Just received this email from AGD regarding Rival:
Important! Rival Casinos, Progressive Deductions, Processor Confiscations and Affiliates
Progressive Deductions:
Many Rival Casinos have begun taking progressive deductions from affiliate accounts. This means that for each $1.00 wagered on a progressive jackpot, you (the affiliate) will owe a percentage back to Rival.
Example (Assumption 3% Progressive Fee, 30% revshare): Your player has deposited $100. While playing Major Moolah, a progressive slot, your player has wagered a total of $2,000 (includes both wins and losses).
Your 'Progressive Fee' would be: 3% of $2,000 = $60.
If this were your ONLY player, you would earn: 30% * $100 - $60 = $12. {12% Revshare}
This change WILL decrease your affiliate commissions if you have progressive players and can lower your revenue share by quite a bit if your largest players are progressive slots players.
This is a Retroactive Change to affiliate contracts and considered predatory.
Processor Confiscations:
The driver behind the processor confiscations is the recent Mastercard issue whereby player's deposits were no longer honored by Mastercard. Rival decided that affiliates should pay for those (and future) confiscations and have decided to penalize affiliate accounts. It appears that Rival wants to make affiliates liable for processor confiscations as they are calling them 'bad deposits' in the stats engine. With the 'lazy-stats', an affiliate is lost as to whether this 'bad deposit' was due to a chargeback, a Mastercard issue, or if the deduction is 100% of the lost deposit instead of the affiliate's share.
This is a Retroactive Change to affiliate contracts and considered predatory.
Man Rival is heading for a tough time in an industry that is also losing players