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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 :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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