Omni Slots Affiliates

More or less than you thought?

  • more

    Votes: 3 60.0%
  • less

    Votes: 1 20.0%
  • what I thought

    Votes: 1 20.0%

  • Total voters
    5

Guard Dog

Guard Dog
Staff member
Joined
Dec 13, 2006
Messages
10,692
Reaction score
2,965
Today we audited Omni Slots Affiliates, they only have the one casino at present with the same name.

Affiliate reporting Platform: egass
https://affaccount.slotpartners.com/afs/login.php
Affiliate Reporting Platform - SlotPartners.jpg


We have a 45% revenue share deal with them.

Omni_1.JPG

We deposited $20 AUD and took the 100% welcome bonus.
Omni_2.JPG

Omni_3.JPG


We played slots until we lost is all.
Omni_4.JPG

Omni_5.JPG


Looking at the affiliate program our $20 AUD deposit was converted to €12.99.
Omni_6.JPG

Our 45% earning was €4.20 of the net gaming revenue for €9.34.

This gives us an Effective Net Gaming Revenue (the amount of money deposit and lost) of 9.34/12.99 = 71.90%.

To see what your real revenue share is, multiply your advertised revenue share rate by the Effective Net Gaming Revenue (71.90%) eg.
  • 30% = 21.57%
  • 35% = 25.16%
  • 40% = 28.76%
  • 45% = 32.35%
 

Attachments

  • Omni_1.JPG
    Omni_1.JPG
    50.4 KB · Views: 505
  • Omni_2.JPG
    Omni_2.JPG
    70.2 KB · Views: 505
  • Omni_3.JPG
    Omni_3.JPG
    51.3 KB · Views: 502
  • Omni_4.JPG
    Omni_4.JPG
    216 KB · Views: 503
  • Omni_5.JPG
    Omni_5.JPG
    202.8 KB · Views: 501
  • Omni_6.JPG
    Omni_6.JPG
    30.4 KB · Views: 488
  • Affiliate Reporting Platform - SlotPartners.jpg
    Affiliate Reporting Platform - SlotPartners.jpg
    44.2 KB · Views: 187
Last edited:

Biti

Affiliate Guard Dog Member
Joined
Jul 24, 2015
Messages
1,073
Reaction score
673
You are playing from Australia? Thus no taxes are applicable as online gambling is illegal over there.

T&c says:

Net revenue = Gross revenue (wagering) – winnings – 20% cost (licensing and payment provider fee) – possible chargeback – possible taxes.

Hence, their calculation is different from their own t&c. 20% of € 12,99 is € 2,60. They're charging 28,1% instead of 20%. When I signed up that was actually 15%. Somehow they sneaked in a 20% fee instead of a 15% fee.

I understand 15% is too low, but this is not the way.
 

CL-Ed

Affiliate Guard Dog Member
Joined
Oct 9, 2017
Messages
240
Reaction score
360
That is a very good point. If their terms say 20% why are they charging almost 30?
 

AussieDave

22 years & still going!
Joined
Nov 28, 2013
Messages
4,487
Reaction score
3,183
You are playing from Australia? Thus no taxes are applicable as online gambling is illegal over there.

Actually, you'd be surprised how many gambling entities still taking AU players, are ironically paying consumption tax. In AU that tax is 10%, NZ is 15%. Two possibilities here:
  • AU Government is still accepting tax from a banned market.
  • Or... These entities are fudging the AU/NZ tax, and pocketing it themselves.
 

CL-Ed

Affiliate Guard Dog Member
Joined
Oct 9, 2017
Messages
240
Reaction score
360
I don't think GST is paid on turnover? I guess it is remotely possible that their intermediary payment processor might be charging GST on a credit card deposit (if that was used), but that would be a one time 10% charge which would of course be only $2 in this case. It still does not add up.
 

Biti

Affiliate Guard Dog Member
Joined
Jul 24, 2015
Messages
1,073
Reaction score
673
Actually, you'd be surprised how many gambling entities still taking AU players, are ironically paying consumption tax. In AU that tax is 10%, NZ is 15%. Two possibilities here:
  • AU Government is still accepting tax from a banned market.
  • Or... These entities are fudging the AU/NZ tax, and pocketing it themselves.

I didn't think of that, but (in this case in theory) it could be an option. I know in Germany, where it's illegal too, casinos are paying consumption tax. Same thing in Austria. Paying it means that basically they won't face any enforcement or are not among the first who will be facing it.

I think in this case Omni Slots Affiliates has an alternative calculation with bonus costs and/or transaction costs. It doesn't match with the t&c in that case.

Leave alone that they've sneaked in a higher admin fee (15 -> 20%) without noticing and I suppose retro-actively.
 
Top