July 23, 2010 (CAP News Wire) — CasinoAffiliatePrograms.com, the Internet’s longest-running online casino and Internet poker affiliate marketing resource, has announced the loss of Royal Apollo as a CAP Listed Program. In connection with this, the company is advising affiliates to exercise caution when selecting affiliate program partners, due to the new industry uncertainties responsible for Royal Apollo’s situation.
“Dear affiliates, Due to the ongoing issues we are having with processing and Rival management we will be closing down our site in the next few days,” announced Royal Apollo Casino to its network of affiliates. “We are committed to providing top standards of gaming and support to both players and affiliates. This decision was not easy, but the ongoing issues are not allowing us to offer these standards. [W]e hope … that Rival will respect and honor the current and future revenue that you are entitled to.”
Given the nature of the situation — that Royal Apollo has not only closed, but that affiliate payments are uncertain (“we can’t enforce this as its Rival that holds all fees,” Royal Apollo’s message states) — CasinoAffiliatePrograms.com has issued an advisory for affiliates going forward.
Other members of the CAP affiliate community have reported difficulty depositing and withdrawing from other Rival Software-powered sites. In addition, non-CAP Listed online casino Planet 23 has reportedly also closed operations.
CAP company officials aren’t speculating as to why these Rival-powered online casinos are shutting their doors — the truth is more likely overcautious payment deposit standards related to the UIGEA law than any problem with management or finances. Still, CAP wants to make sure that affiliates are informed of the situation in order to make the best possible business choices going ahead.
Many CAP Listed Programs promote online casinos, Internet poker rooms, Internet bingo rooms, and online sports betting services based on independent gaming software providers, or alternate brand-name providers such as Microgaming or Playtech.
Affiliates can check an online casino’s software by clicking its profile on the CAP Listed Programs page.