Gambling Wages changes the terms and conditions portion relating to revenue sharing percentages… Gone is the 50% revshare! Top end is 40% now!

OLD Terms
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%

NEW Terms
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%

OUR SUMMARY: If this is retroactive – then this is a HIGHLY predatory move. If this isn’t retroactive, then it is ok as most large affiliates will bargain for a higher revenue sharing percentage anyway.