Lock Poker, one of the largest rooms on the Internet, will be taking over the Cake Poker Network.
Lock, which is widely believed to be one of the top three largest rooms on the Merge Network, will be leaving that network to take control of Cake.
It was explained that as part of the deal, Cake and its current marquee brand, Intertops Poker, are believed to be continuing to operate as separate rooms and there are no plans to integrate them.
According to Gambling911.com sources familiar with the deal, Lock will be re-branding the network, driving technology, marketing, player rewards, implementing a more aggressive tournament schedule and incorporating a new company philosophy, essentially restructuring the entire Cake Poker Network.
Our sources also advise that the popular rakeback program previously offered by Lock Poker will be returning with an even higher percentage rate, though few other specifics were given.
Our source also advised that the Lock Pros will remain a pivotal feature of the network with others likely to come on board during the summer. Lock Poker recently signed on the first ever World Series of Poker Europe Main Event winner, Annette Obrestad.
It was not immediately known if or when the LockOPs Lock Poker Series will be reintroduced after abruptly being cancelled by the Merge Gaming Network late last month, though our source indicates this Series could be re-introduced over the coming months.
Series 2012 qualifiers and the Turbo Gold cards currently offered on Cake are expected to continue.
As Lock has their own stand-alone cashier, the move is expected to have no impact on players.
Results 1 to 10 of 21
Thread: Lock Poker buys Cake Poker?
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05-06-2012, 12:59 PM #1
Lock Poker buys Cake Poker?
"And Shepherds we shall be. For thee, my Lord, for thee.
Power hath descended forth from Thy hand. Our feet may swiftly carry out Thy commands.
So we shall flow a river forth to Thee And teeming with souls shall it ever be.
In Nomeni Patri Et Fili Spiritus Sancti."
http://www.youtube.com/watch?v=7_AtUXdXA_s
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05-06-2012, 01:05 PM #2
yea Annette joins Lock Co. Maybe cake will actually get better software finally.
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05-06-2012, 01:12 PM #3
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- Jan 2011
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big wow ... didn't see this one coming ... hope its true
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05-06-2012, 01:19 PM #4
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I am still going to stick with playing at Carbon. It's easy to use and I am winning there, lol.
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05-06-2012, 02:00 PM #5
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- Mar 2012
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OMG .... what will be nect. Which room?
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05-06-2012, 02:04 PM #6
Wow this is big news! I wonder how much it will reduce the number of players on the merge network?
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05-06-2012, 02:30 PM #7
This is interesting news. This deal probably never happens if Merge had let Lock go through with it's Lock Ops promo.
Wonder exactly what's in it for the Cake network, especially if Cake and Intertops will continue as completely separate entities.
20:52 <onehotdame> sug ...your the most helpful of Mods
"Two things are infinite: the universe and human stupidity; and I'm not sure about the universe." - Albert Einstein
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05-06-2012, 02:34 PM #8
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05-06-2012, 02:34 PM #9
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- Apr 2011
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- 234
i think that is a ffkn great turn for poker thats 1 site thats makin a whole new network for itself. kinda like fulltilt was but this site will allow US residents. awsome deal for the US this is a turn for the good since the infamous black friday
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05-06-2012, 02:59 PM #10