Terms and Conditions: Gaming Innovation Group Affiliate Program

Version: 3 – 1st November 2017

The affiliate program for Gaming Innovation Group’s brands (the “Affiliate Program”) is provided by Mavrix Services Limited (hereinafter “The Company”), a company incorporated in Gibraltar, with its registered office located at 11A Cornwall´s Lane, GX11 1AA, Gibraltar and bearing company registration number 109326.

By completing the affiliate application to the affiliate program and clicking “I have read and agree to the affiliate terms and conditions (the “terms”)” within the registration form, you (hereinafter the “Affiliate”) hereby agree to participate in the affiliate program and abide by all the terms and conditions set out in this agreement. The outlined commission structure in clause 20 of this agreement shall be deemed to form an integral part thereof. The Company reserves the right to amend, alter, delete or extend any provisions of this agreement, at any time and at its sole discretion, without giving any advance notice to the affiliate subject to the terms set out in this agreement.

You shall be obliged to continuously comply with the terms of this agreement, the general terms and conditions and privacy policies of the websites www.betspin.com,  www.guts.comwww.rizk.comwww.superlenny.comwww.thrills.comwww.kaboo.com, and www.highroller.com(collectively referred to as the “Operators Websites”), as well as with any other rules and/or guidelines brought forward from time to time. An agreement between The Company and the Affiliate shall be coming into effect on the date when the affiliate application is approved in writing by the Company.

Definitions

  • “Agreement”means (i) all the terms and conditions set out in this document, (ii) the terms and conditions of the Commission Structure applicable to the different products, (iii) the General Terms and Conditions (iv) any other rules and/or guidelines of the Company and/or the Operator Websites made known to the Affiliate from time to time.
  • “Affiliate”means you, the person or entity, who applies to participate in the Affiliate Program.
  • “Affiliate Application”means the application below whereby the Affiliate applies to participate in the Affiliate Program.
  • “Affiliate Program”means the collaboration between the Company and the Affiliate whereby the Affiliate will promote the Operator Websites and create the Links Operator from New Customers in relation to casino activities less (a) monies paid out to New Customers as winnings, (b) bonus payouts (but excluding bonuses retracted), (c) administration and payment provider fees, (d) fraud costs, (e) charge-backs, returned from the Affiliate Website(s) to the Operator Websites and thereby be paid a commission as defined under this Agreement depending on the traffic generated to the Operator Websites subject to the terms and conditions of this Agreement and to the applicable product-specific Commission Structure.
  • “Affiliate Website(s)”means one or more websites on the Internet which are maintained and operated by the Affiliate.
  • “Commission” means the percentage of the Net Revenue as set out in the Commission Structure.
  • “Commission Structure”means the commission structure contained under Clause 18 below or any specific commission structure expressly agreed between the Company and the Affiliate.
  • “Company”means Mavrix Services Limited, a company incorporated in Gibraltar, with registration number 109326.
  • “Confidential Information”means any information of commercial or essential value for any of the Parties such as, but without limitation, financial reports and condition, trade secrets, know-how, prices, business information, products, strategies, databases, information about New Customers, other customers and users of the Operators Websites, technology, marketing plans and manners of operation.
  • “General Terms and Conditions”means the general terms and conditions which can be found on the brands’ websites. “Intellectual Property Rights” means any copyrights, patents, trademarks, service marks, inventions, domain names, brands, business names, utility brands, rights in computer software, source codes, rights in databases and know-how, design rights, confidential information, registrations of the aforesaid and/or any other rights in the nature of the aforesaid.
  • “Links”means internet hyperlinks from the Affiliate Website(s) to the Operators Websites.
  • “Net Revenue”means all monies received by the stakes and (g) monies paid out as duties or taxes; and for the avoidance of doubt, all amounts referred to above are only in relation amounts generated from New Customers referred to the Operator Websites by the Affiliate Website(s).
  • “New Customer”means a new first time customer on the Operator Websites having made a first deposit amounting to at least the applicable minimum deposit at the Operator Websites in the Operator Websites betting account in accordance with the applicable terms and conditions of the Operator Websites, but excluding the Affiliate, its employees, relatives and/or friends.
  • “Operators” means Betit Operations Limited, a company incorporated in Malta, with registration number C60173, and MT SecureTrade Limited, a company incorporated in Malta with registration number C56545, both Operators belong within Gaming Innovation Group’s group of companies.
  • “Operators Websites”means the online gaming websites operated and/or managed by the Operators (betspin.comwww.guts.comwww.rizk.comwww.superlenny.comwww.thrills.comwww.kaboo.com, and www.highroller.com)
  • “Parties” means the Company and the Affiliate (each a “Party”).

