Table Trac Board of Directors declares cash dividend update

May 18, 2023
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The Board established the current rate for common stock at $0.01 per share.

Table Trac has released an update on its quarterly dividend. The group’s Board of Directors recently declared a cash dividend on Table Trac’s common stock. The board set the price at $0.01 per share.

Shareholders can anticipate upcoming payments on June 22. To receive payment, those owning common stock must be shareholders of record as of May 31.

Table Trac was founded in 1995. The Minnesota-based company sells and develops casino information and management systems. Its technology is currently in use throughout Australia and the Caribbean, as well as in North, South and Central America.

Its latest casino management system (CMS), CasinoTrac, can be adapted to suit multiple entertainment and gaming environments, including those that are considered Class III gaming centers, which feature game terminals with the look and feel of slot machines. Odds and wins on those machines are based on pull tab, bingo card and historical horserace electronic result forms.

The company recently expanded its US reach into South Dakota, by implementing CasinoTrac at the Golden Buffalo Casino and Motel. CasinoTrac was installed to monitor and automate daily operations throughout Golden Buffalo.

Table Trac President Chad Hoehne said the company is eager to help the casino hotel with its management needs.

In addition to its expansion into South Dakota, Table Trac recently signed agreements with two Alabama gaming operators, Greentrack and The Palace Bingo. Both will also have access to the CasinoTrac management system.

The Palace Bingo recently opened in Alabama and offers players terminal-based games that have been approved in the state market.

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