|UNITED STATES
			 SECURITIES AND EXCHANGE
				COMMISSIONWashington, DC 20549
			 Form 10-QSB
			 [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR
				15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
			 For the quarterly period ended September 30, 2005
			 OR
			 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR
				15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
			 For the transition period from _____________to
				_____________
			 Commission File Number 0-28383
			 Table Trac, Inc.(Exact name of small business issuer as specified in its
				charter)
			 Nevada - - - - - - - - - - - - - - - - - - -
				- - - - -- - - - - - - - - - - - 88-0336568 (State or other
				jurisdiction of Incorporation or organization) -- - -(IRS Employer
				Identification No.)
			 15612 Highway 7,  Suite 250 Minnetonka, 
				Minnesota 55345 (Address of principal executive offices)
			 (952) 548-8877(Registrant's telephone number,
				including area code)
			 Indicate by check mark whether the registrant (1)
				has filed all reports required to be filed by Section 13 or 15(d) of the
				Securities Exchange Act of 1934 during the preceding 12 months, (or for such
				shorter period that the registrant was required to file such reports) and (2)
				has been subject to such filing requirements for the past 90 days.
			 Yes X No--
			 Securities registered pursuant to Section 12(b) of
				the Act: None
			 Securities registered pursuant to Section 12(g) of
				the Act: 3,959,034 Shares Of Common Stock
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Table Trac, Inc.

|I N D E X                                                                                                      
|---------------------------------------------------------------------------------------------------------------
|PART I. FINANCIAL INFORMATION                                                                                  
|Item 1. Financial Statements                                                                                   
|Balance Sheets as of September 30, 2005 (unaudited)
			 and December 31, 2004 (audited)                        
|Statements of Operations for the three months and
			 nine months ended September 30, 2005 and 2004 (unaudited)
|Statements of Cash Flows for the six months
				ended September 30, 2005 and 2004 (unaudited)                  
|Selected Notes to Financial Statements
			 (unaudited)                                                         
|Item 2. Management's Discussion and Analysis of
			 Financial Condition and Results of Operations              
|PART II. OTHER INFORMATION                                                                                     
|Item 1. Legal Proceedings                                                                                      
|Item 6. Exhibits and Reports on Form 8-K                                                                       
|SIGNATURES                                                                                                     

Part I. FINANCIAL INFORMATION

Item I. FINANCIAL STATEMENTS

|                                                                                                                                        | September 30,
			 2005(unaudited) | December 31, 2004
|--------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------- | -----------------
|ASSETS                                                                                                                                  |                                   |                  
|Current assets:                                                                                                                         |                                   |                  
|Cash                                                                                                                                    | $87,945                           | $19,776          
|Accounts receivable, no allowance for doubtful accounts deemed
			 necessary                                                            | 285,643                           | 26,396           
|Inventory                                                                                                                               | 6,835                             | 2,956            
|Prepaid expenses                                                                                                                        | 2,400                             | 2,400            
|Total current assets                                                                                                                    | 382,823                           | 51,528           
|                                                                                                                                        |                                   |                  
|Patent, net of accumulated amortization                                                                                                 | 15,351                            | 16,374           
|                                                                                                                                        |                                   |                  
|Total assets                                                                                                                            | $398,174                          | $67,902          
|                                                                                                                                        |                                   |                  
|LIABILITIES AND STOCKHOLDERS EQUITY
			 (DEFICIT)                                                                                      |                                   |                  
|Current liabilities:                                                                                                                    |                                   |                  
|Accounts payable                                                                                                                        | $ 13,175                          | $ 5,874          
|Accrued payroll and related                                                                                                             | 10,571                            | 11,077           
|Deferred revenue                                                                                                                        | -                                 | -                
|Total current liabilities                                                                                                               | 23,746                            | 16,951           
|                                                                                                                                        |                                   |                  
|Stockholders equity (deficit):                                                                                                         |                                   |                  
|Restricted common stock warrant conversion
			 subscriptions received                                                                   | 0                                 |                  
|Common stock, no par value; 5,000,000 shares
			 authorized: 3,831,534 shares issued and outstanding in 2005 and 2004,
			 respectively | 1,315,583                         | 1,302,302        
|Retained deficit                                                                                                                        | (941,155)                         | (1,251,351)      
|Total stockholders equity                                                                                                              | 374,428                           | 50,951           
|                                                                                                                                        |                                   |                  
|Total liabilities and stockholders equity                                                                                              | $398,174                          | $ 67,902         

