Brazil betting ban could cut Olympic and Paralympic sport funding by R$2.623bn
Brazil’s betting ban is projected to reduce transfers to the Olympic and Paralympic sports sector by about R$2.623bn through 2027, according to an estimate mapped by the Brazilian Olympic Committee. The projection includes R$497m in transfers from October to December 2026 and R$2.1bn in expected 2027 revenue; it excludes direct payments to federations linked to bets on their own sports. The committee’s president said it expects to use reserves and cut or defer other spending to protect preparations for Los Angeles 2028.
The projected loss affects funding plans for sports bodies that received betting-related transfers.