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Pokerstars SCREWING Affiliates
Friday September 26,2014 : POKERSTARS CUTTING AFFILIATES?
Austerity measures as poker giant faces increased tax burden
Initial forum posts suggest that PokerStars Partners is terminating certain affiliate accounts.
The common thread during discussion is too many old players generating revenue to justify the affiliates monthly payment. Some claim they weren’t given a reason at all in the formal notice from Amaya Gaming, while others report they have been given an ultimatum to produce real money player referrals as per the terms and conditions or face termination.
"To ensure that your account remains open, you are required to send 1 RMP [real money player] in November. Please let us know if there is anything that we can do to help in your efforts to generate new real money players to prevent any impact to your account," one affiliate posted.
Affiliates cut from the programme will be paid for September and have been instructed to remove all marketing materials from their sites by October 1, 2014, the notice advised.
PokerStars affiliate agreement terms clause 8.4, referred to in the notifications, reportedly gives the company the right to terminate their agreement on seven days notice, but when affiliates sign up they are told that revenue share will be payed on there players lifetime.
PokerStars regulated move into the UK market following the implementation of the Gambling (Licencing and Advertising) Act 2014 will impose a 15 percent place of consumption tax on revenue earned through UK players. This latest move by the poker giant seems to indicate austerity measures in light of the tax burden it faces from November 1, 2014.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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