Flamengo opposes proposed diversion of Brazilian betting tax revenue from sport
By SectorWire desk ·
Summary
Flamengo has opposed a proposed amendment that would redirect Brazilian betting tax revenue from sport to public security. The club said lawmakers introduced the amendment during consideration of the Security PEC before July’s parliamentary recess. Flamengo supports additional security funding but argues that reallocating betting revenue would reduce resources already committed to sport.
Why it matters
The proposed amendment would redirect betting tax revenue to public security, reducing resources already committed to sport, Flamengo argues.