Results 1 to 12 of 12
  1. #1
    APCW's Avatar
    APCW is offline Representative for the Association of Players, Casinos, and Webmasters
    Join Date
    January 2010
    Location
    Everywhere
    Posts
    505
    Blog Entries
    126
    Thanks
    137
    Thanked 779 Times in 288 Posts

    Default The Other Shoe Drops

    This week's online gambling news sucks! More fallout from "Black Friday" has resulted in the seizure of ten more domain names from poker rooms, bingo sites, and sports books. Also, major payment processor QuickTender has been forced to shut down and leave customer deposits in question. Plus, affiliate program Best Casino Partner is leaving the market.

    DIRECT VIDEO LINK


    Fighting for trust, honesty and integrity
    in the online gambling industry!
    Facebook

  2. #2
    michael1981 is offline Public Member
    Join Date
    April 2011
    Location
    Australia
    Posts
    311
    Thanks
    16
    Thanked 60 Times in 48 Posts

    Default

    The most horrible week for online gambling without a doubt. On another note, I'm glad to see that goldenarchcasino.com was seized. That website became rogue years ago when they suddenly cut off their affiliate program (without warning), stopped communicated with their affiliates, and stole so many commissions from affiliates (as well as their player databases).

    I think more casinos will start going to .co.uk or .eu very soon. Its not completely over yet for the gambling industry just yet, but its definitely not good at the moment, very sad times.

  3. #3
    Players Luck - Jamie's Avatar
    Players Luck - Jamie is offline Public Member
    Join Date
    July 2009
    Location
    New Zealand
    Posts
    644
    Blog Entries
    2
    Thanks
    119
    Thanked 56 Times in 47 Posts

    Default Ok

    Ok excuse me for being dumb. But US Players are not the only players in this world of ours. Why do people think this industry will be over if all casinos go NO US?

    Granted US Players are great and there are lots of them, but they are not the only country that players come from. Wouldn't it just be wise to focus all marketing attempts towards other countries for now, and don't go out your way to attract anymore US players while all this crap is happening?

    Try and build your player database from other countries. That is what I am focusing on. Yes there will be a few casinos that will take our US visitors, but they are not my main target of traffic anymore.

    This industry will not be over just because one major country decides to regulate Online Gambling.

    Well thats my line of thought anyway!
    Jamie Blake
    Skype: wga-jamie


    Best online casinos - Division of Players Luck Gaming

  4. #4
    rak's Avatar
    rak
    rak is offline Former AM
    Join Date
    January 2011
    Location
    Philippines
    Posts
    1,123
    Thanks
    250
    Thanked 334 Times in 258 Posts

    Default

    Quote Originally Posted by Players Luck - Jamie View Post
    Ok excuse me for being dumb. But US Players are not the only players in this world of ours. Why do people think this industry will be over if all casinos go NO US?
    my 2 cents - People don't think the industry will be over. The US market is a very large market - for poker and casino. It's "established" in the sense people have credit cards, internet, and like to gamble and for so long have been profitable for operators and advertisers.

    When an advertiser is making 80% of their income from the US market, losing 80% is a big hit. It could have been years of work to build up to it, making 10K one month, 2K the next month hurts the pocket. The outrage and panic is understood and expected!

  5. #5
    wagerjunction's Avatar
    wagerjunction is offline Public Member
    Join Date
    January 2004
    Location
    Mauritius
    Posts
    1,570
    Thanks
    279
    Thanked 273 Times in 222 Posts

    Default

    Jamie and Rak, I think what you have both said makes sense.

    Now, IMO, the best course of action will be to find out ways on how to limit damages and losses and build anew. No use crying over spilt milk and no point in sitting here staring off into space wishing for better times.

    Of course, trying to start afresh with other markets will be quite difficult but is is known that the reason why the human race has survived so long and became the dominant species is because of our ability to adapt to all types of change.

    So I say to everyone who has been hit hard by these awful circumstances to take courage and not to give up. You are stronger than that.
    Amy
    Affiliate Manager
    WagerJunction | Facebook
    [SIGPIC][/SIGPIC]

  6. #6
    xecutable's Avatar
    xecutable is offline Private Member
    Join Date
    March 2011
    Location
    Zurich, Switzerland
    Posts
    1,678
    Thanks
    514
    Thanked 1,009 Times in 574 Posts

    Default

    When an advertiser is making 80% of their income from the US market, losing 80% is a big hit.
    That is true, only and only because they TARGET the US market at that particular time. Take for example most of the major sportsbooks. I am pretty sure US bettors were a major income for their pockets before 2006. Did they bankrupt afterwards? I very much doubt that. They moved on, targeted different regions of the world and do business trouble-free for the most part.

    "The tighter you squeeze, the less you have". Let them go around seizing this and that.

    Gambipedia.com - casino, poker, sports betting guides, reviews & bonuses.

