What is this all about? (Summary of AGD Audit results)

[Guard Dog]

Yes, I (josh) have taken over as Gaurd Dog since the purchase. I am in contact with Andy constantly for advice

 

[slotplayer]

It's AE that needs the audit.

 

[melcb]

AE is obviously ripping affiliates off, no audit is needed. But we will slowly get too them too.

 

[LandofOz]

Admin Fee. . . . . . . . 24.76%

How does one justify a 24.76% admin fee?

 

[KasinoKing]

How does one justify a 24.76% admin fee?

I don't know.
It's supposed to be 25% - but it's come in a little under that for the last 3 months...

It's to cover the running costs of the casino: i.e. staff wages & other overheads.

KK

 

[Engineer]

It's bullshit if you ask me.

25% off the top, and then we get a fraction of what's left? Please.

 

[KasinoKing]

It's bullshit if you ask me.

25% off the top, and then we get a fraction of what's left? Please.

The one question I have not had answered, is what happens to the 60% of the NGR left after they have paid me 40% of it?
I can only assume it's pure profit into the owner's pockets - since ALL other costs seem to have already been deducted.

I think it would be better (obviously as I am an affiliate!) if they didn't take the Admin off GGR, but from their 60% of NGR.
They would still be making "profit" - though a bit less as they'd be paying us more.

In fact I just ran it through last month's figures, taking the Admin out of the deductions - and I would end up earning 15.32% of GGR instead of 5.49%.
At least that would be a bit closer to what other similar operators pay...

KK

 

[CL-Ed]

This is a really good idea Josh.

Once you have audited a few more I would love to see a comparison table that lists all the results in one place instead of going through different forum threads trying to compare them.

 

[Guard Dog]

That is the plan, just did not want to do it with just 1 so far look out for it this week once we add another.

This is a really good idea Josh.

Once you have audited a few more I would love to see a comparison table that lists all the results in one place instead of going through different forum threads trying to compare them.

 

[Guard Dog]

2nd Audit complete - Deck Media

 

[Guard Dog]

Productive day

3rd complete: Honest Partners

 

[pinkytoe]

Great initiative guys. Thanks for doing this.

 

[Pie123]

this is great!

 

[Guard Dog]

Just Added Ellmount Gaming aka Casino Room

 

[Freespins74]

Hi,

I can understand these

J/Pot Deduction . . . . 0.99%
Gaming taxes. . . . . . 6.51%
Bank Fees . . . . . . . . 7.48%
Provider Fees. . . . . . 9.41%
Bonus Given . . . . . . 24.55%
Paid Loyalty. . . . . . . 11.39%

But I don't understand the Admin Fee. . . . . . . . 24.76%

do you know what that's for ?

Regards
M

This is a great idea and long overdue IMO.
I can get this started with a couple...

Now that Videoslots have finally given us what we asked for - by FAR the most transparent reporting of any program I work with - we can now see the full break-down.
This is not nice reading - but at least it's totally honest!
Figures from my last 3 months, averaged - as a percentage of GGR:
J/Pot Deduction . . . . 0.99%
Gaming taxes. . . . . . 6.51%
Bank Fees . . . . . . . . 7.48%
Provider Fees. . . . . . 9.41%
Admin Fee. . . . . . . . 24.76%
Bonus Given . . . . . . 24.55%
Paid Loyalty. . . . . . . 11.39%
Net Gaming Rev . 14.95%
My Commission . . 5.98%
Note: All three months were positive ones - no negative figures.

And here's a VERY simple one: Trada Casino:
Commission = 25% of GGR.

KK

 

[Zuga]

But I don't understand the Admin Fee. . . . . . . . 24.76%

usually admin fee is what casinos are paying for the affiliate platform/network they are running with . Now the admin fees are usually not as high, but a lot of these casinos use it as an excuse to increase their own margins so they charge affiliates more than they are being charged for.

For instance one of our bingo partners ( Dragonfish powered ) got our admin fee down from 45% ( yes u read that right, Dragonfish supposedly charges that much! ) reduced to 39%. This tells us that if they are being able to reduce the fee per our request then they had some leeway which will still warrant their own margin.

It is BS thats what it is, and why we will keep reviewing all these programmes, including bingo too.

 

[Freespins74]

Hi ,
Thanks for your reply
Let me understand so usually admin fee is what casinos are paying for the affiliate platform/network they are running with .

Do you mean affiliate platform/network e.g income access or netrefer ? because i thought they charged a set fee monthly to brands like 3000 USD I could be wrong.

Also are the provide fees for the games etc like paying a % to netent etc.

Regards
M

 

[KasinoKing]

Hi ,
Thanks for your reply
Let me understand so usually admin fee is what casinos are paying for the affiliate platform/network they are running with.

Do you mean affiliate platform/network e.g income access or netrefer ? because i thought they charged a set fee monthly to brands like 3000 USD I could be wrong.

In the particular case of Videoslots, they said (somewhere on this forum IIRC) that the "Admin Fee" covers all the overheads of running the casino. i.e. Buildings, staff, equipment, power, etc...
Not sure if the affy platform is included in that - but probably as it isn't itemised elsewhere.

They aren't using any 3rd party provider AFAIK - I believe it is their own in-house bespoke affiliate system.

KK

 

[Shay]

In the particular case of Videoslots, they said (somewhere on this forum IIRC) that the "Admin Fee" covers all the overheads of running the casino. i.e. Buildings, staff, equipment, power, etc...
Not sure if the affy platform is included in that - but probably as it isn't itemised elsewhere.

They aren't using any 3rd party provider AFAIK - I believe it is their own in-house bespoke affiliate system.

KK

So if the "admin fee" is covering overhead of running the casino such as building, staff, equipment, power, and the like - what the hell is their share of revenue for in a 60/40 split? It sounds to me that basically, they're wanting their slice of the pie as well as most of ours as well.

 

[Casino-Matt]

Brilliant initiative guys. I could throw half a dozen programs at you to check but I think everyone will have a fairly long list themselves.

Keep up the good work.