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GBank Financial Holdings Inc. is Pleased To Share the Press Release of BoltBetz
Globenewswire· 2025-08-28 18:25
Group 1 - GBank Financial Holdings Inc. is the parent company of GBank and is involved in a partnership with BoltBetz and Terrible's Gaming to implement cashless gaming technology across thousands of slot machines [1] - GBank operates as a bank holding company headquartered in Las Vegas, Nevada, and is listed on the Nasdaq Capital Market under the symbol "GBFH" [2] - The company provides a range of banking products and services, including the GBank Visa Signature Card tailored for the gaming and sports entertainment markets, and operates two full-service commercial branches in Las Vegas [2] Group 2 - GBank is recognized as a top national SBA lender and operates across 40 states, serving small businesses, middle-market enterprises, public entities, and affluent individuals [2] - The company routinely posts important information for investors on its website, which serves as a platform for disclosing material non-public information in compliance with SEC regulations [3]
Table Trac, Inc. Reports 2025 Second Quarter Earnings
GlobeNewswire News Room· 2025-08-13 20:10
Financial Performance - Table Trac, Inc. reported a 19.4% increase in maintenance revenues, rising from $1.32 million in Q2 2024 to $1.58 million in Q2 2025 [1] - Net income for Q2 2025 was $144,782, a decrease from $806,570 in Q2 2024 [1] - Basic and diluted net income per share for Q2 2025 was $0.03, down from $0.18 in Q2 2024 [1] - For the six months ended June 30, 2025, net income to common stockholders was $927,021, compared to $818,231 in the same period of 2024 [1] - Basic and diluted net income per share for the first half of 2025 was $0.20, up from $0.18 in the first half of 2024 [1] Company Overview - Founded in 1995, Table Trac, Inc. develops, sells, and leases information and management systems for casinos, providing technical support [2] - The company's CasinoTrac system is designed to be secure, scalable, and flexible, compatible with most third-party software and hardware [2] - Table Trac has installed systems at over 115 casino operators in more than 300 casinos worldwide [4] Product and Market Development - The company has developed a patented real-time system that automates and monitors casino gaming table operations [3] - As of June 30, 2025, Table Trac had two customers with system contracts in backlog, expected to be installed in Q3 2025 [2] - The company signed one new contract as of the filing date of the report [2]
Why Light & Wonder Stock Blasted 10% Higher Today
The Motley Fool· 2025-06-25 22:18
Core Viewpoint - Light & Wonder's stock experienced a significant increase of over 10% following a favorable court ruling in its legal dispute with Aristocrat Leisure, contrasting with the flat performance of the S&P 500 [1]. Legal Dispute - Light & Wonder is involved in a legal case with Aristocrat Leisure, which accuses it of copying elements from its casino slot game in the design of Light & Wonder's Dragon Train game [2]. - The Nevada court ruled in favor of Light & Wonder, stating that the company does not need to disclose its mathematical models related to the slot games in question, and requested Aristocrat to specify the trade secrets it is trying to protect [4]. Background of the Case - Aristocrat, based in Australia, initiated the lawsuit against Light & Wonder in 2024, claiming it would seek all appropriate remedies for the alleged harm caused by Light & Wonder's actions [5]. Market Reaction - Following the positive court ruling, investors showed confidence in Light & Wonder, leading to a notable rise in its stock price [1].
Table Trac, Inc. Reports 2025 First Quarter Earnings
Globenewswire· 2025-05-13 14:21
Financial Performance - Table Trac, Inc. reported a net income of $782,239 for the first quarter of 2025, a significant increase from $11,661 in the same period of 2024 [1] - Basic and diluted earnings per share for Q1 2025 were both $0.17, compared to $0.00 in Q1 2024 [1] - System revenue rose from $305,000 in 2024 to approximately $1.56 million in 2025, indicating strong growth [5] - Maintenance revenues increased from $1.3 million in 2024 to approximately $1.5 million in 2025 [5] - Other income saw a quarter-over-quarter increase of 6.7% [5] Company Overview - Founded in 1995, Table Trac, Inc. specializes in developing, selling, and leasing information and management systems for casinos [2] - The company's CasinoTrac system is designed to be secure, scalable, and flexible, compatible with most third-party software and hardware [2] - Table Trac's systems are installed in over 300 casinos worldwide, with ongoing support and maintenance contracts in place for over 115 casino operators [4] Product Development and Market Expansion - The company has developed a patented real-time system that automates and monitors casino gaming table operations [3] - Table Trac continues to expand its market share by enhancing its product offerings and introducing new system features and ancillary products [4] - As of March 31, 2025, the company had two customers with system contracts in backlog, with expectations to install these contracts in the second quarter of 2025 [5]