Better Collective shares fall 37.16% following Brazil betting ban
By SectorWire desk ·
Summary
Better Collective BETCO · SEK 71.60 2026-10-16 Data’s shares fell 37.16% over five days following Brazil’s betting ban announcement on 29 September 2026. Flutter FLUT · USD 75.60 2026-10-16 Data’s shares declined 11.52% over the same period. The report said that Better Collective estimated a €15m impact for the rest of 2026 and suspended its 2027 guidance.
Why it matters
Better Collective’s suspension of 2027 guidance leaves investors without its financial outlook amid uncertainty over operations in Brazil.