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Casino Move – Update

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  • #690060
    Anonymous
    Inactive
    cps[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. :)

    #690061
    Anonymous
    Inactive

    Hi 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 more

    In 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

    #690104
    Anonymous
    Inactive

    I 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 $20000

    But 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 more

    Someone 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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