Table Trac, Inc. Statements of Operations
		(Unaudited)

|                                          |                               | Three Months Ending | Nine Months Ending
|----------------------------------------- | ----------------------------- | ------------------- | ------------------
|                                          |                               | July - Sept '05     |                   
|                                          |                               |                     |                   
|Net Sales                                 |                               | $462,299            |                   
|Total COGS                                |                               | 114,492             |                   
|                                          | Gross Profit                  | 347,807             |                   
|Total Operating Expense                   |                               | 209,843             |                   
|                                          | Income (Loss) from operations | 137,964             |                   
|Other Income/Expense                      |                               |                     |                   
|                                          | Interest Expense              | 0                   |                   
|Net Income (loss) Before Taxes            |                               | 137,964             |                   
|Income Taxes                              |                               | 0                   |                   
|Net Income (loss)                         |                               | $ 137,964           |                   
|Basic earnings (loss) per share           |                               | $ 0.035             |                   
|Weighted average basic shares outstanding |                               | 3,959,034           |                   
|Diluted earnings (loss) per share         |                               | $ 0.033             |                   
|Weighed average diluted shares            |                               | 4,112,377           |                   

Table Trac, Inc. Statements of Cash Flows
		(Unaudited)

|                                          |                                                                             |                       | Jan - Sept '05 | Jan - Sept '04
|----------------------------------------- | --------------------------------------------------------------------------- | --------------------- | -------------- | --------------
|OPERATING ACTIVITIES                      |                                                                             |                       |                |               
|                                          | Net Income                                                                  |                       | $310,196       | $127,385      
|                                          | Adjustments to reconcile Net Income to net cash
			 provided by operations: |                       |                |               
|                                          |                                                                             | Accounts receivable   | (259,247)      | (55,203)      
|                                          |                                                                             | Inventory             | (3,879)        | 825           
|                                          |                                                                             | Accounts payable      | 7,301          | 9,423         
|                                          |                                                                             | Deferred revenue      | - 0 -          | (6,097)       
|                                          |                                                                             | Payroll liabilities   | (506)          |               
|                                          |                                                                             | Patents amoritization | 1023           | 1023          
|Net cash provided by Operating Activities |                                                                             |                       | 54,888         | 77,356        
|INVESTING ACTIVITIES                      |                                                                             |                       |                |               
|                                          | Restricted common stock warrant conversion
			 subscriptions received       |                       | 13,281         | -0-           
|Net cash provided by Investing Activities |                                                                             |                       | 13,281         | -0-           
|                                          | Net cash increase for period                                                |                       | $68,169        | $77,356       
|                                          | Cash at beginning of period                                                 |                       | 19,776         | 16,594        
|Cash at end of period                     |                                                                             |                       | $87,945        | $93,950       





Table Trac, Inc. SELECTED NOTES TO FINANCIAL
		STATEMENTS September 30, 2005

Note 1. Condensed Financial Statements:

The condensed balance sheet as of September 30, 2005, the statement
		of operations and cash flows for the periods ended September 30, 2005 and 2004
		have been prepared by the Company, without audit. In the opinion of management,
		all adjustments (which include normal recurring adjustments and adjustments to
		revenues for compliance with the company's revenue recognition policy)
		necessary to present fairly the financial position, results of operations and
		changes in cash flows at September 30, 2005 and for all periods presented have
		been made.

Certain information and footnote disclosures normally included in
		financial statements prepared in accordance with generally accepted accounting
		principles have been condensed or omitted. It is suggested that these condensed
		financial statements be read in conjunction with the financial statements and
		notes thereto included in the Company's December 31, 2004 audited financial
		statements filed on form 10-KSB.

Note 2. Revenue Recognition:

The Company derives revenues from the sale of systems,
		license and maintenance and services.

System sales: Revenue from systems that have been demonstrated to meet
		customer specifications during installation is recognized when the product has
		been installed, title and risk of loss have transferred to the customer and
		collection of the resulting receivable is probable.

