Flutter and Entain warn that Brazil's online betting ban could dent their annual results.

- Flutter said a ban could reduce its 2026 revenue by about $70 million and hit adjusted core profit by about $20 million.
- Entain expects 4-6% online NGR growth for 2026 if the ban is upheld, and excluding Brazil growth would be at the top end of 5-7% guidance on a constant currency basis.
- Brazil revoked online betting licenses and requires congressional approval within 120 days to remain in force.
- Allwyn AG scrapped its annual profit margin guidance following the betting ban.
