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Revolution not owned by Lock Revolution not owned by Lock

05-13-2013 , 08:32 PM
I must have missed that. I thought Lock had ownership of Revolution.
05-13-2013 , 08:51 PM
this came out a few weeks ago. it seems it's not entirely clear whether they never had full ownership, or if they ceded some ownership to Cake (due to failure to settle up debts with other skins promptly?).
05-13-2013 , 10:13 PM
I dont believe Lock ever has had full ownership of Revolution. Always believed Cake to be the majority partner
05-14-2013 , 09:22 PM
Lock doesn't own revolution, well not exactly.

A reliable source tells me the corporation that owns lock, most likely started my larson herself, started another shell company and that company purchased revolution. So lock can say they don't own revolution and they're not lying, but in truth they most likely do call the shots.
05-14-2013 , 09:37 PM
a who-is on revolutiongaming.eu returns a "domain available" which is odd and the Curacao e-gaming seal at the bottoom of the site only leads to curacao-egaming.com opposed to showing a licence like the link on lockpoker.eu
05-14-2013 , 10:00 PM
I was trying to get the info from Shane but found something out for myself. Cipaco N.V. is the company that owns Revolution Gaming. If you go to their website it lists lockpoker.com as registered with them and obviously directs you lockpoker.eu. Now when Jen Larson was asked if Lock owns revolution she said no. But to me appears it is the other way around which she would have known.

It should also be noted both Lock and Cake have ties to people in Vancouver. Coincidence I maybe but I doubt it.

Since both Cake and Lock are having trouble paying out I am wondering if they both happen to be owned by Revolution since Intertops seems to be doing ok.

This is all speculation on my part so far and I don't really know where this is going but for whatever reason it seems Lock is trying to hide something about its true ownership.
05-14-2013 , 10:13 PM
Quote:
Originally Posted by chopsy2
This is all speculation on my part so far and I don't really know where this is going but for whatever reason it seems Lock is trying to hide something about its true ownership.
Well, they're going through crisis right now. Besides the most recent incident of the 2+2 ads being pulled, the implementation of Fair Play Technology and the fact that several skins are owed 5-6 months of reconciliation payments looks very bad for the network.

Lock needs to prove they're reliable -- blaming a separate entity that's out of their control probably seems like a good start to them.
05-14-2013 , 10:26 PM
Quote:
Originally Posted by JimAfternoon
Well, they're going through crisis right now. Besides the most recent incident of the 2+2 ads being pulled, the implementation of Fair Play Technology and the fact that several skins are owed 5-6 months of reconciliation payments looks very bad for the network.

Lock needs to prove they're reliable -- blaming a separate entity that's out of their control probably seems like a good start to them.
I think the fact that Jen Larson goes on record and says Lock does not own Revolution when in fact it is Revolution that owns Lock but she fails to mention that, to me it is a red flag. Why would she not want to set the record straight?

Although I have no proof I think Cake is also owned by Revolution, which given Locks current status is not a good sign for Cake players.
05-14-2013 , 10:53 PM
At first they said they bought the network, then a few months ago rumors were circulating that they only owned 40%. Maybe they just sold their remaining equity to someone to boost cashflow, or maybe they lost it back to Cake. Maybe they still own it all, or maybe they never owned anything.

I think no matter what the situation is, there is reason for her to lie about it instead of coming clean, though.
05-14-2013 , 11:09 PM
Quote:
Originally Posted by JimAfternoon
At first they said they bought the network, then a few months ago rumors were circulating that they only owned 40%. Maybe they just sold their remaining equity to someone to boost cashflow, or maybe they lost it back to Cake. Maybe they still own it all, or maybe they never owned anything.

I think no matter what the situation is, there is reason for her to lie about it instead of coming clean, though.
If you see the Q @ A thread you will see Shane quotes Jen Larson from her interview that Lock has never owned any part of Revolution. They tried but it
didn't pan out. Now the question is why does Cipaco N.V. who operates Revolution have lockpoker.com registered to them. These are clearly not a skin/network relationship, there is more to it. So why the secrecy?
05-15-2013 , 04:50 AM
Quote:
I was trying to get the info from Shane but found something out for myself. Cipaco N.V. is the company that owns Revolution Gaming. If you go to their website it lists lockpoker.com as registered with them and obviously directs you lockpoker.eu. Now when Jen Larson was asked if Lock owns revolution she said no. But to me appears it is the other way around which she would have known.
Cipaco is the "licence holder" for lockpoker(.com) in Curacao which again (at least it's domain) is owned by JDB services who also owns lockpoker.eu. This doesn't mean that Cipaco owns the Revolution network though.

It also doesn't mean that JDB is the owner of Lock and/or Cipaco but JDB certainly owns (or registered) the domains which would indicate that JDB Services does in fact own Lock Poker.

However, it's hard to find info on Revolution, their domains, licence etc. From what I can tell the Curacao link in their website footer is useless (as mentioned above).
05-15-2013 , 05:37 AM
We setup the Revolution domains and built the Revolution website in preparation of purchasing the network as it was important for us that the change happened in time for the relaunch.

When the purchase didnt go through the domain registrations havent been updated.
05-15-2013 , 10:13 AM
Quote:
Originally Posted by HammerMan72
Cipaco is the "licence holder" for lockpoker(.com) in Curacao which again (at least it's domain) is owned by JDB services who also owns lockpoker.eu. This doesn't mean that Cipaco owns the Revolution network though.

It also doesn't mean that JDB is the owner of Lock and/or Cipaco but JDB certainly owns (or registered) the domains which would indicate that JDB Services does in fact own Lock Poker.

However, it's hard to find info on Revolution, their domains, licence etc. From what I can tell the Curacao link in their website footer is useless (as mentioned above).
The info I saw had Cipaco as the owner/operator. I remember stumbling across JDB somewhere else but not sure where. Thanks for info.
05-18-2013 , 11:35 AM
such obv BS. trying to separate themselves from the problems. they merged with cake. the cake network has went DOWNHILL srs in almost every way since they came.
05-19-2013 , 10:02 PM
Not sure this matters but when you send an email to support@lockpoker.eu it goes directly to JDB Services Cashier.
05-20-2013 , 10:36 AM
From the site called "USPokersites2013"

Quote:
Lock Poker a is run by poker pros and owns the Revolution Gaming Network which was formerly the Cake Network which has a long track record of fair play and secure transactions.
05-21-2013 , 04:29 AM
I guess that shows that "USPokersites2013" needs to work on the accuracy of their info.
05-21-2013 , 11:30 AM
Haha, yes.

If that was unclear, I wasn't trying to correct this thread.
05-22-2013 , 12:40 AM
05-22-2013 , 08:24 AM
Quote:
Originally Posted by derSchwartz
From the site called "USPokersites2013"

Quote:
Lock Poker a is run by poker pros and owns the Revolution Gaming Network which was formerly the Cake Network which has a long track record of fair play and secure transactions.
Well, you can't say that transactions aint secure. They are so secure that they take ages to get processed

      
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