Casino Affiliate Programs for South Africa Traffic

Casino brands that accept South Africa traffic run on these casino affiliate programs. Compare commissions, licenses, payout terms and verified affiliate reviews for the South Africa market.

Showing: South Africa

159 programs found

Bloom Affiliates logo

Bloom Affiliates

House Grade

B

Serious affiliate-side payment-reliability complaints: multiple partners report unresponsive account managers and payment delays exceeding two months, with reviewers warning of a high probability of unrecoverable commission withholding — even though the consumer brand pays players promptly. It is a decentralized white-label decoupled from parent Dama N.V.'s central structures; commissions are heavily diluted (effective ~18-36% after admin/NGR deductions) and attribution is session-only. Track independently and confirm payment terms in writing before scaling.

Earning
Potential

Medium

True
RevShare

~25%

CPA

By negotiation

Payout

Monthly (€100 min)

Tracking

S2S On req. / API On req.

AustraliaGermanyUnited KingdomTier-2 (Curaçao)casino + crypto
✓ No Negative Carryover✓ No Brand BundlingRevShareCPAHybridMedia BuyersSEO Publishers

A Dama N.V. white-label casino program (LuckyWins/Winmaker) with decent structural terms (no negative carryover, no bundling, Affilka S2S) badly undercut by heavy commission dilution, session-only cookies and severe affiliate payment-delay complaints.

Blue Fox Affiliates logo

Blue Fox Affiliates

House Grade

B

The public affiliate interface is intentionally blank (placeholder legal text) — commission mechanics, payout schedule/methods, cookie window, negative-carryover and bundling rules must all be established directly with an account manager before committing traffic. On the plus side the operator (ProgressPlay) is UKGC- and MGA-licensed with player-fund segregation and eCOGRA dispute resolution, and strict UKGC/MGA marketing compliance is enforced with account deactivation for breaches.

Earning
Potential

Medium

True
RevShare

~35%

CPA

Via account manager

Payout

Undisclosed (AM); ProgressPlay pays monthly

Tracking

S2S On req. / API On req.

United KingdomTier-1 (UKGC, MGA)casino + betting
✓ UKGC + MGA Licensed✓ eCOGRA Dispute ResolutionRevShareCPAHybridSEO PublishersMedia Buyers

A UKGC + MGA (Tier-1) licensed casino & sportsbook program (Blue Fox, ProgressPlay) with strong regulatory fundamentals and eCOGRA dispute resolution, but a deliberately blank public affiliate interface — all commercial terms must be established with an account manager.

Boomerang Partners logo

Boomerang Partners

House Grade

B
Earning
Potential

Medium

True
RevShare

~70%

CPA

On request

Payout

Monthly

Tracking

S2S Yes / API Yes

GlobalEU Regulated (MGA)Casino + Sports Betting
✓ No NCO✓ No Activity Quotas✓ Tier-1 LicensedRevShareCPA AvailableHybrid AvailableSEO FriendlyHigh Volume / Agency

Reasonably safe, moderate value — Tier-1 licensed, crypto rails.

Digika logo

Digika

House Grade

B
Earning
Potential

Medium

True
RevShare

~50%

CPA

On request

Payout

Monthly

Tracking

S2S Yes / API Yes

GlobalCACuracao OffshoreCasino + Sports Betting
✓ No NCO✓ Pays in CryptoRevShareCPA AvailableHybrid Available⚠ NCO*SEO FriendlyMedia Buyer Friendly

Reasonably safe, moderate value — no negative carryover, crypto rails.

Miomedia logo

Miomedia

House Grade

B

Payment delays reported — verify before scaling.

Earning
Potential

Medium

True
RevShare

~45%

CPA

On request

Payout

Irregular / undisclosed

Tracking

S2S Yes / API No

Excl USUKFR; Neon54Curacao Offshore · Crypto-NativeCasino + Sports Betting
✓ No NCO✓ No Activity Quotas✓ Pays in CryptoRevShareCPA AvailableHybrid AvailableMedia Buyer FriendlySEO Friendly

Reasonably safe, moderate value — no negative carryover, crypto rails.

Stay Partners logo

Stay Partners

House Grade

B

Tier-2 Curacao license and heavy AU/NZ grey-market focus; verify local compliance. Note headline RevShare is reduced by ~20-25% NGR admin fees, and a High-Roller (>=EUR5,000) negative-balance clause carries forward.

