Entain Publishes Q3 2026 Trading Update Transcript

By Public Technologies
  • Entain reaffirmed 2026 guidance at its October 15 third-quarter trading update, attended by CEO Stella David and CFO Michael Snape.
  • Third-quarter online net gaming revenue rose 3%; unfavorable sports results reduced growth by roughly 4 percentage points against normalized expectations.
  • Full-year online growth guidance remains 4%-6%, with growth excluding Brazil expected at the top end of the 5%-7% range.
  • David intends to reopen Brazil operations when permitted, with investment dependent on the regulatory framework following the September 25 market shutdown.
  • Management warned a potential UK machine gaming duty increase from 20% to 40% threatens shop viability; mitigation plans would follow any increase.


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