Allwyn is trading at $6.35, down 6.07%, after Brazil’s temporary online sports betting and iGaming ban affected Betano, in which it holds a 36.75% stake.
- The measure took effect September 25 and could last into early March 2027.
- If it remains through 2026, Allwyn says its previously communicated approximately 37% Adjusted EBITDA margin guidance would no longer apply, though the expected margin impact would be limited.
- Reuters reported Betano contributes 6% to 7% of Allwyn’s EBITDA.