  7. #7
    rak's Avatar
    rak
    rak is offline Former AM
    Join Date
    January 2011
    Location
    Philippines
    Posts
    1,123
    Thanks
    250
    Thanked 334 Times in 258 Posts

    Default

    Saying all this, I am surprised that many people didn't diversify their risks from when UIGEA came into effect.

    We really need someone like Mel Gibson from Braveheart, putting their laptop in the air and screaming "freedom"

  8. #8
    wagerjunction's Avatar
    wagerjunction is offline Public Member
    Join Date
    January 2004
    Location
    Mauritius
    Posts
    1,570
    Thanks
    279
    Thanked 273 Times in 222 Posts

    Default

    Quote Originally Posted by rak View Post
    We really need someone like Mel Gibson from Braveheart, putting their laptop in the air and screaming "freedom"
    lol I don't think the last part where they will get tortured, gutted and beheaded will sit well with them though.
    Amy
    Affiliate Manager
    WagerJunction | Facebook
    [SIGPIC][/SIGPIC]

  9. #9
    arkyt's Avatar
    arkyt is offline Public Member
    Join Date
    March 2002
    Posts
    1,504
    Thanks
    171
    Thanked 235 Times in 164 Posts

    Default

    Quote Originally Posted by Players Luck - Jamie View Post
    Ok excuse me for being dumb. But US Players are not the only players in this world of ours. Why do people think this industry will be over if all casinos go NO US?
    Rak made some good comments regarding that thought ... the USA made up a large percentage of all gamblers. So for a lot of USA based affiliates all of these latest developments will cause a great deal of harm. Sure if you wish to continue you are going to have to go to other countries for players, but you arent going to convert your business over night; not in this economy - its going to take months if not years.

    Not only that some programs are already stating (not in exact words) that they are going to make it pretty tough to be a USA affiliate. Brightshare has already commented that if you wish to be a USA affiliate promoting their non-usa brands that you must have an offshore (non usa based) bank account.

    Hopefully Quicktender will get sorted out really soon and we can all get our money out of there - that would at least give us a bit of hope. Until things sort out a bit, I'm not going to waste my time doing something that I might just have to turn around and redo again the next day/week/month.

    I have zero doubt that there are programs out there using these tough times as an excuse to screw over affiliates! Many have already proven they will cheat us - if they are willing to bend you over one way - why would they not be willing to bend you over another? No doubt about it - these are some really ugly times and right now there isnt much saying that they will get better any time soon.

  10. The Following User Says Thank You to arkyt For This Useful Post:

    rak (31 May 2011)

  11. #10
    rak's Avatar
    rak
    rak is offline Former AM
    Join Date
    January 2011
    Location
    Philippines
    Posts
    1,123
    Thanks
    250
    Thanked 334 Times in 258 Posts

    Default

    arkyt - great insight and wise thoughts.. especially the bit about me.. *cough cough* .. jks.

    Seriously thought, I think your post is close to it, but I do believe you will find that once things settle, you will find some programs who are going to make it difficult, and some who will make it easier for advertisers.

    Some programs reputations are built on their relationships with advertisers, and making them bend over backwards is a quick way for them to lose advertisers - better for programs like us who are more accommodating and understand the pains that advertisers go through.

  12. #11
    wagerjunction's Avatar
    wagerjunction is offline Public Member
    Join Date
    January 2004
    Location
    Mauritius
    Posts
    1,570
    Thanks
    279
    Thanked 273 Times in 222 Posts

    Default

    Quote Originally Posted by rak View Post
    Seriously thought, I think your post is close to it, but I do believe you will find that once things settle, you will find some programs who are going to make it difficult, and some who will make it easier for advertisers.

    Some programs reputations are built on their relationships with advertisers, and making them bend over backwards is a quick way for them to lose advertisers - better for programs like us who are more accommodating and understand the pains that advertisers go through.
    I second that.

    I know it could be difficult for affiliates to trust in affiliate programs in general after what has been going on lately. When we see long established program with a faultless track record starting to cut down on affiliates and using unethical methods it offers a bleak look on the future and is bound to make affiliates wary and edgy not to mention totally disillusionned.

    Like rak though I want to point out that there are still programs like us here who genuinely care about affiliates and wish to help and make things better. We programs need affiliates to prosper and vice versa. Cutting you down would be the same as shooting ourselves in the foot in the end. We much prefer working together towards the greater good.
    Amy
    Affiliate Manager
    WagerJunction | Facebook
    [SIGPIC][/SIGPIC]

  13. #12
    Puma's Avatar
    Puma is offline Private Member
    Join Date
    May 2005
    Location
    Canada
    Posts
    1,518
    Blog Entries
    3
    Thanks
    78
    Thanked 74 Times in 43 Posts

    Default

    We really need someone like Mel Gibson from Braveheart, putting their laptop in the air and screaming "freedom"
    <iframe src="http://www.youtube.com/embed/ugR-Iyp-e1k" allowfullscreen="" frameborder="0" height="349" width="425"></iframe>

    I agree 100%
    Epic Gambler - Reviews, Ratings, Excitement

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •