Entain Posts 2% Revenue Growth as UK and Ireland Offset Brazil
Third-quarter gaming revenue increased as UK and Ireland growth countered weaker performance in Brazil, while Entain reaffirmed its 2026 forecast.
Key takeaways
- Third-quarter net gaming revenue rose 2%, and online revenue increased 3%.
- UK and Ireland net gaming revenue climbed 8%, with online sales up 14%.
Entain reported a 2% rise in third-quarter net gaming revenue, as growth in the UK and Ireland offset weaker performance in Brazil. Online revenue increased 3% in the three months to September 30.
Net gaming revenue in the UK and Ireland rose 8%, while online sales there grew 14%, exceeding the company’s expectations. Entain reiterated its full-year 2026 forecast, which it provided late last month.
The company had warned that 2026 underlying core profit would be at the lower end of its £910 million to £960 million forecast range. It also reaffirmed its target of £500 million in annual adjusted cash flow in 2028.
As of 08:09 UTC on Thursday, Entain shares traded at 433.6 pence, down 2.43% from the previous close.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
