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Entain plc, formerly GVC Holdings, is an international sports betting and gambling company. It is listed on the London Stock Exchange, trading under the ticker LON:ENT, and is a constituent of the FTSE 250 Index. It owns brands such as bwin, Coral, Ladbrokes, PartyPoker, and Sportingbet.

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2 events, reported by media in 1 country

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economy21 h ago

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

According to CNA Business, Flutter Entertainment and Entain warned that Brazil's ban on online sports betting and gaming could dent their annual results if upheld, with Flutter citing potential revenue and profit impacts and Entain outlining its own growth expectations amid the ban. The measures add to regulatory pressures on a market that only began fully regulating online betting in January 2025.

economy1 d ago

Entain cuts its online net gaming revenue growth forecast to 4-6% due to Brazil banning online sports betting and gaming

According to CNA Business, Entain, the Ladbrokes owner, cut its online net gaming revenue growth forecast to 4% to 6% on a constant currency basis after Brazil banned online sports betting and gaming. The move reflects the impact of Brazil's ban on Entain's forecast.

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

economy21 h ago

coda.news AI summary

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.

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CNA BusinessRead original ↗