Earn high commission rate every month. Affiliate Software: In-house: Revenue Share: Yes. Various companies and individuals well-presented in the webspace can join the rewarding industry and get a lucrative share by simply sending new. - Third quarter revenue grew 10 percent, and 13 percent at constant exchange rates, to $1. Amazon is one of the most recognisable brands in the world, and the third largest by revenue. See ratings by other affiliates and view affiliate program details, see all the associated brands, and contact the affiliate manager. 0. The price ranges from $25 to $35 per player. Wave Affiliates is a unique platform that enables affiliates to make a monthly proportion of their players’ total net revenue. No Negative carry-over. Most of the big opportunities in affiliate marketing come from retail. YES different supported language. It provides some of the greatest incentives in business and also conducts tournaments. Each casino affiliate can earn 30% of the revenue initially, which will increase to 40% as they bring in more customers to the Dafabet platform. 25% for FTDs of 0 to 10. Some of the main features that make this one of the top casino affiliate programs stand out are: Lucrative Commission Plans; Affiliate Payment. Casumo affiliates earn a revenue share based on the number of players they invite on the platform. Besides, 3 card poker games use a 52 card deck, and three cards are offered to the player and the dealer. If the revenue crosses $50,000 a month, the affiliate earns 45% of their casino NGR. This promotion is available for every member of WayBet88 provided that they have a winning amount of up to $6,888 to become eligible for partaking in this type of promotion. 1 billion, net income on a generally accepted accounting principles (GAAP) basis of. Final Words: BetMGM Partners Review. …5 beds, 3. The interface of the desktop and mobile versions are quite smooth. Lotto247 Affiliate Program. The Mayor of Wood Village, in Oregon, is making all efforts to get approval to open a casino in the city. 5% growth year over year. Jim Partners allows webmasters to earn up to a 50% revenue share with SuperCat Casino, Slottica Casino, Diamond Casino, Lucky Bird, and All Right. Affiliates that join the program will be assigned to. According to most Dafabet review available, the affiliate program offers a world-class online gambling experience to the most valued bettors and frequent visitors. Gambling Craft Affiliate Program ★ ★ ★ ★ ★ Join Now. 1 Fundings. In general, Videoslots affiliates today offer 3 key kinds of partnerships for its affiliates: CPA, Hybrid, and Revenue share method. 95/month and one-time payouts starting at $65+, the cost barrier is low, and the commissions are high. Commission Details. It offers over 500 games, which are provably fair thanks to the RTG and Nuworks gaming software providers. Revenue Share (RevShare) is a revenue model where vendors split their revenue with affiliates on a percentage basis. Turbo Vegas Affiliates; Income88 Affiliates; Haz Casino Affiliates; vCommission Affiliate; ZeePartners; Betobet Partners;. Basic and diluted net income per ADS were both RMB6. The Draftkings Affiliate Program offers its affiliates a revenue-sharing plan and a CPA deal mode. After that, it will rise to 35 percent for every pound and 40. 0. Now, the affiliates can have excellent customer services with the help of an experienced affiliate management team and unusual strategies. Each player then places an ante to the. After creating an account at Vave Partners, the platform offers a revenue share deal of 25%. All existing players can be a part of Bodabet, share success, and earn money through the following three steps:-Total Member Loss (USD)Contact Email info@income88. $1,001 to $30,000. For every website owned by 888 Holdings, the payments differ. Any Gday casino review will mention the amazing first deposit bonuses, free spins bonus, max bonus bet 5, bonus balance, bonus funds and welcome bonus. The BigWin Affiliates revenue share structure is particularly suitable for less experienced merchants, just entering the online gambling industry. Q3 Diluted Earnings Per Share (GAAP) of $1. This program is currently active in 40 countries worldwide. PRESS RELEASE PR Newswire. Cost of revenue as a percentage of net revenue was 18% for the third quarter of 2023. com. All future brands will be treated separately so one result will not affect the other. In CPA, it is between $20 to $120, and for revenue sharing, it is between 30% and 60%. The casino has amassed around 20 years of experience in online gambling, which can be noticed from the first impression. 08 per share in dividends in 2021 before implementing a whopping 49% raise in 2022 and then raising the dividend by another $0. Income88. €1000. It can be 30% for those that bring up to 9 players to the casino brands, but partners that bring more than 51 players will earn 45% of the revenue share. 