Casino Coins Closing Down.

Discussion in 'General Casino Affiliate Area' started by GFPC, May 16, 2011.

  1.  
    GFPC

    GFPC BWIN IS ROGUE

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    Just got this from Casino Coins. Were in for rough ride.

    Dear xxx,

    Casino Coins will no longer be accepting new customers effective May 16th, 2011.
    This policy will be implemented for all Casino Coins brands including Caribbean
    Gold, English Harbour, Millionaire Casino, Silver Dollar, Slots Galore, Super Slots
    and VIP Slots.

    Affiliates that are on a revenue share model will be paid on a quarterly basis for
    all players referred to Casino Coins beginning on June 1st, 2011. The revenue
    share earned for the month of May will be paid by June 15th, 2011 with the first
    quarter paid by September 15th, 2011.

    If you have any concerns or questions regarding these policy changes please contact
    your Casino Coins representative.

    Regards,

    Casino Coins
     
  2.  
    Guard Dog

    Guard Dog Guard Dog Staff Member

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    I had a conversation with Nick earlier today (many have). He did verify that the casinos are closed to all NEW players. So - new depositing players can no longer happen at any of the Casino Coins casinos.

    If you have traffic going there, you might want to change that to another VT casino (well, the only choice are BCP - haven't heard from them what their plans are).

    Total bummer. CC was a trusted affy program :( They are still trusted, IMO. They will retain our current player base and pay us on that, but that will be quarterly AFTER this month's payment.

    Ouch.
     
  3.  
    bonusgeek

    bonusgeek Affiliate Guard Dog Member

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    Just shoot me...
     
  4.  
    dendrite

    dendrite Affiliate Guard Dog Member

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    Blimey

    Things are getting very difficult for USA affiliates...
     
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    Rhondagrace

    Rhondagrace gotaslotonmymind

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    OMG Another bites the dust! :eek:
     
  6.  
    GFPC

    GFPC BWIN IS ROGUE

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    for any affiliate actually - this site is just not allowing any affiliates to send players. I sense this will be the first step of a ton of affiliate programs shutting down.. mark my words!
     
  7.  
    Rhondagrace

    Rhondagrace gotaslotonmymind

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    So in essence your saying casino coins affiliate program is not accepting new affiliates to send them not just US Traffic all traffic. we existing affiliates will continue to receive earnings based on players in the past that we have sent. are the casinos closing to?
     
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    BishamonMedia

    BishamonMedia Affiliate Guard Dog Member

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    I see this as well. Its going to be a huge couple of months of consolidation leaving only a few large players in the field with enough liquidity to survive all the processors and issues going down. Pity when they sent that email they sent it to the wrong person!!! :eek:
     
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    dfiocch

    dfiocch Affiliate Guard Dog Member

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    What the hell? ???
     
  10.  
    dominique

    dominique Certification Member

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    They say:

    And, in conversation with them, they say this is due to processing issues. They will be losing a major processor next week. The processing for existing players will stay in place, but there will be no processing for new ones.

    This may be reversed at some point, but he said not to count on it, to treat it as final.
     
  11.  
    GFPC

    GFPC BWIN IS ROGUE

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    What i get from the email is this.

    Casino Coins will no longer be accepting new customers effective May 16th, 2011.

    - We are closing our site down to any players from any part of the world - we will no longer service and new players at all - we will remove our download links and not allow any new player to download. NO new players what so ever not even just direct traffic players. NOTHING!


    This policy will be implemented for all Casino Coins brands including Caribbean Gold, English Harbour, Millionaire Casino, Silver Dollar, Slots Galore, Super Slots and VIP Slots.

    All affiliates from all over the world - stop promoting us - we no longer want to do business with anyone new. We want to close our operation down. Please do not send us traffic anymore. To any of the brands we have.

    Affiliates that are on a revenue share model will be paid on a quarterly basis for all players referred to Casino Coins beginning on June 1st, 2011. The revenue share earned for the month of May will be paid by June 15th, 2011 with the first quarter paid by September 15th, 2011.

    Our back end client software will still work for existing players until it drys out and everyone stops playing or until we decide to then close all existing player accounts down. We will still honor the commissions of these players until they disappear or we decide to stop all players period. Until that happens we will pay you still but only every quarter.

    If you have any concerns or questions regarding these policy changes please contact your Casino Coins representative.


    Basically we want to close shop and no longer want i this business. We no longer can work with affiliates and any new players - the challenges are to great so please never send us traffic - we cant use it. Sorry but if you have concerns contact us.
    Regards,

    Casino Coins
     
  12.  
    TheGamblingGuru

    TheGamblingGuru Turning Over Stones

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    You're telling me, seems they don't even know who've they been dealing with all these years...apparently, I'm ronandsue now!! :rolleyes:

    It was nice though that we got a few weeks notice, no..I mean a few days notice...no, actually I mean no phucking notice at all! Bey hey, they are a trusted program...so...:mad:


    "Dear ronandsue,

    Casino Coins will no longer be accepting new customers effective May 16th, 2011. This policy will be implemented for all Casino Coins brands including Caribbean Gold, English Harbour, Millionaire Casino, Silver Dollar, Slots Galore, Super Slots and VIP Slots.

    Affiliates that are on a revenue share model will be paid on a quarterly basis for all players referred to Casino Coins beginning on June 1st, 2011. The revenue share earned for the month of May will be paid by June 15th, 2011 with the first quarter paid by September 15th, 2011.

    If you have any concerns or questions regarding these policy changes please contact your Casino Coins representative.

    Regards,

    Casino Coins "



    You guys better be for finding some more verticals outside of the casino affiliate one...always remember to be diversified..;)

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  13.  
    Redbush54

    Redbush54 Affiliate Guard Dog Member

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    At least you got an email.....we're still waiting for it.
     
  14.  
    TheGamblingGuru

    TheGamblingGuru Turning Over Stones

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    Too funny Janet..;)

    I'm sure many affiliates will only realize this about 2-3 weeks down the road when they are checking their links...that's the sad part of it all, at least as far as communication goes.

    I am coming to realize now though why these program managers are working in this business and not in the corporate world somewhere...LMAO! :p

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  15.  
    slotplayer

    slotplayer Affiliate Guard Dog Member

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    Well this is not good news. Not good at all. They were a good producer for me and many others. yes, my name was wrong to.
     
  16.  
    TheGamblingGuru

    TheGamblingGuru Turning Over Stones

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    This is probably how it all went down around 5:00PM today...


    Nick's Boss: Nick, let's close shop and head to the tropics...

    Nick: I'm ready boss, let's go, just help me send a few emails out and we will be outta here...

    Nick's Boss: No problem, let's do it now and I will get online and get us a couple tickets and we will be outta here before you can say... "phuck da affiliates"!!

    Nick: What affiliates...

    Nick's Boss: ROTFLMAO, Nick..you are so funny...;D

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    Vrindavan

    Vrindavan Affiliate Guard Dog Member

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    Very bad news !
     
  18.  
    Rhondagrace

    Rhondagrace gotaslotonmymind

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    Well my new name is LCD

    I have no idea who that is :confused:
     
  19.  
    TheGamblingGuru

    TheGamblingGuru Turning Over Stones

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    Like I said, that was Nicks boss helping him send those emails out..:p

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  20.  
    Rhondagrace

    Rhondagrace gotaslotonmymind

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    ROLMAO! Very sad to say..but your probally right rob :(


    :smellie_bubble:
     

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