MaxEnt Limited, the operator behind brands like Slotty Vegas and BetAt brands, has lost its U.K. license. This comes after the U.K. Gambling Commission (UKGC) decided to question exactly how it went about it’s recent change of ownership, reports iGamingBusiness.
The Malta operator, formerly known as NRR Entertainment, was acquired by MaxEnt. The commission has doubts over the May 2018 sale though, and wants to know how MaxEnt came up with the funds to make the purchase.
Ultimately, the license has been revoked, at least for the time being, because the Commission states it would never have granted the license in the first place had they known MaxEnt was going to take over control of the company. They simply don’t know enough about the new ownership and, it could be inferred, they don’t trust them enough to let them operate gambling websites in the country. They stated:
“[The] Commission also identified concerns relating to the new controller’s suitability, in that it appeared that he had provided conflicting information and had failed to be full and frank in his dealings with the Commission.”