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FIRST announces sportsbook supply deal with Pixbet in Brazil

Deals & M&A

FIRST – Best in Sports announced a deal to provide Brazilian operator Pixbet with sportsbook solutions. In an interview, FIRST chief executive Tom Light said the collaboration would focus on sportsbook infrastructure designed for Brazilian market conditions; the source gives no further confirmed terms.

The agreement gives Pixbet a named supplier for its sportsbook technology in Brazil.

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Brazilian football betting sponsorships may fall in 2027, market professionals predict

Sports-market professionals expect Brazilian football clubs’ betting sponsorship values to fall in 2027, reportedly returning to levels seen by July 2025, even if the government measure is changed or expires. The cited estimates put Flamengo’s potential main-shirt deal at about R$115 million a year, down 57% from R$268 million, and Fluminense’s at R$40 million, down 24.5% from R$53 million. These are projections, not announced cuts.

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