Overseas betting firms to be banned from sponsoring Brazilian clubs

Tche Tche of Botafogo competes for the ball with Alan Patrick of Internacional (Photo by Wagner Meier/Getty Images)
Tche Tche of Botafogo competes for the ball with Alan Patrick of Internacional (Photo by Wagner Meier/Getty Images)

Betting companies will be prevented from sponsoring sports clubs in Brazil if they do not have an established headquarters in the country, according to a new measure being proposed by the Brazilian Ministry of Finance.

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