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Lula denies revenue loss from betting ban, cites SAF law ahead of club meeting
InfoMoney·BR·2 days ago
Brazil's government will meet with football clubs this week to discuss the impact of a betting ban, after online betting companies notified teams of potential sponsorship contract terminations. Club leaders warn of difficulties honoring commitments, signaling financial strain for clubs reliant on betting revenue. The meeting aims to address the fallout, but the scope of any mitigation remains unclear.