President Luiz Inácio Lula da Silva signed, with vetoes, the law governing sports betting and online casinos run by companies popularly known in Brazil as “bets.” The measure was made official in a supplementary edition of the Federal Official Gazette (Diário Oficial da União) last Saturday, December 30. Among Lula’s vetoes, the most notable struck provisions that would have reduced ...
Fluminense and England’s Manchester City meet this Friday at 3 p.m. Brasília time (1 p.m. ET) at King Abdullah Stadium in Jeddah, Saudi Arabia, in the Club World Cup final. Making its debut in the competition, the Rio club comes in riding high for “the big game” against the team to beat in world soccer. Fluminense takes the field after ...
Fluminense and Egypt’s Al Ahly face off this Monday afternoon (3 p.m. Brasília time, 1 p.m. ET) at King Abdullah Stadium in Jeddah, Saudi Arabia, in a FIFA Club World Cup semifinal. The Egyptian club is very familiar with this competition. Al Ahly won its 11th African title, and this is its ninth Club World Cup appearance. Despite being a ...
Amid rapid change and technological progress, sportsbooks have emerged as a global phenomenon, winning an ever-wider fan base and establishing themselves as a multibillion-dollar industry. From Las Vegas to Macau and from London to Monte Carlo, the world is watching this industry flourish as it draws the attention of casual and professional bettors alike. Growth Driven by Technology The arrival ...
Brazilian soccer is going through a significant financial revolution with the introduction of Soccer Corporations, known in Brazil as SAFs (Sociedades Anônimas do Futebol). This new management model aims to bring more professionalism, transparency and, above all, financial resources to the country’s clubs. What Are SAFs? Soccer Corporations are a management model that allows private investors to buy into soccer ...