September 26, 2008 (InfoPowa News) — The sportsbetting website is now under the management and control of betting exchange supplier Touchbet Ltd, which will be running the site from its operations headquarters in Malta.

Touchbet Ltd is one of the largest suppliers of live soccer odds to betting exchanges on the internet. The acquisition of is its second consumer project and the plan is to run it alongside the niche live soccer betting website

Touchbet have agreed to honour players' funds, and spokesperson and sports book manager Ulf Persson says: "The money in players' accounts is safe and will be paid out to the players if they wish to take it. We do however hope that the players will stay with as we believe we can offer not only an excellent and reliable service but also some of the best odds available on the internet."

"We understand that in the past few months players have had issues with withdrawing their money from their accounts; we can assure players this is now a thing of the past and all money within the terms and conditions of the site are available and will be available in the future for all players." was first launched online in 2004 and is licensed through the Lotteries and Gaming Authority in Malta. All players will be informed in the coming days of the takeover and given further information on their accounts.

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