News & Notices: Important news about the GJ Coin lottery (Page 2)

Matthias wrote on 11.02.2025 at 13:20:
In fact, in 95% of cases, you only receive a commission if a player registers and then also deposits at least 20 euros and "wagers" this money, i.e. uses it to play.
If you assume that the usual commission (on the German market) is only around 50 euros per new customer, it is relatively easy to calculate with the necessary basic knowledge that this is no longer a lucrative business in the long term.
Even if 100 new customers register with a Provider in a month (which would be a lot), that doesn't mean that it's a lucrative business:
100x 50 euros commission = 5000 euros, but of the 100 new customers, perhaps 10% actually pay in 20 euros. The other 90% Deposit nothing, or try the casino with a PSC of 10 and do not continue to use the player account. Customers who do not deposit are almost worthless for the casinos, as many of them are left in the system as deadbeats, never come back and often have not even given their consent to marketing newsletters and then end up negatively distorting the casino's business figures.
As an Affiliate, you only get 10x 50 euros in the above example, i.e. 500 euros credit for 100 new registrations per month per provider, and the options for paying servers, salaries and marketing measures are quite limited.

Matthias wrote on 11.02.2025 at 13:26:

Actually, the cause is really entirely due to the German license and the associated drop in revenue for providers.
The commissions for the affiliate partners have to be cut and theoretically we still earn over 50% less than before with the same number of new customers. In addition, the number of registrations has also fallen in general.
The orange links I'm referring to are the orange buttons "to the casino" or "to the casino" - if you click on them, you're redirected to the provider and if you sign up and play there, you've helped us.
But that's not to say that you should now sign up everywhere and gamble away your belongings . For God's sake, no - just remember - if you're testing a new casino, it's best to click on the orange "Go to casino" button and then sign up directly so that it's clear to the casino - we've recruited you as a new customer.


Overall, however, I think it's great how understanding you've reacted to the adjustment so far - thank you!

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Butterbrezel wrote on February 11, 2025 at 7:30 pm:
Under the numbers you mentioned, I don't understand how GJ can be economical currently or in the future?


You said that 100 new registrations per month is a lot and only 10 of them Deposit enough. Let's assume an absolutely positive case: 20 new registrations with enough depositors, then we are at 1000 EUR.
This 1000 EUR will then cover the next coin lottery.

How will salaries, marketing, etc. be paid?

As a non-professional in this field, it sounds to me like you are making heavy losses every month. If this is the case (or have I misunderstood something?), why don't you stop the coin lottery altogether to get back into the black?

Edit: Or is that even possible with the numbers?

The regular users who like to write here from time to time stay that way, even without the coin lottery.

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JJepsa96 wrote on 11.02.2025 at 19:03: 2021 undo and everyone is fine with fun again.

The purest farce of the GSV.

Complete understanding.

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Matthias wrote on February 11th, 2025 at 7:56 pm:

We don't earn anything with the merch store. It's just a hobby - no matter how much money is spent there, all products go out at cost price. Besides, not much is actually ordered - as you could actually see from the vouchers in the system.

All these years - over 12 now - we've financed ourselves solely through Affiliate income and the plan is to keep it that way.
To be honest, I don't even know if an FSK18 site like ours would be accepted in the Adsense affiliate program...

Matthias wrote on February 11th, 2025 at 8:16 pm:

Phew, to be honest, the topic is now going into quite a lot of detail, which also takes energy and time to answer.

What I can tell you is that the GGL is threatening claims in the very high 6-digit range if you advertise unlicensed providers in Germany.
Furthermore, we were told by our lawyers that it could also be difficult to enter Germany if you go too far out on a limb and simply do whatever you feel like and advertise illegal gambling. There's a prison sentence for that and our freedom was too precious for us to Risk it.
We are currently at peace with the GUTS, everything is running smoothly and well, but German gambling has actually become quite unattractive in recent years. It's legal, that's why we advertise it, but as a player I personally would rather gamble in a state casino than bet my money online.

I think gambling online can be fun, especially if you spontaneously want to risk a few euros on the sofa - and yes, you might win 300 or 500 euros - that can happen, of course.
But if you want to bet a lot of money, you can hardly avoid the state-run casinos these days.
I think the news article about the tax revenue from online slots actually says quite a lot about the current state of the legal gambling market.

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