Flutter-owned Betfair plans to stop operating in New Zealand later in July and will accept bets until 23 July. The company said the change is needed to comply with a legislative amendment; it is unclear whether Betfair will seek one of the planned online casino licences.
Operators considering New Zealand need to account for Betfair’s planned withdrawal and the pending licensing framework.
Quarter ended 30 September 2026
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Betfair will continue operating in Italy through the end of 2026, with Flutter postponing its decision on the market to 2027, according to a report citing sources inside the company. The review reportedly takes account of Italy’s remote-gambling concession costs and the timetable for technology changes set by ADM; Betfair’s Italian affiliate programme ended on 31 October 2026.
Flutter reduced its FY2026 forecasts after Brazil’s betting shutdown and unfavourable sports results in its US and International segments. Q3 adjusted EBITDA fell 25% to $360 million; the company lowered its revenue guidance midpoint by $300 million to $17.61 billion and its adjusted EBITDA forecast by $160 million to $2.495 billion, according to its results.
Flutter Entertainment reported a net loss of $1.15bn for the three months ended 30 September, compared with $789m a year earlier. It recorded an $873m non-cash charge relating to Brazil and said it closed its Brazilian operations on 26 September after a provisional measure banned online betting and gaming.
Betfair has stopped its Italian affiliate programme, according to a report, which describes the move as an initial step towards leaving the market. The report links the expected exit to planned regulatory changes and says Betfair held about 87% of betting-exchange spending in Italy in September 2026. Betflag held 12.9% and Vincitù about 0.1%.
Flutter said it will gradually close Betfair Exchange, Sportsbook and Casino in Italy, citing upcoming regulatory changes that have made the exchange commercially unsustainable. It has not given a date for ending player services; the affiliate programme will end on 31 October 2026, and affiliates must remove Italian promotional material by 29 October.