The well-known online sports wagering firm, Jack Bet, has recently inked a significant agreement with Red Bull Bragantino, a renowned Brazilian football club. This is simply the most recent illustration of how betting businesses are becoming increasingly involved in Brazilian football.
Jack Bet will serve as the primary sponsor for both the men’s and women’s teams. Their emblem will be prominently displayed on the team’s jerseys, training attire, and even on the coaches’ apparel. Their name will be visible on signs and backdrops during interviews, and they will even have their own dedicated box at the stadium. They will also be highlighted on the team’s website and social media platforms.
This agreement arrives at a time when Brazil is actively working to establish new regulations for sports betting. Other betting companies, including Blaze, Parimatch, Esportes da Sorte, and Pixbet, have also recently entered into partnerships with various Brazilian teams.
Brazils soccer landscape is witnessing a fresh surge of investment after the exit of ex-President Jair Bolsonaro, who missed the opportunity to endorse the newest sports wagering legislation before departing his post.
This proposed law seeks to establish guidelines for the online sports betting industry, which presently operates without any government income or limitations on the quantity of permits.
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