Revenue Share rewards will no longer be calculated for German players [starting 01.07.2021]

[JTK]

Dear LVBETpartners affiliate,


We hope this email finds you well.


We would like to inform you about the changes which will apply from 01.07.2021 and might affect your account. Starting from July, the German government will adopt a new regulation which refers to the commissions we can offer to our partners. Therefore, LVBETpartners will no longer be calculating and offering any Revenue Share commissions from the revenues generated by customers residing in Germany.

This means that if you have a Revenue Share reward plan at the moment and you are referring German customers, your commission will no longer be calculated under that commission plan. If you would like to continue referring German customers to LV BET, we kindly ask you to contact your account manager or send us an internal message via Netrefer to discuss the new deal possibilities.


We will try to agree on new commercial terms with you for this specific market, and you will be asked to apply for a new affiliate account where we can track your newly registered customers separately. Please note that your current affiliate account will stay active, and we will continue to calculate your Revenue Share rewards from all other markets, but you will not see any revenue data next to your German players in the Customer Reports.


Thank you for your understanding and cooperation.


Don’t hesitate to contact us if you need any further information; however, please note that there might be some delay in response during the upcoming days.


Best regards,

The LVBETpartners Team

Is it the new 5.3% turnover tax? The immediate step is to screw the affiliate. Expected.

 

[Insider]

I read it too and it's getting more and more crazy. First one was "betfair" two days ago now LVBet. And it won't be the last.

Soon you will only pay by CPA. Good for partners who bring many FTDs and bad for partners who are geared towards long-term partnerships and revenue sharing.

It probably makes no sense to continue with the partnerships on this basis and negotiate a new deal.

The previously brought german customers are gone for now. The European market will collapse at some point and all because of the "shitty player protection" and these unsuspecting politicians.

Companies can no longer earn anything on the german market if they act according to these rules.

Sometime also the bigger companies will withdraw again from the german market if their margins get smaller.

Who wants to play with limits and restrictions ?

It will lead the german customers more and more back to the land-based casinos and without any limits.

At the moment also casinos with a Curacao license are starting to exclude german customers and close accounts.

A current example is Hero Gaming with its MGA and Curacao brands.

There are only a few companies that do not follow these german rules.

 

[Biti]

It will lead the german customers more and more back to the land-based casinos and without any limits.

That's exactly the goal of the law.

 

[Insider]

What's going on here on the german market at the moment is really ridiculous and a few bigger companies are actually pulling along. Completely incomprehensible, see ComeOn Group.

The latest example is the reduction of the "RTP" in online games.

This means that some games will no longer be available and others will be reduced.

 

[ddm]

revshare is illegal + other shit, get over it. + move on imo, or promote offshore sites.
#anotherdayanotherdollar
gotta evolve + roll w/ the punches..

same with UK market. F*** that

 

[danniee]

The German regulations are useless. I don't even see why any operator would bother going for a German license and as an affiliate it's pointless to send German players to German licensed casinos. In fact, I would advise German players to AVOID German licensed casinos like the plague as slots will be played with RTP ranging from 85-90%!

Edit: same with UK licensed casinos, yes. In the past, I would warn UK players not to play anywhere else other than UK licensed casinos, but that was naive. The UKGC don't care about the players, they just want a piece of the pie. There are plenty of unlicensed casinos that are just as good, if not better.

 

[Insider]

The German regulations are useless. I don't even see why any operator would bother going for a German license and as an affiliate it's pointless to send German players to German licensed casinos. In fact, I would advise German players to AVOID German licensed casinos like the plague as slots will be played with RTP ranging from 85-90%!

Edit: same with UK licensed casinos, yes. In the past, I would warn UK players not to play anywhere else other than UK licensed casinos, but that was naive. The UKGC don't care about the players, they just want a piece of the pie. There are plenty of unlicensed casinos that are just as good, if not better.

I couldn't say better.

 

[gamecat]

So, what they did for me was, they put all my old players from my 45% RevShare Flat Deal into the standard Revenue Share Ladder beginning of August. So from roughly 3,5k net revenue in August I could only keep around 24% in commission instead of 45%. Thats how you treat partners and bring

 

[Moonlight Cat]

Sorry for advertising. )) But check my signature. You may get are lot of DE friendly casinos / sportsbook (aff.managers will help you). For all Revenue Share starts from +35% and never decreased.