Entain cuts 2026 online revenue forecast after Brazil betting ban

  • Entain PLC lowered its 2026 online net gaming revenue growth forecast after Brazil's betting ban.
  • 4%-6% is Entain's revised forecast for 2026 online net gaming revenue growth.
  • Brazil's provisional ban took immediate effect and initially lasts 120 days.

Entain PLC lowered its 2026 online net gaming revenue growth forecast to 4%-6% after Brazil imposed a provisional ban on online sports betting and gaming. The measure took immediate effect but requires Congressional approval to remain in force beyond an initial 120-day period. Entain maintained its underlying EBITDA and expects to meet its 2026 earnings guidance, while its shares fell 3.45%. Brazilian President Luiz Inacio Lula da Silva signed the executive order last week.

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