Online gaming group PartyGaming is not bidding for sports betting rival Victor Chandler and is unlikely to get into a bidding war for World Gaming plc, Chief Executive Mitch Garber said on Thursday.

Mitch Garber also told a conference call that sports betting business Gamebookers, which it bought for 102 million euros ($131 million) last month, was overperforming.

World Gaming said on Thursday it was in very preliminary talks that may lead to online bookmaker Sportingbet Plc making an all share offer for it.

I'm always reluctant to get into a bidding war, said Garber, when asked whether he would consider counterbidding. I'm not saying it's impossible, but it's not at the front of my list.

When asked whether he was bidding for Victor Chandler, which is seen fetching as much as 450 million pounds ($847 million), he said: No. Definitely not.