Gross Revenue - Terms and Conditions Update

[MissExposé]

We received the following email:

"T&C's Update

We have updated our definition of 'Gross Revenue' to include the deduction of local gaming taxes in jurisdictions where they are applied.

Definition of 'Gross Revenue'
“Gross Revenue” means the monthly sum total of all Players’ purchase of bets less the winnings of Players from both the Casino and Sports Products less any further credits, bonus or promotional amounts given to Players, less bad debts, less any uncollectible revenue attributable to a Player, less fraud, less Government-issued gaming taxes, less transactions which are reversed by instruction from the card-holder’s bank (commonly referred to as charge-backs).

If you have any questions, please feel free to reach out to us."

 

[admin]

The Affiliate Management team has been notified of the new post.

 

[BetOnlineUK]

There are a whole lot of "less" terms in there

 

[admin]

The Affiliate Management team has been notified of the new post.

 

[Rachel @ TradaCasino]

There are a whole lot of "less" terms in there

Ha I get you it's a fair point, but I promise it's not as bad as it looks.

Bad debts/fraud/chargebacks/uncollectible revenue deductions are very rare but have to be included in our terms for the few times they do happen,

Rachel.