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Maybe it is me who is slow, but when did Expekt introduce negative carry over?
They have removed the “No negative carry over”-reason to join from here:
Expekt.com affiliate program – Why Join?
They list 18 reasons to join, but there are only 17 reasons now.
If I check the Wayback Machine Expekt.com affiliate program – Why Join? , the 18th reason was “No negative carry over”.
So did Expekt just cross another line that is not to be crossed – or am I just slow? I can’t recall having received any info about this.
I think the new slogan for my blacklist will be: “Expekt the worst from Betclic Everest Group!”
Maybe this deserves a seperate post, but while investigating a little more about Expekt, I came across a mager warning against the Betclick Everest Group here:
Betclic mess (Betclic Everest Group)
I think anyone promoting brands in the Betclic Everest Group should consider twice.
Here’s a quote from a recent financial report
Quote:Everest Gaming may have insufficient resources to cover its operating expenses in 2012. We and BetClic have provided a certain amount of shareholder loans to Everest Gaming in proportion to our respective shareholding percentage in 2011. However, none of us or BetClic is obligated to provide any additional financing pursuant to the shareholders agreement or under the French law. We cannot assure you that we will continue providing additional financing to meet Everest Gaming’s working capital needs, and we may lose our return on our investment in the Everest Gaming business which will adversely affect our business and results of operations.I haven’t read the report so it might be out of context.
There is also a very important point about the lack of involvement from sister companies that we have also seen here at CAP:
Quote:I would first like to say something about Everest Gaming`s relationship to those other brands. Yes, of course is Everest Gaming formally independent from Betclic, Bet-at-home, Monte Carlo Online and Expekt. But this does not change the fact that all of the accredited Everest casinos have the same controlling owner as mentioned brands.Managers come and go, but your owner will still be Betclic Everest. This means that if for example Betclic is thrown into the rogue pit, then we will have a strange situation where the same owner has casinos listed in both the rogue pit and in the accredited section.
And ownership matters. At the end of the day, whether you have played at this brand or that brand, you are supporting the same company. And this company is Betclic Everest. The same company that obviously does not care so much about the fact that some of your sister companies are treating players like crap.
I would avoid – as a player and as an affiliate – Betclic, Everest Poker, Imperial Casino, Everest Casino, Casino Treasure, Casino Glamour, Casino Fantasy, Casino Elegance, Bet-at-home, Expekt, Monte Carlo Online and Casino Lux.
More and more unraveling from the Expekt Program “thread” Pjotter, thank you for keeping the community posted.
By any chance, have you had any luck in actually connecting with any one from the Expekt team?
@JillO 240678 wrote:
By any chance, have you had any luck in actually connecting with any one from the Expekt team?
No, unfortunately the situation is worse than I first thought with the serious financial problems in the Betclick Everest Group.
No matter what the affiliate managers of the other Betclic Everest group companies tries to tell us, this is not an isolated Expekt issue. If this group doesn’t treat affiliates properly in one company, this falls back on the group.
@pjotter 240689 wrote:
No, unfortunately the situation is worse than I first thought with the serious financial problems in the Betclick Everest Group.
No matter what the affiliate managers of the other Betclic Everest group companies tries to tell us, this is not an isolated Expekt issue. If this group doesn’t treat affiliates properly in one company, this falls back on the group.
All quite realistic.
If you were the owner of a bunch of casinos and where in trouble – you might try to get back to profitability by fixing one casino using any means possible (like changing terms, grabbing accounts, ignoring bad ‘press’ etc.) – and see if you ‘get away with it’ and ‘start to make a profit’.
If so, you may do it with all the others.
No matter how the situation turns out, none of it sounds like a ‘good plan’ for affiliates long term!
@JillO 240678 wrote:
By any chance, have you had any luck in actually connecting with any one from the Expekt team?
I actually received a reply yesteday:
Yes we will start practice negative carryover with effect from May 2012.
Kind Regards
Expekt affiliate team
@pjotter 241170 wrote:
I actually received a reply yesteday:
Yes we will start practice negative carryover with effect from May 2012.
Kind Regards
Expekt affiliate team
Wow… Well, at least they responded! The update is so appreciated!
