Brazil bets ban could cut three clubs’ revenues by R$695.5m
An economist’s estimate reported in the source says Flamengo, Corinthians and Palmeiras could lose R$695.5 million a year combined in betting sponsorship and stadium advertising revenue if Brazil’s provisional measure remains in force. The projections put potential revenue reductions at 26% for Flamengo, 23% for Corinthians and 22% for Palmeiras; they are not losses already recorded.
The projections quantify potential sponsorship exposure for clubs with betting-company agreements if the measure remains in force.