Hi Dave,
Yes this is correct and we show all our fees in the affiliate report.
The affiliate gets 60% of our profits not on the gross rake.
We dont have any hidden costs as many other affiliate programs have.
I personally dont know any casino room who dosent deduct the license fee. But they usually dont show it to the affiliate.
From the operators I know, they all take into consideration this fee in affiliate agreements.
You will see it labeled as ‘Operator’ or ‘Admin’ etc fee.
We Do Not have any negative carry over, so Bottom line is – We give 60% of our profits to all our affiliates who promotes us as a Top 5 room.
This offer is only valid for affiliates who sign up during November 2012. But as long as you promote us as a Top 5 room, the affiliate will keep the 60%.
If you want to know about our microgaming fees, you can simply divide the license fee with the gross profit.
Here’s my Skype: godwin.lucas1 if you’d like to discuss further.
Cheers 
Lucas