Casino news | TransAct appoints John Dillon interim CEO
TransAct Technologies has announced that its board of directors has appointed John Dillon, a member of the board, as interim CEO.
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TransAct Technologies has announced that its board of directors has appointed John Dillon, a member of the board, as interim CEO.
HAMDEN, Conn.--Oct.
TransAct Technologies Inc, a supplier of slot machine printers, casino-player management software and food-safety management technology, saw its quarterly net loss widen year-on-year in the first three months of 2021, on net sales that fell 19.0 percent. Such loss was just over US$2.2 million for the three months to March 31, compared to a net loss of US$992,000 in the same period of 2020, the firm reported on Thursday in the United States. Compared to the previous quarter, the firm’s first quarter loss also widened: TransAct had posted a net loss of US$1.9 million for the three months ende...
Casino-equipment and food-service technology supplier TransAct Technologies Inc announced on Tuesday fourth-quarter sales in the casino and gaming segment rose by 33.3 percent sequentially, to nearly US$2.7 million. The figure represented a decline of 49.8 percent from the US$5.3 million in fourth-quarter sales a year earlier. “Throughout our most challenging year ever we proved the agility of our business model by posting sequentially stronger sales quarters in the second half of 2020 and we finished the year with momentum as we enter 2021,” said Bart Shuldman, chairman and chief e...