Entain, the parent company of Ladbrokes, has cut its revenue outlook after Brazil implemented a ban on online betting, according to multiple outlets including RTÉ News and CNA.
Despite the reduced revenue outlook, Entain maintained its earnings guidance, according to MarketWatch and Independent Journal Review, with the latter specifying the company held its 2026 guidance.
The Wall Street Journal reported that Entain and rival operator Flutter are both assessing the impact of Brazil's online-betting ban on their businesses.
Coverage of the news came from center-leaning outlets including The Wall Street Journal, MarketWatch, RTÉ News and CNA, as well as right-leaning outlet Independent Journal Review. No left-leaning coverage was supplied.
How each side covered it
Center
- The Wall Street Journal reported Entain and Flutter are assessing the impact of Brazil's online-betting ban.
- MarketWatch reported Entain maintained earnings guidance despite the ban.
- RTÉ News and CNA both reported Entain cut its revenue outlook following the ban.
“Ladbrokes owner cuts sales after Brazil gambling ban” — RTÉ News
Right
- Independent Journal Review reported Entain held its 2026 guidance despite the Brazil betting ban.
“Entain holds 2026 guidance despite Brazil betting ban” — Independent Journal Review
Questions readers ask
What happened with Entain and Brazil's betting ban?
Brazil implemented a ban on online betting, prompting Entain, the owner of Ladbrokes, to cut its revenue outlook, according to RTÉ News and CNA. Entain maintained its earnings guidance despite the cut, according to MarketWatch.
Did Entain change its 2026 guidance?
No. Independent Journal Review reported that Entain held its 2026 guidance despite the impact of Brazil's online betting ban.
What other company is affected by Brazil's betting ban?
The Wall Street Journal reported that Flutter, along with Entain, is taking stock of the impact of Brazil's online-betting ban on its business.
Why does this matter for the online betting industry?
The ban in Brazil affects revenue outlooks for major gambling companies like Entain and Flutter, both of which operate in the online betting market, according to The Wall Street Journal.
Sources · 5 outlet reports
- CNACenterLadbrokes owner Entain cuts revenue outlook after Brazil online betting ban
- MarketWatchCenterEntain Maintains Earnings Guidance Despite Brazil's Online Betting Ban -- Update
- RTÉ NewsCenterLadbrokes owner cuts sales after Brazil gambling ban
- The Wall Street JournalCenterEntain, Flutter Take Stock of Brazil’s Online-Betting Ban
- Independent Journal ReviewRight-leaningEntain holds 2026 guidance despite Brazil betting ban