Why is Entain stock sliding today?
Entain (ENT) stock fell 2.7% after adjusting its 2026 financial guidance due to Brazil's ban on online sports betting. The company now expects lower-end EBITDA and online margin, with online net gaming revenue growth reduced to 4-6% from 5-7%. Brazil was projected to contribute 5% of revenue. The FTSE 100 rose 0.26% amid U.S.-Iran diplomacy news.


