World Exclusive: Lock Poker Acquiring The Cake Network, Leaving Merge

Written by:
C Costigan
Published on:
May/06/2012
World Exclusive:  Lock Poker Acquiring The Cake Network, Leaving Merge

Gambling911.com has learned exclusively from a very reliable source that 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.

- Chris Costigan, Gambling911.com Publisher

Poker News

2018 Poker Showdown Series Winners Announced

Here Are Your 2018 Poker Showdown Series Winners

The series marked the second time pairing WPTDeepStacks™ and WPT® brands in the same festival, the first being January’s Lucky Hearts Poker Open.

Cryptonia Poker News

Gambling911.com has all the latest news pertaining to the blockchain online poker site Cryptonia Poker.

Cryptonia Poker Makes Headlines With Scotty Nguyen Signing

Cryptonia Poker Makes Headlines With Scotty Nguyen Signing

Poker player extraordinaire Scotty Nguyen has been named brand ambassador of the new cryptocurrency online poker room, Cryptonia.

Poker Hall of Famer Gets Burned in Ponzi Scheme

Poker Hall of Famers Gets Burned in Ponzi Scheme

Two Poker Hall of Famers are suing after they claim to have gotten scammed out of some $800,000.

New Jersey, Nevada to Pool Players for Online Poker

New Jersey, Nevada, Delaware to Pool Players for Online Poker

Internet poker players in three states will be able to face off against each other starting May 1, in a long-awaited expansion of online gambling.

Syndicate