Flamengo ends Pixbet sponsorship and closes Flabet sportsbook venture
Flamengo said it mutually ended its sponsorship agreement with Pixbet on 13 August, bringing their Flabet sportsbook venture to a close. The deal had been due to expire in December, with a possible renewal through 2027; reports of late payments preceded the termination. Flamengo is reportedly in talks with other betting companies about the main sponsorship.
The termination ends Pixbet’s shirt sponsorship and Flabet venture, creating an opening for another betting operator.