GVC Holdings and bwin.party have confirmed that the two parties are continuing talks regarding the GVC offer for bwin.party.

GVC and bwin.party

GVC said it expected to resubmit the £1.03bn proposal it first made on August 7 to the bwin.party board.

Bwin.party said in a separate statement that its board's recommendation of the earlier bid from 888 Holdings, that was announced on July 17, was unchanged by the announcement.