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Amaya and GVC Announce $1.4B Offer to Buy Bwin.Party

Amaya Gaming, the parent company of PokerStars and Full Tilt, has placed a £900 million (approximately $1.39 billion) bid to buy the bwin.party group, this according to the Financial Times on July 7.

As anticipated on PokerNews on May 18, the operation sees Amaya joining forces with GVC Holdings, the sports betting and gaming company that controls online operators like Sportingbet, CasinoClub, and Betboo.

"We're still in discussions with bwin.party and we're not commenting on the details of those discussions," a spokesperson from GVC told The Daily Telegraph.