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Rumors of Ownership

The online casino gambling industry has been watching the CardSpike situation closely over the past several weeks and all of the new developments and allegations only seem to add to the confusion surrounding this Cake Poker Network gambling site. CardSpike operates on the Cake Network, but in recent weeks the player community has outright boycotted the site because of non-payment of funds owed to gamblers. CardSpike has been treading the fine line of acceptability with late payouts and the such since this past November and in recent weeks seems to have run into some serious payout problems – a fact that isn’t sitting well with the online casino gamblers.

One issue though that has really bothered many gamblers and perhaps even the other online casinos is the fact that no one really knows who owns and operates CardSpike. Rumors this week have surfaced that Casino Affiliate Program (CAP) owns and operates the site – this would be a bit unethical of the company though and gamblers already began to verbally attack CAP in the forums until the company issued a very thorough statement that notes that neither CAP nor any of its affiliates and controlling members of the company have any stake or relationship with the CardSpike online casino poker gambling site.

The recent allegations have no clear base in fact and were apparently started by rival online casino Web masters. The entire CardSpike situation has the industry on edge and the Cake Poker Network has tried to assuage some of the affiliate concerns by reassuring them that all owned monies will be paid-out.