65. In the cost per acquisition model, the base revenue starts at $50 and goes as high as $300 as the number of players rises. The online casino affiliate program of 888Starz allows affiliate partners to earn commissions for marketing or bringing new players onto their platforms. He is suggesting that additional tax revenue earned from the casino would come to help deal with the crisis of homelessness. Q4 2021 GAAP revenue $1,294. Edna Boykin Last Updated: June 27, 2023. Most of the big opportunities in affiliate marketing come from retail. 188BET is a legitimate and licensed online casino under Annatar Limited. Additionally, Spinaru Partners has quality affiliate marketing materials that you may use to entice website visitors to your company. 78. Product development expenses for the third quarter of 2023 increased by 44% to RMB3 . $30,001 to $55,000. Slots. Income88 Affiliates calculates this figure on a monthly basis as gross gaming revenue minus license fees, betting and gaming taxes, payment costs, bonuses, jackpot. Lucky Dreams upholds the principle of responsible gambling by prohibiting underage gambling on the site. Torstar aims to stand out from the competition. Revenue share is the standard and the most popular partnership model at the 7StarsPartners casino. Bag a share of the grand prize pool worth $5000 by winning up to $100 every day. 5%, Fully Diluted GAAP Earnings Per Share $0. We feel like they work like they are a part of our team. For an entity to be a foreign affiliate of a taxpayer resident in Canada: the entity must be a corporation, the entity must not be a tax resident of Canada, and. Originally launched as an online bookstore in 1995, Amazon spent its first few years as a. James Plousis, the Chair of the New Jersey Casino Control Commission, has expressed confidence that the city will have a stronger year. 9%, which is relatively high among Dividend Kings. The multi-tier commission system offered by NewGen Affiliates has a starting NGR of 30%. The Retail Sector Generates 43% of Affiliate Marketing Revenue. Upon joining, affiliates can bankroll an amazing 25% to 40% revenue share based on the net revenue of the players they bring in. Income88 Affiliates 4. We are offering our income88. Income88 is a nice affiliate program with a highly professional affiliate team behind it. Wow Affiliates are committed to helping webmasters access their platform. Vave Affiliate Program. But unfortunately, the BetWarrior affiliate program site doesn’t offer any sub-affiliation programs or sub-affiliate commissions. This platform is smooth and accessible from all devices. Read our Mate Affiliates review and discover one of the newest companies in the sector. Profitable RevShares, and CPAs are accessible. Roche also further elaborates that the majority of affiliates, that is 80%, fall between the beginner and advanced categories and earn anywhere between $0 to $80,000 annually. Getting paid: The Shopify Affiliate Program requires a minimum balance of $10 before withdrawals can be made. Every month, the first 10 days are used to handle all payments. Affiliates can earn up to 30% on revenue sharing every calendar month. so getting a slice of the market share will be tough. Step 2: Within 24 hours, the user will get a response from the affiliate team of the MegaRush affiliates’ website. Income88 Affiliates. 20% of the net revenue generated by Sunbet through the referral. ft. You will get the minimum revenue share for net gaming revenue of up to £5,000 each month. For NGR up to £5,000, you get the lowest percentage, and your earnings are capped at £1,250. The brand has been in the business for many years and operates in several countries. They will be paid a percentage of the revenue generated by their referrals for the first 730 days of play by their referrals. Based on first-time player deposits, the 1xSlots Partner Program gives about 45 percent net revenue share on a sliding scale:-. Casiplay Casino Affiliate Program All affiliate programs are done on a lifetime basis, where partners receive anywhere between 30% to 50% cash revenue share for all new players brought in, depending on the amount of real money used by them. 35% for FTDs of 21 to 30. $10. How Much Of a Revenue Share Do PlayAttack Affiliates Offer? Depending on the number of referring players making monthly deposits, PlayAttack offers a tiered income share scheme. So, now that we have a basic picture of this program, it is time to cover some of its integral aspects. However, there is a negative carryover from one month to another. The casino affiliate can earn by welcoming more players to the online casino every month by completing the registration with Mystake casino. It uses high-security algorithms such as SSL Encryption technology and provably fair games to ensure complete transparency. Campeon Gaming Partners is one of the top affiliate programs for casinos to join. 37. Their bonuses, free spins, winnings, everything is top-notch. Affiliate program details: Commission: As high as $150 for all full-priced plan referrals, dependent on merchant location. Step 2: Press the sign-up button. The affiliate platform gives partners attractive revenue sharing levels and specialized marketing tools. What can I do about being spammed by an affiliate? Income88 is committed to both preventing and dealing with any issues associated with spamming by our affiliates. Affiliate Marketing Industry is set to grow to approximately $14. 