The bidding war for bwin.party digital entertainment could be put to an end for the next couple of weeks, as bwin asked GVC to formally submit its best offer .

Bwin.party has revealed, in a statement on Thursday, that it is satisfied with “key aspects” of GVC Holding’s  latest offer.

“Bwin.party has now asked GVC to clarify, with respect to its proposal, the best terms on which GVC is prepared to make a formal offer to acquire all of the issued and to be issued shares in bwin.party,” said bwin.

Earlier this week, a source close to GVC said that it will increase its cash-and-shares offer for Bwin if 888 Holdings raises its own bid or could just walk away if 888 does not raise its offer but still remains the favorite.