 

1 – Purpose

1.1 The Company is in the business of offering marketing, logistical and general support services in connection with the Operators’ business operations. The Company has entered into an agreement with the Operators, both of which are licensed by the Malta Gaming Authority and the UK Gambling Commission., The Company operates the Gaming Innovation Group Affiliate Program.

1.2 The Affiliate maintains and operates one or more websites on the internet (hereinafter collectively referred to as “Affiliate Website”), and/or refers potential customers to the Operators Websites through other marketing channels.

1.3 This Agreement governs the terms and conditions which are related to the promotion of the Operators Websites by the Affiliate, whereby the Affiliate will be paid a commission as defined in this Agreement depending on the traffic sent to the Operators’ Websites and as subject to the terms of this Agreement.

1.4 The definition of the term net revenue can be found within claus 20 of these terms. In the case of an introduction of another product, or group of products in the future, company and/or Gaming Innovation Group reserves the right to use an individual definition of the term net revenue for each product.

 

2 – Acceptance of an Affiliate

 The Company shall evaluate the affiliate application form hereby submitted and shall inform the applicant in writing (email) whether the requested membership is accepted or not. The Company reserves the right to refuse any registration in its sole and absolute discretion.

 

3 – Qualifying Conditions

3.1 The Affiliate hereby warrants that he/she:

A) is aged 18 or over, and is aged 21 or over in the case of the Affiliate being resident in Estonia.

B) is competent and duly authorized to enter into legally binding agreements.

C) is the proprietor of all rights, licenses, and permits to market, promote and advertise the Operators Websites in accordance with the provisions of this Agreement.

D) will comply with all applicable rules, laws, and regulations in correlation with the promotion of the Company Websites.

E) fully understands and accepts the terms of the Agreement.

 

4 – Responsibilities and Obligations of The Company

4.1 The Company shall provide the Affiliate with all required information and marketing material for the implementation of the tracking link.
4.2 The Company shall administer the turnover generated via the tracking links, record the net revenues and the total amount of commission earned via the link, provide the Affiliate with commission statistics, and handle all customer services related to the business. A unique tracking identification code will be assigned to all referred customers.
4.3 The Company shall pay the Affiliate the amount due depending on the traffic generated subject to the terms of this Agreement.

 

5 – Responsibilities and Obligations of The Affiliate

 

5.1 The Affiliate hereby represents and warrants:

A) to use its best efforts to actively and effectively advertise, market and promote the Operators Websites as widely as possible in order to maximize the benefit to the parties and to abide by the guidelines of The Company as they may be brought forward from time to time and/or as being published online.

B) to market and refer potential players to Operators Websites entirely at its own cost and expense. The Affiliate will be solely responsible for the distribution, content, and manner of its marketing activities. All of the Affiliate’s marketing activities must be professional, proper and lawful and conducted in accordance with applicable laws and all local conduct of business requirements.

C) to use only a tracking link provided within the scope of the Affiliate Program, otherwise, no warranty whatsoever can be assumed for proper registration and sales accounting. Also, not to change or modify in any way any link or marketing material without prior written authorization from the Company.

D) to be responsible for the development, the operation, and the maintenance of its own websites as well as for all material appearing on its own websites.

E) to comply with all advertising guidelines and legislation in any relevant markets in which such advertising is to appear either directly or indirectly, including but not limited to markets where the Operators are licensed; In Malta (www.mga.org.mt) and the UK (http://www.gamblingcommission.gov.uk).

 

5.2 The Affiliate further represents and warrants;

5.1.1 that it will not perform any act which is libelous, discriminatory, obscene, immoral, unlawful or otherwise unsuitable or which contains sexually explicit, pornographic, obscene or graphically violent material.

5.1.2 that it will not allow the targeting of any person who is under 18 years of age or who might be considered a vulnerable person, at all times ensuring that no advertising is likely to appeal to such persons.

5.1.3 that it will not allow the targeting of any jurisdiction where gambling and/or the promotion thereof is unlawful and/or illegal.

5.1.4 that it will not generate traffic to the Operator Websites by unlawful, illegal or fraudulent means, particularly but not limited to by:

5.1.5 that it will provide the Company, upon request, with any proposed draft e-mails or copies of proposed draft e-mails or SMSs, with any subsequent changes which have been agreed between You and the Company.

