Table Trac approves cash dividend on stock of $0.01 per share

August 14, 2023
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The Board of Directors agreed to issue a payout to shareholders in late September.

Table Trac’s Board of Directors has declared a cash dividend on its common stock of $0.01 per share.

The Board announced that shareholders on record as of September 1 will be eligible for the next payout round.

The latest dividend will be paid out to shareholders on September 22.

Table Trac recently signed separate agreements with two Nevada casinos to install its CasinoTrac management system.

The company will deploy CasinoTrac at Carson City’s Comstock Casino and at Silver Springs Nugget Casino, a move that Table Trac President Chad Hoehne described as a win for the group.

CasinoTrac, Table Trac’s latest casino management system, can be adapted to suit multiple entertainment and gaming environments, including those that are considered Class III gaming centers. These 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.

Once installed, both locations will offer guests access to a new players club, as well as opportunities to win extra rewards.

Table Trac is a Minnesota-based company that was founded in 1995. The group 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.

In addition to the company’s growth throughout Nevada, Table Trac recently expanded its US reach into South Dakota by installing CasinoTrac at the Golden Buffalo Casino and Motel.

The casino management system will continue to monitor and automate daily operations throughout Golden Buffalo.

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