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Evening Standard

Holly Williams

THE TRUTH ABOUT: Flutter and entain warn over hit from brazilian gambling ban - The Untold Story

Entain Flutter Brazil Luiz Inacio Lula da Silva Ladbrokes United Kingdom

Betting giants Flutter and Entain have warned over a hit to annual results after Brazil’s shock move to ban online gambling. (Alamy/PA) -

Betting giants Flutter and Entain have warned over a hit to annual results after Brazil’s shock move to ban online gambling.

Paddy Power and Betfair owner Flutter joined Ladbrokes and Sportingbet rival Entain in hitting out at the sudden decision by Brazilian President Luiz Inacio Lula da Silva on Friday to sign an order that “prohibits all sports betting and online casinos”.

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