TABLE TRAC Business Summary

Table Trac Inc. (TBTC) operates as a specialized developer of casino information and management systems, primarily through its flagship CasinoTrac platform. The company employs a multi-stream revenue model encompassing upfront system sales, software licensing, hardware leasing, and recurring maintenance and technical support fees. Its operations are concentrated within a single reportable segment—casino products—serving over 300 locations and 100 gaming organizations across the United States, Australia, Japan, and the Caribbean. Table Trac distinguishes itself in the market through an open-architecture, "full-featured yet affordable" value proposition tailored for tribal and small-to-mid-sized commercial operators. It competes directly with diversified gaming technology giants such as International Game Technology (IGT), Light & Wonder, and Aristocrat Leisure, as well as niche players like Inspired Entertainment and Accel Entertainment, positioning itself as a cost-effective, high-margin alternative to enterprise-scale incumbents. As of early 2026, Table Trac is led by Randy Gilbert, who serves as both Chief Executive Officer and Chief Financial Officer following a strategic leadership realignment effective January 1, 2026. Gilbert, a former principal at Assurance Consulting 3 with a background at KPMG, oversees the company’s financial discipline and market expansion. Founder Chad Hoehne, who established the firm in 1995, transitioned from the CEO role to serve as President and Chief Technology Officer, focusing exclusively on product innovation and the integration of artificial intelligence into the CasinoTrac ecosystem. The company’s governance is supported by an experienced Board of Directors including independent members Andrew Berger, Thomas Mertens, and William Martinez. This leadership structure is designed to balance Hoehne’s 30-year technical pedigree with Gilbert’s operational oversight as the company pursues growth in emerging gaming jurisdictions.