Max Entertainment is to appeal against the decision of the UK Gambling Commission to revoke its operating licence, with the company exploring possibilities in other markets.

Max Entertainment, which runs the Slotty Vegas and Betat Casino brands, is taking the opportunity granted by the Commission to appeal the ruling which would see the company ceased to be licensed as of June 18.

Max Entertainment said in a statement: “In the findings, as issued by the Commission, the Commission states that the business is adequately funded both now and for the future, and that they are happy with the source of funding. Their concerns all relate to the transition period which happened prior to the change of management. As part of the appeal, we will seek to have proper regard of the change of management taken.

“From the statement we received from UKGC after the panel it is clear that, were Max Entertainment to apply for a licence today, it would be granted by the Commission.

“We are disappointed that the Commission has chosen to write: ‘This follows identification of concerns relating to the operator’s finances and information supplied to the Commission’ on their website as this is, in light of what was written in the findings, misleading. Readers willing to click through for further details do however find an accurate statement, in full context.

“The Commission’s issues with the controller are not connected with the way the business is run or with how customers are treated, but solely with availability of documentary evidence from two years ago. 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. We believe that other markets show great potential for a responsible, prudent operator such as ourselves.”