System sales are accounted for as multiple-element arrangements. In
		transactions that include multiple products and/or services, the Company
		allocates the revenue to each element based on their relative fair value (or in
		the absence of fair value, the residual method) and recognizes the associated
		revenue when all revenue recognition criteria have been met for each
		element.

License and maintenance revenue: Software and maintenance revenue are
		recognized ratably over the contract period.

Service revenue: Service revenue is recognized after the services are
		performed and collection of the resulting receivable is probable.

Note 3. Customer Concentration: Ten casino customers comprised 100% of
		the Company's revenues for the nine months ended September 30, 2005.

ITEM 2: MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
		RESULTS OF OPERATIONS

Business Overview:

Table Trac, Inc.'s patented real-time management system product
		automates and monitors the operations of casino table games (blackjack, craps,
		etc.) The Table Trac(TM) system (patent number 5,957,776) is available for an
		installation and monthly license fee from the Company. The system is operating
		in 10 casinos. The Company's primary mission is to provide a high level of
		support for its customers systems in the field. Continued efforts to expand the
		Company's sales through marketing are ongoing. Development to expand the
		products offered, and expand the functionality of existing products have been
		ongoing. Predicted revenues from the development efforts in 2004 on new product
		offerings have been realized in 2005.

Results of Operations:

Revenues for the three months ended June 30 increased to $462,299 in
		2005 from $117,971 in 2004. One new system installation in the third quarter
		accounted for the increase in revenues. Cost of sales for the three months
		ended September 30 increased in 2005 to $114,492 from $9,644 in 2004 as a
		result of new systems installations in 2005. Operating expenses for the three
		months ended September 30 increased in 2005, to $209,843 from $86,996 in 2004.
		The major changes were increased travel, increases to payroll during
		installations, sales commissions and employee benefits in 2005 compared to
		2004. The result was that there was net income of $137,964 for the three months
		ended September 30, 2005 compared to net income of $21,331 for the three months
		ended September 30, 2004. The basic earnings per share was $0.035 for the three
		months ended September 30, 2005, compared to $0.006 for the three months ended
		September 30, 2004.

Revenues for the nine months ended September 30 increased to $1,081,937
		in 2005 from $440,509 in 2004. Four system installations accounted for the
		majority of the increase along with increased license and maintenance fees.
		Cost of sales for the nine months ended September 30 increased in 2005 to
		$250,335 from $34,416 in 2004 as a result of manufacturing and installing
		hardware for systems. Operating expenses in the nine months ended September 30
		increased in 2005, to $521,406 from $278,340. The major changes were increased
		expenses to support installations, sales commissions, payroll, employee
		benefits and sales in 2005 compared to 2004. The result was net income of
		$310,196 for the nine months ended September 30, 2005 compared to a net income
		of $127,753 for the nine months ended September 30, 2004. The basic earnings
		per share was $0.080 for the nine months ended September 30, 2005, compared to
		$(0.033) for the nine months ended September 30, 2004.

Accounting Procedures:

Management has recognized that expenses related to the installation and
		training on its new systems have traditionally been booked as operating
		expenses. For prior years operations the effect was negligible. Beginning in
		September the Company has begun to recognize these expenses as a cost of sales
		associated with its installations instead of general operating costs. This
		change has no affect on Company's net income but in the future will more
		accurately reflect the cost of sales and operating expenses.

Liquidity and Capital Resources:

There are no known trends, events or uncertainties that are likely to
		have a material impact on the short or long-term liquidity. The primary source
		of liquidity in both the short term and the long term will be sales. Management
		has been able to manage its expenses and cash flows for the swings in cash
		flows the Company has experienced so that monthly obligations are met by
		revenues from existing contracts. Management believes that the Company has
		adequate cash to meet its obligations and continue operations for both existing
		customer contracts and ongoing product development.

Safe Harbor:

The Private Securities Litigation Reform Act of 1995 provides "safe
		harbor" for forward-looking statements. Certain information included in this
		Form 10-QSB and other materials filed or to be filed by the Company with the
		Securities and Exchange Commission (as well as information included in oral
		statements or other written statements made or to be made by the Company)
		contain statements that are forward-looking, such as statements relating to
		plans for sales and marketing, liquidity, and other business activities and
		developments. Such forward-looking information involves important risks and
		uncertainties that could significantly affect anticipated results in the future
		and, accordingly, such results may differ from those expressed in any
		forward-looking statements made by or on behalf of the Company. These risks and
		uncertainties include, but are not limited to, dependence on a limited number
		of customers, general economic conditions, or changes in federal or state laws
		or regulations.

