Silverspins Affiliates Program Review

Silverspins Affiliates operator a large number of bingo and casino operators running on the Dragonfish and Nektan platforms.

Submit a complaint Join Program

Earnings & Commisions

https://thepogg.com/wp-content/uploads/2019/09/balmy-bingo-logo.png

Brands

Associated Programs

Complaint History

Earning Information

Revenue Calculation Formula

Net Revenue = Gross Gaming Revenue minus any and all: (a) operating costs (including costs relating to third party platform operators, game operators and any other third party service providers) of the Merchant Website; (b) payment and card processing fees; (c) funds added to Players’ accounts, excluding winnings, to incentivise Players to increase their deposits and/or turnover (including bonus money and loyalty schemes); (d) invalid, fraudulent or disputed card or debit payments, including where a card company or the payment bank has claimed payment back from the Merchant; (e) applicable taxes; and (f) all payments made by and revenues associated with any Player that at any time makes an invalid, fraudulent or disputed payment.

CPA – Yes.

Negative Carry Over – No, see below:

“6.10 The Affiliate’s monthly payable balance of Commission is automatically reset to £0.00 at the beginning of each calendar month, to ensure that no negative balances are carried forward.”

Minimum Payment – £200.

Payment Date – Before the end of the subsequent month.

Payment Methods – Bank Transfers

Sub Affiliate Commission – 10%.

Terms and Conditions

Minimum Activity Quota – Yes, see below;

“6.11 The Company reserves the right to suspend the Affiliate’s activity and any entitlement to Commission in the event that the Affiliate fails to refer any new Players in any three (3) month period. Reinstatement will be at the Company’s sole discretion. For the avoidance of any doubt these players must be bonafide depositing customers.”

High Roller Policy – Yes, see below:

“In the event that a player wins more than £5,000 in a single month, the Company will be entitled to carry over any negative balance which may result from such win on a cumulative basis for the lifetime of the player activity until the amount of such player’s wins minus the amount of such player’s losses equals zero. Any such player will be highlighted in the affiliate’s account as “Monitored”.”

How long does player revenue last? – Revenue for referred players is paid for the lifetime of the player’s activity.

Are earnings from different products bundled – Yes.

Are earnings from different brands bundled – Yes.

Tracking Cookies Duration – No information listed.

Tracking Cookies Overwritten – No information listed.

General Information

Verticals – Bingo, Casino, Live Casino

Contact Details

Email – info@silverspinaffiliates.com

Address – 154-158 Shoreditch High Street
London
UK
E1 6HU

Country Restrictions for Players – Albania, Antigua and Barbuda, Armenia, Australia, Azerbaijan, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, France, French Guiana, French Polynesia, French Southern Territories, French Southern and Antarctic Territories, Gibraltar, Hungary, Indonesia, Israel, Italy, Latvia, Lithuania, Macedonia, Malaysia, Moldova, Montenegro, Romania, Russia, Serbia, Slovakia, Slovenia, South Africa, Spain, Turkey, U.S. Minor Outlying Islands, U.S. Miscellaneous Pacific Islands, U.S. Virgin Islands, Ukraine, United States

Country Restrictions for Affiliates – None

Languages Available for players – English

Regulators

Alderney Gambling Control Commission

Gibraltar Gaming Commission

United Kingdom Gambling Commission

Software providers used – Dragonfish, Elk Studios, IGT, iSoftBet, Microgaming, Net Entertainment, NextGen Gaming, PariPlay

Program Reputation

Player Issues – The Dragonfish white label platform is non-cooperative in the management of player complaints.

Both the Dragonfish and Nektan platforms carry player terms that we consider to be predatory.

Affiliate Issues – We are not aware of any unresolved affiliate issues with Silverspin Affiliates.

Notes

Affiliates should be aware of the following term:

“6.8 If the Company does not pay any amount properly due to the Affiliate under or in connection with the Agreement, the Affiliate may charge the Company simple interest on the overdue amount at the rate of 3% per year above the UK base rate of Barclays Bank Plc from time to time.”

Conclusion

Our main concern with the properties represented by Silverspins Affiliates would be the license holders/platforms that they choose to work with. Each affiliate needs to decide for themselves whether or not this is an issue for them. Over and above this though, this program carries a Minimum Activity Quota and that’s not a good policy for any affiliate.

This affiliate program is recommended