45%. The second highest taxed revenue is generated from personal and corporate taxes, which totaled $1. Lotto247 Affiliate Program. These are customized models that affiliates can request after sponsoring any brands for a set period. The affiliates could expect their earnings to be 25% to 40% of the revenue share generated through referrals. The highest share of affiliate marketing revenue comes from the retail industry, with 43%. house located at 2388 W 35th Ave, Vancouver, BC V6M 1J6 sold for $5,580,000 on Nov 30, 2017. We offer our affiliate partners a lifetime revenue share on all players. They are also provided with a dedicated affiliate manager for all queries. With up to 50% in commission, Income88 offers one of the highest rates in the industry. Types of Partnerships for Affiliates. We only share the best ones – the ones proven to work – with you. Types of Partnerships for Affiliates. In case of a breach by the Partner Company of clause 3. If your earnings from copyrights, patents, or other types of rights put you just above the threshold and you enter a higher tax bracket, you must pay the higher rate. 7 out of 5 rating from over 60 independent reports on Trustpilot, which is fantastic. It offers a 25-40% commission on valid referrals. €500. Epic Partners is the official casino affiliate network of the two trusted casino names: Frank & Fred and Klirr Casino. Step 1: Create a Mega Dice account; go to the casino site and create an account by providing your email, username, and password. Make a deposit of at least $20 to grab the weekly bonus of at least 25% up to $100 bonus and a set of 10 free spins (from 5, 500 per week to more than that). So, for example, in over 30% of cases, the gaming industry combines cost per action and revenue share as affiliate models. 03 (US$0. Additionally, there is no negative carryover, which is a huge advantage for all partners. The GrandPrive Affiliates are the chief operator of the affiliate program. It is a licensed casino, offers 100% welcome bonus on sign up, along with other online casino bonus offers. Multiple banking options are available. Every new customer at WayBet88 can avail of a $188 bonus. Key Aspects About TrustDice Affiliates. They provide a 25 percent minimum commission rate. It includes all the necessary security measures, gaming titles by reliable leading game providers and safe and secure payment options. BazingaBet Affiliate Program BazingaBet has a reasonably simple affiliate program with both lifetime Revenue or CPA and a Hybrid revenue share model available for the users. With its fast payouts and sportsbook options, it has become the market leader in the gambling. Bet Affiliates program provides the affiliates with a revenue-sharing partnership program, a CPA-based partnership program, and a sub-affiliate program. Supercharge your website with new passive revenue streams. A gambling operator and a partner may work together in a business arrangement known as a “Megapari Partners,” which enables the first party to lower the expense of promoting its brand while allowing the second party to get up to 40% of the proceeds from new players. Apart from these online casino games, the. This website offers a common commission structure and allows advertisers to request any kind of alternative arrangements, such as CPA modules, Hybrid schemes, and CPL plans. 0% Adjusted revenue $1,296. The CasinoLuck Affiliates program offers attractive commissions on all hybrid deals, including CPA ones. A complete poker hand (5 cards) face down is dealt with each player before the betting takes place. Cisco reported second quarter revenue of $13. On desktop and mobile, the VIPs Casino Affiliate Program strives to be the fastest payback online casino. As we have seen before, the net revenue share structure allows users to push their revenue for each customer to a maximum of 45%. Affiliate marketers are valuable to merchants because they can reach specific audiences composed of potential customers. com affiliate program get: Initial Three Months: 50% Revenue Share; From the fourth month on, they will assess the outcomes of the first three months’ performance and determine whether you will receive a fixed or a ladder revenue share. The commission is based on a percentage of the NGR, which is calculated as cash bet – cash won – fraud. Before deducting the fees specified in the preceding sentence, the normal transactions include a gross revenue share ranging from 25% to 50%. 