Closure of GlobaliGaming Partners

[Pokerface]

Just received:

Dear GlobaliGaming Affiliate Partner,
In recent months we have experienced reduced hold, new reverse withdrawal rules in the UK, taxation, compliance and legislation, all unfavourable to our business.
There has been virtually no revenue with which to reward partners. Substantial amounts of money have been withheld to us, due to continuing negative NGR on brands, on top of rising fees. We have spent many months attempting to secure a better outcome for us all, but to no avail.
We enjoyed running the affiliate program for many years and are grateful for your support, but the time has come where the program is no longer viable and in fairness to you, we’ve reluctantly had to decide to close the affiliate program with immediate effect. We are working hard to ensure all partners are compensated for efforts to date and will write again with details of your account status etc. We are deciding now, which brands will close.
Thank you for your understanding and patience, we very much appreciate the efforts you have made to support the program over the years. Yours faithfully, GlobaliGaming Partners