Allwyn withdraws 2026 margin guidance after Brazil betting ban

Allwyn said Brazil’s temporary ban on online sports betting and iGaming could affect its 2026 financial outlook. The group said its previous guidance of an Adjusted EBITDA margin of about 37% no longer applied; its preliminary assessment was that the impact would be limited if the ban remained in force for the rest of 2026. Kaizen Gaming, in which Allwyn holds a 36.75% stake, is preparing legal action to protect Betano’s rights in Brazil, according to Allwyn.