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Nostalgia and Aztec Change Affiliate Companies?

Discussion in 'Online Casinos' started by Pinababy69, Apr 7, 2006.

    Apr 7, 2006
  1. Pinababy69

    Pinababy69 RIP Lisa

    Occupation:
    Crusader
    Location:
    Toronto, Ontario - Canada
    Hi Everyone,

    An important announcement from CasinoProfitShare.

    Effective as of the 24th of April, the following changes will occur :


    CasinoProfitShare has purchased Nostalgia Casino, its players and affiliates from the Adriches Program.

    Aztec Riches Casino has been purchased by CasinoRewards.

    Aztec Riches Poker has been purchased by PokerRewards.



    These are strategic acquisitions by the involved parties in ensuring the future success of the casinos and the development of their related affiliate programs.

    The final day for Aztec Riches Poker and Aztec Riches Casino affiliate payments will be paid at the end of month, with the rest of the CasinoProfitShare affiliate payments. During this period we ask affiliates to please be patient while we migrate the casino and their players across to the new casino programs.

    Please be assured all affiliate commissions past, present and future will be honoured by all parties.

    If you have any questions, please do not hesitate to contact the CasinoProfitShare Administrator at This email is not visible to you..

    Kind regards,

    Casino Profit Share


    All these changes in the last month, I don't even know who's with who anymore. :confused:


    Phoenician Casino and the Adriches affiliate program has been purchased by CasinoRewards.

    And Rakesh just posted this at CAP....so I guess Adriches will cease to exist altogether? Wow, many changes in the last month...the Wagershare/Money Mechanic one for starters.

    This probably should have been posted in the Webmasters section I guess, but I don't have access there....sorry.
     
    Last edited: Apr 7, 2006
  2. Apr 7, 2006
  3. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    Phoenician is included in this deal as well, I hear.

    These guys need to issue a press release for the gambling public at large so people know who belongs to who....
     
  4. Apr 7, 2006
  5. Pinababy69

    Pinababy69 RIP Lisa

    Occupation:
    Crusader
    Location:
    Toronto, Ontario - Canada
    No kidding Jetset, I'm still trying to figure it out. From what Rakesh posted, it seems Phoenician is going to Casino Rewards, and I guess Nostalgia is going to CasinoProfit Share. And Aztec is going to Casino Rewards as well? I'm gonna have to hire a secretary to start keeping track of all this. :confused:
     
  6. Apr 7, 2006
  7. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    There have been rumours about ITS Management (Casino Rewards group) taking over Nostalgia and Phoenician recently, so this confirms that.

    I hadn't heard anything about Aztec Riches as well though....that took me by surprise.

    Looks like Casino Rewards is expanding fast - remember they took over Tom Dick's Captain Cooks etc group a while back, too.

    I hope they are attending to the complaints we have seen here of W/T rollovers, rude CS and bad communications
     
  8. Apr 7, 2006
  9. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    Just to add to the confusion, this Aussie press report suggests to me that Phoenician (which belongs to the Tusk group as far as I am aware) has actually been bought by some other outfit - there might be some misinterpretations between casino ownership change and affiliate deals here I suppose.

    You'll note that members of the Aztech Riches group are named in here along with Nostalgia and others.

    This dates from March 30, '06 btw:

    ONE of the state's wealthiest businessmen, Ken Talbot, has increased his exposure to online gambling as a result of a $19.37 million acquisition by listed Brisbane gaming group Global Approach.

    Global, headed by executive chairman David Barwick, yesterday said it was acquiring another local company, Tusk Investment Corporation, a group established in 2001 which owns and operates a portfolio of online casinos and poker rooms.

    Tusk's major shareholders are Mr Talbot's MDA Capital, which holds a 59 per cent stake; James Canning-Ure, 19.5 per cent; Brian Cooke 19.5 per cent; and Anthony Say, with 2 per cent.

    To pay for the acquisition Global will issue 155 million new shares to Tusk at 12.5¢ a share, compared with Global's pre-trading halt price of 11¢.

    The deal means Mr Talbot's MDA Capital will increase its holding in Global from 20 per cent currently to 48 per cent, effectively taking a greater stake in the growing online gaming industry.

    "The acquisition of Tusk will create one of Australia's premiere online gaming companies and take the number of Global's depositing casino players from 42,000 to 151,000," Mr Barwick said.

    Australian gamblers are not allowed to utilise the Global service, with 100 per cent of subscribers being from overseas, notably the US, Asia, the UK and Europe.

    "The portfolio of online casinos and poker rooms will give the company critical mass to compete on a global scale and in turn should reduce operational risks associated with the gaming industry," Mr Barwick said.

