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Cake Poker Network in serious financial trouble?

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  • #814144
    warp speed
    Member

    @Warren 225178 wrote:

    Rumours have been circling wildly about the Cake Poker Network being in serious financial trouble and unable to cover player balances. Obviously this could mean that any outstanding affiliate payments are in jeopardy. We have already had several affiliates complain about their affiliate payments from certain Cake skins either being severely delayed or gone unpaid.

    We will break more news on this topic as more information is obtained. Read more about this in the meanwhile on the TwoPlusTwo forums via the following thread:

    Official CakePoker Feedback Thread – Page 533 – Internet Poker – Online Poker Forum

    If you are an affiliate promoting Cake Poker or any of their respective skins and have any information regarding this matter, please update this thread.

    Even i am also thinking how would you justify that all this news are rumours because i found it everywhere like on face book, social networking sites and on some Blog Article as well.

    #814268
    Anonymous
    Inactive

    Another yet-to-be-confirmed rumor is Doylesroom is set to announce they are leaving Cake…

    Doyle Brunson Looking for New Online Poker Home? | PTP

    #814273
    Anonymous
    Inactive

    From what I understand Cake has been in steady decline for the 1-2 years. They are looking to add liquidity to their network, but at the same time trying to protect their players.

    I hope the Cake rumours are untrue, from my experience with them, they are good guys, and their software is fantastic.

    #814277
    Anonymous
    Inactive

    Sure hope Intertops gets out of there with them then:notify:

    #814282
    Anonymous
    Inactive

    @bonustreak 225390 wrote:

    Sure hope Intertops gets out of there with them then:notify:

    Why, do you promote them heavily in poker?

    Does their sportsbook convert?

    #814313
    Anonymous
    Inactive

    @Rak 225384 wrote:

    I hope the Cake rumours are untrue, from my experience with them, they are good guys, and their software is fantastic.

    Ditto! I actually really like the software and playing there PLUS really like the team….There is a light they called to book a stand at LAC this morning, only problem was we were sold out :smoker:

    #814314
    Anonymous
    Inactive

    Guess this explains why Doyles hasn’t been able to process a withdrawal for the past week.

    #814322
    Anonymous
    Inactive

    @alexpratt 225452 wrote:

    Ditto! I actually really like the software and playing there PLUS really like the team….There is a light they called to book a stand at LAC this morning, only problem was we were sold out :smoker:

    Even so, I would of thought Cake would of been the first to secure a stand. Leaving it until 5 days before the conference starts doesn’t sound very organized to me.

    Their stand is usually massive as well.

    #814323
    Anonymous
    Inactive

    @webber286 225453 wrote:

    Guess this explains why Doyles hasn’t been able to process a withdrawal for the past week.

    The Doylesroom download hasn’t worked on the site since the 7th of Jan. OBV their split from Cake isn’t going as smooth as the Sportbook.com move to Merge.

    #814329
    Anonymous
    Inactive

    Why, do you promote them heavily in poker?

    Does their sportsbook convert?

    We just started pushing them in poker and doing decent and yes the sportsbook turns over very well but our main top earner is the casino. Intertops is our top earning program now for years and I highly recommend them :)

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