(BPTY.L) noted the earlier announcement today made by GVC Holdings PLC (GVC.L) and confirmed that bwin.party is continuing to discuss with GVC and its advisers certain aspects of the GVC proposal.

The online gambling firm said will continue its talks with GVC Holdings (LON:GVC) – with latter confirming it will resubmit its bid proposal in the next few days.

But even if 888 made a decision to return with its own sweetened offer, GVC would not be deterred, sources cited by the Times suggested.

It is understood the company has reassured bwin over the institutional support for the share placing it needs to fund the deal, as well as setting out more details on the €135 million (£98.6 million) in cost savings it is pushing for through a tie-up.

The terms of the offer are unchanged from those announced August 7, Isle of Man-based GVC said in a statement Monday.

GVC was also last week said to be considering tabling another increased offer.

Bwin.party agreed last month to be acquired by 888 in a cash-and-stock deal that values Bwin.party at about 103 pence a share.

“The bwin.party board will provide a further update as and when appropriate”.

Despite 888’s 104.09 pence per share offer being significantly lower that each of GVC’s bids, bwin.party’s board has unanimously recommended the 888 bid, noting that it offered a higher degree of certainty for shareholders and greater synergies between the companies’ offerings.