Earning
Potential

Medium

True
RevShare

~25%

CPA

By negotiation (AM, fair trigger)

Payout

Monthly (by the 15th)

Tracking

S2S On req. / API On req.

AustraliaCanadaNew ZealandCuracao (Antillephone 8048/JAZ) — Tier 2casino + crypto
✓ Clean Payouts Since 2020✓ Reliable Payments✓ SoftSwiss/Affilka TrackingRevShareCPASub-affiliateCasino affiliatesCrypto-casino media buyersAU/CA/NZ trafficMulti-brand promotersReal-time optimization

A stable, boutique SoftSwiss/Affilka casino program (StayCasino + LuckyDreams) with clean payments, real-time tracking and no bundling. Curacao Tier-2 licensing caps the grade at B, and the RevShare is solid rather than elite after admin-fee deductions.

Traffillions Affiliates logo

Traffillions Affiliates

House Grade

B

Key affiliate protections (no negative carryover, no brand bundling) are reported only by third-party directories and do not appear in the official public terms — without a signed agreement the operator retains discretion to carry negative balances or cross-offset losses across its multi-brand portfolio. The Net Gaming Revenue definition and platform/admin fees are undisclosed, so the effective RevShare can sit well below the headline 30-50%. Most critically, all player accounts and commission streams sit with a single white-label back-end (ProgressPlay) reported to operate on thin margins with significant debt; an insolvency or regulatory suspension there would take the brands offline and put referred player bases and future commissions at risk. Payouts are manual (invoice to AM), there is no crypto option, and the platform offers no S2S postbacks or API.

Earning
Potential

Medium

True
RevShare

~50%

CPA

Negotiable (via AM, on request)

Payout

Monthly

Tracking

S2S No / API No

United KingdomCanadaNew ZealandTier-1 Licensed (MGA/UKGC, via ProgressPlay)casino
✓ Dual Tier-1 licensed (MGA + UKGC)✓ No delayed-payment or shaving reports found✓ Established 2014RevShareCPAHybridSEO / Content PublishersTier-1 Regulated TrafficCasino VerticalNot for Programmatic / Media Buyers

Traffillions is a Malta-based iGaming affiliate network run by Lucror Limited (a Revenue Engineers Group subsidiary), promoting a portfolio of ProgressPlay white-label casino brands (Dream Palace, Mobile Wins, Power Slots, Royal Swipe, Green Dog) that hold dual Tier-1 MGA + UKGC licenses. Best for traditional SEO and content publishers targeting regulated UK, Canada, New Zealand and South Africa markets who want a 30-50% RevShare on fully licensed brands. The catch: there is no S2S postback, no API and undisclosed dashboard freshness — so programmatic media buyers are poorly served — and the network's entire revenue stream depends on a single thinly-capitalized back-end provider (ProgressPlay reportedly ~EUR15k profit against ~EUR500k debt).

WebPartners logo

WebPartners

House Grade

B

Payment delays reported — verify before scaling.

Earning
Potential

Medium

True
RevShare

~35%

CPA

On request

Payout

Monthly

Tracking

S2S Yes / API No

North America offshoreCuracao OffshoreCasino + Sports Betting
✓ No Bundling✓ Pays in CryptoRevShare⚠ NCOMedia Buyer Friendly

Reasonably safe, moderate value — crypto rails.

WGRoyal logo

WGRoyal

House Grade

B

Session-based cookie window favors immediate-conversion traffic over long-tail SEO; Curacao license = grey-market exposure; new program (~2023) with limited public payment track record and a high-roller isolation clause on NCO.

Earning
Potential

Medium

True
RevShare

~35%

CPA

By negotiation (AM), GEO-scaled

Payout

Monthly

Tracking

S2S Yes / API Yes

CanadaMENA / Middle EastJapanCuracao (Tier 2)casino
✓ No Negative Carryover (high-roller isolation)✓ No Brand Bundling✓ SoftSwiss / Affilka platformRevShareCPAHybridFixedMedia buyers (PPC/FB/TikTok)SEO reviewersstreamers/influencerscrypto traffic

Technically modern single-brand program (WinsRoyal Casino) on SoftSwiss/Affilka with aggressive 35–50% RevShare, no negative carryover, and a low €20 payout threshold — strong for immediate-conversion Canada/MENA/JP traffic.

