Entain maintains 2026 EBITDA guidance after Brazil betting ban
Entain maintained its 2026 underlying group EBITDA forecast after Brazil temporarily revoked operators’ authorisation to offer online betting and gaming, the company said. It expects EBITDA of £910m to £960m and an online margin of 21% to 22%, but now expects both figures to be towards the lower end of those ranges. Including Brazil, Entain forecast online net gaming revenue growth of 4% to 6% at constant exchange rates, assuming the ban lasts through 2026.
Entain expects Brazil’s temporary ban to push its 2026 EBITDA and online margin forecasts toward the lower ends of their ranges.