PART II. OTHER INFORMATION

ITEM 1. Legal Proceedings

None.

ITEM 3. CONTROLS AND PROCEDURES

The President and Chief Executive Officer and of the Company have
		concluded based on their evaluation as of the period covered by this Report,
		that the Company's disclosure controls and procedures are effective to ensure
		that information required to be disclosed by the Company in the reports filed
		or submitted by it under the Securities Act of 1934, as amended, is recorded,
		processed, summarized and reported within the time periods specified in the
		Securities and Exchange Commission's rules and forms, and include controls and
		procedures designed to ensure that information required to be disclosed by the
		Company in such reports is accumulated and communicated to the Company's
		management, including the president, as appropriate to allow timely decisions
		regarding required disclosure.

There were no significant changes in the Company's internal controls or,
		to our knowledge, in other factors that could significantly affect these
		internal controls subsequent to the date of such evaluation.

ITEM 6. Exhibits and Reports on Form 8-K

None.

SIGNATURE

In accordance with the requirements of the Exchange Act, the Registrant
		has duly caused this report to be signed on its behalf by the undersigned
		thereunto duly authorized.

Table Trac, Inc. Date November 10, 2005By: /s/ Chad
		Hoehne President CEO

CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO
		SECURITIES EXCHANGE ACT OF 1934 RULE 13a-14(a) OR 15d-14(a)

I, Chad Hoehne, certify that:1. I have reviewed and read
		this Quarterly Report on Form 10-QSB of Table Trac, Inc.; 2. Based on my
		knowledge, this Quarterly Report does not contain any untrue statement of a
		material fact or omit to state a material fact necessary to make the statements
		made, in light of the circumstances under which such statements were made, not
		misleading with respect to the period covered by this Quarterly Report; 3.
		Based on my knowledge, the financial statements and other financial information
		included in this Quarterly Report, fairly present in all material respects the
		financial condition, results of operations and cash flows of the Company as of,
		and for, the periods presented in this Quarterly Report; 4. I am
		responsible for establishing and maintaining disclosure controls and procedures
		(as defined in the Exchange Act Rules 13a-14 and 15d-14) for the registrant and
		have: (a) designed such disclosure controls and procedures, or caused such
		disclosure controls and procedures to be designed under our supervisions, to
		ensure that material information relating to the registrant is made known to us
		by others within those entities, particularly during the period in which this
		Quarterly Report is being prepared; (b) evaluated the effectiveness of the
		registrant's disclosure controls and procedures and presented in this report
		our conclusions about the effectiveness of the disclosure controls and
		procedures, as of the end of the period covered by this Quarterly Report based
		on such evaluation; and (c) disclosed in this Quarterly Report any change
		in the registrant's internal control over financial reporting that occurred
		during the registrant's most recent fiscal quarter (the registrant's fourth
		fiscal quarter in the case of an annual report) that has materially affected,
		or is reasonably likely to materially affect, the registrant's internal control
		over financial reporting; and 5. I have disclosed, based on our most recent
		evaluation of internal control over financial reporting, to the registrant's
		auditors and board of directors performing the equivalent functions of an audit
		committee: (a) all significant deficiencies and material weaknesses in the
		design or operation of internal control over financial reporting which are
		reasonably likely to adversely affect the registrant's ability to record,
		process, summarize and report financial information; and (b) any fraud,
		whether or not material, that involves management or other employees who have a
		significant role in the registrant's internal controls over financial
		reporting; and

Date: November 14, 2005 By: /s/ Chad Hoehne Name: Chad
		Hoehne Title: Chief Executive Officer and principal financial officer

CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO
		SECURITIES EXCHANGE ACT OF 1934 RULE 13a-14(a) OR 15d-14(a)