Winning Partner logo

Winning Partner

House Grade

B

Net 60 payment delay + £500 minimum + bank/PayPal only (no crypto/e-wallets); uncapped negative carryover; proprietary closed tracking (no public S2S/API); strict KYC onboarding. Operator also runs 7,000+ SEO sites (competes in organic search).

Earning
Potential

Medium

True
RevShare

~40%

CPA

By negotiation

Payout

Monthly (Net 60)

Tracking

S2S No / API No

UKEUEU Regulated (UKGC, MGA)casino
✓ Tier-1 Licensed✓ No Bundling✓ No Activity QuotasRevShareCPAHybrid⚠ NCOSEO Friendly

A stable, Tier-1 licensed UK network (Traffic Label) with 13 white-label casino & bingo brands and up to 50% RevShare — but Net 60 payouts, a £500 minimum, bank/PayPal only, and uncapped negative carryover make it a fit for patient, high-volume SEO publishers.

Wolfpack Partners logo

Wolfpack Partners

House Grade

B
Earning
Potential

Medium

True
RevShare

~35%

CPA

On request

Payout

Monthly

Tracking

S2S Yes / API Yes

GlobalCuracao Offshore · Crypto-NativeCasino
✓ No Activity Quotas✓ Pays in CryptoRevShareCPA AvailableHybrid AvailableMedia Buyer FriendlySEO Friendly

Reasonably safe, moderate value — crypto rails.

WOW Partners logo

WOW Partners

House Grade

B

25% admin fee reduces effective RevShare to ~26–45%; a documented Dec-2024 dispute showed sportsbook turnover fees creating a NEGATIVE NGR / negative commission within a period; Tier-2 (Curaçao/Anjouan) only; daily (not real-time) stats; cross-brand bundling unconfirmed.

Earning
Potential

Medium

True
RevShare

~37%

CPA

Up to €500 (+ hybrid)

Payout

Monthly (Net-20)

Tracking

S2S Yes / API Yes

DECAFICuracao + Anjouan Offshorecasino + betting
✓ No NCO✓ GPWA Platinum Sponsor✓ Crypto PayoutsRevShareCPAHybridSub-affiliateMedia Buyer FriendlySEO FriendlyCrypto-Friendly

A modern 2023 multi-brand casino/sports program (SGCasino, Wazamba, BoaBoa, Spinbara…) on ReferOn, GPWA Platinum, with crypto payouts and no negative carryover — but a 25% admin fee cuts effective RevShare to ~26–45% and a documented sports-NGR dispute warrants clear written terms.

Yeti Affiliates logo

Yeti Affiliates

House Grade

B

Effective RevShare is materially lower than the 40% headline after the flat 20% admin fee; several major EU markets (USA, France, Spain, Italy, Netherlands, Portugal) are prohibited.

Earning
Potential

Low

True
RevShare

~20%

CPA

Available on negotiation via account manager

Payout

Monthly (by the 10th)

Tracking

S2S On req. / API On req.

United KingdomSwedenFinlandUKGC/MGA/SGA — Tier 1casino
Triple-licensed (UKGC, MGA, Sweden)Strict No Negative CarryoverCasino Guru RG award winner 2024 & 2025RevShareCPAHybridTier-1 compliant trafficSEO webmastersUK/Nordic marketslong-term RevShare

A triple-licensed (UKGC/MGA/Sweden) flagship run by veteran operator L&L Europe, with a strict no-negative-carryover policy and award-winning compliance track record. Rock-solid trust; commission is fair but not elite after the 20% admin fee, and technical/self-service integration is undocumented.

7ladies logo

7ladies

House Grade

C

Session-only cookie erases SEO/multi-session attribution; commission terms gated; opaque offshore (Curacao/Anjouan) operator with no public payment history.

Earning
Potential

Low

True
RevShare

On request

CPA

By negotiation

Payout

Monthly

Tracking

S2S Yes / API Yes

InternationalCuracao + Anjouan OffshoreCasino + Poker + Sports Betting
✓ No NCO✓ No Bundling✓ Crypto-NativeRevShareCPA AvailableHybrid AvailableMedia Buyer FriendlyHigh Volume / Agency

Technically solid Cellxpert program for the 2024 Felixspin Casino: S2S, API, crypto + wire payouts, no NCO and no bundling. But fully gated commission terms, a session-only cookie that kills SEO attribution, an opaque Curacao/Anjouan offshore structure and near-zero public track record make it a test-first, media-buyer-only play.

