The battle is decided - GVC Holdings (Casino Club) takes over Bwin-Party for 1.45 billion euros and is thus the winner of the months-long bidding war 888 Hervor.

Recently, GVC Holdings has dug deep into its pockets, so that 888 has not submitted a new offer. Bwin, which first merged with Party Gaming in 2011 to become Bwin-Party, put itself up for sale last year due to declining online poker businesses.

Source: Handelsblatt