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Entain CEO expects Brazil betting market to reopen

Deals & M&A

Entain chief executive Stella David told analysts she expects Brazil’s betting market to reopen in some form and said Entain would return. Her remarks were presented as her best guess.

Entain’s stated expectation signals possible renewed interest in Brazil if the market reopens.

End-of-day close Entain (ENT), GBp, to 5 November 2026
Story date1 September 20265 November 2026

Latest reported results

Entain LSE: ENT

Financial year ended 31 December 2025

Revenue
GBP 5.26bn
Operating income
GBP 495.7m

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Results

Entain maintains FY26 guidance as Q3 online NGR rises 3%

Entain maintained its full-year 2026 guidance after reporting a 2% rise in third-quarter group net gaming revenue, the company said. Online NGR increased 3% year on year in the three months to 30 September, while the company forecast full-year online growth of 4% to 6% on a constant-currency basis. It kept underlying EBITDA guidance, excluding parent fees, at £910m to £960m, with results expected at the lower end.

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