Casino Coins No more players... ever

lots0

Banned User - troll posts - flaming
Joined
Jun 3, 2006
Location
Hell on Earth
I just got this from Casino Coins.

Dear lots0

Casino Coins will no longer be accepting new customers effective May 16th, 2011. This policy will be implemented for all Casino Coins brands including Caribbean Gold, English Harbour, Millionaire Casino, Silver Dollar, Slots Galore, Super Slots and VIP Slots.

Affiliates that are on a revenue share model will be paid on a quarterly basis for all players referred to Casino Coins beginning on June 1st, 2011. The revenue share earned for the month of May will be paid by June 15th, 2011 with the first quarter paid by September 15th, 2011.

If you have any concerns or questions regarding these policy changes please contact your Casino Coins representative.

Regards,

Casino Coins

I don't feel too bad about this. Casino Coins ripped me off once.

In my opinion good riddance to bad rubbish.
 

KasinoKing

WebMeister & Slotaholic..
webmeister
PABnonaccred
CAG
MM
Joined
Aug 25, 2004
Location
Bexhill on sea, England
I got that e-mail too - and it's very bizarre!
It doesn't look anything like any previous official e-mail from them...
So I'm wondering if it's some sort of joke someone who doesn't like them is playing - maybe a disgruntled ex-employee...?

KK
 

BingoT

Nurses love to give shots
Joined
Dec 16, 2004
Location
Hartford,Ct
I know this has to be a joke.
Who the H is Binkie,:eek: & I am no Binkie lol
If you send emails out at least have my name right.



Dear Binkie,

Casino Coins will no longer be accepting new customers effective May 16th, 2011. This policy will be implemented for all Casino Coins brands including Caribbean Gold, English Harbour, Millionaire Casino, Silver Dollar, Slots Galore, Super Slots and VIP Slots.

Affiliates that are on a revenue share model will be paid on a quarterly basis for all players referred to Casino Coins beginning on June 1st, 2011. The revenue share earned for the month of May will be paid by June 15th, 2011 with the first quarter paid by September 15th, 2011.

If you have any concerns or questions regarding these policy changes please contact your Casino Coins representative.

Regards,

Casino Coins
 

lots0

Banned User - troll posts - flaming
Joined
Jun 3, 2006
Location
Hell on Earth
I wouldn't have posted it but it did come from a CC server.

Return-path: <bounce@mail1.casinocoins.com>
Envelope-to: admin@xxxxxxxxxxxx.com
Delivery-date: Mon, 16 May 2011 14:26:09 -0700
Received: from [216.105.90.27] (helo=mail1.casinocoins.com)
by xxxxxxxxxxxx.com with esmtp (Exim 4.69)
(envelope-from <bounce@mail1.casinocoins.com>)
id 1QM5Im-0004hC-O0
for admin@xxxxxxxxx.com; Mon, 16 May 2011 14:26:09 -0700
Received: from caribbeangold.com ([10.100.4.128])
by mail1.casinocoins.com (StrongMail Enterprise 4.1.1.4(4.1.1.4-47689)); Mon, 16 May 2011 21:25:21 +0000
X-VirtualServer: casinocoins.com, mail1.casinocoins.com, 10.100.4.27
X-VirtualServerGroup: casinocoins.com
X-MailingID: 1181257877::219948::135111::77523::media44::11846
X-SMHeaderMap: mid="X-MailingID"
X-Mailer: StrongMail Enterprise 4.1.1.4(4.1.1.4-47689)
X-Destination-ID: admin@xxxxxxxxx.com
X-SMFBL: YWRtaW5AbG90czBjYXNoLmNvbQ==
Content-Disposition: inline
Content-Transfer-Encoding: 7bit
Content-Type: text/plain;
charset="UTF-8"
Reply-To: info@casinocoins.com
MIME-Version: 1.0
Message-ID: <1181257877.11846@casinocoins.com>
Subject: Casino Coins Update
Date: Mon, 16 May 2011 21:25:21 +0000
To: admin@xxxxxxxx.com
From: "Casino Coins" <info@casinocoins.com>
 

Nifty29

Dormant account
Joined
Jun 20, 2001
Location
Turn right, then right. then right again
Interesting.

Could it be that they are doing a "Grand Prive" and just dumping all the affiliates? Just seems odd they would talk about affiliate payments if things were going to continue as normal.

The strategy might be to stop taking new players for a little while and clear the affy payments, and then start a direct marketing campaign.
 

bonustreak

Senior Member
webmeister
Joined
Nov 19, 2004
Location
Home Office
It is true they have closed the affiliate program and will continue to let existing players play. They may pay affiliates for a few months but I think even that will die down just as VIP casino did when that closed.
 

leonardo99

Senior Member
webmeister
PABaccred
MM
Joined
Sep 28, 2010
Location
romania
I know this has to be a joke.
Who the H is Binkie,:eek: & I am no Binkie lol
If you send emails out at least have my name right.

