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SOURCE Resort Advantage
ROYAL OAK, Mich., Jan. 23, 2014 /PRNewswire/ -- Resort Advantage (RA), makers of the award-winning Complete FinCEN / IRS Compliance Solution, the gold standard for automated FinCEN and IRS compliance management used by almost 100 of the country's most prominent casino properties, is proud to announce its partnership with Theron "Scarlet Raven" Thompson to formally establish RA's new Native American Gaming Division (NAGD).
"Expanding upon our success in the Native American community has been a clear objective for our company and we are pleased to partner with Theron Thompson to lead our expansion into Indian Country. Theron is an enrolled member of the Sisseton-Wahpeton Oyate in North and South Dakota; he has over twenty-five years of experience in the Tribal gaming industry and worked his way up from the front-line through executive management and regulatory management in multiple gaming operations across Indian Country. Theron's knowledge, education, and insight into Indian Country allows RA to deliver our proven vision to many more tribal casino Customers, helping them to reduce costs, minimize risk, increase revenues, and work towards establishing a 'findings free' FinCEN and IRS compliance management environment," said Resort Advantage's Managing Director, Brian Ferrilla.
"As the Financial Crimes Enforcement Network (FinCEN) ramps up its efforts to audit and assess fines to more casinos in the years to come, RA is committed to helping more tribally owned casinos to avoid these costly violations of the anti-money laundering regulations. Though there are approximately 420 gaming establishments owned and operated by nearly 240 tribes across 28 states, we know that generally only the largest properties have already taken steps to automate their AML compliance management processes. We are working hard to bring these same fine-eliminating AML compliance management capabilities to the hundreds of smaller properties across the country that need them, and Theron will be focused on that effort." Thompson will play a key role in furthering RA's business relationships and expanding RA's Customer base across the Native American gaming industry.
"As founder of the Gaming Regulators and Surveillance Professionals Group, I carefully looked at Title 31 FinCEN compliance solutions for our nearly 2,000 members that cover all of Indian Country. The Native American gaming market is diverse with many small to mid-size casino operations that are often overlooked, although they too need cost-effective automated compliance capabilities. After much research and discussions, I concluded that Resort Advantage is the most innovative and advanced compliance automation solution provider and has proven they can deliver," said Theron Thompson. "I am very enthused to partner with RA and to share their complete FinCEN and IRS compliance management and reporting software solutions with Indian Country. I am focused on helping the many smaller properties that need these same capabilities to implement a sound automated AML compliance environment using RA's wide range of low-cost, high-value, on-premise and hosted software-as-a-service offerings. Our intent is to collaboratively raise the bar on AML compliance across Indian Country, creating a win-win opportunity for all involved." For your Indian Country needs contact Theron at firstname.lastname@example.org.
About Resort Advantage
As the makers of the award-winning Title 31 Accelerator™, Slots Jackpot Accelerator™, SAR Workflow Accelerator™ and Incident Report Accelerator™ suite of compliance applications, Resort Advantage continues to lead the gaming industry with its innovations. Resort Advantage's Complete FinCEN/IRS Compliance Solution has set the gold standard for FinCEN and IRS compliance management and reporting as the solution of choice for the most prominent casino properties in North America. For more information, visit www.resort-advantage.com. Stop by Booth #847 at NIGA.
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