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✉news CultureEntertainment first seen 16 h ago, last 14 h ago, peak #27

Inspired Entertainment shares fall on Brazil gambling ban

Original: Inspired Entertainment slides after Brazil's ban on online betting and gambling (INSE:NASDAQ)

Inspired Entertainment shares slid after Brazil moved to ban online betting and gambling. The drop hits a supplier of gaming technology to the betting industry, and investors are weighing how much of the company's revenue could be affected by losing access to one of the world's largest emerging gambling markets. Traders are watching for details on the scope of the restriction and any company response.

Why now: Investors reacted to news that Brazil's ban on online gambling threatens a market opportunity for betting-technology firms.

Inspired EntertainmentBrazilNASDAQ

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