Received the same email...but with the wrong username..It's seems to be true..
I'm only afiliate there because they not accept Romania players, so I can't say I'm sorry...
Dear bonusgamble
asino Coins will no longer be accepting new customers effective May 16th, 2011. .........
 

KasinoKing

WebMeister & Slotaholic..
webmeister
PABnonaccred
CAG
MM
Joined
Aug 25, 2004
Location
Bexhill on sea, England
My e-mail had the wrong name on it too - it said "Dear mcraigh" - apparently every affiliate's name was wrong...! :confused:

Does seem that this is really happening, though it's VERY strange that there is no indication of this on the Casino Coins website - it just looks like business as usual;
In the "What's New" tab it just has a banner for the Dublin iShow which is next week. I wonder if they'll turn up there and face some tough questions from their affiliates!

I wonder if Bryan knows what's going on - these are accredited casinos after all...

KK
 

Casinomeister

Forum Cheermeister
Staff member
Joined
Jun 30, 1998
Location
Bierland
Well, I guess I'm now "listobonus" :rolleyes:

I wonder who got my email :p

Very odd. Normally, I'd get a heads up on what's going on. Doesn't look good to me.
 

Redbush54

Full Member
webmeister
PABaccred
Joined
Oct 4, 2008
Location
At the end of the rainbow
Not everyone got the wrong name on the email.........some of us are still waiting to receive the email. Should have know something was coming down about 3 months ago when they let Janet and about 10 other employees go.
 

lots0

Banned User - troll posts - flaming
Joined
Jun 3, 2006
Location
Hell on Earth
If they ripped you off why do you still play there ?
LOL - I don't - I only played there once. Years ago. But, I also did business with them, for a very short period of time... that was where they ripped me off. In fact, it was Casinomeister that helped me get my money from CC... Thanks again Bryan and Max!

I wouldn't put anything past these guys...I put them on a par with Grand Privy.

I did hear one little fat bird whispering about a plan to reduce costs and get rid of affiliates... But the fat bird was really drunk... so ya just never know. ;)
 

Rhyzz

Full Member
Joined
Jan 4, 2008
Location
United Kingdom
Never understood this particular model, if the affiliates are making money then so is the operator, so it's not exactly a cost, it's a benefit. If they think they can do direct marketing though without the help of affiliates, best of luck to them, there will just be uproar if they pull a GP stunt and shut off future revenues.
 

Casinomeister

Forum Cheermeister
Staff member
Joined
Jun 30, 1998
Location
Bierland
Well, I'm not about to speculate - I'm just going to wait for them to either respond here or come out with a statement. Their casino rep is aware of this thread, so I hope it's sooner than later.
 

Casinomeister

Forum Cheermeister
Staff member
Joined
Jun 30, 1998
Location
Bierland
Well, just spoke to John Olson on the phone, and yes, it's true they are not taking on any new players. :(

They've taken the news of Black Friday pretty serious and are going to focus on retention for the time being. Casino Coins is being shut down.

They will be looking at options to take new non-US players in the future, but for now they won't be taking any.

Their status at Casinomeister is still the same - as long as they maintain a presence in the forum and maintain the standards for their current players, I don't have a problem with them.

Nick will be in Dublin next week if you want to buy him a beer.
 

lots0

Banned User - troll posts - flaming
Joined
Jun 3, 2006
Location
Hell on Earth
Never understood this particular model, if the affiliates are making money then so is the operator, so it's not exactly a cost, it's a benefit. If they think they can do direct marketing though without the help of affiliates, best of luck to them, there will just be uproar if they pull a GP stunt and shut off future revenues.
It will be interesting to see what happens.
I almost feel like taking some bets on this...
What kind of odds do you think I should give for CC shorting affiliates in the long run?
 

Tengil

Senior Member
Joined
May 4, 2006
Location
Finland
Never understood this particular model, if the affiliates are making money then so is the operator, so it's not exactly a cost, it's a benefit. If they think they can do direct marketing though without the help of affiliates, best of luck to them, there will just be uproar if they pull a GP stunt and shut off future revenues.

Not that simple. Revshare for example is based on revenue not profit. The affiliate may well get some nice profit from the players they sent when the casino may struggle to break even. Add in if theres no negative carryover and the difference may be huge (relatively) in favour of the affiliate.

Revshare is only good for the casino as long as the affiliates bring in new players.

So as some have said its very likely CC will shut down the affiliate program down in the near future.
 

Casinomeister

Forum Cheermeister
Staff member
Joined
Jun 30, 1998
Location
Bierland
By shutting down meant that they will stop payments to affiliates for existing players at some time.

No, shutting down means that they will no longer be marketing the casinos; they will focus on retention. No one said anything about stop paying affiliates, or players for that matter.
 
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