
Insolvent and liquidated. EBET, Inc. defaulted on $37.1M of secured debt (June 2023) and its B2C brands were seized and auctioned under UCC foreclosure on 1 Aug 2024 — outstanding affiliate balances were abandoned. Terms were also predatory (cash-flow NGR deducting player withdrawals, arbitrary 'Multicash' adjustments, hard active-player quotas). Do not send traffic.
Editorial
DEFUNCT — do not promote. The parent (EBET, Inc.) defaulted on $37.1M of debt and its brands (Karamba, Hopa, Griffon and others) were foreclosed and auctioned off in August 2024, nullifying all outstanding affiliate commissions. Listed for reference only.
House Grade
Low
~20%
By negotiation (defunct)
Monthly (defaulted)
Yes
No
Low
~20%
By negotiation (defunct)
Monthly (defaulted)
S2S Yes / API No
While the eAffiliates platform once offered a robust, consolidated marketing environment for prominent casino brands, it is now entirely non-operational and stands as an educational cautionary tale for the iGaming industry. For publishers interested in promoting legacy brands like Karamba or Griffon Casino today, the historical eAffiliates program is defunct and must be bypassed. Instead, partnerships must be formed through White Hat Gaming, which restructured and stabilized these active player assets under its corporate licensing. In review, the demise of eAffiliates emphasizes the crucial need for modern iGaming partners to audit operators' debt loads, licensing status, and commission formulas before dedicating traffic.
Launched on November 18, 2021, eAffiliates (eaffiliates.com) was established as the centralized iGaming marketing engine for Esports Technologies, Inc. (which rebranded as EBET, Inc. in May 2022). Utilizing Cellxpert tracking software, eAffiliates consolidated the marketing operations of seven business-to-consumer (B2C) casino and sportsbook brands acquired from Aspire Global plc for $75.9 million, including Karamba, Hopa, and Griffon Casino. Though the operator originally focused on competitive esports wagering, they executed a major strategic pivot in 2022 to shift all resources toward high-margin traditional online casino operations following corporate layoffs and restructuring.
Despite its high-volume brand portfolio, the program suffered rapid corporate destabilization due to extreme operational overleverage and sudden regulatory setbacks, notably when German authorities forced the flagship brand Karamba to shut down in May 2023. Following a default on $37.1 million of corporate debt to CP BF Lending in June 2023 and the dismissal of a Nevada federal lawsuit against Aspire Global, foreclosure proceedings were initiated under UCC Article 9. On August 1, 2024, a public asset liquidation auction managed by Hilco Streambank finalized the transfer of all core B2C assets and customer data to third parties, officially terminating the eAffiliates program and leaving unsecured marketing agreements completely unpaid. The legacy brands have since migrated to White Hat Gaming, while the original eAffiliates platform remains entirely defunct.
Commission Type
RevShare
Commission Details
CPA 25-250 USD, RevShare 25-40%, Sub-Affiliate 5%
Payout Frequency
Monthly (defaulted)
Min Payout
200 EUR
Admin Fee
25,00%
License
Malta (MGA), United Kingdom (UKGC)
Founded
2022
Software
Cellxpert
NGR Formula
NGR = Bets - Admin Fee - Bonuses - Chargebacks - Fraud - Taxes - Wins
Target GEOs
Brands
3 casino brands running on this program are reviewed on CasinoMass:
No reports filed against this program.
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