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الجزيرة الرياضية
Source: الجزيرة الرياضية
8 Hrsالجزيرة الرياضية
Source: الجزيرة الرياضية
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Brazilian President Luiz Inácio Lula da Silva’s ban on sports betting and online casinos, aimed at curbing household debt, has had mixed economic effects: food consumption rose 6.5% in the first week, while football clubs lost sponsorship revenue. Flamengo’s vice-president said the club had lost an estimated 430 million Brazilian reais (70 million euros) in annual revenue, while clubs complained they had been given only ten days to bring themselves into compliance. The decree is still being debated in parliament, where a vote on giving it the force of law is expected before the end of next January.
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