Software supplier NEWave announced that it has signed an agreement to supply its award-winning Title 31 compliance software to all Cantor Race & Sports Book locations in Nevada.
NEWave’s Title 31 Manager software completes, files and archives forms required to comply with FinCEN Title 31 money laundering requirements, and includes real-time tracking, audit consolidation, e-filing, and other functionality.
The package also includes NEWave’s TINCheck, which provides casinos a quick way to validate address and tax ID information against USPS and IRS databases, and NEWave’s OFAC Watch List, which provides real-time notification that a patron could be on at least one of a variety of watch lists.
“At Cantor Gaming, we use the most advanced technology available for our state-of-the-art race and sports books and, in choosing a compliance partner, we wanted to work with a reputable firm that knows our industry,” said Jeff Burge, COO and CFO of Cantor Gaming. “We selected NEWave for their depth of knowledge and experience in guaranteeing smart solutions for compliance within the gaming industry. After careful analysis, we believed only NEWave’s software had the sophistication and innovation that was on par with our premier technology platform.”
NEWave Senior Vice President of Sales Clair Rogers added, “Having partnered with many leading gaming operators, we are excited to expand our footprint with Cantor Gaming. Like NEWave, Cantor Gaming is reputed for their technologically advanced race and sports wagering solutions. Working in partnership with Cantor Gaming is a perfect fit.”