AI Summary
Sign in to listen

Betano proposes BR200m deal to become Corinthians' new sponsor

After partnering with Flamengo and the Brasil Ladies Cup, Betano has reportedly now targeted Corinthians.

3 min read
Betano Corinthians
Key Points
Betano proposal to Corinthians estimated at BR200m ($34.8m) per year
Move would follow partnerships with Flamengo and the Brasil Ladies Cup
Esportes da Sorte may still exercise its right to match the offer

Betano is reportedly negotiating a landmark sponsorship agreement with Corinthians, which could further consolidate the operator's influence in Brazilian football.

The proposal, said to combine main shirt sponsorship and arena naming rights, could be worth around BR200m per year, placing it among the most valuable deals in the country's sports market.

The São Paulo club's current sponsor, Esportes da Sorte, pays BR103m annually and has been notified of the offer, maintaining the right to match or exceed Betano's proposal.

Corinthians' management, led by Osmar Stabile, aims to increase overall sponsorship revenue to BR270m per season through combined agreements.

The possible deal follows Betano's expansion in Brazil, where the brand recently closed a deal as Flamengo's main sponsor.

The operator launched its partnership with large-scale Maracanã activations and it also sponsors the 2025 Brasil Ladies Cup, reinforcing its commitment to both men and women's football.

Meanwhile, Corinthians seeks to revise its long-term naming rights contract for the Neo Química Arena, signed in 2020 with Hypera Pharma.

The deal currently brings in BR15m per year but the club is pursuing a raise to around BR70m annually to align with market values.

If finalized, the agreement would represent Betano's third major partnership in Brazilian football and a strategic step in cementing its visibility among the country's largest fan bases.

Good to know

Betano also sponsors Flamengo's women's team and launched its Brasil Ladies Cup partnership in 2025

Reaction Board

Set Global Gaming Insider to be your preferred search result

In The News

View all
AGCO issues $40,000 fine to Relax Gaming for offering products to unregulated sites
[ELEVATED IMPORTANCE]

AGCO issues $40,000 fine to Relax Gaming for offering products to unregulated sites

The Ontario regulator issued $40,000 fines to both Relax Gaming and Arrise Solutions following an investigation which found the supplier’s games to be available on unregulated platforms.

· Legal & Regulatory + 3