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7.4
Brazil AGU seeks 72h to answer betting ban queries; STF case pending
Valor Econômico·BR·3 days ago
Flamengo filed a legal action at Brazil's Supreme Court (STF) against the betting ban, estimating losses up to R$430 million by 2027 and requesting suspension until Congress reviews the measure. The move signals corporate pushback against regulatory restrictions, with uncertainty over judicial and legislative outcomes.
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