Continuous investment in the region represents a promising growth opportunity for Flutter, which leverages the Flutter Edge — cutting-edge technology, multidisciplinary teams, and market-leading products — to gain meaningful market share in the sector.
During the quarter, the expanding portfolio of games and more sophisticated generosity tools delivered record iGaming revenue for Betnacional.
On the sports betting side, the company continues integrating Flutter’s internal pricing capabilities and generosity features, further enhancing its value proposition ahead of next year’s World Cup.

“Flutter Entertainment’s Q3 results reflect the incredible momentum we are experiencing at Flutter Brazil. We are living a great moment in our country. All of this is only possible thanks to the Flutter Edge and the commitment of our amazing colleagues,” said João Studart, CEO of Flutter Brazil.
“We continue strengthening our presence in the country with innovation, talent, and a focus on delivering increasingly better experiences to our customers — always with responsibility and a long-term vision,” the executive added.
For more information on non-GAAP financial measures and their reconciliation to GAAP, or to learn more about the company access the Q3 2025 earnings report here.
Source: GMB