Entain Italy net gaming revenue down 6% in Q3 2026 despite 9% volume growth
By The Weekly Edge desk ·
Summary
Entain's Italian net gaming revenue fell 6% year on year in July to September 2026 despite volumes rising 9%, as football results favouring bettors cut the sports margin by 3.1 percentage points. Online revenue in Italy dropped 5% and retail 8%. Group net gaming revenue grew 2% at constant currency, Brazil fell 36% after the 25 September online gambling ban, and full-year guidance was confirmed.
Why it matters
Investors should weigh Italy’s revenue decline against rising volumes, as bettor-favourable results squeezed sports margins.