Loki Casino Affiliates Review: 1RED Partners Terms in 2026

Loki Casino’s affiliate program is live in October 2026, but it no longer runs under its own name: the casino’s footer sends partners to 1RED Partners, which also promotes 1Red, Spinch and Onluck. The binding terms set a standard revenue share of 40% of net gaming revenue after a 30% admin fee, payouts once your balance reaches EUR 500, and a negative-carryover rule that absorbs the first EUR 10,000 of losses each month.

We read the 1RED terms PDF, the programme homepage, Loki’s footer and the Anjouan licence validator on 8 October 2026. Where the marketing homepage and the contract disagree, this review follows the contract. We may be paid by some programmes listed on this site.

Who operates Loki Casino, and is the licence valid?

Loki’s footer names Tessera Limited S.R.L., registration number 3-102-913501, a company registered in San Jose, Costa Rica, as owner and operator. The licence is Anjouan number ALSI-202410047-FI2. Clicking the seal on lokicasino.com opens the Anjouan Licensing Services validator, which on 8 October 2026 showed Tessera Limited SRL, lokicasino.com as the registered website and an operating status of VALID.

Check it the same way yourself: open the seal from the casino page, because a bare-domain lookup on the validator does not confirm anything. The validator also lists the territories the Anjouan licence does not cover: Australia, the Comoros, France, the Netherlands, Spain, the United Kingdom and the USA, plus FATF-blacklisted and sanctioned countries.

The affiliate contract is with a different company. The 1RED terms say the programme is operated by Spintera Limited S.R.L., Costa Rica corporate number 3-102-924150-2, with an office in San Pedro, San Jose. Your agreement, payouts and disputes run through Spintera, not the casino operator.

Verdict for affiliates

1RED offers a clear written formula and crypto payouts with no fee, and the EUR 10,000 negative buffer is generous for small and mid-sized sites. Against that, the 30% admin fee is high, brands are paid separately, and the EUR 500 threshold means a new site can wait months for its first payment. If those trade-offs do not suit you, our crypto casino affiliate programs directory lists programmes with lower thresholds.

Commission formula

Section 7 of the terms sets the standard plan in one line: 40% of NGR, where NGR is revenue minus the admin fee minus bonuses. The admin fee is 30% for each of the four brands (1red.com, lokicasino.com, spinch.com and onluck.com). In the definitions, NGR is bets received from your new customers less winnings, bonuses, balance corrections, administration fees, and fraud costs and chargebacks.

Worked example

Your Loki players lose EUR 9,000 in a month and receive EUR 1,200 in bonuses. Applying the 30% admin fee to the EUR 9,000 leaves EUR 6,300; subtracting bonuses gives NGR of EUR 5,100. At 40% you earn EUR 2,040. On the same gross loss, a programme with no admin fee and a 30% rate would pay EUR 2,340, so the headline 40% is less generous than it looks. (The terms do not say whether the fee is taken before or after bonuses; we applied it to gross revenue, which is the more common practice.)

Negative carryover: what the contract really says

The 1RED homepage advertises “no negative carryover”. The terms are more precise. If your NGR for a month is negative by EUR 10,000 or less, it is not carried over. If it is more negative than that, the excess is carried into the next month and 1RED absorbs the first EUR 10,000.

Brands are also kept apart. A negative on Loki does not reduce a positive on Spinch, and each brand is paid on its own. The terms give an example: a brand at minus EUR 13,000 starts the next month at minus EUR 3,000, a brand at minus EUR 3,000 resets to zero, and a brand at plus EUR 4,000 is paid in full. FTD counts, by contrast, are pooled across all the casinos you promote.

Payments and fees

• Commission is calculated at month end and paid monthly in arrears, no later than the 15th; invoices are paid by the 25th.
• Payment lands in an affiliate wallet, and KYC documents may be requested before you can withdraw.
• Payout threshold: EUR 500. Smaller balances roll forward until the threshold is reached.
• Single withdrawals start at EUR 100, subject to the threshold and method rules.
• Since 1 January 2026, bank transfers cost EUR 100 with a EUR 1,000 minimum cashout. Crypto withdrawals carry no fee.
• Payment-detail changes must be made by the 5th of the month after the calculation month.
• Disputes over a statement must be raised within 14 calendar days, or the balance is treated as accepted.

For a crypto-focused site, the fee table makes the choice easy: take payouts in crypto and keep a record of the euro value on receipt. Our bitcoin affiliate marketing guide covers how to book crypto commission.

CPA rules that can void a payment

CPA is paid only for players whose total bets at least equal the CPA amount, and only from GEOs approved in writing before you send traffic. Clause 6.10.1 excludes duplicates and linked accounts, self-excluded or limited players, closed or blocked accounts, and any activity flagged as fraud, bonus abuse, collusion or irregular betting. 1RED may also redirect CPA players to other company websites. Get every GEO and baseline in writing before launching a CPA campaign.

Contract restrictions

• Brand bidding, look-alike domains and copying the casino’s look and feel are banned (clause 2.9).
• Only approved creatives may be used.
• 1RED may suspend your account and withhold commission linked to any campaign it considers in breach, and may terminate immediately.
• Money left in the affiliate wallet can be withheld if it is not withdrawn within three months.

Market risk for Loki affiliates

An Anjouan licence does not authorise marketing in licensed markets. Sweden’s Spelinspektionen, for example, bans unlicensed operators and pursues companies that promote them. Australia is excluded by the licence itself, and ACMA says the 2026 reform bans activity-based affiliate commissions from 1 January 2027. Our notes for webmasters explain how to geo-filter offshore offers.

Loki itself is a long-running brand (1RED describes it as having more than ten years in the market) that takes bitcoin alongside fiat. That history is useful, but the operator and contracting company have both changed since the programme our older page described, so read the current PDF rather than any review written before 2025. Our review method explains which clauses we score first.

Frequently asked questions

Does Loki Casino still have an affiliate program?

Yes. Loki Casino links to 1RED Partners, which runs affiliate deals for Loki, 1Red, Spinch and Onluck under terms published as a PDF on 1red.partners.

How much do Loki Casino affiliates earn?

The standard plan is 40% of net gaming revenue, after a 30% admin fee and bonuses are deducted. CPA deals are negotiated per GEO.

Is there negative carryover at 1RED Partners?

Partly. Monthly negatives up to EUR 10,000 are wiped, and only the amount beyond EUR 10,000 is carried forward. Each brand is calculated separately.

What is the minimum payout for Loki affiliates?

Payouts start once your balance reaches EUR 500. Crypto withdrawals are free, while bank transfers cost EUR 100 and need at least EUR 1,000.

Who operates Loki Casino and what is its licence?

Tessera Limited S.R.L. of Costa Rica, under Anjouan licence ALSI-202410047-FI2, which the Anjouan validator showed as valid on 8 October 2026.