Entain holds 2026 guidance despite Brazil online betting ban

Retail & Consumer Leisure, Gaming And Gambling Written by: Ephrem Joseph 02:29 Mon 28 Sep 2026 --> Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ephrem Joseph Ephrem began his journalistic journey at Proactive in June 2021. With a strong academic background in Information Technology, his expertise particularly lies in the field of Cyber Security, Management Information Systems and Computer Forensics. Before joining Proactive, Ephrem worked as a researcher and lecturer at a number of leading universities, including the University of Portsmouth's Institute of Criminal Justice Studies, the University of Winchester’s Institute of Policing, and Jain... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Entain PLC ( LSE:ENT ) View Price & Profile Entain holds 2026 guidance despite Brazil online betting ban Published: 02:29 28 Sep 2026 EDT Entain PLC (LSE:ENT) maintained its 2026 earnings guidance despite Brazil’s immediate suspension of online sports betting and gaming. The Ladbrokes and Coral owner now expects performance to come in towards the lower end of its forecast ranges. Brazil published a provisional executive measure on 25 September withdrawing operators’ authority to offer online betting and gaming with immediate effect. The measure must receive Congressional approval within 120 days to remain in force. Entain has complied with the restriction while noting that the longer-term regulatory outcome remains uncertain. Brazil had been expected to contribute around 5% of Entain’s 2026 online net gaming revenue, although its contribution to EBITDA was forecast to be modest because of the competitive operating environment. The group retained its 2026 underlying EBITDA guidance of £910 million to £960 million and online underlying EBITDA margin guidance of 21% to 22%. However, assuming the Brazilian ban remains in place for the rest of 2026, Entain now expects to finish towards the lower end of both ranges. Excluding Brazil, online net gaming revenue growth remains on track to reach the top end of the group’s 5% to 7% constant-currency guidance. Including Brazil, Entain now expects online net gaming revenue growth of 4% to 6% for the full year. The group operates across more than 30 territories and owns betting and gaming brands including Ladbrokes, Coral, bwin and Partypoker, alongside its 50% stake in US joint venture BetMGM. Continue reading