A) Sending spam. This includes all formats of spam, including but not limited to: Email marketing, SMS marketing, and direct mail marketing. The definition of spam is that when sending out affiliate communication, all leads have to follow the direct marketing guidelines and laws in the geographical area and the opt-in and unsubscribe processes are following these guidelines and laws.

B) Incorrect meta tags.

C) Registering as a player or making deposits directly or indirectly to any player account through his tracker(s) for its own personal use and/or the use of its relatives, friends, employees or other third parties, or in any other way attempt to artificially increase the commission payable or to otherwise defraud the Company. Violation of this provision shall be deemed to be fraud and give the Company unequivocal right to terminate the agreement with immediate effect and without notice, to close any related affiliate accounts and to retain any earnings of an affiliate who is found to violate this point.

D) Popups, popunders and cookie dropping. This includes but is not limited to popups, popunders and dropping customer cookies. If you have media sources/websites that do not contain libelous, discriminatory, obscene, unlawful or otherwise unsuitable material and you are planning pop ads campaigns, pre-approval from the affiliate team is required in all cases.

E) Matched Betting and Arbitrage Betting. The Affiliate must not promote our brand in connection with Matched Betting and Arbitrage Betting; Any method of betting or wagering which is intended to give players a guaranteed win with no risk, including but not limited to the use of free bets.

F) that it will not present its own websites in any way that might evoke any risk of confusion with Gaming Innovation Group and/or the Operators Websites and/or the Company and/or convey the impression that the affiliate’s own websites are partly or fully originated from Gaming Innovation Group and/or the Operators and/or the Company.

G) with the exception of the marketing materials as may be forwarded by the Company and/or made available online through the website https://www.gigaffiliates.com the Affiliate may not use the terms “Gaming Innovation Group”, “Guts”, “Betspin”, “Rizk”, ”Kaboo”, ”Thrills”, ”Superlenny”, ”Highroller.com” or other terms, trademarks and other intellectual property rights that are vested in the Company and/or ultimately owned by Gaming Innovation Group unless the Company or Gaming Innovation Group expressly consents to such use in writing.

H) that it will not purchase, attempt to register, or register keywords, search terms or other identifiers for use in any search engine, portal, sponsored advertising service or other search or referral service which are identical or similar to any of the Operators websites and trademarks, trade names or otherwise include the words “Guts”, “Betspin”, “Rizk”, ”Kaboo”, ”Thrills”, ”Superlenny”, ”Highroller” or variations thereof.

I) that it will not use any of the Operators Websites’ trademarks, trade names or otherwise include the terms “Guts”, “Betspin”, “Rizk”, ”Kaboo”, ”Thrills”, ”Superlenny”, ”Highroller” or variations that are confusingly similar, in affiliate URLs. Brand names may not be used in a derivative URL or subdomain.

J) that it will follow the market specific guidelines in detail that are stated on the separate marketing guidelines document available at gigaffiliates.com

K) that it will follow all UK marketing regulations and requirements, which are if the Affiliate is to promote the Operators Websites in The United Kingdom, all SMS, email, social, native and direct marketing are prohibited without prior written approval. Only SEO traffic and AdWords traffic is allowed in The United Kingdom without prior approval from the Company.

L) that it will ensure that any e-mail or SMS message shall include and/or display any relevant required details, particularly key promotion terms and conditions as required, together with any responsible gambling requirements (for example, ’18+’ icon, and a link to gambling charity websites). Further, all such e-mails or SMS messages shall contain the full name of the Afffiliate and address – and shall never purport to have been sent by the Company and/or the Operators. All e-mail messages shall contain a fully operational ’Unsubscribe’ link. All SMS messages shall contain a fully operations ’STOP’ or ’Unsubscribe’ option. The Affiliate expressly warrants that it shall maintain a fully updated register of all unsubscribe and STOP requests and corresponding e-mail addresses and mobile phone numbers, and the Company shall be entitled to receive a copy of such register immediately upon request.

M) that it will ensure suppression of any relevant e-mail address or mobile phone number from any relevant database immediately following any ’Unsubscribe’ or ’Opt-out’ option and/or request being activated by a recipient of any e-mail or SMS message. The same shall apply to any e-mail address or mobile phone number which is provided to the Affiliate by the Company.

