Brazil Football Clubs Face Massive Sponsorship Blow From Betting Ban
4 Articles
4 Articles
Brazil football clubs face massive sponsorship blow from betting ban
Flush with cash from their betting sponsors, Brazilian clubs have in recent years dominated their South American rivals, winning the last seven Copa Libertadores titles. President Luiz Inacio Lula da Silva, who on Sunday is facing a tight election race against right-wing senator Flavio Bolsonaro on Friday signed a provisional measure banning online betting companies, dubbing the industry a "cancer." This is what is at stake: How much do clubs ra…
The federal government announced new actions to prevent the continuity of the offer of bets in digital environment after [...] The post SC Clubs fear losing R$ 25 million in order to end the sponsorships of bets apareceu primeiro em ND More
The conflict confronts the government with the most powerful institutions and questions its economic advantage in South America
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