June 28, 2011 12:04 ET

NEWave Installs Multiple Solutions at Casino MonteLago and Immediately Generates Positive Results

LAS VEGAS, NV--(Marketwire - Jun 28, 2011) - Fresh off the news that its products are saving one Las Vegas casino $100,000 annually, NEWave has installed several of its solutions at the recently re-opened Casino MonteLago at Lake Las Vegas. The solutions are now protecting the casino and have already yielded many positive results.

NEWave installed several elements of its myCompliance™ and myCageOperations™ suites, including Title 31, Training for Title 31, Tax Forms, Manual, Document Capture and Document Manager. Additionally, Casino MonteLago is using NEWave's myCloudSolutions™ software, giving the casino the ability to instantly remotely store and access data in NEWave's internet "cloud."

NEWave's solutions have already generated positive results for Casino MonteLago, producing several Currency Transaction Reports (CTR-C) in the first two weeks of the casino's operation.

Casino MonteLago Controller Anthony Vannucci said, "NEWave's software has already been extremely beneficial to us. Because of their software, we generated several CTR-Cs in the first two weeks of operation. That is significant because it means that we are able to quickly and easily meet IRS guidelines for reporting, without interrupting our guests' enjoyment of the casino. We are very pleased with the software package as well as the excellent installation, training, and live support we received as part of the purchase."

"Casino MonteLago needed the best software available to protect the casino and to make their casino accounting as quick and accurate as possible. The fact that we have already filed CTR-Cs shows NEWave's solutions are working perfectly," said Tom Bechtel, COO of NEWave. "Some casinos might think they need upward of 1,000 devices for our solutions to make sense for them; however, our instant success at MonteLago proves that casinos of every size will benefit from NEWave's solutions."

Casino MonteLago is managed by Intrepid Gaming and features 280 slots and a race and sports book.

Information about NEWave's solutions is available at Casinos can schedule a free demonstration by calling NEWave at (702) 891-0132.

About NEWave:
NEWave and its clients are creating innovative solutions together. Founded in 1993, NEWave has more than 200 years of combined professional experience in the gaming and hospitality industry identifying, developing and deploying tools and strategies required to successfully manage information technology projects and organization. In addition, NEWave leads the industry in the development and implementation of gaming and hospitality software application and services that provide complete solutions for auditing functions, regulatory compliance and casino cage operations. For more information, please visit

Contact Information

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    Steinbeck Communications
    (702) 413-4278
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