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Ronin Affiliates

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Defunct: closed May 2026 amid chronic non-payment and an MGA false-licensing alert against parent NovaForge. Unpaid balances required manual settlement; avoid this program and its sister brands.

Editorial

Defunct — Caspero Casino and this program shut down May 2026 after chronic withdrawal non-payment (1.5/10 Safety Index) and an MGA false-licensing alert against parent NovaForge. Do not promote; sister brands carry the same risk.

House Grade

FProvisional
Earning
Potential

Medium

True
RevShare

~30%

CPA

By negotiation (defunct)

Payout

Monthly (ceased)

Tracking

S2S On req. / API Yes

CABRAUAnjouan Offshore
RevShareCPA AvailableHybrid AvailableDefunct / ClosedAvoid
CLOSED
Provisional

Overview

Ronin Affiliates is defunct and should be avoided. The program and its sole brand, Caspero Casino, permanently ceased operations in May 2026 after a chronic non-payment record — documented withdrawal delays, rejected KYC, ignored dispute bodies and a rock-bottom 1.5/10 Safety Index — and a formal Malta Gaming Authority enforcement alert against parent NovaForge LTD for displaying false MGA licensing badges on a sister brand. Despite headline terms of up to 55% NGR with no negative carryover, the operator wound the program down over two weeks (killing tracking access on May 14, 2026) and left partners to chase unpaid balances by hand. Because NovaForge's other white-label brands (Slotuna, DuoSpin, BillyBets, Gransino, Roby, Dragonia) run on the same Marshall Islands shell, Cypriot payment agent and Anjouan sub-licence, redirecting traffic to them carries the identical counterparty risk — route elsewhere.

Program Highlights

  • Tiered Revenue Share Structure: Offered competitive commission tiers scaling from 30% (0–15 FTDs), 40% (16–40 FTDs), and 50% (41+ FTDs), up to 55% for VIP partners, along with bespoke CPA and hybrid deals.
  • Publisher-Friendly Risk Terms: Enforced a clean slate policy with no negative carryover reset monthly and zero cross-brand bundling to protect campaign earnings.
  • Payout & Banking Architecture: Distributed monthly settlements via Bank Wire, Bitcoin (BTC), Tether (USDT), Skrill, and Neteller, with minimum thresholds starting at €100 for crypto/e-wallets and €500 for wire transfers.
  • Tracking & Analytics Suite: Leveraged ReferOn to provide real-time dashboard tracking, Sub-ID campaign granularity, and automated S2S postback integration.
  • Offshore Corporate Infrastructure: Operated under Anjouan licensing with payments cleared via Cypriot billing agent Mirata Services Ltd and high-risk processors like MiFinity.

Ronin Affiliates operated as a performance-based iGaming marketing program established to drive acquisition and referral traffic for its flagship property, Caspero Casino—an integrated casino and sportsbook built on the iGATE turnkey infrastructure. Managed by parent entity NovaForge LTD (registered in the Marshall Islands) and authorized under an Anjouan Gaming Board sub-license, the platform targeted grey-market traffic primarily across Canada, Brazil, and Australia. Running on the ReferOn software suite, it offered publishers real-time analytics, flexible S2S postbacks, and broad campaign channel support.

Despite an attractive commercial framework, Ronin Affiliates and Caspero Casino permanently ceased operations in May 2026 due to banking friction, withdrawal clearing delays, and heightened regulatory scrutiny. The operator instituted a phased shutdown, disabling new player registrations on April 27, 2026, stopping deposit processing on May 1, 2026, and terminating backend ReferOn access on May 14, 2026. Residual affiliate balances were made eligible for manual settlement directly via designated account management channels.

Program Details

Verified Aug 2026

Commission Type

RevShare, CPA Available, Hybrid Available

Commission Details

RevShare 30 - 55%

Payout Frequency

Monthly (ceased)

Min Payout

100 EUR

Admin Fee

Yes

Negative Balance

Reset

Cookie Duration

Session is determined

License

Anjouan

Software

ReferOn

Branded Traffic

Forbidden

NGR Formula

NGR = GGR - Admin Fee - Bonuses - Chargebacks - Fraud - Licensing Fee - Other Fee - Payment Fee - Taxes

Target GEOs

ArmeniaAfghanistanBelarusBulgariaUnited KingdomDenmarkIsraelIraqIranCyprus

Brands

Caspero

Effective NGR

Terms & Conditions

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