Aug 20 (Reuters) - Online gambling firm GVC Holdings Plc may increase its offer for larger peer Bwin.partyDigital Entertainment Plc, a source close to GVC saidon Thursday.
The Times reported earlier that GVC was prepared to raiseits offer for Bwin in its battle with 888 Holdings Plc for its larger rival.
The source said GVC and Bwin had been in talks over the pastweek and that Bwin's response had been "very positive".
The talks centred around synergies between the twocompanies, said the source, who declined to be identifiedbecause the matter is confidential. (Reporting By Mamidipudi Soumithri in Bengaluru; Editing byKirti Pandey)