CasinoTrac™ and TransAct® Report Impressive Results from Six-Month SlotSUITE Deployment Powered by Epicentral SE Promotional Bonusing Solution

$TACT
Computer peripheral equipment
Technology
Get the next $TACT alert in real time by email

Initial Implementation Highlights Significant Increases in Carded Play, Revenue, and Floor Performance

Table Trac, Inc. (OTCQX:TBTC), a developer and provider of casino information and management systems, along with TransAct Technologies Incorporated (NASDAQ:TACT) ("TransAct"), a global leader in software-driven technology and printing solutions, today shared the results from the first six months of the SlotSUITE deployment. This floor-wide, single-wire printing solution, announced in December 2023, was recently implemented in a large regional casino in the American Southwest.

SlotSUITE was developed through a partnership between CasinoTrac and TransAct Technologies. It integrates TransAct's Epicentral SE with PromoTrac, CasinoTrac's unified promotions administration and management system, using a single-wire solution that works on existing CasinoTrac gaming floor networks. This integration eliminates the need for additional network wiring and peripherals, making it a practical option for casinos looking to streamline operations and enhance player engagement. TransAct's Epicentral SE solution allows SlotSUITE to print promotions live at the slot machine during play.

Deployment Results

The SlotSUITE system was installed across more than 2,500 games and compared against data from the previous twelve months. The results from this initial deployment indicate significant improvements in several key performance areas:

  • Carded/Rated Play: An increase of 58.6% was observed, with average rated play rising from 17% to 29% over the six-month period.
  • Rated Coin-In: There was a 21% increase in rated coin-in on the games upgraded with SlotSUITE.
  • Overall Coin-In: A 3% increase in coin-in and related win was seen across the entire floor, including games still needing to be upgraded.
  • Rated WPU Increase: Rated WPU increased by 39% among games enhanced with SlotSUITE.
  • Overall WPU: A significant 8% increase in WPU was recorded across the entire gaming floor, even in games not yet upgraded to SlotSUITE.

Chad Hoehne, President of Table Trac, commented, "The SlotSUITE deployment has confirmed our expectations of a solution that is not only simple to deploy but also effective in improving operational efficiency and guest experience. The results show a clear impact on profitability and player engagement."

John Dillon, CEO of TransAct, added, "The data from this deployment reinforces the value of SlotSUITE as a solution that can simplify casino operations while delivering measurable financial benefits. We're pleased with the early success and look forward to further implementations."

As SlotSUITE continues to be deployed in other locations, both CasinoTrac and TransAct are optimistic about its potential to support casino operators in improving their overall floor performance and enhancing the player experience.

About Table Trac, Inc.

Founded in 1995, Table Trac, Inc. designs, develops and sells CasinoTrac CMS, a casino management system, and complementary operations, analytical software for gaming and hospitality operators. CasinoTrac is operational in more than 300 casinos across 13 countries including the United States, Central and South America, the Caribbean, and Australia. More information is available at https://www.CasinoTrac.com/.

About TransAct Technologies Incorporated

TransAct Technologies Incorporated is a global leader in developing and selling software-driven technology and printing solutions for high-growth markets including food service, casino and gaming, and POS automation. The Company's solutions are designed from the ground up based on customer requirements and are sold under the BOHA!®, AccuDate®, EPICENTRAL®, Epic and Ithaca® brands. TransAct has sold over 3.9 million printers, terminals and other hardware devices around the world and is committed to providing world-class service, spare parts, and accessories to support its installed product base. Through the TransAct Services Group, the Company also provides customers with a complete range of supplies and consumable items both online at http://www.transactsupplies.com and through its direct sales team. TransAct is headquartered in Hamden, CT. For more information, please visit http://www.transact-tech.com or call (203) 859-6800.

©2024 TRANSACT Technologies Incorporated. All rights reserved. TransAct®, BOHA!®, AccuDate®, Epic Edge®, EPICENTRAL® and Ithaca® are trademarks of TransAct Technologies Incorporated.

