How much is rev share in NJ?

[Nerdybet]

Hey guys.

Been snooping around online without finding an answer to this. Does anyone know what the rev share is for white label affs in the NJ market? I'd assume it's progressive, in that more players = a higher share, but I may be wrong.

 

[KasinoKing]

I don't understand the question!
If you are talking about promoting New Jersey licensed operators, I believe they work on CPA only.
I also, may be wrong!

KK

 

[Nerdybet]

They offer both CPA and rev share, but the license requirements for the latter one is quite onerous. My question is just what percentage the white label affs make through rev share.

 

[bonustreak]

Think they offer 300-400 CPA depending on the brand and you need to have a license for either CPA or Revshare

 

[Nerdybet]

Think they offer 300-400 CPA depending on the brand and you need to have a license for either CPA or Revshare

Yep. The CPA rates sound pretty similar to what I've read elsewhere. Seems I'll have to contact the casinos directly to figure out the rev share.

The rev share license is pretty pricey and onerous to apply for. If I remember right, they require 90+ pages of information and more than $ 5000 to process it, with no guarantee of approval. Nor can it be done online. So a box of documents must be mailed directly to the NJ DoG. I see why most affs stay away from it.

 

[edgarf76]

Regardless of rev share of CPA, you still need a vendors license I believe.

 

[Nerdybet]

It's called an Ancillary CSIE license: nj(dot)gov/lps/ge/sils_licensing.htm

 

[bonustreak]

I got the license and just see it lapsed since I ended my contract with Borgata, I have to find another casino to see about getting my license renewed... I paid 5k for it Almost had to give some blood as well! (JK)

 

[nibnab]

Think they offer 300-400 CPA depending on the brand and you need to have a license for either CPA or Revshare

I watched Catena's Q3 report. The claimed that the CPA's are between 700 - 1200 USD.
Does anyone have any links or resources where I could read more about obtaining one of these licenses?

 

[Thomas Andreas]

Bonussteak,
it is difficult to find licensed casinos to work with in NJ? because I am surprised that by losing one casino the business case falls apart. Maybe I misunderstood. Because I thought there were plenty of casinos to work with in NJ

 

[bonustreak]

There are plenty now.. I got my license about 4 yrs ago and there was only a couple. We are focusing on a different direction at this time ..

 

[the_dave]

I watched Catena's Q3 report. The claimed that the CPA's are between 700 - 1200 USD.
Does anyone have any links or resources where I could read more about obtaining one of these licenses?

Would imagine you're going to need some pretty serious volume to get the same level of CPA per player as Catena - suggests what's possible if you've got good traffic though.