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April 26, 2006 at 3:20 am #593932AnonymousInactive
Hi Guys,
Apologies for not posting this at the same time the newsletter was emailed out.
Hi Everyone,
Important and exciting things are happening at CasinoProfitShare over the next few weeks! So lets get to it… here is a quick run down on what is covered in this newsletter.
Welcome Nostalgia Casino, Goodbye Aztecs!
Who What When?
Incoming Nostalgia affiliates and their players
Outgoing Aztec Riches affiliates
Instant Payments
Revshare PercentagesWho What When?
Nostalgia Casino joins CasinoProfitShare while the Aztec Riches Casino and Aztec Riches Poker leaves for CasinoRewards. These changes and implementations will occur on the 24th of April, some things may seem out of place, but rest assured that by the 26thApril, any issues if any, should be ironed out.Incoming Nostalgia affiliates, campaigns and their players
All affiliates, their players and their campaigns from Nostalgia are being imported across into the CasinoProfitShare stats and tracking system. Any Nostalgia affiliates who have sent at least one player to Nostalgia, can expect to receive an email from CasinoProfitShare with your new login details as well as have your players tagged under your affiliate account. If you currently hold an affiliate account with Adriches and CasinoProfitShare , the players you brought into Nostalgia will be moved to be under your CasinoProfitShare earnings.Affiliates who are being inserted into the CasinoProfitShare affiliate system, will receive an email introducing them to CasinoProfitShare, as well as information on how to log into your stats.
Outgoing Aztec Riches affiliates and banners
Aztec Riches Casino and Aztec Riches Poker affiliates will continue to hold an account with CasinoProfitShare, but you will also be imported into the CasinoRewards affiliate system. It will be at the discretion of CasinoRewards on when they will contact you. Please direct all your enquires to [email protected].If you are an affiliate of the Aztec Riches brands you will not have to change your banners. On the 24th of April we will swap out the Aztec Riches banners being served from CasinoProfitShare and serve Nostalgia Casino and Music Hall banners. Your traffic won’t be lost, you wont have broken banners, and you will continue to earn revenue from the traffic you send.
Instant Payments
Casino Action features, such as Instant Payments, its Promotions and Competitions will no longer be available to the Aztec Riches brands from the 24th of April onwards. Nostalgia Casino will continue to retain its Casino Action features, as it remains within the Casino Action group.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 .If you have any questions or queries, pleasse do not hesitate to contact me at [email protected].
April 26, 2006 at 4:06 am #690060AnonymousInactivecps[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 #690061AnonymousInactiveHi 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 #690104AnonymousInactiveI 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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