Drew Word ’01 and Kurt Williams ’02

Casino Cash Trac, banking on the gaming industry, expands to new location

Casino software company growing with major profits

Casino CAsh Trac employees Bea Ford (from left), Danny Roe, Luke Martin, Micheal Kuck and Brandy Underwood have a meeting on the deck of their new office on Tuesday. (Photo by Ian Maule, Tulsa World)

 

Casino Cash Trac specializes in counting other people’s money.

But the company’s own piggy bank is getting pretty heavy.

For the second consecutive year, CCT made Inc. 5000’s list as one of the fastest-growing private companies in the nation (247th), posting revenues of $3.5 million in 2016 and a three-year growth of 1,730 percent. That made Casino Cash Trac the second-fastest growing private firm in Oklahoma and the 15th highest-rated software company in the United States.

With the national exposure has come physical expansion. CCT, which provides software for casinos to manage their gaming and accounting operations, has relocated into a recently finished 4,800-square-foot headquarters at 7835 E. 106th St., a move that more than tripled its previous space at 8908 S. Yale Ave. Only a shell when it was purchased, the two-story structure was designed to include a conference room, a pair of kitchens and leisure area equipped with a combination pool/ping ping table.

Cookouts are done on a Hasty-Bake on the second-floor patio, which overlooks a pond.

“We wanted it to be a fun place to work where everybody can hang out,” CEO Kurt Williams said.

Besides the space for its headquarters, CCT, anticipating further expansion, purchased four adjacent lots totaling about one acre, he said. Closing on in bringing its workforce to 22, the company also is focusing on hiring college graduates from area schools such as the University of Tulsa, Oklahoma State University and the University of Oklahoma.

“We have the experience level that we want on the development side and the other areas,” Williams said. “Now we are able to mentor and bring in some of the younger kids.”

Founded in 2012, CCT has made its mark in Indian gaming, but its reach now encompasses more than 100 clients in 13 states. Casino Cash Trac went international for the first time in February — in Edmonton, Canada — and it also has a presence on the Las Vegas strip at the 60-year-old Tropicana.

“There is so much tradition around the Tropicana,” said Wanor Franca, the company’s chief revenue officer. “There is a picture in the cage there that shows Tropicana and nothing else around. It was just desert.

“Doing Tropicana for us was a huge milestone because it was our first true corporate casino and our first Vegas property.”

Williams co-founded the company with Drew Word, his college roommate at the University of Arkansas-Little Rock. The management team also includes Franca and Blake Doerr, chief technology officer.

“From a technology standpoint, you have some of the top gaming corporations in the world coming to Tulsa, and coming to Oklahoma to see the software and how it’s working and how it can change their lives,” Williams said. “That’s very new to them because Vegas is very Vegas-centric.

“That’s the message we want to put out. We’re doing something in Oklahoma that everybody else is being wowed about. We’re looking for smart, energetic people who want to be a part of the team. … We’ll find a spot for you.”

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