Rival's aka Bonne Chance's First Forum Reply-Post

[NASHVEGAS]

http://www.affiliateguarddog.com/for...html#post17336

VIA AGD:

06-29-2010
Bonne Chance N.V

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"Bonne Chance N.V., an E-zone Company registered and licensed in the Netherlands Antilles, sublicenses Rival Powered games to the White Label operator(s) discussed in this thread. For its payment processing Bonne Chance N.V. has contracts with third party payment processors, these services are part of the White Label agreement for its marketing partners (the White Label). From time to time, its White Label partners may enter into an arrears situation due to high withdrawals. The White Label typically has a certain number of days to correct any such arrears.

It is important to note that the most typical reason for this arrears is bad promotion setup and misguided player classification. The White Label is 100% responsible for the marketing of their own property. This includes promotional design and configuration. When a White Label fails to pay its arrears it creates an awkward relationship between Operator (Bonne Chance N.V.) and the White Label partner whereas Bonne Chance N.V. is effectively bankrolling the property. ie paying the White Label's affiliates and customers.

In both this particular instance and instances in the past, Bonne Chance N.V. has taken a tough stance on its accounts receivable. Let it be clear that there currently is not, nor has there ever a doubling (or any false increase in) of hold or a 40% reserve taken on any deposits. These statements are simply incorrect."

Well contrary to most, Jet and I followed by a few others seem to have been correct in somewhat understanding the complicated corporate ownership structure. (prolly with intent to deceive).

B.C.'s actions have never been consistent with what their so called reps stated while B.C. stayed in the closet.

Affy's behavior is already interesting and seems to be pro-Rival once B.C. assured the affiliate community they would be paid. Nevermind the trip to the "PIT"..........Shocking, no?

[jetset]

Thanks for posting that, Nash.

The whole Rival structure smacks of covert activity and a sort of string-and-chewing-gum corporate set-up....even more than is usual in this strange industry, imo.

I would like to see a little more information on this Silverstone Overseas outfit and its relationships, too.

[Rusty]

What is "misguided player classification" industry speak for?

[NASHVEGAS]

What is "misguided player classification" industry speak for?

I just kinda guessed without much thought. My bad, great question Rusty,

[zap987]

Sounds to me like they are blaming the white lables for not sticking to Rivals automated bonus banning system.

[NASHVEGAS]

Sounds to me like they are blaming the white lables for not sticking to Rivals automated bonus banning system.

But that would be like BP's blaming of Halliburton and Transocean. Oh yeah, behind closed doors why not blame the "small people" too........It did not fly for BP and it will not have legs for the savants at Rival.

[Casinomeister]

...It is important to note that the most typical reason for this arrears is bad promotion setup and misguided player classification. The White Label is 100% responsible for the marketing of their own property. This includes promotional design and configuration...

Well yeah, but if you have iGaming Pro, First Gaming Partner, 23 Partners, and Royal Apollo screwing up their player classification and bonuses, perhaps it's not an operator problem but a Rival based problem.

By the way, I'm guessing there will probably be more closures in the next few weeks. Just a gut based guess.

[Casinomeister]

What is "misguided player classification" industry speak for?

Sounds to me like they are blaming the white lables for not sticking to Rivals automated bonus banning system.

[Lucky Loser]

I am very glad Royal Apollo is going out of business.

They bonus banned me as soon as I won $2000 from playing Scary Rich, which was just pure luck.

[zap987]

I'm convinced most of Rivals problems is because they offer too high variance games which is just too good for the player. Even someone with no clue about how to play a bonus the best way will end up playing with a positive EV just because of the variance on games like Scary Rich, and that is going to hurt the bottom line in a bad way.

Even if people play without bonuses on the high variance games they will generate very little playthrough for the casino so it takes a lot of players to make up for any kind of positive EV given in bonuses and they will have some players cashing out large amounts on small deposits.