Earnings

Reported Earlier: Flutter Entertainment Ceases Operations In Brazil Following Executive Order Banning Online Betting; Estimates Up To $70M Revenue Impact And Reduction In Adjusted EBITDA Of ~$20M

Sep 28, 2026 · 10:59 AM ET· updated 1h ago

Flutter Entertainment plc (NYSE:FLUT) ("Flutter") the world’s leading online sports betting and iGaming operator notes the provisional executive order issued by the Brazilian Government banning online betting

Why It Matters

Brazil banned online betting, so Flutter stopped doing business there. This means Flutter will lose about $70 million in sales and make less profit this year.

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Tickers in Play

FLUT79.59

-3.64 (-4.37%)

Last session drawn · prints held ~15 minutes · licensed exchange data

Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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