NEWave installs myCompliance Title 31 and Tax Forms solutions

NEWave made the announcement from its booth at the Oklahoma Indian Gaming Association trade show, which is underway in Tulsa. NEWave is in booth number 624 at OIGA, with its show exhibition partner Financial Equipment.

Title 31 and Tax Forms are two important elements of NEWave’s myCompliance Suite, and function to help ensure a casino is filing timely, accurate tax reporting and is in compliance with federal anti-money laundering regulations.

River Spirit Casino operates more than 2,600 of the latest slot games along with 24 table games and 15 poker tables. Title 31 and Tax Forms help the casino to ensure compliance, while being as unobtrusive to their guests as possible.

River Spirit Casino Compliance Manager Meridith Gray said, “NEWave’s Title 31 and Tax Forms solutions are important software additions to our operation. Now we can quickly and easily track and log financial transactions from all potential sources as they happen, in real time. Additionally, we now have an increased level of confidence with our reporting compliance, because reports are generated automatically.”

“Only NEWave’s myCompliance Suite enables operators to streamline and automate their compliance processes. For example, with Title 31, River Spirit can now ask their guests to provide their ID only once, and then never have their play interrupted again. With the stored data, the property can quickly and easily generate and file required reports, ensuring compliance and a positive guest experience,” said NEWave COO Tom Bechtel.