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    Brazil betting ban puts Allwyn’s 2026 margin guidance at risk

    Brazil betting ban puts Allwyn’s 2026 margin guidance at risk

    Allwyn stated its 2026 Adjusted EBITDA margin guidance is at risk if Brazil's online sports betting and iGaming ban remains in place for the year. The company is assessing the impact of this measure on its 36.75% stake in Kaizen Gaming, operator of the Betano brand.

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    Opposition in Bulgaria wants ‘loopholes’ closed in gambling reform proposal

    Assen Vassilev, Chairman of Bulgaria’s opposition party We Continue the Change (PP), has called for changes in the latest proposal to reform Bulgaria’s Gambling Act, warning that several “loopholes” could undermine its intended purpose of limiting gambling advertising. On 23 September, Prime Minister Rumen Radev and his cabinet published a draft proposal to reform Bulgaria’s […]