Entain is trading 4.1% down at £431.40 after Brazil’s provisional online betting and gaming ban prompted a lower 2026 online net gaming revenue growth forecast.

  • The forecast is now 4%–6%, down from 5%–7%; excluding Brazil, growth remains on track for the top end of its previous range.
  • If the ban remains in place for the rest of 2026, underlying EBITDA is expected toward the lower end of £910 million–£960 million guidance. No trading-volume information was provided.