Aug 7 (Reuters) - Online gambling company GVC Holdings Plc raised its offer for rival Bwin.party Digital Entertainment Plc to 1.03 billion pounds ($1.6 billion), hoping to pry the company away from 888 Holdings Plc .
GVC's offer, its third, of 125.5 pence per shares - 25 pence in cash and 0.231 of a new GVC share - is higher than its earlier proposal of 122.5 pence.
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