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Latin America

Table Trac, Inc. Announces Year End Results for 2019

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Table Trac, Inc. Announces Year End Results for 2019
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Table Trac, Inc., announced financial results for the year ended December 31, 2019.

Year End Highlights

  • The CasinoTrac system was installed in 27 locations during 2019. At the end of 2019, the Company had casino management systems, table games management systems and ancillary products installed with on-going support and maintenance contracts with 100 casino operators in over 160 casinos worldwide.
  • During 2019, the Company delivered product with a value of approximately $4,460,000 on new contracts at the respective contract dates. Approximately $2,500,000 of the revenue for these system sales will be recognized in future periods. As a result, those contracts, along with the related maintenance, are expected to add approximately $97,000 each month to the existing recurring revenue.
  • The company signed an exclusivity contract with the Japanese company, BroadBand Security Inc., in Tokyo, to rebrand, adapt and market their casino management system (CMS) to the developing Japanese gaming market.

Year-to-Date Financial Results

Revenues from service and other sales increased from $229,704 in 2018 to $1,415,947 in 2019.

Ongoing maintenance revenue increased from $2,635,122 in 2018 to $2,829,740 in 2019, a 7% increase of approximately $195k, due to high customer retention along with new accounts added during 2019.

Total operating expenses increased from $4,611,097 in 2018 to $4,853,767 in 2019 a 4.7% increase of approximately $219k.  This increase was primarily a result of the Company’s increased sales and marketing efforts

The net income for 2019 was $805,998 compared to net income of $514,965 for 2018.

 

About Table Trac, Inc.

Founded in 1995, Table Trac, Inc. designs, develops and sells casino information and management systems. The company has systems installed in North, South, and Central America, as well as the Caribbean.  More information is available at http://www.tabletrac.com/.

 

SOURCE Table Trac, Inc.

Latin America

Atlaslive’s Sportsbook Recognized with Silver Win at SBC Awards Latinoamérica 2024

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Atlaslive, a leading B2B provider of iGaming solutions, proudly announces its recognition as the Silver Winner in the “Rising Star in Sports Betting” category at the SBC Awards Latinoamérica 2024. This recognition confirms Atlaslive’s commitment to excellence and innovation in sports betting, underscoring the impact of its advanced Sportsbook technology on operators worldwide.

The event, held in Miami, recognized companies and professionals at the forefront of the iGaming and sports betting sectors across Latin America. With this award, Atlaslive reinforces its reputation as a trusted partner for operators, driven by a dedication to delivering exceptional, scalable solutions for today’s competitive iGaming landscape.

Lidiia Vakulenko, COO of Atlaslive, expressed her gratitude: “This award is a testament to our team’s dedication to crafting live technology that transforms the betting experience. We are honored by the industry’s recognition of our efforts to push the boundaries of innovation in sports betting. Atlaslive remains committed to empowering operators with top-tier tools and delivering unparalleled value to players worldwide.”

Atlaslive’s Sportsbook continues to set the standard in sports betting technology. With seamless API integration, advanced customization, a robust bonus engine, real-time data analytics, state-of-the-art risk management, and engaging features like Bet Builder, the Atlaslive Sportsbook is designed to drive user engagement, boost retention, and fuel growth for operators. Each feature aligns with Atlaslive’s mission to provide an unmatched betting experience, equipping operators to meet the needs of an evolving, global player base.

Atlaslive – the tech behind the game.

About Atlaslive

Atlaslive, formerly known as Atlas-IAC, is a B2B software development company. The company specializes in creating a multifunctional and automated platform to optimize the workflow of sports betting and casino operators. Key components of the Atlaslive Platform include Sportsbook, Casino, Risk Management and Anti-Fraud Tools, CRM, Bonus Engine, Business Analytics, Payment Systems, and Retail Module.  Follow the company on LinkedIn to stay updated with the latest news in iGaming technology. Let’s discover how far iGaming tech can evolve.

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Greece

Stakelogic Live Pens Deal with Novibet for Mexican and Greek Markets

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Stakelogic Live Pens Deal with Novibet for Mexican and Greek Markets
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Stakelogic Live has further cemented its position as an industry-leading live casino content provider thanks to a partnership with Novibet. The company’s complete suite of live casino games will be available on Novibet’s Mexican and Greek platforms. The integration will be completed via ORYX.