 

6 – Payment

6.1 The Company agrees to pay the Affiliate a commission based on the net revenue generated from new customers referred by the affiliate’s website and/or other channels. New customers are those customers of the Operators who do not yet have and have not had a betting account with any Operators Website and who access the affiliate website via the tracking link and who properly register and make real money transfers at least equivalent to the minimum deposit into one of their Operators Websites betting account. The commission shall be deemed to be inclusive of value added tax or any other tax if applicable.

6.2 the commission shall be a percentage of the net revenue in accordance with what is set out in the commission structures for the particular product. The calculation is product specific and it is set out in every product-specific commission structure.

6.3 the commission is calculated in the beginning of each month, for previous month, and payments shall be performed by the fifteenth day of each calendar month, provided that the amount due exceeds €100 for bank wire transfers and €50 for Skrill and Neteller (minimum threshold). If the balance due is less than the minimum threshold, it shall be carried over to the following calendar month and shall be payable when the accrued balance exceeds the stipulated minimum threshold.

6.4 payment of commissions shall be made as per the payment method is chosen by the Affiliate in the affiliate account. If an error is made in calculating the commission, The Company reserves the right to correct such calculation at any time and will immediately pay out underpayment or reclaim overpayment made to the Affiliate.

6.5 acceptance of payment by the Affiliate shall be deemed to be full and the final settlement of the balance due for the period indicated.

6.6 if the Affiliate disagrees with the balance due as reported, it shall within a period of thirty (30) days send an email to the Company to support@gigaffiliates.com and indicate the reasons for such dispute. Failure to send an email within the prescribed time limit shall be deemed to be considered as an irrevocable acknowledgment of the balance due for the period indicated.

6.7 The Company may delay payment of any balance to the Affiliate for up to one hundred and eighty (180) days, while it investigates and verifies that the relevant transactions comply with the provisions of the terms.

6.8 no payment shall be due when the traffic generated is illegal or contravenes any provision of these terms.

6.9 the Affiliate agrees to return all commissions received based on fraudulent or falsified transactions, plus all costs for legal causes or actions that may be brought against the Affiliate to the fullest extent of the law.

6.10 for the sake of clarity the Parties specifically agree that upon termination of this Agreement by either party, the Affiliate shall no longer be entitled to receive any payment whatsoever from the Company, provided that payments already due (earned and unpaid commissions) shall be paid out.

6.11 at the sole discretion of the Company the affiliate may be given the opportunity to restructure its commission structure. Examples of alternative revenue sources could include a cost per acquisition (CPA) model. Once an affiliate opts to accept the Company’s offer for a different revenue structure to the standard commission structure outlined in article 20, then the affiliate is aware and hereby agrees and understands that the new proposed revenue structure shall replace his existing commission structure in its entirety. Notwithstanding the above, all the Affiliate’s obligations assumed under this present agreement will still continue to apply to the Affiliate up until the termination of this Agreement and thereafter in accordance with the terms and conditions contained in this Agreement.

6.12 the Affiliate shall be exclusively responsible for the payment of any and all taxes, levies, fees, charges and any other money payable or due both locally and abroad (if any) to any tax authority, department or other competent entity by the Affiliate as a result of the revenue generated under this agreement. The Company shall in no manner whatsoever be held liable for any amounts unpaid but found to be due by the Affiliate and the Affiliate hereby indemnifies the Company in that regard.

 

7 – Termination

 

7.1 this Agreement may be terminated by either party by giving a thirty (30) day written notification to the other party. Written notification may be given by an email.

7.2 the contracting parties hereby agree that upon the termination of this Agreement:

A) the Affiliate must remove all references to Gaming Innovation Group, the Operators and/or its brands (including brands of its subsidiary companies) and/or the Operator Websites from the Affiliate’s websites and/or other marketing channel and communications, irrespectively of the communications are commercial are non-commercial. (In regards to 7.2 https://thepogg.com/ are excluded from this demand)

B) all rights and licenses granted to the Affiliate under this Agreement shall immediately terminate and all rights shall revert to the respective licensors, and the Affiliate will cease the use of any trademarks, service marks, logos and other designations vested in the Company.

C) the Affiliate will be entitled only to those earned and unpaid commissions as of the effective date of termination; however provided, the Company may withhold the Affiliate’s final payment for a reasonable time to ensure that the correct amount is paid. The Affiliate will not be eligible to earn or receive commissions after this date.

