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MAGLA sponsors Malawi league awards with K40m agreement

Deals & M&A

Malawi’s Gaming and Lotteries Authority signed a K40 million agreement with the Super League of Malawi to sponsor monthly goal and save awards in the 2026 FDH Bank Premiership. Each award winner will receive K1 million, while K10 million will go towards administration, MAGLA said.

The sponsorship directs funding to player awards and administration in Malawi’s 2026 league season.

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Deals & M&A

Esportes da Sorte seeks to end Corinthians sponsorship agreement

Esportes da Sorte has notified Corinthians that it plans to terminate its principal sponsorship, reportedly arguing Brazil’s betting ban prevents it from meeting its contractual obligations. Corinthians opposes termination and says the agreement should remain suspended until the legal issue is resolved; the parties are discussing the matter through their lawyers. The agreement provides for R$150m annually, potentially rising to R$200m against performance targets.

Esportes da Sorte has reportedly told Corinthians that it plans to end its principal sponsorship of the club. Corinthians opposes termination and argues that the contract should stay suspended until the legal issue tied to Provisional Measure No. 1394/2026 is resolved. Both sides are reportedly discussing the matter through their lawyers.

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