Affilirise Affiliates logo

Affilirise Affiliates

House Grade

C

30% admin fee deducted before commission; session-only cookies; €500 minimum payout plus €25 fee; high-roller carryover exception; 2023 retroactive fee increase on record.

Earning
Potential

Medium

True
RevShare

~28%

CPA

Available on request (AM approval; rate undisclosed)

Payout

Monthly

Tracking

S2S Yes / API Yes

EuropeCanadaTier 2 (Tobique Gaming Commission)casino + betting
✓ No negative carryover (monthly reset)✓ Crypto + fiat payouts (USDT, BTC, cards, e-wallets)✓ 3-tier sub-affiliate program (2% / 1% / 0.5%)RevShareCPAHybridMedia buyersBonus/review sitesHigh-volume publishersCrypto-friendly

Affilirise runs a portfolio of mid-tier offshore casino/sportsbook brands (Cazimbo, Spinrollz, GreenLuck) on Cellxpert, with nominal RevShare to 40%. A 30% admin fee deducted before the split compresses the real top rate to ~28%, and session-only cookies plus a high-roller carryover exception make it best suited to high-intent, immediate-conversion traffic. The €500 minimum payout and a documented 2023 retroactive fee hike are the main cautions.

Affroller Affiliates logo

Affroller Affiliates

House Grade

C

Key commercial terms (payout cadence, postbacks, cookie window, cross-brand bundling) are not publicly disclosed; confirm with an account manager before scaling. Brand is young and currently Curacao-licensed with Tier-1 licenses still pending.

Earning
Potential

Medium

True
RevShare

~45%

CPA

Available (AM negotiation)

Payout

Undisclosed

Tracking

S2S On req. / API Yes

Tier-1 EUAmericasAsia-PacificCuracao Offshorecasino
✓ No Negative Carryover✓ Crypto-Friendly✓ Publicly Listed OperatorRevShareCPAHybridMedia BuyersSEO PublishersHigh-Volume

AffRoller is the in-house affiliate program of NYSE-listed High Roller Technologies (ticker ROLR), promoting its own casino brands led by HighRoller. The public-company structure gives it unusual financial transparency and low counterparty risk versus typical offshore operators, and it pairs a headline 45% revenue share with a clean zero-negative-carryover policy and a spotless AGD/GPWA reputation. The catch is thin public disclosure: payout frequency, postback support, cookie window and cross-brand bundling all require account-manager confirmation, and the brand is still young (launched 2022, Curacao-licensed while Tier-1 licenses remain pending).

Affshares Affiliates logo

Affshares Affiliates

House Grade

C

Aggressive terms: uncapped NGR deductions dilute effective RevShare 15-30%; 7-day earnings-dispute window; retroactive CPA clawbacks on frozen player accounts; dormancy clause cuts RevShare to 15% after one inactive month and removes commissions entirely after three. Bank-wire-only, €500 minimum payout.

Earning
Potential

Low

True
RevShare

~25%

CPA

By negotiation (€20 deposit + €20 wager trigger)

Payout

Monthly

Tracking

S2S Yes / API Yes

CanadaNordicsWestern EuropeCuracao / Anjouan Offshore (Tier-2)casino
✓ No NCO✓ No BundlingRevShareCPA AvailableSub-Affiliate 2%SEO FriendlyMedia BuyingCanada / Nordics

AffShares is the in-house program for offshore casinos Gomblingo (Curacao, 2023) and Yoyospins (Anjouan, 2025), targeting Canada, the Nordics and Western Europe. It pairs affiliate-friendly headline terms (No Negative Carryover, no brand bundling, tiered 25-40% RevShare) with a genuinely punitive rulebook: uncapped NGR deductions that dilute the effective rate 15-30%, a 7-day dispute window, retroactive frozen-user CPA clawbacks, and a dormancy clause that drops you to 15% after one idle month and wipes commissions after three. Solid Cellxpert tracking (S2S, API) but bank-wire-only payouts and a €500 threshold. Young, unproven, and heavy on partner-side liability.

A

Anadol24

House Grade

C

Parent operator Versus Odds B.V. was banned by Sweden's gambling regulator (Jan 2025) for illegally targeting Swedish players, and sibling brand domains face active blocking. No public terms & conditions, and the main sign-up flow can be geo-inaccessible. Confirm deduction terms and payout rules with an account manager, and strictly geoblock restricted markets (Sweden, UK, USA).

