EL7.AI
StocksMediumUpdated×2•Originally published 28 September 2026•Updated 28 September 2026•
1 min read

Entain Cuts Annual Revenue Forecast Following Brazil Online Betting Ban

Key Facts

1Entain, the owner of Ladbrokes, cut its online net gaming revenue growth forecast to a range of 4% to 6%.
2The outlook revision follows Brazil's decision to ban online sports betting and gaming.

Entain cut its online net gaming revenue growth forecast to a range of 4% to 6%. Reuters reported that the owner of the Ladbrokes brand revised its outlook following recent regulatory changes affecting its international operations.

The outlook revision follows Brazil's decision to ban online sports betting and gaming. This regulatory shift in a significant market has forced the company to adjust its financial projections for the year as it navigates the impact of the total ban.

Latest Updates · 2

  1. Notable·

    Update: Entain shares fell 3% following these regulatory developments. The betting ban in Brazil has positioned the company's 2026 EBITDA projections at the lower end of its forecast range.

  2. Notable·

    Update: Entain maintained its earnings guidance for 2026 despite the ongoing regulatory headwinds. The company noted that it now expects performance to reach the lower end of its forecast range as it continues to manage the impact of the Brazil betting ban.