Entain gaming revenue rises 2% as domestic growth offsets hit from Brazil
Oct 15 : Ladbrokes owner Entain reported a 2 per cent rise in third-quarter net gaming revenue and reiterated its annual forecast on Thursday, as a strong showing in the UK and Ireland offset the impact from weaker performance in Brazil.
- Brazil banned online gambling last month, piling pressure on an industry already squeezed by high costs and regulatory scrutiny
- Entain, which was already facing a tough environment in Brazil due to increased competition, had warned its 2026 group underlying core profit would be at the lower end of its earlier forecast range of £910 million to £960 million
CNA Games Guess Word Crack the word, one row at a time Buzzword Create words using the given letters Mini Sudoku Tiny puzzle, mighty brain teaser Mini Crossword Small grid, big challenge Word Search Spot as many words as you can Show More Show Less • The company reported net gaming revenue growth of 2 per cent and online revenue growth of 3 per cent for the three months to September 30 • UK & Ireland net gaming revenue rose 8 per cent, with online sales growth of 14 per cent beating the company's own expectations • Entain stuck to the full-year 2026 forecast it provided late last month, and affirmed its target of £500 million ($661.7 million) in annual adjusted cash flow in 2028 ($1 = 0.7556 pounds)
- The company reported net gaming revenue growth of 2 per cent and online revenue growth of 3 per cent for the three months to September 30
- UK & Ireland net gaming revenue rose 8 per cent, with online sales growth of 14 per cent beating the company's own expectations
- Entain stuck to the full-year 2026 forecast it provided late last month, and affirmed its target of £500 million ($661.7 million) in annual adjusted cash flow in 2028
Our chief editor shares analysis and picks of the week's biggest news every Saturday.
Get our pick of top stories and thought-provoking articles in your inbox
Stay updated with notifications for breaking news and our best stories
Join our channel for the top reads for the day on your preferred chat app