Earning
Potential

Medium

True
RevShare

~50%

CPA

From €20 per qualified player (AM-negotiated)

Payout

Monthly (€200 minimum)

Tracking

S2S Yes / API Yes

Canada (Tier-1)Brazil / LatAm (Tier-2)Select EUCuracao Offshorecasino + betting
✓ No NCO✓ No Bundling✓ Crypto PayoutsRevShareCPAHybridMedia BuyersGeo-TargetedGrey-Market

Anadol24 Affiliates is the single-brand program for Anadol24, a Curacao-licensed casino + sportsbook run by Versus Odds B.V. Commercial terms look attractive on paper — up to 50% RevShare, no negative carryover, no bundling, monthly crypto-friendly payouts — but they are largely undisclosed and negotiated via AM, and effective payouts are diluted by an unstated (sister-brand ~15%) admin fee. The bigger risk is stability: the parent operator was banned outright by Sweden's Spelinspektionen in Jan 2025 for illegal market targeting, sibling domains face active blocking, and the brand has no forum/industry standing. Best treated as a grey-market play requiring strict geo-targeting (Canada, Brazil) and S2S postback tracking.

Betiro Partners logo

Betiro Partners

House Grade

C

No publicly auditable affiliate T&C means the advertised no-negative-carryover and no-bundling policies are unverified and may hide high-roller quarantine or quota clauses. The offshore Comoros/Anjouan license offers no B2B dispute protection, so negotiate NGR deductions in writing and start on a test basis.

Earning
Potential

Low

True
RevShare

~25%

CPA

Available via account manager (private terms)

Payout

Monthly

Tracking

S2S No / API No

CanadaTier 2 - Comoros (AOFA) / Anjouan (offshore, low-oversight)casino + betting + esports + crypto
RevShareCPAHybridSub-affiliate (5%)Organic / SEO contentCasino review sitesCrypto trafficStreaming; not for paid media / programmatic

A young, crypto-friendly Curacao/Anjouan casino program with decent headline RevShare but no public contract, no S2S/API, and daily-only stats — fine for organic content publishers, weak for paid media.

Betongame Partners logo

Betongame Partners

House Grade

C

Uncapped negative balance carryover plus a 15-25% admin fee can erode earnings and let a single big-winning player offset commissions across billing cycles. Proprietary in-house tracking has no third-party audit layer, so verify click-to-depositor rates on a small test campaign before scaling.

Earning
Potential

Medium

True
RevShare

~25%

CPA

Available on negotiation (CPA/Hybrid), rate private via AM

Payout

Weekly (min. $30)

Tracking

S2S On req. / API On req.

BangladeshIndiaIndonesiaTier-2 (Curacao); UK arm separately UKGC/MGAbetting + casino + crypto
✓ No Activity Quotas✓ Lifetime CookieRevShareCPAHybrid5% Sub-affiliate⚠ NCOEmerging-market media buyersASO/APK publisherscrypto-payout affiliatesSouth Asia & North Africa traffic

A young 2024 crypto-friendly sportsbook program with weekly payouts and lifetime cookies, but weighed down by an uncapped negative carryover, a 15-25% admin fee, and an unproven reputation.

Betterplay Partners logo

Betterplay Partners

House Grade

C

Young network (launched Q4 2024) with limited payment track record and heavy gatekeeping of terms; parent identity and licensing are not publicly displayed, so obtain written confirmation of commission, carryover and payout terms from an account manager before directing traffic.

Earning
Potential

Medium

True
RevShare

~30%

CPA

Negotiable via account manager

Payout

Undisclosed

Tracking

S2S On req. / API Yes

PolandAustraliaInternationalTier-2 (Curacao)casino + poker
RevShareCPAHybridFlat FeeMedia BuyersSEO PublishersTraffic Networks

A well-funded but young and highly gated casino/poker network on enterprise NetRefer tracking whose attractive headline terms remain largely unverified.

BlueWin Partners logo

BlueWin Partners

House Grade

C

The Malta Gaming Authority has issued a public warning over false MGA-licensing claims tied to brands in this operator's (NovaForge LTD) portfolio — a serious trust red flag. The program also enforces uncapped negative carryover, session-only cookie attribution, a high $300 payout minimum and a broad withholding clause (Section 10.2) letting the operator unilaterally block or discount trackers for subjectively 'unprofitable' transactions, all under offshore Anjouan licensing. Verify all terms and licensing claims independently before sending traffic.

