Former Top Rated Operator has UKGC License Revoked
by ThePOGG - June 5, 2019
MaxEnt Ltd, formerly known as NRR Entertainment, have had their UKGC license revoked.
The regulator states in their regulatory sanctions page that the justification for the license being revoked, which to our knowledge is the most significant action the regulator can take short of reporting the company to law enforcement authorities, is as follows:
“After a hearing before the Regulatory Panel, the Commission has decided to revoke the operating licence under section 102(4)(b) of the Gambling Act 2005. This is because the Commission is not satisfied that it would have been granted the operating licence to the licensee had the new controller been a controller of the company when the application for the operating licence was made.
In particular, the Commission is not satisfied as to the source of funds used to acquire and support the Licensee at the time of, and following, the change of corporate control. 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.”
In the above statement the Gambling Commission have raised clear concerns regarding the fitness of the current owner of MaxEnt Ltd to hold a UKGC license alongside referencing concern regarding the source of funds involved with this business.
The MaxEnt Ltd propertied had their Deposit Guarantee seal status with ThePOGG.com revoked in April 2018 when concerns were raised regarding the ownership of this operation having changed. We had a number of sources indicate that the new owners were connected to groups – specifically operators using ‘Vulkan’ branding – who were involved in the distribution of fake games. With no solid evidence at the time and the operator strenuously denying the claims made by these sources the operator were left at Recommended status.
Towards the end of 2018 we again raised concerns about the ownership of this group that resulted in all of their properties being moved to Blacklist status. At this stage MaxEnt had added a ‘Vulkan’ branded property to their roster, which appeared contrary to the previous claims of no association with problematic Vulken branded operators, and this property could be clearly tied to other properties that have been distributing fake games. See our article on this issue here. In our opinion the claims made by MaxEnt reps that they had simply bought over a new brand appeared thin in the face of the historic accusations of association with the very group they now claimed to have bought an asset off of.
Sadly the UKGC’s actions in revoking this operator’s license based on concerns about the fitness of the new owners to hold a license would certainly appear to bear a striking parallel to the concerns raised by ThePOGG.com and Casinomeister at the end of last year.
We take no pleasure in seeing a group we previously worked closely with fall into disrepute in this fashion. In fact this service suffered significant financial detriment due to this situation when our affiliate account with this group was closed in December 2018 as a response to the publication of our findings. This allowed the affiliate programs associated with this business to withhold all future revenue for the large volume of players that had been referred by this site. However we would rather take this hit than continue to refer players to a group that we feel may be ‘high risk’ of future problems for players and who have any degree of association what-so-ever with other groups involved in duping players with fake games. The recent UKGC action only serves to reinforce the concerns that led to us changing MaxEnt’s status in the first place.
Update – In the name of even-handedness it should be acknowledged that MaxEnt have publicly stated their intention to appeal the UKGC decision and contests the validity of information contained in the UKGC ruling: