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Info On Pokerstars RetroActive Affiliate Program Changes
Saturday May 2,2015 : POKERSTARS SET TO CHANGE AFFILIATE CONTRACTS
No more lifetime deals.
Affiliate marketers who send players to online poker operator Pokerstars in return for payment could soon see the current "for the lifetime of the player" arrangements in their contracts abrogated in favour of a 2 year cap.
The intended new policy was unveiled in an email from Pokerstars Friday which advised that effective June 1 2015 the company will pay revenue shares to affiliates for only the first two years of activity on a player’s account.
"This will affect all referrals by affiliates, including retrospectively affecting those players referred prior to June 1, 2015,” the email notes.
The change is apparently necessary due to a decline in the number of new player acquisitions attributable to affiliate marketers, and will - Pokerstars claims - reward affiliates who assist the company in introducing the game to new audiences, rather than the current program which "disproportionately" pays affiliates for rake generated by existing players.
Players will remain unaffected, says Pokerstars.
The parent group of Pokerstars, Amaya Gaming, released an advanced snapshot of its Q1-2015 results Friday, revealing that the group expects to post revenues of up to Cdn$ 342 million (around US$ 281 million) on May 14
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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