Flutter ceases sports betting and igaming operations in Brazil
FLUT•Flutter ceased sports betting and igaming operations in Brazil on Sept. 25, 2026. The company expects the move to reduce 2026 revenue by $70 million and adjusted EBITDA by $20 million.
1. Brazil operations
Flutter said it ceased sports betting and igaming operations in Brazil as of Sept. 25, 2026. It expects a $70 million reduction in 2026 revenue and a $20 million reduction in 2026 adjusted EBITDA, and is reviewing options in Brazil, including a potential appeal.
