Fortune Affiliates Retroactive Terms

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Kudos to Wager Junction and Greg!

Kudos to Brightshare who removed a pre-existing clause which required affiliates to generate continuous, monthly, new real player traffic. Nobody asked them to do this.

Kudos to Roxy Affiliates, who also listened to their affiliate partners and reversed a proposed change in their T&C's a few weeks back.

As far as Referback's pathetic change is concerned, I figure they're still screwing us, only now they've applied a thin layer of lubricant.

I heard a rumor that Referback and Fortune Affiliates are owned by the same group? Is there any truth to this?
 
I heard a rumor that Referback and Fortune Affiliates are owned by the same group? Is there any truth to this?

ROFLMAO!!!

Where do people come up with this stuff???

I mean, seriously--where DO people come up with this stuff? The easiest way to squash this rumour is to ask those spreading it, to cough up proof.

This is just plain goofy.
 
rowmare said:
I heard a rumor that Referback and Fortune Affiliates are owned by the same group? Is there any truth to this?
As far as I know, it's only a rumour. No one tells me shit :D

But who knows...

And if so, so what? Would it make any difference that Carmen Media owns both FL and Bellerock? That's something to get your head around.
 
It would indeed be interesting if true.

Fortune, Belle Rock, ProcCyber and Microgaming are said to be owned by Carmen Media.

They would pretty much be a huge conglamorate controlling much of the online gambling scene.

They would also be taking a very huge beating now as affiliates are pulling Referback and Fortune. They would also have to be having to favor Fortune much over Belle Rock because the bad terms set forth by Referback are overshadowing the Fortune breach of contract by far. This even though RB's mess has no permanent consequences other than making Referback unattractive to promote. Fortune's breach of contract sets precendent and can make contracts in this industry useless in the future.

If this ownership scenario is true, these are bad days for Carmen Media though. They are coming off many, many affiliate sites, major affiliates too.
 
greedygirl said:
ROFLMAO!!!

Where do people come up with this stuff???

I mean, seriously--where DO people come up with this stuff? The easiest way to squash this rumour is to ask those spreading it, to cough up proof.

This is just plain goofy.

That's why I asked, Greedy. I have heard this through numerous sources, but have not seen any proof. It's spreading around and I would like some clarification.

You didn't offer any proof or explanation as what is goofy about it. Do you have any information that would disprove this rumor that you would like to share with the class?
 
Someone is spreading rumors, but I believe they are untrue. I will, however, assure you that the last claim that Dom posted is DEFINITELY not true.
 
greedygirl said:
ROFLMAO!!!

Where do people come up with this stuff???

I mean, seriously--where DO people come up with this stuff? The easiest way to squash this rumour is to ask those spreading it, to cough up proof.

This is just plain goofy.


Lol - i came up with this one actually. I probably shouldn't reveal my source, but lets just say if they are wrong, then one of those groups needs to do some In-House Training rather rapidly :D
 
Finally - good news for Fortune Affiliates!

Terms and Conditions
--------------------------------------------------------------------------------

We have reviewed the impact of the recent rule change over the past two months, and have decided to revert to the commission formula as existed prior to the July 1 change.

We have been motivated to do this in the interests of maintaining our good relations with the Affiliate community. At the end of the day, relationship benefits are the most important to us.

This switch back will be effective September 1st, 2005.

Throughout these recent conversations, it is clear that some Affiliates are still concerned about the impact that winners can have on their earnings (ie. within one of our brands). We are therefore developing a new model that will be offered as an option to all existing Affiliates along the following principles:

Participating Affiliates will be paid 0.6% of their players total wagering
NO COSTS will be deducted e.g. comps or progressive contributions
NO DOWNSIDE. If your player plays, then you must earn. There will be no such phenomenon as negative earnings

Note that due to this model still being in the development stages, the above information is a sneak preview only and not absolutely finalized.

As regards any changes we may introduce in future, you can rest assured that new conditions will not be applied to existing players without your buy-in.

As you can see, we have your best interests at heart, as always, and will continue to give you the benefits that make Fortune Affiliates one of the most competitive in the market. With casino clients that have proven to have the best offers, conversion, retention and support.

Fortune Affiliates

__________________
Fortune Affiliates
www.fortuneaffiliates.com
 
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