Brexit Makes MaxEnt Exit UK Market

After Britain’s departure from the European Union, one of the most famous Slotty Vegas operators, Max Entertainment, has made a bold decision and left the United Kingdom’s market.

On 30th December, the company announced that customers in the UK will no longer be able to at the site, and MaxEnt will only work for a small amount of time giving a chance to their older s to withdraw their funds.

Representatives of the brand are saddened that this decision had to be made. They were paying close attention to the market in the UK, but with the Conservative Party making the decision of leaving the European Union, it will have to leave the and continue their businesses in Europe.

“We take this decision with a heavy heart,” said Greg Bennett, chief executive, said. “We’ve been watching the market for some time, and the looming threat of Brexit has been a source of concern for us. Now that the Conservative Party have won and can push it through, we feel that we are better focusing on well-regulated European markets.”

Concern from the Commission

Since the change of ownership in MaxEnt, the British Gambling Commission has been questioning some of the company’s decisions regarding their source of funds and their new ownership, thus canceling the operator’s license. The brand has, because of that decision, decided to search for fortune elsewhere, which is why it is now concentrating on the rest of Europe.

While they believe there is still a chance for returning to the United Kingdom, MaxEnt’s representatives believe that they’re best option, for now, is to focus on the well-established European markets. They are working on acquiring a Swedish license, which will happen later this month.

After that, the brand will continue to expand as much as possible, and apply for a Dutch license as soon as possible.

About MaxEnt

Based in Malta, the company, formerly known as NRR Entertainment, is taking on the world by a storm. Being one of the biggest names on the market, when it comes to operators, it is proud of what it has achieved so far. It is always striving for more, looking to improve and expand as much as possible. Its transparency is what makes them trustworthy to their customers, since its main goals are to satisfy their customers’ needs. This is what keeps them motivated and what keeps them pushing hard every day.

Source:

“MaxEnt withdraw from UK market over Brexit”, igamingbusiness.com, December 2, 2020.