UK's Entain falls after Brazil's online sports betting ban hits growth
28/09/2026 08:38
BUZZ-UK's Entain falls after Brazil's online sports betting ban hits growth ** Shares of Ladbrokes owner Entain ENT.L down 2.7% at 437.70 pence
** Entain says prolonged Brazil's ban on online sports betting would weigh on online net gaming revenue growth (NGR), prompting it to forecast fiscal 2026 underlying core profit at lower end of the guidance range
** Brazil's President Luiz Inacio Lula da Silva bans online betting operations in the country ahead of next month's election
** Shares of gaming firm Playtech PTEC.L down 3.2% at 376.20 pence
** ENT down ~42% YTD and PTEC up ~32% YTD
($1 = 0.7555 pounds)
(Reporting by Neeshita Beura in Bengaluru)