Keeping your casino profitable and your players happy are your primary concerns. That’s why compliance issues seem so cumbersome – as important as they are, they keep you from your core business. And when regulations aren’t followed, it can cost your casino thousands in fines.
The myCompliance Manager™ Suite from NEWave completes, files and archives all of your federal, state and locally-mandated forms for money laundering, suspicious activity and taxes. Beyond that, myCompliance Manager™ products will also validate identification documents, verify tax identification numbers, and provide alerts for OFAC or other watch lists. So go ahead – focus on your casino, because we’ve got compliance covered.
NEWave will custom-architect your complete compliance solution with these simple options:
Title 31 Manager
Completes, files and archives forms required to comply with FinCEN Title 31 money laundering requirements. Real time tracking for cash transactions, check transactions with your slot system and outside third party check cashing suppliers. Creation of the CTR, SAR, W/9 and W/8 and electronic filing.
Tax Form Validator
Completes, files and archives forms required to comply with IRS income reporting requirements. Tie together your whole casino with one software solution with W2G, 1042S and 1099MISC and keep images for the customer ID and social security document.
Compliance Trainer: Ensures every department in your casino is in compliance with all anti-money laundering training requirements. Includes CPA authorized content, as well as testing and renewal tracking.
Mobile: Validates patron information, expedites payouts, creates tax forms, maintains Title 31 compliance, tracks MTLs, and more, all while on-the-go.
TINCheck: Quickly validates address and tax ID information against USPS and IRS databases. Also reduces B notice fines.
OFAC Watch List: Provides real-time notification that a patron could be on a variety of watch lists.
eFile IRS: Provides expert electronic filing of IRS tax forms.
Download myCompliance Manager Overview.
Read up on Mobile.
Click here to see how all of our suites work together for a comprehensive solution.
Contact NEWave at 702.891.0132 to put the myCompliance Manager™ Suite to work for you!