I, Chad Hoehne certify that:6. I have reviewed and read this
		Quarterly Report on Form 10-QSB of Table Trac, Inc.; 7. Based on my
		knowledge, this Quarterly Report does not contain any untrue statement of a
		material fact or omit to state a material fact necessary to make the statements
		made, in light of the circumstances under which such statements were made, not
		misleading with respect to the period covered by this Quarterly Report; 8.
		Based on my knowledge, the financial statements and other financial information
		included in this Quarterly Report, fairly present in all material respects the
		financial condition, results of operations and cash flows of the Company as of,
		and for, the periods presented in this Quarterly Report; 9. I am
		responsible for establishing and maintaining disclosure controls and procedures
		(as defined in the Exchange Act Rules 13a-14 and 15d-14) for the registrant and
		have: (a) designed such disclosure controls and procedures, or caused such
		disclosure controls and procedures to be designed under our supervisions, to
		ensure that material information relating to the registrant is made known to us
		by others within those entities, particularly during the period in which this
		Quarterly Report is being prepared; (b) evaluated the effectiveness of the
		registrant's disclosure controls and procedures and presented in this report
		our conclusions about the effectiveness of the disclosure controls and
		procedures, as of the end of the period covered by this Quarterly Report based
		on such evaluation; and (c) disclosed in this Quarterly Report any change
		in the registrant's internal control over financial reporting that occurred
		during the registrant's most recent fiscal quarter (the registrant's fourth
		fiscal quarter in the case of an annual report) that has materially affected,
		or is reasonably likely to materially affect, the registrant's internal control
		over financial reporting; and 10. I have disclosed, based on our most
		recent evaluation of internal control over financial reporting, to the
		registrant's auditors and board of directors performing the equivalent
		functions of an audit committee: (a) all significant deficiencies and
		material weaknesses in the design or operation of internal control over
		financial reporting which are reasonably likely to adversely affect the
		registrant's ability to record, process, summarize and report financial
		information; and (b) any fraud, whether or not material, that involves
		management or other employees who have a significant role in the registrant's
		internal controls over financial reporting; and

Date: November 14, 2005

By: /s/ Chad Hoehne Chief Executive Officer and principal financial
		officer



CERTIFICATION PURSUANT TO SECURITIES EXCHANGE ACT OF 1934
		RULE 13a-14(b) OR 15d-14(b) AND 18 U.S.C. SECTION 1350, AS ADOPTED
		PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the quarterly report of Table Trac, Inc. (the
		"Company") on Form 10-QSB for quarter ended September 30, 2005 as filed with
		the Securities and Exchange Commission on the date hereof (the "Quarterly
		Report"), I, Chad Hoehne, Chief Executive Officer of the Company, certify for
		the purpose of complying with Rule 13a-14(b) or Rule 15d-14(b) of the
		Securities Exchange Act of 1934 (the "Exchange Act") and Section 1350 of
		Chapter 63 of Title 18 of the United States Code, that: 1. the Quarterly
		Report fully complies with the requirements of Section 13(a) or 15(d) of the
		Exchange Act; and 2. the information contained in the Quarterly Report
		fairly presents, in all material respect, the financial condition and results
		of operations of the Company.

Dated: November 14, 2005 By: /s/ Chad Hoehne Chief Executive
		Officer and principal financial officer

CERTIFICATION PURSUANT TO SECURITIES EXCHANAGE ACT OF
		1934 RULE 13a-14(b) OR 15d-14(b) AND 18 U.S.C. SECTION 1350, AS
		ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the quarterly report of Table Trac, Inc. (the
		"Company") on Form 10-QSB for quarter ended September 30, 2005, as filed with
		the Securities and Exchange Commission on the date hereof (the "Quarterly
		Report"), I, Chad Hoehne, Chief Financial Officer of the Company, certify for
		the purpose of complying with Rule 13a-14(b) or Rule 15d-14(b) of the
		Securities Exchange Act of 1934 (the "Exchange Act") and Section 1350 of
		Chapter 63 of Title 18 of the United States Code, that: 3. the Quarterly
		Report fully complies with the requirements of Section 13(a) or 15(d) of the
		Exchange Act; and 4. the information contained in the Quarterly Report
		fairly presents, in all material respect, the financial condition and results
		of operations of the Company.

Dated: November 14, 2005

By: /s/ Chad Hoehne Chief Executive Officer and principal financial
		officer