However, organisations interested in buying the business have been asked to clarify their position within the next 24 to 48 hours.
Baker Tilly also quelled rumours that they are close to completing a deal with any particular organisation, stating that there are several parties keen to buy the business.
"Interest has been very strong and we expect a good price," said administrator Bruce Mackay. "This won't just be another sale for a nominal fee like Sportinglife.com and Sportal. Although it is too early to give an exact price, we are aiming for a seven-figure sum from the sale of the website and its assets, which include an online betting subsidiary which is not in administration and is trading as normal."
Baker Tilly added: "Contrary to certain rumours, we are still open to offers and have yet to begin talking specifics with anyone."
