Flutter Entertainment Announces Cessation of Brazil Operations After Government Ban

What Happened

• On September 28, 2026, Flutter Entertainment plc (FLUT) issued a press release disclosing a provisional executive measure by the Brazilian Government that bans online betting and gaming in Brazil.
• As a result of that measure, the company announced the cessation of its operations in Brazil. The press release is furnished as Exhibit 99.1 to the Form 8‑K (Item 7.01, Regulation FD Disclosure).

Key Details

• Date of disclosure: September 28, 2026.
• Regulatory action: Provisional executive measure banning online betting and gaming in Brazil.
• Company action: Flutter announced it will cease its operations in Brazil.
• Filing: Press release furnished as Exhibit 99.1 to the Form 8‑K.

Why It Matters

• This is a material regulatory development for Flutter’s exposure to the Brazilian market: a government ban has directly led the company to stop operating there.
• The 8‑K does not provide financial impact details; investors should watch for follow-up disclosures (future 8‑Ks, earnings releases or regulatory filings) that quantify any revenue, asset, or cash‑flow effects, and any legal or remediation steps the company may take.