The Brazilian government is reportedly studying the publication of a provisional measure that would ban online games, which could have a significant impact on the revenue of teams' sponsors. This information comes from Globo Esporte Futebol, which has confirmed the development.
Clubs defend regulated betting market
Several top Brazilian football clubs, including Botafogo, Flamengo, Fluminense, and Vasco, have published a joint statement defending the regulated betting market in Brazil. The document, which was published on the clubs' social media profiles, argues that the investment of authorized betting companies has become a main source of income for the sport. According to the statement, these resources also reach smaller teams, lower divisions, and less commercially exposed competitions. The clubs claim that it is necessary to combat illegality, strengthen control, and improve protection mechanisms without putting at risk a market that was regulated by the State itself.