Earning
Potential

Medium

True
RevShare

~20%

CPA

By negotiation

Payout

Monthly ($300 min)

Tracking

S2S On req. / API On req.

CanadaBrazilInternationalTier-2 (Anjouan)casino + betting + crypto
RevShareCPAHybrid⚠ NCO*Media BuyersCrypto Networks

A multi-brand offshore casino network (NovaForge: Casinado, ViperWin, Viking Luck and others) with flexible headline terms but serious trust flags — an MGA warning over false licensing claims, uncapped negative carryover, session-only cookies and a broad withholding clause.

Brofist Partners logo

Brofist Partners

House Grade

C

A GPWA dispute over €30,000+ in withheld commissions (opened Dec 2022, unresolved through mediation into 2024) — the operator withheld citing 'non-cooperation on traffic audits'. A 'motivated traffic' clause can freeze an entire month's payout if 50%+ of referrals only min-deposit, CPA requires a 20-FTD minimum, and a flat 30% admin fee cuts effective NGR to ~40% of GGR. Session-only cookies and an associated operator carrying an ACMA warning (Hollycorn/Billy Billion) add risk. Document traffic sources meticulously and confirm terms in writing.

Earning
Potential

Medium

True
RevShare

~25%

CPA

Up to $500-700 (20-FTD minimum to qualify)

Payout

Monthly (€50 e-wallet / €500 wire)

Tracking

S2S On req. / API On req.

CanadaGermanySwitzerlandTier-2 (Tobique/Curaçao; MGA for one brand)casino + crypto + betting
RevShareCPAHybrid⚠ NCO*Media Buyers (compliance-heavy)

A multi-brand casino program (Dazard, Billy Billion, Millionaria) with strong tooling (Affilka/ReferOn, API, real-time) but a heavy 30% admin fee, aggressive traffic-audit withholding clauses and a documented €30k+ commission-withholding dispute — for disciplined, well-documented media buyers only.

High 5 Affiliates logo

High 5 Affiliates

House Grade

C

High regulatory instability: the operator has surrendered its UK B2C license (2023), terminated Pennsylvania RMG operations (Feb 2025), had its Connecticut Online Gaming Service Provider license suspended (illegal wagers, accepting self-excluded players), and faces a Maryland cease-and-desist. Section 10.1 instantly cancels all affiliate commissions for users in any market the operator is forced to exit, with no buyout. The agreement omits NGR/admin-fee definitions, negative-carryover and bundling protections, so true yield is unquantifiable and subject to retrofitted deductions. Section 7.9 allows discretionary, open-ended withholding of accrued commissions during investigations, and Section 9.2(a) terminates dormant accounts after six months with no new customers. Attribution is session-based, harming delayed conversions, and stats are daily-only.

Earning
Potential

Medium

True
RevShare

~22%

CPA

Negotiable (via AM)

Payout

Monthly

Tracking

S2S On req. / API Yes

United StatesCanada (Ontario)International (MGA markets)Tier-1 Licensed (MGA B2B · Ontario AGCO · NJ/MI/WV) · UKGC surrendered, CT suspendedsweepstakes + casino
✓ Tier-1 Licensed (MGA · Ontario)✓ Established Parent (since 1995)✓ S2S Postback + Gated APIRevShareCPA (negotiable)Sub-affiliateSweepstakesUS trafficMedia Buyer FriendlyExperienced/Compliance-heavyRegulatory Risk

High 5 Affiliates is the in-house program for High 5 Casino, run by High 5 Entertainment, LLC under software parent High 5 Games (founded 1995). It runs a dual model: tiered real-money RevShare (25-40%) for international/MGA traffic and a separate social-sweepstakes scale (16-22%) for the US (28 states) plus Ontario. Best for experienced US sweepstakes and compliance-savvy media buyers who can absorb regulatory churn. The catch: the operator's B2C footprint is collapsing (UK surrendered 2023, Pennsylvania terminated Feb 2025, Connecticut license suspended, Maryland cease-and-desist), the contract is silent on NGR/admin-fee definitions and carryover, attribution is session-only, and Section 10.1 cancels all commissions when a market is exited.

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