Flutter Reduces FY 2026 Guidance as Brazil iGaming Shutdown Impacts Financials

Flutter Entertainment has published its financial report for the third quarter of the year, highlighting a double-digit decrease in EBITDA. To make matters worse, the closure of Brazil’s iGaming market impacted the company’s revenues, causing it to adjust its outlook for the year. Flutter Reported Mixed Q3 Results In its report, the international gaming giant reported $3.87 billion in revenue. This figure marks a 2% increase year-on-year, highlighting some improvements. Flutter explained that the revenue was driven by strong performances in the UKI and SEA regions, which were partially offset by weaker sports results in the wider International segment.