Entain reports 2% rise in Q3 group NGR and reiterates full-year guidance
Entain said its third-quarter net gaming revenue grew 2% on a constant currency basis, with strong UK&I performance offsetting challenges in Brazil and customer-friendly sports results.
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Entain plc said on 15 October 2026 that group net gaming revenue (NGR) rose 2% in the third quarter, covering 1 July to 30 September, on a constant currency basis and continuing operations, excluding Entain CEE.
The company said online NGR increased 3%, with gaming growth of 8% partly offset by what it described as particularly customer-friendly sports results and ongoing challenges in Brazil. Entain said UK&I NGR grew 14%, ahead of expectations, with New Zealand, Spain and Canada also delivering double-digit growth. Excluding Brazil, the company said online NGR grew 5%, with year-to-date online NGR growth of 8%.
Entain said retail NGR fell 2%, reflecting positive volumes of 2% despite an adverse sports results headwind. International NGR fell 4%, which the company attributed to market challenges in Brazil, where NGR dropped 36% ahead of an immediate online gambling ban the company said was announced on 25 September 2026.
Entain reiterated its full-year 2026 guidance, first provided on 28 September 2026, saying it expects online NGR growth of 4% to 6% on a constant currency basis, with underlying EBITDA, excluding parent fees, at the lower end of a £910 million to £960 million range. Excluding Brazil, the company said it expects full-year online NGR growth at the top end of a 5% to 7% range.
The company also said its previously announced divestment of an initial 20% stake in Entain CEE remains on track to close during the fourth quarter of 2026.
Stella David, chief executive of Entain, said: “I am pleased with our Q3 performance which reflects the strength of our execution and reinforces the resilience of our globally scaled business as well as its ability to consistently deliver high-quality growth.”