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Brazilian betting association challenges government's MP in Supreme Court
Valor Econômico·BR·3 days ago
Brazilian football club Flamengo was granted amicus curiae status in three Supreme Court (STF) actions on fixed-odds betting rules, reported by Minister Fux. The move signals the sports sector's interest in shaping the regulatory framework for betting, which has significant economic implications for clubs. The outcome could set precedent for betting regulation and revenue-sharing in Brazil.