Reported Earlier: Flutter Entertainment Ceases Operations In Brazil Following Executive Order Banning Online Betting; Estimates Up To $70M Revenue Impact And Reduction In Adjusted EBITDA Of ~$20M

Flutter Entertainment has ceased operations in Brazil following a provisional executive order from the Brazilian Government banning online betting and gaming. This decision is expected to impact Flutter's 2026 revenue by approximately $70 million and reduce adjusted EBITDA by about $20 million. The order may require Congressional approval within 120 days to remain effective, and if rejected, Flutter could resume its operations in Brazil.