Table Trac, a developer of information and management systems that automate and monitor the operations of casinos, has announced financial results for the year ended December 31, 2022.
The company reported a record $11m of total revenue, an increase of 58 per cent. CFO Randy Gilbert said: “2022 was a very strong year for Table Trac.
“We ended the year having installed 16 new systems, expanding one of our current customers, and we currently have eight projects in our backlog. We expect most of the backlogged projects to be installed by the end of Q2 2023.
“System sales increased over 103 per cent compared to 2022. Other sales, which included DataTrac and kiosk-related products, grew 92 per cent compared to 2021 and accounted for almost 10 per cent of our total revenue in 2022.”
“I wish to express my gratitude to the great group of Table Trac employees, whose focus and dedication made this a record year,” said Chad Hoehne, president and CEO.
“It is your attention to customer service, quality product design and responsiveness to customer needs that makes me optimistic about Table Trac’s continued success into the future.”