Tahoe Nugget Casino to install Table Trac’s casino management system
13 June 2024 - 17:10Table Trac, a leading developer of casino management solutions, has secured a significant installation deal with Tahoe Nugget Casino in Nevada for its innovative CasinoTrac system. This move marks a strategic expansion for Stillwater Gaming into the vibrant South Lake Tahoe market. Chad Hoehne, President of Table Trac, expressed enthusiasm, emphasizing their ongoing partnership with Stillwater Gaming.
Scott Tate of Stillwater Gaming praised CasinoTrac for its user-centric design and robust stability, citing its pivotal role across their casino portfolio. He highlighted Table Trac's dedicated focus on gaming systems as a key driver of their system's quality and the company's culture.
In financial news, Table Trac reported a record-breaking $7 million in gross profit for 2023, achieving a remarkable gross margin exceeding 74%. Their recurring revenue surged to $4.9 million, marking a substantial 42% increase year-over-year. The company now boasts installations of its management systems in collaboration with 110 operators across more than 300 casinos globally, underscoring its expanding footprint in the industry. Additionally, Table Trac established a presence in Las Vegas, further solidifying its commitment to innovation and customer service in the gaming sector.