Flutter falls on Brazil online-betting ban warning
FLUT•Flutter warned that Brazil’s online-betting ban could reduce its 2026 revenue by $70 million and adjusted core profit by $20 million if upheld. Its shares fell 5.4%.
FLUT•FLUT•FLUT•Flutter warned that Brazil’s online-betting ban could reduce its 2026 revenue by $70 million and adjusted core profit by $20 million if upheld. Its shares fell 5.4%.
Flutter said Brazil’s provisional measure revokes online-betting licenses and could reduce its 2026 revenue by $70 million and adjusted core profit by $20 million if upheld. The measure requires congressional approval within 120 days to remain in force, and Flutter is reviewing options, including a potential appeal.
