Entain, a UK-listed betting and gaming group, reported a 2% increase in Group Net Gaming Revenue (NGR) in Q3 2026. The Entain Q3 2026 results show online growth of 3%, while retail declined 2%. Entain operates licensed online sportsbooks, casinos and betting shops across several regulated markets under brands including Ladbrokes, Coral, bwin and Sportingbet.

• Online performance: Online NGR increased 3%, with gaming up 8% and sports betting down 3%. Excluding Brazil, online NGR grew 5%. NGR represents betting stakes minus winnings and customer incentives, plus gaming revenue, before VAT and sales taxes.
• UK & Ireland: Online NGR rose 14%, driven by 17% gaming growth and 3% sports betting growth. Online betting volumes increased 15%. Retail NGR grew 1%.
• International markets: International online NGR declined 3%, with Brazil down 36% before the nationwide gambling ban. New Zealand, Spain and Canada recorded double-digit online growth. Australia grew 1%, while Italy declined 5%.
• 2026 outlook: The Entain Q3 2026 results leave full-year online NGR growth guidance unchanged at 4–6%. Underlying EBITDA is expected at the lower end of GBP 910–960 million (ca. EUR 1.06–1.11 billion). The forecast assumes Brazil’s gambling ban continues throughout 2026.
• BetMGM: Entain’s US joint venture with MGM Resorts maintained its 2026 revenue forecast of USD 2.9–3.1 billion (ca. EUR 2.5–2.7 billion) and adjusted EBITDA guidance of USD 300–350 million (ca. EUR 258–301 million). Entain CEO Stella David said: “Both online and retail are important parts of our business.” Entain also expects to complete the initial 20% sale of its Central and Eastern European business in Q4 2026.

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