Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Table Trac, Inc. is a technology company that provides casino management systems and related software solutions to the gaming and casino industry. The company focuses on delivering integrated systems that enable casinos to monitor, manage, and optimize table games, slot operations, and player activity. Its core offerings are designed to improve operational efficiency, regulatory compliance, and data-driven decision-making for casino operators.
The company’s primary revenue driver is the licensing, installation, and ongoing support of its proprietary casino management software, along with maintenance and upgrade fees. Table Trac primarily serves tribal casinos and small-to-midsize commercial casinos, positioning itself as a cost-effective alternative to larger, enterprise-focused gaming technology providers. Founded in 1995, the company has evolved from a niche table-game tracking provider into a broader casino systems vendor, expanding functionality while maintaining a focus on smaller operators underserved by major competitors.
Business Operations
Table Trac generates revenue through the development, deployment, and servicing of its integrated casino management system, which includes modules for table game tracking, slot accounting, player loyalty, cage and vault management, and compliance reporting. These solutions are typically sold under long-term licensing and service arrangements, providing recurring revenue streams. Operations are conducted primarily through the company’s core software platform, which is internally developed and maintained.
The company operates mainly within the United States and does not publicly report significant international subsidiaries or joint ventures. Based on available public disclosures, Table Trac does not maintain a complex subsidiary structure, and its operations are largely centralized. The business model emphasizes long-term customer relationships, system customization, and ongoing technical support rather than large-scale hardware manufacturing or third-party technology dependence.
Strategic Position & Investments
Table Trac’s strategic positioning centers on serving casinos that require reliable, regulatory-compliant systems without the cost and complexity associated with larger enterprise platforms. Growth initiatives have historically focused on expanding functionality within its existing software suite, enhancing analytics and reporting capabilities, and securing additional casino clients within its target market segment.
Public disclosures do not indicate a history of large-scale acquisitions or material equity investments in other companies. Instead, the company’s strategy emphasizes organic growth, incremental technology development, and deeper penetration of the North American tribal gaming market. Information regarding involvement in emerging technologies beyond core casino management systems is limited, and data inconclusive based on available public sources.
Geographic Footprint
Table Trac is headquartered in the United States and conducts the majority of its business domestically. Its customer base is concentrated across multiple U.S. states with legalized gaming, particularly regions with significant tribal casino operations. The company’s systems are deployed at casino properties rather than through large regional offices, resulting in a relatively lean physical footprint.
While the company has, at times, referenced installations or opportunities outside the United States, publicly available filings indicate that international operations are not a significant contributor to revenue. As a result, the company’s geographic influence remains primarily North American, with limited and non-material international exposure based on current disclosures.
Leadership & Governance
Table Trac is led by an executive team with long-standing involvement in the company’s operations and strategic direction. Leadership emphasizes disciplined cost management, regulatory compliance, and incremental technology enhancement aligned with customer needs. The company is governed by a board of directors that oversees corporate strategy, financial reporting, and shareholder interests, consistent with public company requirements.
Key executives disclosed in public filings include:
- Chad Hoehne – President and Chief Executive Officer
Publicly available sources do not consistently disclose additional executive officers beyond the chief executive role. Data inconclusive based on available public sources regarding other named executive positions.
Verification Requirements
All information presented above is derived from publicly available company disclosures, including SEC filings, and corroborated where possible with independent financial and industry reporting. Where specific details could not be verified across multiple reputable sources, this has been explicitly noted as data inconclusive based on available public sources.