    Presuming Global shareholders approve the deal at a scheduled meeting on June 9, local director Don Nissen, a director of Mr Talbot's Macarthur Coal, will join the Global board as a non-executive director.

    Former Golden Casket marketing and business development operative Brian Cooke will also join the board as a non-executive director.

    After the acquisition, the board will comprise Mr Barwick, Mr Nissen, Mr Canning-Ure, along with local directors Mike Veverka, Alan Phillips and Bill Lyne.

    Global will subsequently own casino brands and associated websites – Golden Reef, Challenge Casino, Nostalgia Casino, Music Hall Casino and UK Casino Club.

    It will also hold online poker identities and attached websites – My Poker Profit, Beach Club Poker and Poker Metro.

    "Their (Tusk) casino operations are far more mature and it gives us a double whammy of good strategic alliances and strong growth prospects," Mr Barwick said.

    Global has also commissioned an independent expert's report on the deal and has an incentive plan for Tusk employees involving the issue of 10 million options to senior Tusk management at 15¢ an option, subject to shareholder approval.

    You must register/login in order to see the link.
     
  10. Apr 7, 2006
  11. vinylweatherman

    vinylweatherman You type well loads CAG MM

    Occupation:
    STILL At Leisure
    Location:
    United Kingdom
    Worry!

    As a player, the one BIG worry is the involvement of Casino Rewards, with their confiscatory attitude to bonuses already earned, their "secret" definitions of "risking your own funds", and poor CS. I don't want to wake up and find my bonuses and points earned with Casino Action locked, and I want to be certain WHO is offering my next bonus deal at Aztec Riches and Phoenician. This is an announcement to affiliates, players at the casinos are in the dark. The important thing is that Casino Action are Casinomeister accredited casinos, Casino Rewards have been nominated for rogue status.

    I will see what Casino Action player CS have to say about this!
     
  12. Apr 7, 2006
  13. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    That's two more casino's on the blacklist then... :(
     
  14. Apr 7, 2006
  15. vinylweatherman

    vinylweatherman You type well loads CAG MM

    Occupation:
    STILL At Leisure
    Location:
    United Kingdom
    Quite

    I have already removed Aztec Riches from my website - I don't want any UK Fruit machine players getting screwed over on bonuses and blaming me!

    I already had a watch on the Aztec Riches poker because the website looked like the outfit had stopped running any tournaments after December 2005 - now I know what was going on!

    I will ensure I have no money in Phoenician or Aztec on 23rd, especially any cashable reward points. I will probably replace them by opening an account at Nostalgia.

    Casino Rewards could always take this as an opportunity to change it's ways though, and win back the trust of players.
     
  16. Apr 7, 2006
  17. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    "I will see what Casino Action player CS have to say about this!"

    Keep us in the picture if you find out anything else about this, Vinyl - we're trying to get clarity on these moves as well, but some of these guys are not what you would call good communicators...
     
  18. Apr 7, 2006
  19. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Yeah... and Saddam Hussein could win a total pardon & be granted US citizenship...
     
  20. Apr 7, 2006
  21. Pinababy69

    Pinababy69 RIP Lisa

    Occupation:
    Crusader
    Location:
    Toronto, Ontario - Canada
    Yep, what a shame to lose Phoenician and Aztec to Rewards, I was half asleep this morning and it never even dawned on me. :oops:
     
  22. Apr 7, 2006
  23. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    Casino Action group (Microgaming software)

    Golden Reef

    Music Hall

    Challenge

    Aztec Riches

    Aztec Riches- Poker

    Poker-Metro

    1 December 2004 the merged and formerly RTG powered Phoenician-Nostalgia group of online casinos announced that it has changed to Microgaming software and would be assimilated into the Casino Action Group, with affiliates through Adriches.


    Casino Rewards Group (Microgaming software)

    Golden Tiger (and poker room) (ITSmanagement.net)

    Blackjack Ballroom

    Virtual City (and poker room)

    Zodiac

    Strike It Lucky

    Lucky Emperor

    Yukon Gold

    Integrity Casinos Limited (Tom Dick) taken over April 2005 with following casinos:

    Captain Cooks

    Casino Classic

    Casino Kingdom

    Read in conjunction with post 5 here this is starting to make sense.
     
    1 person likes this.
  24. Apr 7, 2006
  25. vinylweatherman

    vinylweatherman You type well loads CAG MM

    Occupation:
    STILL At Leisure
    Location:
    United Kingdom
    I have been told I will have to wait till Monday when management are back in the office.

    Seems as though CS at Casino Action have not yet been told anything!
    Might explain the lack of response to a more routine query on Tuesday, management were clearly busy putting this together.