Forward-Looking Statements

Certain statements included in this press release may be forward-looking statements within the meaning of the U.S. federal securities laws, including the Private Securities Litigation Reform Act of 1995. Forward-looking statements are any statements other than statements of historical fact. Forward-looking statements represent current views about possible future events and are often identified by the use of forward-looking terminology, such as "may", "will", "could", "expect", "intend", "estimate", "anticipate", "believe", "project", "plan", "predict", "design" or "continue", or the negative thereof, or other similar words. Forward-looking statements are subject to certain risks, uncertainties and assumptions. In the event that one or more of such risks or uncertainties materialize, or one or more underlying assumptions prove incorrect, actual results may differ materially from those expressed or implied by the forward-looking statements. Important factors and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements include, but are not limited to, the following: the adverse effects of current economic conditions on our business, operations, financial condition, results of operations and capital resources, difficulties or delays in manufacturing or delivery of inventory or other supply chain disruptions, inflation and the Russia/Ukraine and Middle East conflicts, an inability of our customers to make payments on time or at all, diversion of management attention, a possible future reduction in the value of goodwill or other intangible assets, inadequate manufacturing capacity or a shortfall or excess of inventory as a result of difficulty in predicting manufacturing requirements due to volatile economic conditions, price increases or decreased availability of component parts or raw materials, exchange rate fluctuations, volatility of and decreases in trading prices of our common stock and the availability of needed financing on acceptable terms or at all; our ability to successfully develop new products that garner customer acceptance and generate sales, both domestically and internationally, in the face of substantial competition; our reliance on an unrelated third party to develop, maintain and host certain web-based food service application software and develop and maintain selected components of our downloadable software applications pursuant to a non-exclusive license agreement, and the risk that interruptions in our relationship with that third party could materially impair our ability to provide services to our food service technology customers on a timely basis or at all and could require substantial expenditures to find or develop alternative software products; our ability to successfully grow our business in the food service technology market; risks associated with the pursuit of strategic initiatives and business growth; general economic conditions; our dependence on contract manufacturers for the assembly of a large portion of our products in Asia; our dependence on significant suppliers; our ability to recruit and retain quality employees; our dependence on third parties for sales outside the United States; marketplace acceptance of new products; risks associated with foreign operations; the availability of third-party components at reasonable prices; price wars, supply chain disruptions or other significant pricing pressures affecting the Company's products in the United States or abroad; increased product costs or reduced customer demand for our products due to changes in U.S. policy that may result in trade wars or tariffs; our ability to protect intellectual property; and other risk factors identified and discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, and other reports filed with the Securities and Exchange Commission. We caution readers not to place undue reliance on forward-looking statements, which speak only as of the date of this release. We undertake no obligation to publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events or other factors, except where we are expressly required to do so by applicable law.

Get the next $TACT alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$TACT

DatePrice TargetRatingAnalyst
10/6/2021$20.00Buy
Craig Hallum
More analyst ratings

$TACT
Press Releases

Fastest customizable press release news feed in the world

See more
  • TransAct Technologies Reports Preliminary Fourth Quarter and Full Year 2024 Financial Results

    Sold Over 1,600 Terminals in the Fourth Quarter 2024, Representing an Eight Quarter CAGR of 42% Highest Quarterly Number of Terminals Sold Since 2020 Quarterly Casino and Gaming Sales Up Both Year-over-Year and Sequentially TransAct Technologies Incorporated (NASDAQ:TACT) ("TransAct" or the "Company"), a global leader in software-driven technology and printing solutions for high-growth markets, today reported preliminary results for the fourth quarter and full year ended December 31, 2024. "Our growing sequential momentum in FST is a clear indicator that the improvements we've made in our go-to-market strategy and internal sales motions are now yielding positive results. We believe that

    $TACT
    Computer peripheral equipment
    Technology
  • TransAct Technologies to Report Fourth Quarter and Full Year 2024 Results On March 13, 2025, Host Conference Call and Webcast

    TransAct Technologies Incorporated (NASDAQ:TACT), a global leader in software-driven technology and printing solutions for high-growth markets, announced today that it will release its fourth quarter and full year 2024 results after the market close on Thursday, March 13, 2025, and will host a conference call and simultaneous webcast at 4:30 p.m. ET that day. The conference call number is 877-704-4453; and the conference ID number is 13751789. Please call ten minutes in advance to ensure that you are connected prior to the presentation. Interested parties may also access the live call on the Internet at www.transact-tech.com (select "Investor Relations" followed by "Events & Presentations"

    $TACT
    Computer peripheral equipment
    Technology
  • TransAct Technologies Reports Preliminary Third Quarter 2024 Financial Results

    Sold Over 1,350 Terminals in the Quarter, With Over 2,800 Sold in the Last Two Quarters Added 12 New FST Customers in the Quarter Casino Market Continues to Normalize after Industry Inventory Build During Pandemic TransAct Technologies Incorporated (NASDAQ:TACT) ("TransAct" or the "Company"), a global leader in software-driven technology and printing solutions for high-growth markets, today reported preliminary results for the third quarter ended September 30, 2024. "We reported an excellent FST quarter, with another 1,355 BOHA! Terminal sales. We believe this momentum is just the beginning, with the effects of our re-organization and re-focusing of the sales team and go-to-market proce

    $TACT
    Computer peripheral equipment
    Technology

$TACT
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$TACT
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$TACT
SEC Filings

See more

$TACT
Leadership Updates

Live Leadership Updates

See more
  • Quest Resource Holding Corporation Announces Appointment of Audrey P. Dunning to Board of Directors

