Entain gaming revenue rises 2% as domestic growth offsets hit from Brazil

Oct 15 (Reuters) Ladbrokes owner Entain reported a 2% rise in third-quarter net gaming revenue and ​reiterated its annual forecast on ‌Thursday, as a strong showing in the UK and Ireland offset the impact from weaker performance in Brazil. Here are some details: • ‌Brazil ​banned online gambling ⁠last month, piling pressure ⁠on an industry already squeezed by high costs and regulatory scrutiny • Entain, which was already facing a ​tough environment in Brazil due to increased competition, had warned its ⁠2026 group underlying core ⁠profit would be at ​the lower end of its earlier forecast ​range of £910 million to £960 million • The ‌company reported net gaming revenue growth of 2% and online revenue growth of 3% for the three ⁠months to September 30 • UK Ireland net gaming revenue rose 8%, with online sales growth ⁠of ‌14% beating the company s ⁠own expectations • Entain stuck to ​the ‌full-year 2026 forecast it provided ​late last ⁠month, and affirmed its target of £500 million ($