Entain confirmed its full-year 2026 forecast despite slower revenue growth in the third quarter. Net gaming revenue rose 2% year over year at constant currency, down from 7% growth in the second quarter.

The slowdown reflected customer-friendly sports results and ongoing challenges in Brazil, where online gambling was recently banned.

Online net gaming revenue in the UK and Ireland rose 14%, helping offset those headwinds. Entain’s US joint venture, BetMGM, also reiterated its guidance.

Entain shares fell 3.5% in London following the announcement.