Novibet is a well-respected GameTech operator with a strong presence in both Mexico and Greece. This deal will see Novibet elevate its current casino offering thanks to the addition of Stakelogic Live’s innovative collection of live casino and tablet games.

This includes creative spins on classic titles like Speed Baccarat, Super Stake Blackjack, and European Roulette, as well as game-changing hits like Spin to Win, Super Wheel, and the exciting new Super Boost Blackjack VIP.

Stakelogic Live has built a reputation around offering the most creative and immersive live-casino titles on the market. All of this edge-of-your-seat action is broadcast live from custom-built studios in Malta and The Netherlands using the most cutting-edge streaming and audio technology.

The studio is constantly finding new ways to create a more immersive and dynamic experience for its players, and players at Novibet will now be able to experience this first-hand.

Neil Tanti, Head of Sales at Stakelogic Live, said: “The Greek and Mexican markets are extremely important to us at Stakelogic Live, so partnering with an operator as well-established in both of them as Novibet was an easy decision.

Players in both of these markets have had extremely positive reactions to our products in the past, so this deal allows us to extend our presence there and offer our games to more players than ever before.”

Foteini Matthaiou, Casino Product & CRM Director at Novibet, said: “Stakelogic Live is a name players instantly associate with quality live casino content, and being able to bring this to our platform in Mexico and Greece helps us further establish our own position as a go-to operator for those looking for the best live-casino experience on the market.”

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Industry Awards

SOFTSWISS Wins SBC Latinoamérica Award for Help Brazil Initiative

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SOFTSWISS Wins SBC Latinoamérica Award for Help Brazil Initiative
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SOFTSWISS has won the Socially Responsible Initiative of the Year nomination at the SBC Awards Latinoamérica 2024 for its impactful ‘Help Brazil’ initiative. This recognition underscores the company’s support for Brazilian communities affected by severe flooding earlier this year and its dedication to implementing meaningful social responsibility projects.

The SBC Awards Latinoamérica celebrates excellence in the Latin American gaming industry, gathering leading experts to acknowledge the achievements of operators, platform providers, affiliates, and suppliers across various sectors. SOFTSWISS’ ‘Help Brazil’ initiative distinguished itself among the top entries, with judges marking its focus on community sustainability and industry engagement.

Launched in May 2024, ‘Help Brazil’ provided immediate relief by delivering food, clothing, and clean water to flood-affected areas in Rio Grande do Sul in coordination with Movimento União BR. Further committed to sustainable recovery, SOFTSWISS partnered with PWTech, funding water purification installations in affected schools to guarantee long-term access to clean water.

Ivan Montik, Founder of SOFTSWISS, noted: “This prestigious award affirms our commitment to making a real difference. As we expand our business in Latin America, we build lasting relationships with people and partners in this region and see ourselves as part of the local communities. When action was needed, we could not remain on the sidelines. We are grateful that the Latin American industry recognised and supported our initiative and immensely thankful to everyone who joined us in this effort, both locally and internationally.”

Rubens Barrichello, Non-Executive Director in Latin America, who helped raise awareness for the initiative, added: “I am incredibly proud of SOFTSWISS’ commitment to a sustained and compassionate approach. This recognition underscores our dedication to supporting communities in Brazil, where we focus on making a meaningful impact. Together, with such comprehensive projects, we are demonstrating how our industry can step up when it matters most.”

Continuing its commitment to local communities, this September, SOFTSWISS and its employees provided financial aid and essential supplies to flood-affected regions in Poland, where the company operates two offices. The aid campaigns in Poland and Brazil reflect SOFTSWISS’ commitment to being a responsible partner for local communities and its broader focus on ESG principles through long-term health, environmental, and social initiatives, including World Environment Day, Pink October, and Movember.

SOFTSWISS welcomes its partners and clients to visit stand 2145 at the SiGMA Europe Summit to explore future collaboration opportunities.

 

About SOFTSWISS

SOFTSWISS is an international technology company with over 15 years of experience in developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 23,500 casino games, the Affilka Affiliate Platform, the Sportsbook software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.

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