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Bolivian football federation president proposes regulating sports betting

Regulation

Federación Boliviana de Fútbol president Fernando Costa proposed regulating sports betting in Bolivia, linking the idea to possible amendments to Law 060. Costa said legal betting could provide income to clubs and tax revenue; the report says no online betting platforms are currently authorised in the country. Bolivia’s Gaming Control Authority has previously said advertising betting is prohibited.

Any change to Law 060 could affect whether betting operators can enter Bolivia and support football through commercial agreements.

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Regulation

São Paulo football federation warns betting-ad ban could cost R$1bn

The São Paulo Football Federation and six city clubs urged Mayor Ricardo Nunes to discuss two proposed bills restricting sports-betting advertising at venues in the municipality, according to the report. Their letter estimates at least R$1bn in contract renegotiations and cancellations if the measures pass; the bills have been reviewed by the city council's Constitution and Justice Committee.

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