Flutter Brazil, which operates the Betnacional and Betfair brands, joined the Associação Brasileira de Anunciantes, the company said. It said it was the first online betting company to join the association and that it aims to contribute to discussions on responsible advertising in Brazil.
The membership gives Flutter Brazil a role in an advertisers’ association discussing commercial communication standards.
Quarter ended 30 September 2026
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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.
Flutter reported first-quarter 2026 net income of $209 million, down 38% year on year, and reduced its full-year forecasts, according to the company. It now expects revenue of $18.305 billion and adjusted EBITDA of $2.865 billion, citing sports results, Arkansas launch costs and PokerStars North America reporting changes. Flutter said prediction-market losses are expected near the top of its previously stated $250 million to $300 million investment range for 2026.
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.
Betfair Italia will keep operating at least until the end of 2026, with a final decision on its presence in the Italian market reportedly postponed to 2027. The information was reported by Gianluca Landi, a betting exchange and sports trading expert, who said he had received confirmation from sources inside the company. According to that account, Flutter decided to maintain Betfair's operations throughout 2026 and to assess the sustainability of its Italian presence at a later stage.
Flutter Entertainment reported revenue of $16.383 billion for 2025, up 17% from 2024, and said Spain’s advertising restrictions affect its commercial activity. The company recorded adjusted EBITDA of $1.553 billion and a net loss of $407 million, which it said was mainly affected by a $556 million impairment linked to India’s real-money gaming ban.
Flutter Entertainment reported revenue of $16.383bn for the 2025 financial year, compared with $14.048bn in 2024, an increase of 17%. Adjusted EBITDA reached $1.553bn, while the net result was a loss of $407m. According to the company, the net loss was mainly affected by an impairment of assets of $556m linked to the ban on real-money gaming in India.