Entain trims online revenue growth outlook after Brazil bans online betting
Entain lowered its online gaming revenue growth forecast to 4-6% after Brazil's executive order prohibited online sports betting.
Entain, the owner of Ladbrokes, cut its constant-currency online net gaming revenue growth target to a 4%-6% range following President Luiz Inacio Lula da Silva's decree banning online betting in Brazil. The revision also moves the lower end of its 2026 underlying core profit estimate to £910 million and narrows the online profit-margin outlook to the bottom of the 21%-22% range.
Why it matters
The ban shows how sudden regulatory changes can sharply affect gambling firms' earnings and investor expectations.
In this story
Entainonline betting banBrazilrevenue outlookprofit forecastLulaonline gaming revenuecore profit margin
