Table Trac is a small software company that sells casino management systems (CMS) to casino operators under the CasinoTrac brand. CasinoTrac is an end-to-end platform covering player tracking and loyalty programs, kiosk promotions, cage and vault management, accounting and audit functions, and table games monitoring. Table Trac also offers a dedicated table games management system — its original patented product — that automates and monitors live table game operations in real time. Table Trac sells directly to casino operators in the U.S., Australia, the Caribbean, and Central and South America, with systems installed at over 115 casino operators across more than 300 casinos. Table Trac generates revenue two ways: upfront system sales upon new installations, and recurring monthly license and maintenance fees charged to all installed customers. The recurring revenue stream is the more stable component, persisting for the life of the customer relationship and growing as Table Trac adds new operators. New system sales are lumpier, driven by new casino openings, upgrade cycles, or competitive displacements. Table Trac designs its own slot machine interface boards using third-party assembly firms, keeping manufacturing asset-light. The company focuses on smaller and mid-sized casino operators, including tribal casinos, and holds gaming licenses across ten U.S. states, which defines its domestic addressable market.