MarketsNotableConfirmed
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Betting sponsorships now 34% of top Brazilian clubs' marketing revenue
Poder360·BR·about 8 hours ago
São Paulo Mayor Ricardo Nunes announced he will sign legislation prohibiting betting advertisements in sporting events, even if the city council passes amendments to broaden restrictions and raise fines. The move signals tightening regulation of the gambling sector in Brazil's largest city, potentially setting a precedent for other municipalities.