Brazil bill proposes betting-advertising ban as clubs face R$1bn annual risk
A bill before Brazil’s Senate proposes prohibiting advertising and sponsorship related to sports betting and online gaming. The proposal is awaiting a rapporteur in the Constitution and Justice Committee after the Science and Technology Committee backed a substitute; estimates cited in the report put potential annual losses for Serie A clubs at up to R$1 billion.
A proposed advertising and sponsorship ban could put annual revenue for Série A clubs at risk.