iCrystal has been around for a LONG time.
Gambling Federation is new and an iCrystal operation. They use Azur Media (Montreal) for their markering.
As for "near bankrupt" - I doubt that, they are the Platinum Sponsor at the @#$%& ( [www.casinoaffiliateconference.com
] ). They will be there, so I suggest you speak to them yourselves and see what's up.
I haven't dealt with them with regards to affiliate programs, so to that aspect, I can't help.
Hope I was some help :-)