The company said Brazil’s provisional ban could reduce online net gaming revenue growth to 4%–6%.
Entain cut its online sales outlook and expects earnings at the lower end of guidance after Brazil imposed a provisional ban on online gambling.
- Section
- Economy & Business
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- SHORT NEWS
- Published
- Sep 28, 2026, 10:32 AM
Ladbrokes and Sportingbet owner Entain has cut its full-year online net gaming revenue outlook to between 4% and 6% after Brazil moved to ban online gambling.
Entain said underlying earnings were now expected at the lower end of its £910 million–£960 million guidance. Brazil was expected to account for around 5% of its online net gaming revenue this year, although the earnings contribution was forecast to be modest. The company said it would comply with the provisional ban, which requires congressional approval within 120 days to become permanent.
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