Flutter Entertainment reported a third-quarter net loss exceeding $1bn, prompting the operator to lower its full-year guidance. Despite the bottom-line headwinds, group revenue rose 2% year-on-year to $3.87bn during the first trading period under new Chief Executive Officer Dan Taylor.
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Flutter has lowered its full-year 2026 guidance after a 25% decline in adjusted EBITDA during the third quarter. The earnings drop was driven by adverse sports results alongside the financial impact of the operator's exit from the Brazilian market, despite modest quarterly revenue growth.
Zeal reported a 22% increase in revenue following its acquisition of a 96.5% stake in operator SevenCanyon. The newly integrated business contributed €10.5m in revenue over the first nine months of 2026.
Grupo CIRSA highlighted the ongoing stability and profitability of its Spanish operations ahead of a 30 November shareholder vote on its proposed merger with Lottomatica SPA. In its Q3 trading update, the operator reported record year-to-date profits of €128m, reflecting a 37% surge in underlying pre-tax profit.
Boyd Gaming and Sonesta International Hotels have entered into an exclusive strategic affiliation to broaden the distribution of Boyd’s casino resort portfolio. The collaboration introduces Boyd properties directly to Sonesta's customer base while exploring joint loyalty and commercial opportunities.
Sands China has listed $1bn in senior unsecured notes on the Hong Kong Stock Exchange as part of an ongoing debt refinancing programme. The placement consists of $700m in notes due 2032 with a 6.4% coupon and $300m in notes priced at 6.7%.