MioMedia Audit Report

Do You Work With MioMedia?

  • Yes - and I'm happy

    Votes: 0 0.0%
  • Yes - but after this audit, I will consider lowering exposure

    Votes: 0 0.0%
  • Yes - and after this audit, I will consider increasing their exposure

    Votes: 0 0.0%
  • No, and I won't try them

    Votes: 3 100.0%
  • I may consider giving them a go

    Votes: 0 0.0%
  • I will definitely give them a go

    Votes: 0 0.0%

  • Total voters
    3

Guard Dog

Guard Dog
Staff member
Joined
Dec 13, 2006
Messages
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Hello AGD community,

Today we present to you the real revenue share audit report for MioMedia.

They have Neon54 Casino as their brand.

Affiliate Reporting Platform: NetRefer

Test signup and deposit is made from Country ‘Serbia’

Affiliate Reporting Platform.jpg

We deposited €20 / 0.000351 via BTC and took a welcome bonus of 100% up to 500.
Cashier.jpg


Our funds with the welcome offer were €40 and we started playing some slots:
Game 1.jpg


Game 2.jpg


Game 3.jpg


Eventually, we lost all the funds and checked the earnings report:
Stats.jpg


For the deposit of €20 via BTC the Net Gaming Revenue was €8

To summarize, the Effective Net Gaming Revenue (the amount of money deposited and lost) is 8/20= 40%.

Finally, multiply the advertised revenue share rate with the Effective NGR to see your real revenue share rate, e.g:
  • 25% = 10.00 %
  • 30% = 12.00 %
  • 35% = 14.00 %
  • 40% = 16.00 %
  • 45% = 18.00 %
Results of the new audit report done without claiming the first deposit bonus can be seen here.
 

AussieDave

24 years & still going!
Joined
Nov 28, 2013
Messages
4,978
Reaction score
3,518
These are getting worse and worse. Talk about blatantly stealing from affiliates. Kick these fools into the Doghouse, it's where all scammers, crooks and thieving affiliate programs belong.
 

ddm

Former Member
Joined
Nov 16, 2018
Messages
489
Reaction score
287
saw these guys at sigma.
/me puts jimmy tyrell's biz card in the bin.
 

Moonlight Cat

Affiliate Guard Dog Member
Joined
Sep 4, 2012
Messages
434
Reaction score
207
Too many factors: platform fee, providers fee, aff.programs fee e.t.c.
New igaming reality.
 

preditor

Affiliate Guard Dog Member
Joined
Sep 14, 2010
Messages
453
Reaction score
303
Too many factors: platform fee, providers fee, aff.programs fee e.t.c.
New igaming reality.

I love milk, and buy it from different stores, not minding a few cents in difference in the price, but if we compared this to affiliate platform and casinos, where the end product for the players, are the same it goes like this:
A bottle of milk, same producer, label, just different:
Store A: $1
Store B: $1.5
Store C: $2.2

The stores decide the price to the milk in their stores. Obviously, this can not be compared to the actually casinos, but indeed for us affiliates like this:
Same white label provider, same end product for the players:
Casino A: 25% fee (using all in house tools + affiliate platform) - Charges an 12.5% admin fee from the affiliates (50/50 cost).
Casino B: 25% fee (using all in house tools + affiliate platform) - Charges an 25% admin fee from the affiliates (affiliates pays everything).
Casino C: 45% fee (Uses Netrefer instead of the included affiliate platform) - Charges an 45% fee from the affiliates (affiliates pays everything).

Casino C uses something that costs a bit extra to use, and charges it 100% from the affiliates, instead of either use the included affilika -system. Also, when Casino C decides to use gold instead of silver, it's all on the expenses for the affiliates.

Let us say that it takes a new i-gaming business, 12- 36 months, before starting to make some decent numbers. If the business, spends more money on something, like another, more expensive affiliate platform, they should expand the expected time to make numbers, instead of charging the whole amount from the affiliates to 18-42 months instead.

What the casinos / white labels are doing now, is deducing ridicules amounts from their affiliates, instead of using their "own" budget on stuff! It's like casino C is using the wallet of future income that the affiliates will do.
 
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