The company said the approval enables it to provide a portfolio of certified content in the country, positioning it to support local operators with slots and instant games that meet regulatory and technical requirements.
PopOK Gaming framed the certification as part of its broader push into regulated jurisdictions, with a focus on compliance and product standards. The company did not disclose which certifying body issued the approval, the scope of the certification, or a timeline for operator launches.
Argentina has become a key Latin American iGaming market, with regulation and licensing typically handled at the provincial level. PopOK Gaming said it expects further expansion initiatives as it continues to invest in regulatory compliance and international growth.
The post PopOK Gaming secures Argentina certification to supply iGaming content appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.
PopOK Gaming has announced that it has successfully obtained certification for the Argentinian market, marking another milestone in the company’s continued expansion across regulated gaming jurisdictions.
The certification enables PopOK Gaming to provide its portfolio of certified gaming content to licensed operators in Argentina, reinforcing its commitment to delivering compliant, high-quality entertainment in regulated markets worldwide.
Argentina continues to emerge as one of Latin America’s most dynamic iGaming regions, with a growing demand for innovative and engaging casino content. By meeting the market’s regulatory and technical requirements, PopOK Gaming is well-positioned to support operators with a diverse selection of slot and instant games designed to appeal to a broad player audience.
The latest certification reflects the company’s long-term strategy of expanding its international footprint while maintaining high standards of compliance, product quality, and responsible growth. As regulated markets continue to shape the future of the iGaming industry, certifications remain a key component of sustainable market development and operator confidence.
With an expanding portfolio featuring immersive gameplay, engaging mechanics, and modern game design, PopOK Gaming continues to strengthen its position as a trusted content provider for regulated operators around the world.
The Argentina certification follows the company’s ongoing efforts to broaden its presence in strategic markets, with further expansion initiatives expected as PopOK Gaming continues to invest in regulatory compliance and global growth.
The post PopOK Gaming Strengthens Latin American Expansion with Argentina Certification appeared first on Americas iGaming & Sports Betting News.
-
Bonusetu.com6 days agoFinland Sets Casino Gambling Risk Limits at 2% of Income, 4 Days, 2 Game Types
-
Compliance Updates5 days ago
Dutch Gambling Trade Association Sues Meta Over Illegal Gambling Ads
-
Acquisitions/Merger6 days ago
Super agrees to acquire Romania’s Crafting Technologies for new Cluj tech hub
-
30-0 Kongeserien6 days ago
Kongebonus launches 30-0 Kongeserien Eliteserien fantasy draft game
-
BetWarrior5 days ago
Kambi Group Extends its Partnership with BetWarrior
-
Latest News6 days ago
Play’n GO Releases its Latest Slot Game “Shark Feast”
-
Amusnet5 days ago
Amusnet Strengthens its Position Among Bulgaria’s Leading Employers in ICAP CRIF Ranking
-
Alex Baliukonis Game Producer at BGaming6 days ago
BGaming releases Frenzy Clusters slot with expanding grid feature
