Online Sportsbook Rescued
By Staff
British customers of failed sportsbook are to be transferred to following a deal that includes accepting responsibility for all current deposits and outstanding bets on more than 17,000 individual accounts.

The deal ends several weeks of speculation regarding the future of, the operating brand of B&G International launched in 2003. All customers will now move to, which is owned and operated by Jaxx UK Ltd, the UK based division of leading German gaming and lottery company Fluxx AG.

“We have negotiated a deal with the directors of B&G International that will protect the interests of all its members, ensuring that their deposits and outstanding bets are totally safeguarded with membership transferring to,' said Mark Irvine, Managing Director of Jaxx UK Ltd.

' was a well regarded brand and we are very pleased to have completed this agreement, which is also a significant boost to the membership of Jaxx in the UK and European markets.' has expanded rapidly since its launch last year thanks to intuitive design, innovative betting options and a series of strategic partnership agreements with AOL UK, Lycos UK and Newcastle United Football Club.

'This is not a takeover of the brand or of B&G International, which remains under the control of its existing shareholders,' said Irvine.

'The primary objective has been the retention of an established membership portfolio, ensuring peace of mind to customers and safeguarding their monies. No staff members or proprietary betting technology are included in the deal.'

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