In an effort to support the continued advancement of its technology platform and expand market presence, Table Trac CFO Randy Gilbert has officially assumed the CEO position, effective January 1, 2026.
As CFO, Gilbert helps align the supplier's financial strategy with market execution, and is said to bring "executive leadership, operational discipline and a strategic growth mindset" into the new role.
Former Table Trac CEO Chad Hoehne has transitioned to the President and CTO titles, where he will dedicate his "full attention" to product development, innovation, artificial intelligence (AI) initiatives and long-term technology strategy.
Hoehne will also lead the development of forward-looking technologies, such as AI-driven improvements to "strengthen" casino system intelligence, improve operational efficiency and continue delivering value to customers utilizing the CasinoTrac platform.
Table Trac stated the transition will "well-position" the supplier to "execute its vision" and grow revenue streams.
Gilbert was selected to serve on the Board of Directors for the Association of Gaming Equipment Manufacturers in March 2025, which represents manufacturers and suppliers of various gaming industry technologies.
He also holds the COO position for Table Trac, although it is currently unclear whether he will continue to assume the position as CEO and CFO.
Throughout the third quarter of 2025, Table Trac witnessed decreases in revenue, gross profit and net income, while operating expenses increased to $1.6m.
Total revenue for the period was $2.1m, while gross profit fell to $1.6m, a difference of approximately $200,000 from results generated in the third quarter of 2024. Net income fell by over 75% from the prior year period to $58,352, perhaps driven by a loss of operations for Q3 2025 of nearly $100,000.
S&K Gaming, an enterprise of the Confederated Salish & Kootenai Tribes of the Flathead Reservation, partnered with Table Trac on December 2 to implement its CMS platform across all gaming facilities