A study commissioned by UOL estimates that Brazil's betting ban could reduce recurring revenue at the country's most exposed top-flight football clubs by as much as 26% if sponsorship and stadium-advertising income disappears for a full year. Economist Cesar Grafietti based the model on club financial data from the Convocados report.
The UOL analysis estimates Flamengo would lose BRL334.5 million, reducing recurring revenue from BRL1.3 billion to BRL967.2 million. It projects declines of BRL198 million for Corinthians and BRL163 million for Palmeiras, equal to 23% and 22% of recurring revenue respectively.
A second scenario assumes the ban lasts only from October through December 2026. Under that shorter period, the model puts the annual revenue reduction at about 6% for Flamengo, Corinthians and Palmeiras, with smaller effects for seven other Série A clubs. The figures are estimates rather than reported losses and exclude less predictable transfer income and 2025 Club World Cup prizes.
The legal position remains unsettled. Folha reported that Supreme Court justice Luiz Fux kept the ban in force while calling a November 3 public hearing with government, betting-sector and football representatives. Congress also retains a role in determining the provisional measure's future.
