Palmeiras and São Paulo giants publish manifesto opposing abrupt betting market curbs | OneFootball

Palmeiras and São Paulo rivals Corinthians, Santos and São Paulo have issued a manifesto opposing abrupt changes to Brazil’s betting regulation. Released by the Federação Paulista de Futebol, it warns of harm to the game.

The clubs acknowledge betting’s social impact and back stronger safeguards. They argue that banning the regulated market would hurt football and push users to illegal platforms.

They say licensed bookmakers are now a key revenue stream, supporting teams, operations, youth, community projects and women’s football. They highlight contracts signed after regulation and warn that sudden rule changes could curb investment and create imbalances.

Palmeiras’ master sponsor is Sportingbet, under contract until December 2027. The deal pays R$ 100 million per season fixed, with variables that can lift the total to about R$ 170 million.

The manifesto says regulation enables oversight, tax collection and duties on consumer protection, age blocks and action against match-fixing and money laundering. It urges tougher action on illegal operators and offers to work with authorities on education.

The intervention follows reports of potential federal curbs, with no final decision or text yet. Reuters reports that one option under study would target online casino operations while preserving sports betting and football sponsorships. Other reports point to advertising limits.

UOL says 13 Série A clubs have betting firms as main sponsors worth about R$ 1 billion, while ge puts Palmeiras, Corinthians and São Paulo’s combined deals at roughly R$ 350 million a year.

Source: Nosso Palestra

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