Ganime predicts Brazil betting ban will expire in Congress
By SectorWire desk · · Updated
Summary
Paulo Ganime, executive director of the Associação pelo Livre Mercado, expects Congress to let Brazil’s betting prohibition expire on 12 October. He said the absence of transition provisions concerned parliamentarians because of contracts involving betting operators. ANJL and IBJR requested Supreme Federal Court suspension of the measure, while the AGU asked the court to maintain it.
Why it matters
Ganime’s assessment points to concerns over how the prohibition affects operators’ existing contracts with football clubs and broadcasters.