Gambling Wages slipped in a minor change overnight to their terms and conditions. This change was to their revenue sharing model and removed the uppermost tier:
OLD Terms wrote:
4.1.2. REVENUE SHARING (CLASSIC COMMISSIONS)
In this program we share the profit made by the winnings from the customers with our affiliate.
Customer Net Losses
Up to $15,000 – 30%
$15,001 to $50,000 – 40% $50,000 and greater – 50%
OLD Terms wrote:
4.1.2. REVENUE SHARING (CLASSIC COMMISSIONS)
In this program we share the profit made by the winnings from the customers with our affiliate.
Customer Net Losses
Up to $15,000 – 30%
$15,001 and greater – 40%
Summary: I think they should send out notices when they do this. I’m sure the larger affiliates have agreements with them anyway, though. I certainly HOPE this is NOT retro-active.