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Posted 3/23/11 : Strong rumours that online poker publication is to be the new owner
Bluff Magazine has reported that the online poker network and software provider Cake Poker will change hands within the next two weeks...and that the rumoured new owner will be the internet poker publication PokerListings.
The sale could have conflict of interest repercussions, as PokerListings carries extensive advertising for rival online poker providers.
The independent online poker monitoring website Pokerscout.com lists Cake most recently as hosting a seven day running average of over 600 real money ring game players, and ranks it as number six among those networks that accept action from US players.
The network took a major hit to its player liquidity when Doyle's Room left it earlier this year for the Yatahay Network , and year-on-year its traffic has declined by a worrying 69 percent.
Effective February this year, Cake established an association with the Poker Pros Network, enabling players to interact with a number of big names in the global player space.
Despite the growing strength of the acquisition rumours, PokerListings and Cake Poker Network have yet to make statements.
In related news, Cake's former poker room manager, the widely experienced and respected Lee Jones, has rejoined Pokerstars as Home Games manager, according to press material from the poker giant this week.
Gambling News :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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