History
Cake Network was founded in 2004 and launched its first network skin, Cake Poker, in June 2006. Other network partners followed in fairly quick succession including Sportsbook.com, Red Star Poker and BetUS. The Cake Network currently has 35 network skins.
As of April 2010 the Cake Network saw a steep decline in player traffic as the company lost two major poker rooms, PlayersOnly and Sportsbook.com, to the Merge Gaming Network. Even with the addition of new rooms to the network, Cake has continued to lose ground on the rest of the industry. In less than a month the Cake Network has dropped significantly on Pokerscout.com's list of most trafficked sites.
In January 2011, Cake Network's well-known partner Doyles Room, featuring Doyle Brunson, Todd Brunson and Mike Caro, left the Cake Network, moving to the Yatahay Network.
Cake is notorious amongst both professional and amateur poker players for not paying cash out requests in good time as stated in its terms and conditions. Poker forums and magazines warn would-be players of the issues involved in cashing out. http://pokerfuse.com/features/comment-analysis/financial-issues-cast-shadow-cake-poker/
Read more about this topic: Cake Network
Famous quotes containing the word history:
“We don’t know when our name came into being or how some distant ancestor acquired it. We don’t understand our name at all, we don’t know its history and yet we bear it with exalted fidelity, we merge with it, we like it, we are ridiculously proud of it as if we had thought it up ourselves in a moment of brilliant inspiration.”
—Milan Kundera (b. 1929)
“The only history is a mere question of one’s struggle inside oneself. But that is the joy of it. One need neither discover Americas nor conquer nations, and yet one has as great a work as Columbus or Alexander, to do.”
—D.H. (David Herbert)
“No event in American history is more misunderstood than the Vietnam War. It was misreported then, and it is misremembered now.”
—Richard M. Nixon (b. 1913)