Home >> Casino Affiliate Program Updates

Oct
22


Platinum Affiliates have changed the term in their contract which allowed them to terminate affiliate contracts when a low balance has been in the affiliate account for 3 months. Thank you PA!

TERMS UPDATE, COMMISSIONS BALANCE , TERMINATION

4.14. Minimum Payment and Time of Payment. Notwithstanding the foregoing, if for any calendar month the total amount of Affiliate Fees due to you is less than or equal to US $50, due to the costs and resources involved in administering the program and processing payments hereunder, the balance will be carried over and added to the next month’s Affiliate Fees until the total amount is more than US $50. Further, if the amount of Affiliate Fees due is negative in any particular month, then we may, at our sole discretion, elect that negative amount will carry over and be deducted against the following month. In the event, the balance carried over does not exceed US $50 within a consecutive three (3) month period, then the amount of Affiliate Fees due will be voided and cancelled, and this Agreement will automatically terminate.


Summary:More great news today! Well done, Platinum Affiliates. Look for certification real soon :)
Oct
22


This is a NON-Terms Alert. This alert is from the commissions page at Platinum Affiliates where they have added SilkBingo.com as a property to promote

TERMS UPDATE, PROPERTIES, WINPALACE ADDITION


SilkBingo.com


| Revenue Share

Gross Revenue Per Calendar Month % of Gross Revenue You Receive
$0-$1,000 20%
$1,001-$10,000 25%
$10,000+ 30%


Summary:Looks like Platinum Affiliates is growing!
Jul
22


Platinum Affiliates have added Bingo terms for their Silk Bingo property and a termination clause that steals commissions and closes accounts.

TERMS UPDATE, Commissions, Real Money Players

4.3. Money Players. In this Agreement a Casino Money Player shall mean a Player who earns 5 ”comp points” (FPP) 20 comp points in relation to the LuckyAceCasino Website or who earns 20 comp points in relation to the SuproCasino Website, and a ”Poker Poker Money Player” Player shall mean a Player who earns 3 ”comp points” (FPP) 20 status points in relation to the LuckyAcePoker Website, and “Bingo Money Player” shall mean a Player who bets US$20 in relation to the SilkBingo Website (the Casino Money Players together with the Poker Money Players and the Bingo Money Players, the ?Money Players?). For the foregoing purpose, the term ”comp point” terms comp point and “status points” shall have such definition and shall be earned by Money Players in accordance with the guidelines as shall be set from time to time by Kamay.


TERMS UPDATE, Commissions, Bingo Net Gaming Revenue

4.8. Bingo Net Gaming Revenue. In this Agreement, the term Bingo Net Gaming Revenue shall mean the sum total of all of a Bingo Money Player’s bets while playing at the SilkBingo Website, less the winnings of a Bingo Money Player, less any credits, bonus or promotional amounts given to a Bingo Money Player, less any chargebacks (including amounts paid as a result of credit card abuse or fraud, or paid to a Bingo Money Player to settle a claim involving the allegation of credit card or other abuse or fraud) or any uncollectible revenue attributable to a Bingo Money Player.


TERMS UPDATE, Commissions, Termination

In the event, the balance carried over does not exceed US $50 within a consecutive three (3) month period, then the amount of Affiliate Fees due will be voided and cancelled, and this Agreement will automatically terminate.


Summary:The addition of Silk Bingo is excellent news and the terms are properly updated for this change. HOWEVER – The increase of ‘comp/status points’ along with the predatory term to steal affiliate commissions is very bad news. The last term whereby they can take your commissions if you do not earn more than $50 in three months will only serve to remove most new affiliates. They are ‘cutting off their nose to spite their face’ with that clause.



See the full terms alert at: Platinum Affiliates Terms Alert – ID#755

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