Shares of Table Trac Inc. (OTCMKTS:TBTC) have been trading within a narrow range over the past few sessions.
Market Reaction
On Thursday, TBTC stock ended flat at $3.50 with 1.6K shares, compared to its average volume of 1.8k shares. The stock moved within a range of $3.5000 – 3.5000 after opening trade at $3.50.
CasinoTrac Management System to be installed at The Jail House Motel and Casino of Ely, Nevada
Table Trac, Inc. (OTCMKTS:TBTC), which is a designer, developer and seller of casino management systems, has announced on February 17, 2022 about signing an agreement for installing the CasinoTrac management system at the Jail House Motel and Casino located in Ely Nevada, near the historic U.S. Route 50, also known as “The Loneliest Highway”.
Jeffrey Manuel, JH Gaming, LLC, states they are thrilled regarding the installation and upcoming launch of Casino Trac’s integrated slot accounting and customer reward programs. He is confident that Casino Trac’s system will help to build upon customer loyalty, and aid in future growth as well when it comes to prospective customers. Chad Hoehne, President of Table Trac, is equally hopeful about the installation. He says that their suite of products is sure to be of immense assistance to Mr. Manual to meet objectives and grow his business.
The Jailhouse Motel and Casino has exceptional equipment, with the latest slot machines, video poker, and other fascinating games, along with 60 rooms. It also houses the famed Cellblock Steak House, which is the Ely’s only fine dining restaurant. CasinoTrac presently operates in casinos spread across 13 countries, including the United States, Central and South America, the Caribbean, and Australia.
Key Quote
Chad Hoehne, President of Table Trac Inc, stated, “We are thrilled that JH Gaming, LLC. has chosen the CasinoTrac management system and are confident that our suite of products will help Mr. Manual meet his objectives and grow his business.”
Traders Review
TBTC stock is trading below the 20-Day and 50-Day Moving averages of $3.49 and $3.27 respectively. Moreover, the stock is trading below the 100-Day moving average of $3.10.
