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IGT - Table Trac: Racking Up Recurring Revenue At The Casino
International Game Technology
Table Trac (TBTC) provides software solutions and gambling equipment to casinos. I learned about this stock from my Seeking Alpha friend, Gary Bratton who seems to have an encyclopedia of knowledge and total recall on small-cap gems.
What is immediately apparent from a quick glance at TBTC is that it's growing revenue quickly but sells at discount valuation compared to its peer group. The main product is patented casino management software that manages cash and credit transactions for table games and machines and runs targeted promotions. According to info on the company website,