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Lock Poker to Take Over Cake Poker Network

By , Rakeback.com Poker News Editor

Lock Poker, currently one of the largest US-facing poker rooms in the world, is set to purchase the Cake Poker Network, home of Cake Poker.

The Cake Poker Network will be re-branded as Revolution Gaming, and the player pools from both Lock Poker and the sites which make up the Cake Poker Network will merge. This means that Lock Poker will be leaving the Merge Gaming Network.

The actual transition is set to take place via a software update on May 31st, and both companies are excited about the positive impact that the deal can potentially have on the services they offer players.

Lock Poker released the following press release on this topic:

"London, UK – May 7th, 2012 – Lock Poker Launches Revolution Gaming. The future of Online Poker.

As of June 1st a whole new world awaits the Lock Nation.

Lock is in the process of acquiring assets from Cake and will be re-branding the Cake Network to launch Revolution Gaming, driving technology, marketing, player rewards and implementing a richer tournament schedule. The LockPRO team will be at the foundation of these changes. They will come together and offer their recommendations on all levels, truly bringing the player into the boardroom.

To all existing Lock players this move will be seamless – it will take the form of a simple software update happening on May 31st. You will login to find your real money balance as well as everything else you know and love about Lock. Lock will also continue to manage their own stand-alone cashier so withdrawals will be as fast and easy as they are now. All players’ current player VIP rewards will only increase and all rakeback players will be moved over to the increased percentage on Revolution. More details coming soon.

Get ready for the exciting new times ahead as we continue to drive the new era where the player reigns.

We are very excited at the prospect of driving the product, marketing and overall vision of the network. It is a dream come true says Jennifer Larson, CEO of Lock. Merge was a great stepping stone for us but we have outgrown them. We really need to forge our own path to continued success. The only way to do this is to stay true to our of core philosophy: partnering with our players."

Rakeback.com will make sure to provide players at both Lock Poker and Cake Poker with any information they might need to know as the merger approaches.

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