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Brazilian clubs oppose bill restricting gambling sponsorships

Regulation

Brazilian football clubs criticised a Senate bill that would restrict gambling sponsorships and betting advertising, reportedly arguing that it threatens about R$1.6bn in annual club revenue. Senator Carlos Portinho, who proposed the amendment, defended it by citing problem gambling and the industry’s inability to regulate itself. The proposal would ban static gambling signage in stadiums during games and limit teams to one betting sponsor.

If enacted, the proposed restrictions could require clubs and betting operators to change sponsorship and advertising agreements in Brazil.

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