D) if this Agreement is terminated by the Company on the basis of the Affiliate’s breach of terms or applicable laws, the Company shall withhold the Affiliate’s earned but unpaid commissions as of the termination date as collateral for any claim arising from such breach. It is further specified that termination by the Company due to a breach by the Affiliate of any of the clauses in this agreement shall not require a notice period and such termination shall have an immediate effect upon simple notification by the Company to the Affiliate.

E) the Affiliate will return to the Company any and all confidential information (and all copies and derivations thereof) in the Affiliate’s possession, custody, and control.

F) the Affiliate will release the Company from all obligations and liabilities occurring or arising after the date of such termination, except with respect to those obligations that by their nature are designed to survive termination. Termination will not relieve the Affiliate from any liability arising from any breach of this Agreement, which occurred prior to termination and/or to any liability arising from any breach of confidential information even if the breach arises at any time following the termination of this Agreement. The Affiliate’s obligation of confidentiality towards The Company shall survive the termination of this Agreement.

 

8 – Liabilities and Indemnification

 

8.1 the Company shall not be liable (in contract, tort, for breach of statutory duty or in any other way) for:

  1. any economic losses, including but without limitation, loss of profits, revenues, business, contracts or anticipated savings);
  2. any indirect or consequential losses; or
  3. any loss of goodwill or reputation.

8.2 The Affiliate agrees to defend, indemnify and hold Gaming Innovation Group, the Operators and the Company, their successors, officers, employees, agents, directors, shareholders and attorneys, free and harmless from and against any and all claims and liabilities, including reasonable legal and expert fees, related to or arising from:

  1. any breach of Affiliate’s representations, warranties or obligations under this Agreement;
  2. Affiliate’s use (or misuse) of the marketing material and the BetIt Group’s Intellectual Property Rights;
  3. all conduct and activities occurring under Affiliate’s user ID and password;
  4. any defamatory, libelous or illegal material contained on the Affiliate Website(s) or Affiliate’s information and data;
  5. any claim or contention that the Affiliate Website(s) or the Affiliate’s information and data infringes any third party’s patent, copyright, trademark, or other intellectual property rights or violates any third party’s rights of privacy or publicity;
  6. third party access or use of the Affiliate Website(s) or the Affiliate’s information and data;
  7. any claim related to Affiliate Website(s) or the Links; and
  8. any violation of this Agreement or any applicable laws.

8.3 The Company and its group companies reserves the right to participate, at their own expense, in the defence of any matter or claim in relation to the above.

 

9 – Company rights

 

9.1 The Company and/or Gaming Innovation Group and/or the Operators may refuse any player or close a player’s account if it is necessary to comply with the Company’s and/or Gaming Innovation Group’s and/or the Operators’ policy and/or protect the interests thereof.

9.2 The Company may refuse any applicant and/or may close or suspend any Affiliate’s account if it is necessary to comply with the Company’s policy and/or protect the interest of the Company. If the Affiliate is in breach of this Agreement or the Company’s terms or other rules, policies and guidelines of the Company, the Company may besides closing the Affiliate’s account take any other steps at law to protect its interest.

 

10 – Governing Law & Jurisdiction

 

The validity, construction and performance of this Agreement and any claim, dispute or matter arising under or in connection to this Agreement or its enforceability shall be governed and construed in accordance with the laws of Gibraltar. The Parties irrevocably submit to the exclusive jurisdiction of Gibraltar’s courts over any claim, dispute or matter under or in connection with this Agreement and/or its enforceability.

 

11 – Assignment

 

11.1 the Affiliate may not assign this agreement, by operation of law or otherwise, without obtaining the prior written consent of the Company. In the event that the Affiliate acquires or otherwise obtains control of another affiliate of Gaming Innovation Group or the Operators, then accounts will coexist on individual terms.

11.2 The Company may assign this Agreement, by operation of the law or otherwise, at any time without obtaining the prior consent of the Affiliate.

 

12 – Non-waiver

 

The Company’s failure to enforce the Affiliate’s adherence to the terms outlined in this Agreement shall not constitute a waiver of the right of The Company to enforce said terms at any time.

 

13 – Force Majeure

 

Neither party shall be liable to the other for any delay or failure to perform its obligations under this Agreement if such delay or failure arises from a cause beyond the reasonable control of and is not the fault of such party, including but not limited to labor disputes, strikes, industrial disturbances, acts of god, acts of terrorism, floods, lightning, utility or communications failures, earthquakes or other casualties. If a force majeure event occurs, the non-performing party is excused from whatever performance is prevented by the force majeure event to the extent prevented. Provided that, if the force majeure event subsists for a period exceeding thirty (30) days then either party may terminate the Agreement without notice.

