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Brazil Olympic Committee says betting ban affects its budget

Regulation

The Brazilian Olympic Committee says the ban on sports betting will affect its budget, as some planned funding came from betting companies. Committee director-general Emanuel said the measure could affect sports beyond football, and the organisation offered to discuss ways to reduce financial losses with public authorities.

The committee says the ban puts part of its planned sports funding at risk.

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Regulation

Italy’s Budget 2027 bill enters committee review at the Chamber

Italy’s Chamber of Deputies Budget Committee was due to set the schedule for examining the 2027 budget bill on 4 November, according to reports. The proposed timetable included hearings around 9–12 November and an amendments deadline expected on 17 or 18 November, subject to formal approval. The bill includes fiscal and regulatory measures affecting public gaming.

The parliamentary process for the 2027 budget law is now getting under way in the Chamber of Deputies. A bureau meeting of the Budget Committee was planned for Wednesday 4 November, with the task of fixing the calendar of sittings and organising the first stages of the examination. Giuseppe Mangialavori, of Forza Italia, presides over that committee. The Council of Ministers approved the bill on 28 October and it was then passed to Montecitorio, and because the two houses alternate, the Chamber examines it first this year.

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