Brazil online gambling ban forces Flutter and Entain to revise 2026 outlooks
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Flutter and Entain have warned that Brazil’s decision to prohibit online gambling could affect their full-year results, with both operators revising expectations following the measure introduced by President Luiz Inacio Lula da Silva. The provisional ban must receive congressional approval within 1…
Flutter and Entain have warned that Brazil’s decision to prohibit online gambling could affect their full-year results, with both operators revising expectations following the measure introduced by President Luiz Inacio Lula da Silva. The provisional ban must receive congressional approval within 120 days to become permanent. The measure was introduced as Brazil seeks to address rising levels of...