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IMPORTANT - CAP Euro Event Changes

Discussion in 'Casino Industry Discussion' started by alexpratt, Mar 12, 2009.

    Mar 12, 2009
  1. alexpratt

    alexpratt Dormant account

    Occupation:
    Publisher
    Location:
    London
    Hi all,

    Please see below some PR on the CAP events that will be going out today - Don't worry the changes are all 100% positive in that everything that was great about the events will be retained but admission will be easier for all affiliates and their will be a name change so the event will be 100% independent.

    I am in Budapest today sorting the venue and parties for our September event so may not be able to respond to any questions but don't worry I will reply - Also have to announce the key note who I think is awesome!

    The new site by the way will be up by Tues so please continue to use the old sites for the moment.

    Speak soon
     
    1 person likes this.
  2. Mar 12, 2009
  3. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Thanks Alex!

    If the poker is going ahead, I might just make the trip! :thumbsup:


    I found this part of the press release the most amusing:-
    i.e. Trying to rescue the last few remnants of what was once a great portal until is was decimated by it's two owners going into self-destruct mode...

    If either of those two proven liars and cheats are still in charge, it will never get back to how it was before...

    It's tragic. :(
    KK
     
    5 people like this.
  4. Mar 12, 2009
  5. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    Glad to see a move toward harmony in the affiliate space by opening up admission to non-CAP affiliates, too.

    Was any consideration paid to CAP by iGaming Business as a quid pro quo for taking over the events going forward, or did CAP et al simply relinquish control?
     
    1 person likes this.
  6. Mar 12, 2009
  7. Webzcas

    Webzcas Winter is Coming!

    Occupation:
    Webmaster
    Location:
    Block S25, South Stand, Ashton Gate, BS3
    This makes sense Alex and is a good move not only on your company's part, but also that of Affiliate Media. Credit where credit is due.

    By all accounts iGaming Business puts on great conventions and I am glad that you can continue to do so - even more so now that you are opening it up to non cap affiliates.
     
  8. Mar 13, 2009
  9. justred

    justred Webmeister webmeister

    Occupation:
    Webmaster
    Location:
    AU
    A forced move to disassociate from CAP?

    Question is, does CAP still make the same money they would have before when it was named CAP?
     
  10. Mar 13, 2009
  11. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    That almost certainly had something to do with it, that and the need to do some damage limitation perhaps, but I can't see CAP management letting a lucrative business like this go for zip, hence my still unanswered question about what consideration was paid.

    Or is there perhaps an under-the-counter revenue sharing deal going on here out of the public eye?

    I hate to be cynical, but after the events of the last few months I believe almost anything is possible....

    By the way, JustRed, I like your signature "A proudly single dimensional affiliate!"
     
    2 people like this.
  12. Mar 13, 2009
  13. alexpratt

    alexpratt Dormant account

    Occupation:
    Publisher
    Location:
    London
    Hi sorry for late reply - Have been in Budapest which by the way is an incredible city and is going to be perfect for the Sept event - Just need someone to sponsor this boat I went on - Bloody amazing complete with indoor pool and massive open air roof deck

    Anyway - back to business -

    The ASOP is happening there is some strict legal stuff we need to work out but its all good and will eb happening = More info on that in the next two weeks

    The registration system for teh event is an external company which we used so no need to reregister because we look after all teh back end for that and as such it will all flip over by Tuesday with the new website

    The deal - It is still complicated - Sorry rubbish answer I know - The first thing we really wanted to do was relaunch the name and makes some fundamental changes which included letting all affiliates in, charging the same for all operators (don't worry rogues will not be allowed) This has taken a bit of time - As i say in the PR though CAP do genuinely want to concentrate on their offering and sorting that so it reflects what the sector wants - This worked well for us as it meant we could take on the events 100% which is what we were pretty much doing anyway.

    The rule I have is what ever the deal it won't be hidden and will stand the "Gambling 911" litmas test - Please bare with me

    I really love putting on these events and have learnt a shed load over the past two years (prior to these I had never done an event in my life) but most of all I want them to continue to be great, offer value to everyone and for us all to use them for business, relaxation, fun, networking, etc SO hopefully now we can get back on track :thumbsup:
     
    1 person likes this.
  14. Mar 13, 2009
  15. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    "Gambling911 litmus test" LOL!

    So in summary transparency on this deal has not yet quite arrived.....
     
  16. Mar 13, 2009
  17. alexpratt

    alexpratt Dormant account

    Occupation:
    Publisher
    Location:
    London
    Can't really discuss a lot of what is happening in a public forum as you probably understand since we working a lot of stuff out at the moment and none of it is finalised but there is a lot of chat going on and things are changing for the better.

