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I think there’s always going to be the danger of a rouge marketing manager runnning off with a player database….
probably the bigger question is if at some point this gambling ban blows over – will old affiliates still get commission for returning players who are having their accounts closed currently?
From what I understand, some of the programs are locking the U.S.
player accounts. This would mean that the players can no longer
play within the casino, but the account is still there, just in case
the casino decides to begin accepting players from the U.S. again.MrYook wrote:From what I understand, some of the programs are locking the U.S.
player accounts. This would mean that the players can no longer
play within the casino, but the account is still there, just in case
the casino decides to begin accepting players from the U.S. again.That really seems to be the best plan.. not just from our point of view, but theirs as well. Keep the accounts, with all info intact, and then when the time comes, shoot the US players an email welcoming them back..
Ok so lets do this…
We announce our company is no longer accepting US Players…. Our stock value drops by over sixty percent and the owners of our company lose nearly a billion dollars. In return we dont have to pay out commissions to our US affiliates that probably amount to say maybe a few million dollars each month…
Yeah who ever thought up this plot must be the company darling!
Guys I love a good conspiracy theory as much as the next guy, but believe me the casinos who are doing this are doing so at the advice of their attornies. It will probably mean many will cease to exist. It means hundreds of their own employees will be unemployed and thousands of shareholders will lose hundreds of millions of dollars.
This is not a scam to cut out affiliates. This is a reaction to laws the US government is putting into place. If all they wanted to do was cut out affiliates they could have simply announced “We have made the decision to take our marketing in a new direction and announce the closing of our affiliate marketing division. We are sorry for any inconvenience this may cause”
Thats it and they wouldnt have to get destroyed in the stock market or lose thousands of players who wander off to other properties during the down time.
For once I do not know for sure that you are right, Professor.
I consider views like (as expressed on CAP earlier) 888 stopping to take US players because they want to lower the cost of potential Mergers and Acquisitions quite reasonable.
It can be that legal advise led to the new policy, but it could also be a little piece of game theory. The latter options might even be the better one…
EDIT: About the billions of losses in shareholder value, if for example 888 is playing a strategic game, then they also know that share prices will get corrected eventually. The situation might even be a nice opportunity to buy-in some shares, given their big cash balance. It is less attractive for them to fund M&A’s with shares now though.
Professor wrote:This is not a scam to cut out affiliates.It doesn’t have to be a previously planned scheme for that to be the end result. It could also be planned later and not now.
Professor wrote:Ok so lets do this…We announce our company is no longer accepting US Players…. Our stock value drops by over sixty percent and the owners of our company lose nearly a billion dollars. In return we dont have to pay out commissions to our US affiliates that probably amount to say maybe a few million dollars each month…
Yeah who ever thought up this plot must be the company darling!
Guys I love a good conspiracy theory as much as the next guy, but believe me the casinos who are doing this are doing so at the advice of their attornies. It will probably mean many will cease to exist. It means hundreds of their own employees will be unemployed and thousands of shareholders will lose hundreds of millions of dollars.
This is not a scam to cut out affiliates. This is a reaction to laws the US government is putting into place. If all they wanted to do was cut out affiliates they could have simply announced “We have made the decision to take our marketing in a new direction and announce the closing of our affiliate marketing division. We are sorry for any inconvenience this may cause”
Thats it and they wouldnt have to get destroyed in the stock market or lose thousands of players who wander off to other properties during the down time.
Professor, with all due respect I think you may have forgotten what
companies like Nortel and what that CEO did to his shareholders. The
possibility is there. Time will tell. Business and Politics are the ultimate
poker games.
:colgate:
