MaxEnt Limited the operator has lodged an appeal to the UK Gambling Commission (UKGC) challenging the recently-issued licence revocation.
The UKGC confirmed that it would be revoking the remote casino and remote linked gambling software licence of online casino operator MaxEnt Limited after a number of concerns relating to the operator’s finances and information supplied to the commission were identified.
As permitted by the Commission, MaxEnt was given a deadline for an appeal submission of the 18th June 2019. The operator has since claimed the Gambling Commission’s criteria has been satisfied regarding whether the company was adequately funded both in the short- and long-term, and that the regulator is happy with the source of this funding.
The operator has emphasised in a statement that the Gambling Commission’s issues were not associated with how ‘the business is run or with how customers are treated’ but rather the issues originated from ‘the transition period which happened prior to the change of management’.
Expressing disappointment in the UKGC ruling, MaxEnt emphasised: “We feel that the Commission’s decision is not sufficiently objective, hence why we are appealing. We do not intend to leave the UK market at this time.
“We are hopeful of a positive outcome following our appeal, but we will be carefully considering our position in the UK market, nonetheless.”
As part of its appeal process, MaxEnt has stated that it ‘will seek to have proper regard of the change of management taken’.