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Lock Poker to buy Cake Poker Network

Discussion in 'Casinomeister's Poker Room' started by jetset, May 7, 2012.

    May 7, 2012
  1. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    For Immediate Release:

    Cake in Process of Selling Selected Assets to Lock Poker

    Curacao, Dutch Antilles, May 7th, 2012 – Cake Gaming N.V. has announced today it is in the process of selling selected assets to Lock Poker, enabling Lock to rebrand the existing Cake Network to Revolution Gaming. Cake will continue operations providing all of its current Network partners, sites and players the opportunity to be part of the Revolution Gaming Network.


    Cake is excited about the benefits this deal will offer all of its partners and players, including increased player rewards, a richer tournament schedule and new product features. This deal also allows Cake to focus efforts on its current European, South American and Asian business with another exciting announcement to soon follow.
     
    4 people like this.
  2. May 7, 2012
  3. Silencio

    Silencio Dormant account

    Occupation:
    Webmaster
    Location:
    Netherlands
    Lock Poker? hmm something is/was wrong with them I think.. or am I confusing them with the casino brand :confused:
    finding a lot of Rogue warnings when I google them, so must be the same brand / group..
     
  4. May 8, 2012
  5. kavaman

    kavaman Senior Member PABnononaccred3 PABnononaccred3 MM

    Occupation:
    It
    Location:
    finland
    Yup, they are the same owners as lockcasino, which had a number of problems with delayed withdrawals for extensive periods. They were accredited here i believe. Wonder where they got the cash after all those problems.
     
  6. May 8, 2012
  7. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    There has been a lot of player opprobrium attached to Lock Poker and casino, and there was some not very nice publicity on its lawyer who is apparently an abrasive character who once worked for the Cake network.

    If the Lock claims that they constitute 40 percent of the Merge Poker Network's player liquidity are true, then their departure will impact that network quite badly, I would imagine.

    Lock's CEO Jennifer Lawson says Lock has "outgrown" Merge.
     
  8. May 8, 2012
  9. dazlazz

    dazlazz Experienced Member

    Occupation:
    Prophet
    Location:
    London, UK
    Mmmm saw their site a while back, looks quite cool compared to most - I would guess they are well bankrolled! Never liked Merge network though! Interesting, will keep any eye on them. Cheers for heads up Jetset.
     
  10. May 9, 2012
  11. Silencio

    Silencio Dormant account

    Occupation:
    Webmaster
    Location:
    Netherlands
    or the problems got them cash :D

    Still a lot of poker rooms using Merge besides Lock, never played any of them myself though. And by name only familiar with a few.
    Black Chip Poker
    RPM Poker
    Poker Host
    Hero Poker
    Optimus Poker
    Club7 Poker
    Felt Stars
    PDC Poker
    Bluff Room
    Poker View
    GR88
    Tux Poker
    Overbet
    Bulldog777
    PokerCity
    PokerIAS
    Poker Aga
    Kakuy Poker
    Walker Poker
    Golden Arch
    IronDuke
    KingsClub
    1bet2bet
    betonusa
    oddsmaker
    PokerOne
    hahapoker
    Stride Poker
    Geo Bet
    sportsbook.com
    poker nordica
    players only
    carbon poker
    aced
     
  12. May 16, 2012
  13. Luckylizzy

    Luckylizzy Dormant account

    Occupation:
    content manager for affiliate sites
    Location:
    Orlando, Fl
    I'm interested to see where this will lead.
     
  14. May 19, 2012
  15. Silencio

    Silencio Dormant account

    Occupation:
    Webmaster
    Location:
    Netherlands
    Cake Poker Network is re-branding..
    So I'm guessing the sale went through..
     
  16. May 19, 2012
  17. tat00

    tat00 Experienced Member

    Occupation:
    SELF EMPLOYED
    Location:
    san diego cA
    i used to play lots of lock casino and had no issue with payment- and now i have been playing lots of poker at lock
    havent been able to cash out yet but will give you guys a heads up once i do
     
  18. May 28, 2012
  19. Jennifer

    Jennifer Banned User - violation of <a href="http://www.cas

    Occupation:
    stuff
    Location:
    canada
    I used to love cake poker years ago. Their rewards/bonus and rakeback was superb. I have no clue who the moron is that ruined that site but he should never be able to work in the poker industry again. Cake could have grew into a huge poker website, they had so much potential but blew it big time.
     