5 fee following the initial free withdrawal. Since November 2020, Emojino Casino has been using True Flip Group’s software platform –. This casino’s affiliate program is represented by WolfPack Partners, which is known as the best casino affiliate program. BetShah affiliate program offers both CPA and revenue share models and a commission of up. The plan provides competitive CPA offers to online affiliates. All future brands will be treated separately so one result will not affect the other. They have mobile-friendly software that runs on Android and iOS. 15% can earn upwards of $80,001 to $1 million, while only 1% of affiliate marketers are raking in six- to seven-figures monthly. This website offers a common commission structure and allows advertisers to request any kind of alternative arrangements, such as CPA modules, Hybrid schemes, and CPL plans. €1000. This scheme helps an affiliate earn a percentage share of their players’ total monthly net revenue generated. 83), compared to. Step 2: Click the Join Now button in the top right corner. The platform is provably fair, meaning that players can verify the randomness of the games in the list. December 31, 2021. However, if you make an initial deposit of six to twenty players, your rate will increase to 20%. Join Income88 Affiliates Affiliate Program and earn money today | Real-time stats High Commission Exclusive Promos High Player RetentionVTBET88 Affiliate Program. Royalties are generally based on the number of units sold, such as the number of books, tickets to a performance, or machines sold. The affiliates earn a flat rate percentage share for each referral for the first 999 days of play. Personalization: Each affiliate gets a personal VIP affiliate manager who can assist them with any questions. Income88 Affiliates 4. Cyber. Slotland is a one-of-a-kind online casino that started its operations in 1998. Affiliates can get anywhere from 25% to as much as 50% share of the net revenue their referred players are able to generate for the online casino brands (rates are dependent on the net revenue). Our Wolfpack partners review shows the plan contains four separate levels, with monthly revenue share rates ranging from 35% to 50%. As the number of new players rises, so does the. 77 in Q3 of 2021. The commission is calculated based on the company revenue, minus promotion bonuses, financial fees, and company expenses fees. Sportsbet. Turbo Vegas Affiliates; Income88 Affiliates; Haz Casino Affiliates; vCommission Affiliate; ZeePartners; Betobet Partners;. The Tiered Rewards Affiliates Revenue Share concept has three levels. For SEO, indicate Website URL/s For Others, indicate * Which deal would you prefer? CPA - upon approval ; REV SHARE ; HYBRID - upon approvalWhen a user joins the program, the company offers detailed reporting as well as tracking functionality to attract commissions that starts from 50% revenue share for the first three months. The official lottery affiliate program for Lotto247 is LottaRewards. W88 platform is renowned for sports betting and casino gaming. As a result of one-time items, including Radisson Hotels Americas integration. Winspirit Affiliates MyAffiliates 6. The online brands and products operated by the Betway group are represented by the Betway Partners affiliate network, founded in 2005. The official lottery affiliate program for Lotto247 is LottaRewards. Calculating the current share based on the performance of affiliates from the prior month sets it apart from the competition. The Income88 Affiliate Program has the highest reputation in the online gambling industry and provides informative and fruitful cooperation. Super affiliate – over $100,000 monthly. *เงินตรา สกุลเงินของคุณไม่สามารถเปลี่ยนแปลงได้เมื่อคุณ've ได้ทำการสมัครไปแล้วRecord revenue of $18. Q3 Adjusted Diluted Earnings Per Share (Non-GAAP. Amount. The second choice is to make use of their revenue-sharing program. Income88 offers several benefits to its affiliates: Competitive commission plans: up to 50% revenue share; No negative carry-over for the succeeding month All Categories Affiliate Networks. Income88 shall pay the Partner Commission and paid to the Partner Company on a monthly. See moreThe sports betting and casino affiliate program of Income88. Filter. If you are excited to become a Casino Alpha Affiliate, the experts at the casino suggest that you need to take the following key steps:-Sportsbet. The BetUS Affiliate Program is a revenue-sharing program that offers affiliates a commission on all bets placed by their referred players. Turbo Vegas Affiliates; Income88 Affiliates; Haz Casino Affiliates. Generous revenue share scheme: The Income88 affiliate program offers a multi-tiered commission structure based on the net revenue generated by the players you refer. 