CBF, COB and CPB present sports funding losses at Brazil Supreme Court
Regulation2 min read
Brazilian sports bodies CBF, COB and CPB addressed a Supreme Court hearing on 3 November about MP 1.394/2026, which prohibits fixed-odds betting. CBF projected a R$ 420 million revenue loss in 2027, while COB estimated a R$ 2.6 billion impact on sport; CPB supported regulation as a way to protect bettors.
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Brazil's football, Olympic and Paralympic bodies presented the financial effects of Provisional Measure 1.394/2026, which banned fixed-odds betting, to the Supreme Federal Court (STF). They did so at a public hearing called by justice Luiz Fux under case ADI 8027 on Tuesday 3 November. The three bodies were the Brazilian Football Confederation (CBF), the Brazilian Olympic Committee (COB) and the Brazilian Paralympic Committee (CPB).
CBF was represented by lawyer Igor Mauler Santiago. CBF said its revenue loss in 2027 would be R$420m and would grow in later years. According to CBF, 27 of the 40 clubs in Series A and B have a betting company as master sponsor. CBF said those contracts total about R$1bn a year, equal to 35% of all club sponsorship. CBF also said the contracts had projected R$5.4bn up to 2030.
Santiago set out a pair of alternatives for CBF. Under the first, online casinos would be prohibited, while sports betting would stay in place under heavy restrictions. Under the second, all betting would be banned, but a transition rule would apply until the 2030 World Cup cycle. As a precedent, he pointed to the English top-flight league, where only master sponsorship was vetoed, other sponsorship forms stayed, and three seasons were given to adapt.
COB lawyer Pedro Henrique Rebelo de Mendonça said the committee was not there to pass judgement on fixed-odds betting but to show the court the immediate effect of the measure on the national sports system. COB said the impact, once the other legal beneficiaries of sport such as the Sports Ministry are included, reaches R$2.6bn between the end of 2026 and 2027. For COB itself, the expected 2027 transfers were about R$130m, equal to 20% of its planned budget. COB said the six sports subsystem entities together will stop receiving about R$325m in 2027. COB closed by asking for stability and legal certainty.
CPB was represented by Mizael Conrado, who argued for regulation of betting. Conrado said he was convinced that only regulation reduces the harmful effects of gambling. He said CPB has no betting sponsorship and receives legal transfers. Conrado also said the provisional measure does not meet the urgency requirements. He expressed doubt about blocking the illegal market.
CBF and CPB both argued for separating sports betting from online casino. CBF also asked for a transition period until 2030.