Tuesday, May 8,2012 : CAKE CONFIRMS NETWORK SALE AND REBRAND (Update)
To rebrand as Revolution Gaming
The expected press confirmation from Cake Gaming NV on the sale of its poker network to Lock Poker was released late this afternoon (Monday).
"Cake in Process of Selling Selected Assets to Lock Poker
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."