    THE COLONY, Texas, July 12, 2023 (GLOBE NEWSWIRE) -- Quest Resource Holding Corporation (NASDAQ:QRHC) ("Quest"), a national leader in environmental waste and recycling services, today announced that Audrey P. Dunning has been elected to its Board of Directors. Ms. Dunning will serve on the Audit, Nominating and Corporate Governance committees of the QRHC Board. In connection with Dunning's election, the board increased its size from six to seven directors. Ms. Dunning is a technology and business growth leader with expertise in technology enablement, digital transformation, customer engagement, risk management, and compliance, with a successful track record in the financial services, tech

    $QRHC
    $RJF
    $TACT
    Environmental Services
    Utilities
    Investment Bankers/Brokers/Service
    Finance
  • TransAct Technologies Appoints John Dillon Interim Chief Executive Officer

    Reiterates 2023 Full Year Guidance TransAct Technologies Incorporated (NASDAQ:TACT) ("TransAct" or the "Company"), a global leader in software-driven technology and printing solutions for high growth markets, today announced that, on April 4, 2023, its Board of Directors (the "Board") appointed John M. Dillon, a member of the Board, as interim Chief Executive Officer, effective immediately. Mr. Dillon succeeds Bart C. Shuldman, who resigned as CEO and as a director of the Company. Mr. Shuldman served as TransAct's CEO since 1996. His steadfast leadership helped the Company successfully emerge from the challenges presented by the COVID-19 pandemic, and he has been integral in developing

    $TACT
    Computer peripheral equipment
    Technology
  • TransAct Technologies Announces Cooperation Agreement with 325 Capital and Harbert Discovery Fund

    Daniel Friedberg and Audrey Dunning Appointed to the Company's Board of Directors TransAct Technologies Incorporated (NASDAQ:TACT) ("TransAct" or the "Company"), a global leader in software-driven technology and printing solutions for high-growth markets, today announced that it has entered into a Cooperation Agreement with 325 Capital Master Fund LP and certain of its affiliates (collectively, "325 Capital") and Harbert Discovery Fund, LP and certain of its affiliates (collectively, "Harbert Discovery Fund"). 325 Capital and Harbert Discovery Fund combined have reported beneficial ownership of approximately 16.8 percent of TransAct's outstanding shares of common stock. The terms of the C

    $TACT
    Computer peripheral equipment
    Technology

$TACT
Financials

Live finance-specific insights

See more
  • TransAct Technologies Reports Preliminary Fourth Quarter and Full Year 2024 Financial Results

    Sold Over 1,600 Terminals in the Fourth Quarter 2024, Representing an Eight Quarter CAGR of 42% Highest Quarterly Number of Terminals Sold Since 2020 Quarterly Casino and Gaming Sales Up Both Year-over-Year and Sequentially TransAct Technologies Incorporated (NASDAQ:TACT) ("TransAct" or the "Company"), a global leader in software-driven technology and printing solutions for high-growth markets, today reported preliminary results for the fourth quarter and full year ended December 31, 2024. "Our growing sequential momentum in FST is a clear indicator that the improvements we've made in our go-to-market strategy and internal sales motions are now yielding positive results. We believe that

    $TACT
    Computer peripheral equipment
    Technology
  • TransAct Technologies to Report Fourth Quarter and Full Year 2024 Results On March 13, 2025, Host Conference Call and Webcast

    TransAct Technologies Incorporated (NASDAQ:TACT), a global leader in software-driven technology and printing solutions for high-growth markets, announced today that it will release its fourth quarter and full year 2024 results after the market close on Thursday, March 13, 2025, and will host a conference call and simultaneous webcast at 4:30 p.m. ET that day. The conference call number is 877-704-4453; and the conference ID number is 13751789. Please call ten minutes in advance to ensure that you are connected prior to the presentation. Interested parties may also access the live call on the Internet at www.transact-tech.com (select "Investor Relations" followed by "Events & Presentations"

    $TACT
    Computer peripheral equipment
    Technology
  • TransAct Technologies Reports Preliminary Third Quarter 2024 Financial Results

    Sold Over 1,350 Terminals in the Quarter, With Over 2,800 Sold in the Last Two Quarters Added 12 New FST Customers in the Quarter Casino Market Continues to Normalize after Industry Inventory Build During Pandemic TransAct Technologies Incorporated (NASDAQ:TACT) ("TransAct" or the "Company"), a global leader in software-driven technology and printing solutions for high-growth markets, today reported preliminary results for the third quarter ended September 30, 2024. "We reported an excellent FST quarter, with another 1,355 BOHA! Terminal sales. We believe this momentum is just the beginning, with the effects of our re-organization and re-focusing of the sales team and go-to-market proce

    $TACT
    Computer peripheral equipment
    Technology

$TACT
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more