SOURCE: NEWave

NEWave

January 08, 2013 15:32 ET

NEWave® Signs Agreement With Cantor Gaming® to Provide Its Title 31 Manager Software in All Cantor Race & Sports Book™ Locations

LAS VEGAS, NV--(Marketwire - Jan 8, 2013) - NEWave®, the leading software supplier to the gaming industry, has signed an agreement with Cantor Gaming® to supply its award-winning Title 31 Manager software in all Cantor's Race & Sports Book locations in Nevada.

The agreement includes NEWave's Title 31 Manager, TINCheck and OFAC software modules and complements its longstanding experience in providing compliance solutions to the gaming industry.

Jeff Burge, COO and CFO of Cantor Gaming®, said: "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 reputed firm that knows our industry. 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 said: "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."

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.

NEWave's TINCheck is the quick way for casinos to validate address and tax ID information against USPS and IRS databases, and NEWave's OFAC Watch List provides real-time notification that a patron could be on at least one of a variety of watch lists.

For a demonstration of these or any of NEWave's award-winning software solutions, please visit NEWave at www.mynewave.com or call (702) 891-0132.

About Cantor Gaming®
At Cantor Gaming®, we have built upon Cantor Fitzgerald's legacy of integrity and excellence and its unmatched financial technology to create an innovative and unique gaming system that is revolutionizing the gaming experience in Las Vegas. Cantor Gaming® is the first company licensed by the Nevada Gaming Commission to manufacture, distribute and operate a mobile gaming system in the state. We operate race and sports books across eight Las Vegas resorts, providing our patrons with an array of over the counter and account-based race and sports wagering at betting carrels, as well as casino-style mobile gaming. Cantor Gaming® offers casinos the convenience of complete mobile gaming and race and sports book solutions, including proprietary wireless gaming and sports book system, full back-office infrastructure and a portfolio of casino games and wagering products. In addition, sports betting fans can wager on-the-go from anywhere within the state of Nevada with our Android™ and Apple®-compatible mobile sports wagering application, or by using their personal computing devices, including desktop computers, laptops, tablets and smart phones with our Wi-Fi enabled sports wagering solution. We are passionate about applying technology to transform gaming and we are continuously using innovations in the operation of our race and sports books, and enhancing our products and technology, to offer customers a unique and memorable gaming experience.

Cantor Gaming® is an affiliate of the global financial services firm Cantor Fitzgerald, which has over 65 years experience and unparalleled expertise of highly secure, real-time financial transaction processing, management, and execution. Known globally for superior financial technology and real-time and secure execution of financial transactions, Cantor's clients include the world's leading banks and trading firms. Cantor's technology drives over $500 billion in transactions for the world's capital markets every day.

About NEWave®
NEWave® is celebrating 20 years of creating award-winning, innovative solutions for the gaming and hospitality industry. NEWave solutions are in more than 250 casinos in the U.S., four times more than any competitor, and more tribal operators trust NEWave solutions that any other. NEWave software suites -- myCompliance Manager, myRevenue Manager and myDocument Manager® -- have been proven to increase efficiencies, decrease waste and enhance the bottom line. For more information, please visit www.mynewave.com.

Contact Information

  • Contact:
    Paul Speirs-Hernandez
    Steinbeck Communications
    P (702) 413-4278
    E Email Contact
    T @steinbeckcomm

    Cantor Gaming®
    Hannah Sloane
    212-294-7938
    Email Contact

    Sarah Laufer
    212-915-1008
    Email Contact