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Online gambling industry news

They must decide which course of action is ethical and what to do if it runs counter to the interest of the business. Such decisions are often complicated by current developments in the business world. They must take into account the ethical standards of other cultures which may differ from those of their own country. In the grander scheme of things the Internet has online gambling industry news rise to new ethical dilemmas that comes with the technological age.

Fortunately, many online casinos strive to achieve the highest standards of truthfulness, fairness and trustworthiness. Casino affiliates, players and various other actors within our industry often wonder how ethical it really is?

Regrettably there are operators whose quest for profits supersedes their integrity. Life-time revenue is just a byword, not to mention rampant player and affiliate shaving. What exactly does it entail? Individuals who face ethical issues are sometimes tempted to place self-interest and personal financial gain at the behest of others. If one looks at the online gambling industry from a wider lens there online gambling industry news been many unethical operators over the years.

They operated along the lines that honesty does not always pay and doing the right thing can be costly. What is a casino affiliate? In other words the affiliate is the condit between the player and the internet casino.

One glaring example of unethical behavior is fraudulent reporting of income. As affiliates we have a nice word for it: This conduct conceals the actual income generated by affiliates. In other words there are two stats reports: If I should die, I already have some people that will continue the cause!

What are the most prominent issues it currently faces? Conversely, most operators are ethical in their business relationships with online gambling industry news affiliates and players.

In some cases employees affiliate managers and other casino staff engage in unethical behavior at the expense of the employer operator. But how many of us worked hard to get traffic to the casino, just to get this traffic stolen by people working at online slots play for real money casino — selling it off to another casino?

This is a lie, retention is off because Casino people steal databases, remove tags and our Player Data is exposed and left unsecured! Within its borders every country faces unethical business behavior. In extreme cases criminal gangs engage in business operations that might be characterized as evil, rather than unethical. Affactive and Revenue Jet affiliate programs have been shut down due to fraud: They have been accused by U.

Affactive online gambling industry news a less-than-stellar reputation for many years. Top portal casinos like Casinolistings. Online gambling industry news followed the green-bill-road to best casino list profits at the expense of the player and affiliate.

The firms are threatening to sue the regulator for millions of euros in damages if an investigation into their operations produces no hard evidence of shenanigans.

How does one prevent operators from shaving their players online gambling industry news affiliates? To a certain extent this responsibility now falls upon the affiliate. Before an affiliate signs up with an operator, proper due diligence on it must be done first.

By due diligence Online gambling industry news mean: Is it licensed in a white-listed jurisdiction? Alderney, Gibraltar, Isle of Man or Malta. I firmly believe that if an operator online gambling industry news transparent less affiliate and player shaving will occur. Does the operator have steep WR wagering requirements attached to its bonuses, are withdrawals quickly processed, are progressive wins included in the withdrawal limit and do the games play smoothly?

Has the operator been blacklisted by Casinomeister. Are the affiliate programs working with hackers? These are just some of the questions affiliates need to ask themselves before they sign up up with an operator.

A shining example of how the online gambling should be regulated is the AGCC. This regulatory body meets world-class standards by attracting world-class operators. Alderney is a very popular destination for a number of reasons. The island is one of the largest hubs for B2B services in the world and currently transmits high volumes of internet eGambling traffic with the technical capability to expand even further.

Operators licensed here are above-board and treat their players and affiliates fairly. More often than not the majority of affiliates have not legal recourse or leg to stand on when it comes online gambling industry news dealing with rogue programs.

We live in exciting times as new online gambling industry news keeps on taking cyber gambling to new heights. The good news is that more and more governments are in the process of regulating it and harnessing its core principles by mass collaboration.

In itself the industry is not unethical or morally bankrupt-just the bad actors in it are. With an experience of over 8 years in the online gambling industry, as an affiliate, read article affiliate manager and consultant, I consider myself a veteran of the industry and can guarantee that you will be served with the most accurate information.

Article contribution by Otto Bergstrom from Cassaon-Casino. Launched in the fall ofCassaon-casino combines general game strategy, respected periodicals of the gambling genre and in depth-gambling articles. Of note to online gamers is that our articles cover various aspects of online gambling-from the basics to advanced strategy, online news, unbiased site reviews and industry interviews.

Affactive affiliate managers and other casino staff affiliate programs Alderney Alderney Gambling Control Commission B2B services business world casino affiliates Casinomeister.

Zoltan "Hawkie" Tundik With an experience of over 8 years in the online gambling industry, as online gambling industry news affiliate, later affiliate manager and consultant, I consider myself a veteran of the industry and can guarantee that you will be served with the most accurate information. View more articles Subscribe. This may take a second or two. We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.

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Global Online Gambling News: APCW Perspectives for 29 April, 2016

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