AI Summary
Sign in to listen

Palmeiras rules out temporary sponsors as betting ban leaves shirt vacant

President Leila Pereira says the club will keep its main shirt sponsorship empty while Brazil’s betting ban remains in force, despite the financial pressure facing football teams.

1 min read
Palmeiras
Key Points
Palmeiras will not seek temporary sponsors to replace Sportingbet, with Pereira insisting the club will honour its existing contract
The club has already received its agreed payments for 2026 but the sponsorship deal runs until December 2027

Palmeiras will leave its main shirt sponsorship vacant rather than bring in temporary partners to replace Sportingbet, following Brazil’s ban on fixed-odds betting advertising.

Club president Leila Pereira said the decision would remain in place while Provisional Measure 1,394/2026 is in force. 

Palmeiras trained without Sportingbet’s logo after the restrictions took effect, although Pereira confirmed the club had already received the payments agreed for the current season.

The sponsorship agreement began in January 2025 and runs until December 2027. Pereira argued that existing contracts should be respected, despite the abrupt introduction of the government’s measure.

“It was a very abrupt decision by the Government; we had contracts in progress. It caught all the clubs by surprise, and the amount is extremely significant,” Pereira said in an interview. “Contracts need to be fulfilled, also for the sake of our credibility.”

She said Palmeiras would not pursue short-term sponsorships in the vacant space. If the ban remains in place, the club will discuss how to end the agreement amicably and professionally.

The decision contrasts with other Brazilian clubs that have sought temporary commercial partners to replace betting brands. Corinthians, for example, featured Shopee on its shirt in the space previously occupied by Esportes da Sorte during the Derby against Palmeiras.

Palmeiras is among the clubs that have publicly opposed the prohibition.

The three main São Paulo clubs together receive an estimated BR350m ($68.6m) annually in fixed revenue from their main shirt sponsorships, illustrating the scale of the commercial exposure.

Congressman and former Flamengo Vice-President Marcos Braz has submitted six amendments to the provisional measure, including a proposal to give football clubs up to two years to transition away from betting sponsorships.

Good to know

Fourteen of Brazil’s 20 Série A clubs had betting companies as their main shirt sponsors, with those deals generating more than BR1bn in 2025, equivalent to around 34% of the clubs’ commercial revenue

Reaction Board

Set Global Gaming Insider to be your preferred search result

News Analysis

View All
casumo ceo brazil interview

Casumo CEO on Brazil: Our industry advertises like there is no future

Casumo CEO Francesco Postiglione was quick to react when Brazil's online betting ban was announced. Below, he joins us as the first guest in a series of exclusive interviews on the Brazilian market.

3 min read • • By Tim Poole
Quantum casinos: Science fiction or reality?

Quantum casinos: Science fiction or reality?

New advances in the world of quantum computing may lead to a fairer and safer way to gamble.

5 min read • • By Patrick Fasolis
tribal-predict

The Tribal sector won’t back down against predictions – but at what cost?

The Oklahoma Indian Gaming Association reiterated its sector’s anti-prediction market stance this week. Yet the Kalshi x Tribal partnerships that sparked the association’s statement paint a vivid picture of fragmentation slicing right through the US gaming ecosystem.

5 min read • • By Will Underwood

In The News

View All
bffr
[SIGNIFICANT IMPORTANCE]

Betfred financials revealed as 2025/26 turnover falls shy of £1bn

The operator’s 52-week report for the period ending 29 March highlights significant financial drops ahead of the UK’s tax levy.

· Legal & Regulatory + 6