Supplier News
US – NEWave completes best ever year in 2013
By Phil - 14 January 2014
2013 was an exciting year for NEWave, the leading compliance and efficiency software supplier to the gaming industry. The company began 2013 by celebrating its 20th anniversary and then finished with its strongest sales year to date.
The company expanded its client base from 250 to just under 300 across the United States while exceeding sales over prior year, as well as exceeding sales projections for 2013.
NEWave Chairman Jim Bach said: “2013 was a year of tremendous growth for us, and we are very grateful to our clients for their support, and to our staff for making these achievements possible. We are not resting on our success. We have every intention of making 2014 an even better year.”
A push by casinos to achieve the highest possible levels of compliance helped to fuel NEWave’s success. NEWave Senio. Vice President of Sales Clair Rogers said: “We have been working closely with casinos across the US to help them understand that meeting minimal compliance obligations is insufficient under new FinCEN guidelines. Casinos want to achieve higher levels of compliance and we have the software solutions to help them accomplish that goal and streamline processes at the same time.”
NEWave’s compliance software suite myCompliance Manager is comprised of many leading modules including Title 31 Manager, OFAC, TINCheck and others, including an eLearning program that conducts training online and ensures casinos’ mandatory training is up-to-date.
In 2013, the company unveiled extensive improvements to its myDocument Manager software suite. The updates serve to further streamline processes across the entire operation, casino and non-casino, including contract workflow.
Also in 2013, NEWave marked the 15th year of its powerful Revenue Manager software suite with several new installations at existing properties and at new properties, such as Margaritaville Bossier City and Rocky Gap Casino Resort. myRevenue Manager dramatically increases efficiencies by converting mounds of paperwork into searchable digital images and totaled columns, all with fast and easy search and audit capabilities.
“We have a solid foundation in place in terms of software, development, sales and service. We are confident 2014 will be another exciting year,” Mr. Bach said.
