Brazilian lawmakers seek rules for R$767 million betting revenue distribution
Brazil’s Chamber of Deputies Sports Committee is seeking a solution to the stalled distribution of R$767 million from sports betting revenue to athletes, clubs and federations. The betting-industry association said the funds are held pending rules on allocation; stakeholders disagree over whether the money is public or private and how it should be divided.
Allocation rules would determine how operators’ betting revenue is distributed among sports stakeholders.