Superbet CEO warns ad limits could put R$2bn in Brazilian football funding at risk
Superbet CEO Alexandre Fonseca warned on 6 February that proposals in Brazil’s Congress to restrict or ban sports betting advertising could put investment in football at risk. He said fixed-odds betting operators invest about R$2 billion a year in football sponsorships, including deals with broadcasters, clubs, competitions and stadiums.
Operators and sports partners face uncertainty over a sponsorship market Fonseca values at about R$2 billion annually.