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The Future of bwin.party Group to Be Determined Over the Weekend

The bidding war started by 888 Holdings and GVC Holdings to gain control of the bwin.party Group may soon be coming to an end as the parent company of popular brands like partypoker and bwin announced that it will issue a market update on Tuesday, Sept. 1.

While it's hard to guess what conclusion the board of bwin.party will come to next week, financial analysts believe the coming weekend to be a very intense one with both GVC and 888 Holdings expected to raise the stakes once again and submit final offers.