2 million, up 7. The casino affiliate program uses MyAffiliates software. 5%, Adjusted Diluted Earnings Per Share $1. so getting a slice of the market share will be tough. The Top 10 Best Online Casino Affiliate Programs for 2023. Royal Planet Casino affiliate program will give you up to 40% revenue share. No Negative carry-over. Betway Partners Review 2023: Great Revenue Share and CPA Deals! Casino affiliate marketing is currently trending in the world of online gaming. 12 billion, up 34% from Q2, up 206% from year ago; Record Data Center revenue of $14. Bruce Studer and Matt Rossman filed ballot proposals on January 30 with the Oregon Secretary of State. eCommerce (337) Dating (469) Incentive (63) Mobile (207) Game (149) Crypto. BC. STS Affiliates, the iGaming operator STS Gaming Group’s affiliate program, was established in 2006. No negative balance carried over from month to month. Nov. When they generate around €5000 from referrals, they get 25%. Find out the revenue, expenses and profit or loss over the last fiscal. Read our Hero Affiliates Review for 2023 and know the affiliate program's real-time deals for commissions with no hidden costs and no negative carryover. It provides an immersive casino experience to players; the live casino gameplay is much more realistic than the digital version. The creators of VIPs Gaming are gamblers who have been employed in the casino business since 2005. Affiliates can make unlimited earnings, while players can earn additional cash with the 888Tron. 7 million for second quarter 2023, representing diluted earnings per share (EPS) of $1. Join Income88 Affiliates Affiliate Program and earn money today | Real-time stats High Commission Exclusive Promos High Player RetentionCasino Brango Affiliates are governed by Curacao law. W88 Casino Review 2023 – Slots, Live Casino & Sportsbook. Cost of revenue as a percentage of net revenue was 18% for the third quarter of 2023. Since then, Income88 has developed its network into a leading affiliate provider partnered with brands operating in Asia’s most robust markets like China, Japan, Thailand and Vietnam. No negative balance carried over from month to month. The range of Affiliate plans covers all three commission structures: Cost per Account (CPA), Revenue Share and or the Hybrid deals. the taxpayer must meet an equity ownership requirement with respect to the entity. From 30,001 to above. User login. Apart from these online casino games, the. com affiliate program for NEW AFFILIATES: First 3 months: 50% Revenue Share; 4th month onwards: we will evaluate the results of the first 3months result and we. From our Branders Partners review, we can say that affiliates can earn between 25% to 40% at the casino in the form of revenue share. Commission Details. BazingaBet does not hide information related to revenue percentage and offers a revenue-sharing model based on the net revenue of the player referred by the. It offers over 500 games, which are provably fair thanks to the RTG and Nuworks gaming software providers. The Bodog casino has had enough time at hand to bring its casino and sportsbook offerings to perfection. You can select between a revenue sharing. 10/5;The Internal Revenue Service (IRS) has released data on individual income taxes for taxA tax is a mandatory payment or charge collected by local, state,. Affiliate Software: SoftSwiss: Revenue Share: Up to 50%: Cookie Duration. The program has a robust rewards system and great revenue-sharing commissions. Best Affiliate Programs. Affiliates can promote 4StarsGames online casino by joining the program, while the revenue share is determined by how much revenue partners bring in over a given month. 38. W88 Casino Review 2023 – Slots, Live Casino & Sportsbook. It is calculated by the number of fresh first-time deposits made every month. 2 days ago · Basic and diluted net income per share were both RMB1. $0-$7500. io is the fastest-growing crypto sports betting site in the industry, offering more than 420,000 pre-match sporting events and live events every year. Affiliates from 50 countries are linked to Mostbet Partners, including Russia, Azerbaijan, Uzbekistan, Ukraine, Turkey, India, Spain, Brazil, and the CIS. Best Affiliate Programs. BetMGM Partners is an amazing platform that meets all of the standards of an ideal affiliate program. If your referrals accumulate between £250. The base rate is 25%, but if you negotiate with your affiliate manager, you can ask for an increase of up to 45% in rev share based on the below table: Net Gross Revenue. Additionally, there is no negative carryover, which is a huge advantage for all partners. com Income88. Your registration signifies your acceptance on its Terms and Conditions (T&C) it. io, a sophisticated crypto casino. You start the. The basic commission at the Commission Kings Affiliates varies per the players’ platforms. The commission fee for payment systems is 10%. 