Gaming company Flutter Entertainment has ceased its sports betting and igaming operations in Brazil as of September 25. This is stated in a filing with the US SEC.
The decision is expected to reduce Flutter’s revenue for 2026 by around 70 million dollars and adjusted EBITDA by approximately 20 million dollars.
The company also states that it is reviewing all available options in Brazil, including the possibility of appealing.
Flutter Entertainment is moving marginally higher in US premarket trading.
