Posts Tagged ‘cake poker’

Atlantis Internet Group Signs With Cake to Power Tribal Online Poker

Monday, September 13th, 2010

AtlantisInternetGroup2In what could be a sign of things to come for online casino gambling in the United States, Las Vegas-based Atlantis Internet Group has signed an agreement with the popular Cake Poker Network (powering U.S. favorite, Doyle’s Room), to create a wide area online poker network for players residing in regulated tribal casino State’s.

While this may seem, at first, a bold and dangerous move in light of the UIGEA – albeit an ineffective online gambling ban – Atlantis Internet Group Chief Executive, Donald L. Bailey, says the agreement will give the Tribal Gaming Network (a patent pending intratribal/intrastate online casino network) an “immediate and legal solution” for tribes seeking to offer internet betting.

That’s because the UIGEA has exemptions for Indian Casinos, intertribal internet gaming, as well as State’s with intrastate online gambling laws. Personally, that’s news to me – I thought the only carveouts in the UIGEA were for horseracing, lotto and fantasy sports betting.

TribalGamingNetworkBut according to the National Indian Gaming Commission, which oversees tribal casino regulations in the State’s, the Tribal Gaming Network is 100% legit. It’s also 100% loaded. Synced with over ten tribal casinos and potentially allowing players in thirty State’s to play online casino games, the Tribal Gaming Network has the potential of offering one of the largest wide area progressive jackpot networks on the Web.

For now, Atlantis Internet Group has it’s sights on online poker, which currently holds the greatest potential of becoming regulated in State’s where tribal casino gambling is legal. California leads the way with an amended poker bill scheduled for legislative action before the year is out, while both New Jersey & Florida are considering similar options.

The Cake Network is certainly a great choice for launching an online poker network. With thousands of players online at any given moment and an open door to the U.S. online poker market, Cake will give the Tribal Gaming Network instant liquidity, not to mention credibility, while a giant surpluss of players will only serve to strenghten Cake in return.

Top Online Betting Site Domains Leave Cake Poker for Merge Gaming

Tuesday, March 30th, 2010

Unless we’re talking about Poker Stars or Party Poker, the future of online poker is really all about the poker network. Not just a stand-alone poker room, poker networks are conglomerates of sorts, made up of several poker rooms networked into the same platform, resulting in larger player pools, more tournaments and more guaranteed winnings. But (as I said), that is, of course, unless we’re talking about giants like Poker Stars, who bring thousands of players together through a single roof.

Giants like this, however, are much fewer than the online poker networks currently in business. One of these poker networks is the Cake Poker network, which has become one of the fastest growing, US facing online poker networks since first being launched in 2004. In fact, the Cake Network, boasting such big name clients as Doyle’s Room, has been steadily growing year after year….that is, until now. And no, it has nothing to do with the quasi US online gambling ban.

Cake Poker is now shy three recognizable online betting destinations – PlayersOnly.com, SuperBook.com and Sportsbook.com – each owned by Antigua-based Jazette Enterprises, which announced it will be joining the Merge Gaming poker network. A small but substantial network now made even more substantial with the addition of Jazette, the Kahnawake licensed Merge Gaming said in a press release, “this is an industry-changing deal”.

At the time this post was going to press, Cake Poker had twice as much players online than Merge Gaming (just under 6,000). As you can imagine, these figures will likely shift. As for the guaranteed pool money at Cake Poker ($6 Million in monthly tournaments, including $250,000 Sunday’s), this may also see a change depending on just how many players decide to move over to Merge Gaming.

The good news is that Cake says they intend to honor all Gold Card and Gold Chips, which make up the backbone of Cake’s Rewards and Loyalty program, after the three sites leave the network. Cake is also urging players who would be affected by the transition and who would still like to play online in the Cake network, to contact customer support after the transfer is complete. I don’t know about you, but that sounds like an exclusive bonus offer if you ask me.