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:
“Racism is an ism to which everyone in the world today is exposed; for or against, we must take sides. And the history of the future will differ according to the decision which we make.”
—Ruth Benedict (18871948)
“The second day of July 1776, will be the most memorable epoch in the history of America. I am apt to believe that it will be celebrated by succeeding generations as the great anniversary festival. It ought to be commemorated, as the day of deliverance, by solemn acts of devotion to God Almighty. It ought to be solemnized with pomp and parade, with shows, games, sports, guns, bells, bonfires and illuminations, from one end of this continent to the other, from this time forward forever more”
—John Adams (17351826)
“The history of all previous societies has been the history of class struggles.”
—Karl Marx (18181883)