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April 26, 2006 at 4:06 am #690060
Anonymous
Inactivecps[admin] wrote:Revshare Percentages
Players coming in from Adriches to CasinoProfitShare will earn revenue for their affiliate at the default revshare rate of upto 35% on CasinoProfitShare.Hi,
Can you please confirm that our existing Nostalgia players will earn us a starting commission of 35%? This is not the same as earning “up to” 35%.
Thanks.
April 26, 2006 at 4:41 am #690061Anonymous
InactiveHi Dave,
The CasinoProfitShare Revshare model is a tiered one. Starting at 25% and going upto 35%. The levels are summed up below. Nostalgia’s existing players will be on this level as well.
25.0% : $1 – $15,000
30.0% : $15,001 – $30,000
35.0% : $30,001 – or moreIn Adriches, Phoenician was the only casino to pay its affiliates a flat 35% Revshare. Nostalgia paid its affiliates on a tiered level at similar percentages as above.
Hit me up if I can help with anything else.
Cheers
April 26, 2006 at 2:53 pm #690104Anonymous
InactiveI must apologize — for some reason I was under the impression that Nostalgia Casino earned a flat 35%. My mistake.
The Nostalgia commission structure (as it was under Adriches) can be found here. Here it is:
25% up to $5000
30% up to $20000
35% over $20000But now you are telling us that our existing Nostalgia players will be on this commission structure:
25.0% : $1 – $15,000
30.0% : $15,001 – $30,000
35.0% : $30,001 – or moreSomeone please correct me if I am wrong, but this is essentially a pay cut. And since it affects my previous referrals, it is a retroactive change.
If I knew that I could deliver $25,000 each month, of course I would sign up and promote the program that offers the best commission rate (all else being equal). In this case, it would be Adriches. 35% of $25,000 under Adriches = $8,750, whereas 30% of $25,000 under CPS = $7,500. That is a difference of $1,250 per month. 🙁
I am extremely upset by the thought that I will take a pay cut on all of my existing players simply because CasinoProfitShare purchased the casino from Adriches. This is a retroactive change, and it needs to be addressed.
I am sorry for stirring things up — I really do like CasinoProfitShare and Adriches — but this change conflicts with the T&Cs I agreed to under Adriches. It negatively affects my bottom line, and I am not going to accept that.
Can you please re-evaluate this and come back with something more in line with what I agreed to under Adriches? I am sure you are aware of what happened last year when Referback and others tried to lower the commissions on existing players. I really don’t want to go through something like that again, especially not with CPS. Trish and Rakesh are both excellent affiliate managers, and I feel very uncomfortable with the situation that might potentially be unfolding. At the end of the day, though, I am going to expect fair treatment, and I am going to expect legal contracts to be honored. “For life” does not mean “until the casino changes hands.”
So, I am asking — please, please address this ASAP.
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