 

14 – Relationship of the Parties

Nothing contained in this Agreement, nor any action was taken by any party to this Agreement, shall be deemed to constitute either party (or any of such party’s employees, agents, or representatives) an employee, or legal representative of the other party, nor to create any partnership, joint venture, association, or syndication among or between the parties, nor to confer on either party any express or implied right, power or authority to enter into any agreement or commitment on behalf of (nor to impose any obligation upon) the other party.

 

15 – Severability / Waiver

 

15.1 whenever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law but, if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect, such provision will be ineffective only to the extent of such invalidity, or unenforceability, without invalidating the remainder of this Agreement. No waiver will be implied from conduct or failure to enforce any rights and must be in writing to be effective.

15.2 Any notice given or made under this Agreement to the Company shall be sent by email to and marked for the attention of the Affiliate Manager of the Operator Websites unless otherwise notified by the Company. The Company shall send all notices by email to the email address supplied by the Affiliate in the Affiliate Application.

 

16 – Confidentiality

 

16.1 all information, including but not limited to business and financial, lists of customers and buyers, as well as price and sales information and any information relating to products, records, operations, business plans, processes, product information, business know-how or logic, trade secrets, market opportunities and personal data of the Company shall be treated confidentially. Such information must not be used for own commercial or other purposes or divulged to any person or third party neither direct nor indirectly unless the prior explicit and written consent of the Company this provision shall survive the termination of this Agreement.

16.2 the Affiliate obliges himself not to use the confidential information for any purpose other than the performance of its obligations under this Agreement.

 

17 – Changes to this Agreement

The Company reserves the right to, at any time and at its sole discretion, with or without giving any prior notice to the Affiliate, amend, alter, delete or add any of the provisions of this Agreement. If applicable, a written notice of the amendments will be sent to the Affiliate’s registered email address and such notice will be deemed to be served once sent by the Company. The Affiliate’s continuing participation in the Affiliate Program after any amendments or modifications have been made public will be deemed as the Affiliate’s acceptance of the new terms and conditions.

 

18 – Trademarks and Intellectual Property

 

18.1 nothing contained in this Agreement will grant the Affiliate any right, title or interest in the trademarks, trade names, service marks or other intellectual property rights [hereinafter referred to simply as ‘marks’] of the Company or Gaming Innovation Group or the Operators. At no time during or after the term will the Affiliate allure, attempt, challenge, assist or allow others to challenge or to register or to attempt to register the marks of the Company or Gaming Innovation Group (including its group companies) or the Operators. Provided also that Affiliate shall not register nor attempt to register any mark or website domain which is identical or similar to any mark which belongs to company or Gaming Innovation Group (including its group companies) or the Operators.

18.2. All Intellectual Property Rights created and/or deriving from this Agreement, (including, but without limitation, advertising materials, databases and personal data) shall be and become the sole property of the Company without any rights to the Affiliate.

18.3. no time during or after the term of this Agreement, no Party will attempt, challenge, assist or allow others to challenge or to register or attempt to register the Intellectual Property Rights or any rights similar to the Intellectual Property Rights of the other Party or of any group companies of the other Party.

 

19 – Commission Structure

 

Commissions are paid out as a percentage of the net revenue.

Bets – wins – 22% admin fee* – paid bonuses** – transaction costs & chargebacks – applicable gambling taxes and VAT
***
the net revenue share percentage is determined by the amount of new depositing customers referred by the affiliate within the month the commission is paid for.

Number of new depositing customers affiliate share
:

0-9 25%
10-19 30%
20-34 35%
35+ 40%

The amount of commission earned when reaching a tier will apply to all customers, also those referred to reach that tier.

 

* the admin fee is a value which contains the license fee, game provider fee and platform fee.

** bonuses, in this case, means paid bonuses to the customer, not granted bonuses. The difference is that a paid bonus is a type of bonus money where the customer has actually reached the wagering requirement and/or has received the funds on his/her real money wallet.

*** the gambling tax is monies paid in the form of betting duties or taxes payable by the operator to the authorities, not including corporate income tax or equivalent. The gambling tax does solely apply to revenues being generated from within the relevant jurisdictions and will be charged at the given rate of taxation of the respective gambling authorities.