MarketsNotableReportedDeveloping
7.1
Flutter suspends Brazil ops as president issues provisional gambling ban
Irish IndependentLO·IE · BR·1 day ago
Flutter estimates a $70 million revenue loss and a $20 million adjusted EBITDA reduction if its inability to operate in Brazil persists through year-end. The ban disrupts a key growth market, signaling regulatory risk for the gambling sector and potential earnings downside for Flutter.