Software supplier and consultant NEWave announced that its recent installation of compliance software at Louisiana’s Margaritaville Bossier City casino was one of the most successful installations in the company’s 20-year history.
NEWave COO Tom Bechtel, who oversaw the installation on-site, said, “The casino had 165 taxable jackpots on the first day—120 of which happened on the first day shift! The entire staff used our software, and everything balanced perfectly. In fact, we were even approached by the Gaming Commission with questions, and within five minutes we had every answer they were looking for.”
“We were thoroughly impressed with the NEWave team,” said Margaritaville Bossier City Director of Finance Brice Kahler. “This was a major software installation, and of course, the software is critically important to our business operations. Everything functioned perfectly and seamlessly, and the NEWave team fielded questions from our staff and regulators with ease and professionalism. It was a pleasure to work with them.”
NEWave installed several components of its award-winning myCompliance Manager software suite, including Title 31 Manager, Tax Form Validator, TINCheck, OFAC Watch List, and eFile IRS. The combination of software modules allows Margaritaville Bossier City to remain in compliance with all federal, state and local regulations, while empowering the casino to execute the highest levels of customer service.
NEWave also installed Manuals, an essential software program for any grand opening because it replaces the need to have forms created. Further, NEWave installed its Audit Manager for Revenue Audit, which allows casinos to electronically complete audits for all casino-generated forms, greatly reducing the time and expense that may be involved in a traditional audit process.
NEWave also announced that it has installed its advanced TINCheck Software at Treasure Island Resort & Casino in Welch, Minnesota, owned and operated by the Prairie Island Indian Community.