{
  "id": 10395005,
  "title": "Ladbrokes owner Entain cuts online revenue outlook after Brazil online betting ban",
  "url": "https://urgent.news/2026/09/28/ladbrokes-owner-entain-cuts-online-revenue-outlook-after-brazil-10395005",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T06:22:15.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/ladbrokes-owner-entain-cuts-online-revenue-outlook-after-brazil-online-betting-ban-6415026"
  },
  "original_language": "en",
  "account": "On September 28, betting giant Entain announced that it had lowered its forecast for online net gaming revenue growth to between 4% and 6% on a constant currency basis. This revision came after Brazil implemented a ban on online sports betting and gaming. The move was prompted by Brazilian President Luiz Inacio Lula da Silva's executive order that halted online betting operations in the country, despite the government's prior efforts to establish a legal framework for the industry. Entain anticipates that its 2026 group underlying core profit will fall within the lower range of its previously forecasted range of £910 million to £960 million ($1.20 billion to $1.27 billion). Furthermore, the company expects its online underlying core profit margin to be at the lower end of its previously projected 21% to 22% outlook.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Ladbrokes owner Entain cuts revenue outlook after Brazil online betting ban",
        "url": "https://urgent.news/2026/09/28/ladbrokes-owner-entain-cuts-revenue-outlook-after-brazil-online",
        "published": "2026-09-28T06:22:15.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}