    Still not clear whether this is an ownership change alone, or whether Aztec and Phoenician will be turned over the the tender mercies of Casino Rewards CS and bonus rules.

    What would help would be for Casino Rewards to sack all it's CS and contract Casino Action to run the CS for their casinos. The new bonus scheme at Casino Action allows a withdrawal at any time, unearned bonus is lost, but if part of the WR has been done then part of the bonus becomes cashable - the rates are not secret, it's 30x bonus (slots), 60x tables, but.... 300x Blackjack and VP. Having the WR as a multiple of bonus is something other casinos should consider as it moves value away from the big 100%+ bonuses towards the lesser 50% or 25% loyalty matches.
     
  26. Apr 8, 2006
  27. CasinoForumu

    CasinoForumu Dormant account

    Occupation:
    Manager
    Location:
    Bursa
    I hope nothing will change with phoenician and nostalgia.Will phoenician remove instant payouts?I am they wont.
     
  28. Apr 8, 2006
  29. schankwart

    schankwart Banned User - violation of <a href="http://www.ca

    Occupation:
    Secret Agent
    Location:
    Colony Gamma
    Why would you still want to play at either of them under Casino Rewards membership? :confused:

    The expansion of this group scares me as they are the biggest Microgaming-cheaters out there. I would really like to know what kind of players are supporting this group still, so they can afford to even add new joints to their axis of evil.

    -What horrible news this is...! What a sad ending for my Platinum VIP membership with Aztec, Phoenician & Co.
     
  30. Apr 9, 2006
  31. CasinoForumu

    CasinoForumu Dormant account

    Occupation:
    Manager
    Location:
    Bursa
    They have problems with only bonuses.
    I play there (may be everyday),I win %80 of days that I play.I am at positive there.May be totally I deposit there 5000$ and withdraw more than 20,000$ in last 2 years.They pay me in 2-3 days.

    I know they have some problems with bonuses,but I dont use their bonuses.Only deposit,play and cashout.So I cannot stop to play there.

    But when a friend want advice from me about one of casinorewards' casinos,I say him about their problems with their bonuses.They dont play but I continue to playing.Because I am not interested with their bonuses.

    Of course if they solve their problem with bonuses,they will be better.

    I think there are players think like me,as you see,casinorewards buy a new casino every 6 months.

    (But I wont let them to buy a new one : )
     
  32. Apr 10, 2006
  33. Rakesh

    Rakesh Dormant account

    Occupation:
    Tax Payer
    Location:
    Brisbane
    Hi all,

    Hope this confirms and dispells a few things, I can confirm that the ownership and management of Aztec Riches and Phoenician will change from 24th April to CasinoRewards.

    Casino Action will however continue to manage Challenge, UK Casino Club, Nostalgia, Music Hall and Golden Reef.

    Cheers
    Regards
    Rakesh
     
  34. Apr 10, 2006
  35. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    Thanks for coming in here to keep everyone up to date, Rakesh.

    Perhaps for added clarity and information you would be good enough to post here a complete list of:

    (a) Those operations that will be run by Casino Action group once these arrangements have been completed and

    (b) The same for those operations that are to fall under Casino Rewards/ITS

    Are these actually transfers of ownership of the various casinos within the two seperate business groups?
     
  36. Apr 11, 2006
  37. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    *BUMP*

    Rakesh - this clarification would be appreciated. How come there is no press release from the two groups on this - it is a major reshuffle.
     
  38. Apr 12, 2006
  39. Rakesh

    Rakesh Dormant account

    Occupation:
    Tax Payer
    Location:
    Brisbane
    Hi all,

    Glad I could be of service. To answer your queries:

    (a) Those operations that will be run by Casino Action group once these arrangements have been completed and
    The Casino Action Group of casinos will continue to operate as it always has, minus the Aztec and Phoenician Brands. Nostalgia will be transferred from Adriches into the CasinoProfitShare affiliate program. Casino Action will will continue to operate as usual. You will not see features such as Instant Payments disappear.


    (b) The same for those operations that are to fall under Casino Rewards/ITS
    Casino Rewards/ITS have taken ownership and will incorporate Phoenician, and the Aztec brands into Casino Rewards. Phoenician Casino, and the Aztec Brands will be owned and managed by the ITS/Casino Rewards group. Features such as Instant Payments will not come across to Casino Rewards. Phoenician and Aztec players are expected to be migrated to ITS/CasinoRewards on the 24th, and affiliates will migrated across to Casino Rewards/ITS on the 18-19th.

    Management will be releasing a press release in the coming days, they are in transit at the moment returning from a conference.

    Cheers
    Regards
    Rakesh
     

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