- Joined
- Sep 18, 2018
- Messages
- 5,143
- Reaction score
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We received the following email:
"Dear valued partner,
The license for Germany is online a few weeks away, as are the Euros.
Unfortunately, our expectations six months ago were too optimistic in the licensor and a lot of clear confirmations are still missing.
Currently, a lot of deals are discussed and only a little to no options can be confirmed, clear is that revenue shares won't be payable.
After counseling with our legal advisors for the last months, nearly years, it was now decided by our management that Interwetten cannot - under all circumstances - pay revenue shares from the 1st of July on and risk the license.
This affects new players signing up after the 1st of July but also existing players because this part of the license requirements is unfortunately very clear in stating that German players cannot be connected in any way to variable payments based on their deposits, revenues, or turnovers.
Our standard offer from 25-35% Revenue Share based on performance and levels will be adapted to 50€ CPA which will be triggered by the minimum deposit.
This means the following:
"Dear valued partner,
The license for Germany is online a few weeks away, as are the Euros.
Unfortunately, our expectations six months ago were too optimistic in the licensor and a lot of clear confirmations are still missing.
Currently, a lot of deals are discussed and only a little to no options can be confirmed, clear is that revenue shares won't be payable.
After counseling with our legal advisors for the last months, nearly years, it was now decided by our management that Interwetten cannot - under all circumstances - pay revenue shares from the 1st of July on and risk the license.
This affects new players signing up after the 1st of July but also existing players because this part of the license requirements is unfortunately very clear in stating that German players cannot be connected in any way to variable payments based on their deposits, revenues, or turnovers.
Our standard offer from 25-35% Revenue Share based on performance and levels will be adapted to 50€ CPA which will be triggered by the minimum deposit.
This means the following:
- We need feedback who wants to continue/start in Germany
- Change of Deals latest coming into effect on the 1st of July
- German players have to be separated in the best possible way, therefore a separate new account is required, this has to happen ASAP
- New Terms and Conditions for our affiliate program will be issued, being effective on July 1st. Consent is required to continue the collaboration. Should we not receive consent by the 30th of June we have to terminate the collaboration and suspend the account. These T&Cs will be shared within the next few weeks.