9Winz Affiliates Proprietary Software. Torstar aims to stand out from the competition. The top 1 percent’s share of federal individual income taxes paid. 01 – £5,000. Cashimashi Affiliates; Revenue Giants; Live Partners; Bollybet; Rank Affiliates;. The Draftkings Affiliate Program offers its affiliates a revenue-sharing plan and a CPA deal mode. The government of Malta has granted Epic Partners a licence. The first opportunity is their CPA offer, which allows you to make up to $35 for each person who signs up for a monthly subscription using your affiliate link. With exclusive marketing tools and a proficient support, we facilitate […] Income88 offers you the opportunity to promote unique brands and receive payments for the players you are referring to the website. Income88 Affiliates 4. Unlike a regular job that needs you to work regularly to continue earning, affiliate marketing allows you to make money when you sleep. Sub affiliate Commission Details. These brands provide premier slots and other casino games on desktop computers and mobile devices. For BetOnline. 10/5; Vamos Affiliates 4. 152 Best Affiliate Programs, No Negative Carryover Programs. The government of Anjouan licenses and regulates Slotland Casino and its sister concerns. This tracks closely to what how we categorize our affiliate customers on ClickBank, with Silvers (beginners) earning up to $25K annually, Golds (intermediates) earning up to $250K, Platinums (advanced) earning $250K and up, and Diamonds (super affiliates) earning. 9Winz Affiliates Proprietary Software. Remember: Fiverr gets 20% of each purchase, so a 10% revenue share means you’ll get a 50% cut from our net income on top of the $10 instant CPA. , will be provided for easing their promotional activities. And for that, revenue share affiliate marketing networks are the best resources to use. The net revenue share can go as low as 12. 10/5; Z-Partners 4. com affiliate partners rewarding conditions and also commissions up to 50%, plus huge customer bonuses for sports betting, casino and virtual games. Income88 Affiliates; Haz Casino Affiliates; vCommission Affiliate; ZeePartners; Betobet Partners;. Sands, MGM, Wynn, Melco, SJM, and Galaxy, are the 6 casinos of the SAR region. 57. The basic scheme includes the net revenue sharing plan, which allows affiliates to receive a proportion of their referred players’. Final Words: Cashimashi Affiliates Review. With its 50% Revenue Share affiliate commission, Ace Revenue gives every online casino website for affiliate a chance to make a lot of serious money. 26 billion. 20/5; Efortuna Affiliates 4. Income88 is a rapidly expanding affiliate program since its launch in 2015 Since then, Income88 has developed its network into a leading affiliate provider partnered with brands operating in Asia’s most robust markets like Japan, Thailand and Vietnam and more markets to come. 25%. It is an excellent place for people. Affiliates will get a revenue share of 30% for up to 9 referrals. Selected Financial Results (Unaudited) ($ in thousands except per share amounts) For the three months ended March 31, 2022. 94, up 27. Income88 offers a generous revenue share scheme starting at 25% and eventually topping off at 50% from their casino sites. 88 compared to $0. Income88 Affiliates MyAffiliates 6. The commission rate increases to 35% for new players between the ages of 10 and 19. 83 * 0. io review. In 2005, Gala Coral entered into a merger with Coral Eurobet to become one the top-tier gambling and bookmaker websites. The Dream Team Affiliates revenue share is based on the number of new depositing players that partners bring to the table. Here is an overview of what we offer our affiliates: 1. Founded in 2004, based in the Philippines, Dafabet is the best casino online for gamblers interested in sports betting Thailand. Critical assessment of the features of 888 Casino. Record revenue of $18. ERISA allows revenue sharing for retirement plan sponsors so that a portion of earned income from mutual funds would be held in a spending account. Campeon Gaming Partners is one of the top affiliate programs for casinos to join. AskGamblersでのアフィリエイトプログラムの詳細、アフィリエイトユーザーのレビュー、アフィリエイトの苦情、ニュースなどを含むIncome88 Affiliatesの最も信頼できるレビュー。Don’t forget to ask for your personally-tailored revenue share scheme! QVaff Affiliates Commission – Revenue Share & CPA. Appease the Wonderos God by kick-starting every week with the most wonderful bonus offers at Casino Gods. 888Starz Affiliate Program. 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Affiliate Program at Fruitkings Casino . YES high commission rates. Craze Affiliates Gofiliate 6. For the three months ended March 31, 2022, net loss, Funds From Operations and Core FFO attributable to common shareholders were: Annualized Net Operating Income for the three months ended March.