Entain and Flutter warn of impact from Brazil gambling ban

Summarised from 2 outlets · 3 reports · Updated 28 Sept, 15:18 · Archive

Brazil has banned online casinos and sports betting, affecting major gaming firms.

Brazilian President Luiz Inacio Lula da Silva signed an order on Friday to ban 'all sports betting and online casinos'. Entain has downgraded its full-year online net gaming revenues outlook to between 4% and 6% as a result. Flutter has also warned of the impact from the ban.

How it is being reported

• Flutter and Entain warn over hit from Brazilian gambling banIndependent Business · 28 Sept, 15:00
• Flutter and Entain warn over hit from Brazilian gambling banEvening Standard · 28 Sept, 15:00
• Entain reveals impact from Brazil online gambling banIndependent Business · 28 Sept, 08:18

In this story: Entain · Flutter · Brazil · Luiz Inacio Lula da Silva

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem