A number of interested parties have expressed interest in acquiring either all or parts of the group, TEAMtalk said in a stock market note.
The cash-strapped company recently urged shareholders to "take no action" when ukbetting.com made its takeover bid, arguing that the bid "significantly undervalued" the company.
However, ukbetting.com has bought a further 2.05 million shares in TEAMtalk and now holds 35,446,972 ordinary shares, representing 15.57 percent of the company.
TEAMtalk said it is also in legal talks as a precursor to what it called a "major redundancy programme" in order to reduce cash burn.
UK sports media and information company TEAMtalk is in talks with a number of potential buyers just a week after it rebuffed a hostile bid from ukbetting.com.
