Lock Poker Set to Acquire Online Poker Site Cake PokerWednesday, May 9th, 2012 by Ryan
Lock Poker has quickly become one of the most talked about online poker sites in the game today, and it seems that they are about to make a massive change. In a bit of shocking news here that was released, Lock Poker has decided to leave the Merge Gaming Network. This is just the start of the incredible news though as Lock Poker has also announced that they are going to be acquiring the Cake Poker Network as well, and will create a brand new online poker network for players called Revolution Gaming. This news comes as more than a shock to the online poker players out there, especially because of how well the site has done with the Merge Gaming Network recently and how many big named players have been added to the site as well.
The general idea that was released in the press release stated that the idea in the combination of the Cake Network and Lock Poker is that they are going to create more player rewards, and also make larger poker tournaments and a “richer tournament schedule.” According to the reports all of the players on the LockPRO team will be a big part of these changes The new gaming network is going to stick with the Cake Poker software as well, and their new team of developers are going to get on working on the improvements for the site starting now. Anyone who plays under the Merge software on Lock Poker will all automatically be switched over to the new software at the end of this month, and everyone’s login information will remain the same.
Another great bit of news for the players on the site is that things are going to remain similar as far as how the withdrawals and such are processed, so players are going to continue to get paid out quickly. With the combination of the Cake Poker Network they are also going to see the VIP rewards increase, and they are changing over rakeback to the increased percentage on the new network.
I’m interested to see what happens with the combination of the two sites as the Merge Gaming Network is currently the 8th largest online poker network, while the Cake Poker Network is 22nd overall in terms of cash game players over a seven day average. The fact that Lock Poker is leaving the network could potentially be a big hit to the Merge Network because it was reported that the site made up 40 percent of the traffic on Merge. If this is right then it would be a huge drop for the network, but it would boost the new Revolution Network above the Merge Network actually.
This new network will be one to watch for, because it has the makings of being heavy for the tournament poker players out there, so keep your eyes on the opening of the network on May 31st to see what types of games and limits that they offer. If the drop seriously affects Merge then it could see many of their players make the move to the Revolution Network.