  20. May 28, 2012
  21. Nifty29

    Nifty29 Dormant account

    Occupation:
    PAID CASINO SHILL
    Location:
    Turn right, then right. then right again
    So.....are Lock Casino paying on time now and paid out all players owed?

    If not, then serious questions need to be asked.

    Lock were fantastic when they opened. I played there a lot, but then the wheels fell off.

    One of the best things is that they were using the highest RTG "maths model/RTP" of ~97%. Perhaps it had something to do with it, as they had generous boni and I had some really good sessions there. Real shame actually.

    I did try Cake Poker, but found it tough getting all the cream and icing off the table and too many crumbly sponges. I went back to just chips......sweeping up a little salt is much easier...
     
  22. May 28, 2012
  23. tat00

    tat00 Experienced Member

    Occupation:
    SELF EMPLOYED
    Location:
    san diego cA
    i play poker there - anyone got paid from them?
     
  24. May 29, 2012
  25. fanihi

    fanihi Experienced Member

    Occupation:
    Hospitality/Tourism Manager
    Location:
    Guam
    I'm looking for a site to play at.
    Any suggestions? U.S player
     
  26. May 29, 2012
  27. dazlazz

    dazlazz Experienced Member

    Occupation:
    Prophet
    Location:
    London, UK
    Just google the Merge network pokerskins - nearly all of them take US players.
     
  28. May 29, 2012
  29. tat00

    tat00 Experienced Member

    Occupation:
    SELF EMPLOYED
    Location:
    san diego cA
    ya but are they a reliable poker site? as of now i play at bovada and they having payment issues
     
  30. May 30, 2012
  31. Jennifer

    Jennifer Banned User - violation of <a href="http://www.cas

    Occupation:
    stuff
    Location:
    canada
    Im really not sure. I browse the 2+2 forums and I know there was a huge issue with their casino. Something about bonuses not being paid out properly, One of the mods there was pretty upset with them and was constantly after them. Ive read a tonne of shady things but I admit I havent kept up to date with them so things may have changed by now.
     
  32. May 30, 2012
  33. maxd

    maxd Complaints (PAB) Manager Staff Member

    Occupation:
    The PAB Guy
    Location:
    Saltirelandia
    It was all player monies that there were problems with -- and much more besides -- not just bonuses. It's important to be clear about this.
     
    1 person likes this.
  34. Jul 29, 2012
  35. bjs12258

    bjs12258 Dormant account PABnoaccred

    Occupation:
    marketing
    Location:
    South Dakota
    Cake Poker - do they honor their payouts?

    I'm starting to think all poker/casino sites are bogus. I won about $5000 on cake last week. Their rules say you can only cash out $3000 at a time - so I'm trying to do that. All I'm getting are lame excuses why they can't send my money. I saw another post from someone who has been trying to get $800 from them for over 5 months. Is there ANY poker site out there that actually pays their players?

    bjs12258
     
  36. Aug 5, 2012
  37. fanihi

    fanihi Experienced Member

    Occupation:
    Hospitality/Tourism Manager
    Location:
    Guam
    Yes.....there are many out there....they just can't/won't accept us
    UIGEA screwed U.S players....sigh!!!!!
     
  38. Aug 6, 2012
  39. pokeraddict

    pokeraddict Webmaster

    Occupation:
    Pro Poker Player
    Location:
    Las Vegas
    It will probably take 8-10 months to get 100% paid. Cake checks take 4-5 months on average. On that network I think Red Star Poker is the best choice for U.S. players. They accept up to $3000 by WU with a $15 fee on a Quick Pay and cashout that way or bank wire. Lock Poker has seen tremendous growing pains, Intertops stopped accepting new U.S. players, and most of the other U.S. facing skins share Cake's cashier.

    The fastest payments come from True Poker/Americas Cardroom. They are owned by Betcris which is a massive sports book. The problems there is that almost every table is a jackpot table with extra rake and almost all of the games are micro and low NLHE.

    Merge Gaming (Carbon Poker and friends) take 3-4 weeks to mail a check.

    All of those sites are rakeback friendly so don't forget to sign up through a rakeback affiliate.
     

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