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Following the events of “Black Friday” April 15, the online poker world was rocked by the exodus of a number of payment processors. This left websites that still catered to the US market like Cake Poker saddled with a limited number of payment platforms. Cake of course still enjoys a significant customer base outside the US as well and some of these players were adversely affected by what transpired on April 15.
In recent weeks, Gambling911.com has noticed a number of folks on posting forums like TwoPlusTwo.com reporting more expedient payouts from Cake as they work to boost their payment solutions while ensuring security for players (i.e. not taking on untrustworthy processors).
Cake Poker has advised us that their international payment processors are reporting they are back to receiving withdrawals at pre Black Friday timeframes. Payouts for some are now coming within a one week period.
For those holding back a bit in signing up with Cake until the backlog had cleared, this is a great time to join and take advantage of 33 percent rakeback.
On Sept.27 "ramblerwin" wrote:
Canadian Player
Moneybookers
6K requested
Requested on 9/15
Paid on 9/21
It happened so fast I didn't even notice until today. I'm all paid out now.
On Sept.29 "Trishthafish" wrote:
Holy moly! Non-US. Requested MB withdrawal on the 20th and here today. Last
MB took about 6 weeks and the one before took 3 months.
On Oct.1 "CarlosChadha" wrote:
Holy moly indeed, I requested a Moneybookers cashout on the 21st and
received it on the 29th as well! It was my first MB withdrawal.
-Carlos
Andrew Turner, Director of Marketing from Cake Poker states that "Player
cashouts have always been our #1 priority and it should give reassurance
that Cake Poker continues to be a legitimate force in the online poker
world. The events of April 15 caused some panicked reaction from players but
we are extremely pleased to say that we have definitely made a lot of
progress recently and we look forward to continue to improve our process for
all our players."
- Chris Costigan, Gambling911.com Publisher
