Brazilian clubs oppose possible government ban on online betting and games
Brazilian football clubs from Série A to Série D are preparing a joint statement against a possible federal ban on online games and sports betting, reportedly. The draft cites R$1bn in lost shirt sponsorships, while club executives estimate the wider impact on sport could reach R$2bn; betting companies say they may seek repayment of R$30m in licence fees if a ban proceeds.
A possible ban could affect betting operators’ market access and sponsorship arrangements with Brazilian clubs.