MONTREAL — Amaya Inc. has confirmed it is backing a bid for the global online gaming company that operates Partypoker.
The Montreal-based company behind PokerStars said it’s partnering with GVC Holdings PLC in an effort to buy all the shares of Bwin.Party Digital Entertainment PLC.
Amaya said it didn’t intend to provide further details on any financing that it could provide or details on GVC’s proposal, unless there’s a binding legal agreement.
It added there’s no guarantee that discussions with Bwin.Party will result in a deal.
GVC announced on Friday that it had submitted a bid for Bwin.Party. That was followed by a rival offer on Monday from 888 Holdings PLC.
Amaya became a major player in the online gambling business when it acquired PokerStars last year for US$4.9 billion.