    What I dopn't want to do is simply BS and tell you a load of crap so please bare with me on that one so I can pass the litmas test :)
     
  18. Mar 14, 2009
  19. luckydabberbingo

    luckydabberbingo Experienced Member webmeister

    Occupation:
    webmaster
    Location:
    In A shoe
    I havent had time to study up on the complete company /subcompaines of CAP/Lou /Warren but do they own any part of Igaming Business?If effective Media/Affiliate Media or any of Lou and Warren's comparnies are still invested in these events then it is nothing more than a name change and damage control Move.
    Or are they letting Alex take over their event as a front person while still in the back room counting their cash?Enquiring Minds want to know :)I know alex always organised events but Cap always got the credit -just trying to understand the financial relationship here and no reflection on what I think of Alex.
     
    3 people like this.
  20. Mar 14, 2009
  21. alexpratt

    alexpratt Dormant account

    Occupation:
    Publisher
    Location:
    London
    Hey There,

    iGaming Business has zerom ownership ties with CAP, the owners, or shareholders - It is a business owned by a company called Electricword which is floated on the London Stock Exchange so v easy to check out - Here is the parent and corporate site which isn't very exciting as its for investors and shareholders You must register/login in order to see the link. As you can see we work in loads of different markets including education and sport

    In terms of the financial side of the events - It is all being discussed and is honestly up in the air right now - I understand people's waryness (how do you spell that?) especially based on past statements etc but I, the events, the magazine etc have always been decent and honest and put affiliates interest first and I promise I will continue this going forward - When things are finalised and clear I will update everyone
     
    2 people like this.
  22. Mar 14, 2009
  23. winbig

    winbig Keep winning this amount.

    Occupation:
    Bum
    Location:
    Pennsylvania
    Wish I could be there, would love to hear Dave Irvine's keynote speech and Q&A session. :thumbsup:
     
    1 person likes this.
  24. Mar 14, 2009
  25. alexpratt

    alexpratt Dormant account

    Occupation:
    Publisher
    Location:
    London
    Hopefully (99%) we will record this and get it up online and if you have any questions let me know and I will get them asked
     
    2 people like this.
  26. Mar 14, 2009
  27. winbig

    winbig Keep winning this amount.

    Occupation:
    Bum
    Location:
    Pennsylvania
    I'm sure others will come up with better questions than I could, so I'm sure they'll get covered..:)

    Any chance you guys will stream this live, seeing as how it's free for affiliates now?
     
    3 people like this.
  28. Mar 15, 2009
  29. alexpratt

    alexpratt Dormant account

    Occupation:
    Publisher
    Location:
    London
    Will look into it - We did that at another conference and it worked well but not sure if it was super expensive or not. I will let you know
     
  30. Mar 15, 2009
  31. jas2587

    jas2587 Ueber Meister

    Occupation:
    none
    Location:
    FL
    just have Warren pay with the 2 or 3 Million he allegedly took outta the CAP account :eek:

    Cindy
     
    1 person likes this.
  32. Mar 18, 2009
  33. alexpratt

    alexpratt Dormant account

    Occupation:
    Publisher
    Location:
    London
    Hi All,

    The above email is regarding the online offering from CAP and has zero relevence on the events so please can we not make this a CAP bashing thread as I genuinely want to maintain the success we have had with the events and build them up even more.

    So far the reaction to what we are doing has been positive and although some people are questioning the deal which is understandable based on the past, this is a minority. Please remember the events and mag have always been top notch and have 100% been about putting affiliates first and for them to be swallowed up in the politics of the situation would be massively disapointing when we have come so far with them.

    If you have any questiosn regarding the events, our plans, the relaunch, etc please feel free.


    Cheers

    Alex
     
    2 people like this.
  34. Mar 18, 2009
  35. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    Occupation:
    Homemaker
    Location:
    Bierland
    Admin warning: thread derailment

    Okay - let's stop derailing the thread. CAP's new management has nothing to do with what Alex is doing
     
  36. Mar 18, 2009
  37. RobWin

    RobWin closed account

    Occupation:
    Who knows?
    Location:
    A Vault!
    So basically then what Alex is saying is that Lou and Warren will no longer have any monetary benefit from Alex's' efforts of promoting the CAP Brand, as in the CAP Events and the CAP Magazine and other marketing material and events that have benefited the CAP brothers over the years...is that what you guys are saying here now??

    Just trying to get my head wrapped around the fact that as hard as Alex is still promoting the CAP brand that it will or will not benefit Lou and Warren here.

    I mean, can we please state it like it really is...thanks.
     
    2 people like this.
  38. Mar 18, 2009
  39. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    Occupation:
    Homemaker
    Location:
    Bierland
    Don't minding stating like it really is, but keeping things in order is the prerogative here :D

    This thread is about the events - the discussion on CAP's new management can be found here:
    http://www.casinomeister.com/forums...-affiliate-programs-under-new-management.html
     
    2 people like this.

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