🇧🇷 Brazil Eyes Ban on Bookmaker Ads & Sponsorship

The Brazilian Senate's Committee on Science and Technology has green-lighted a bill to ban advertising and sponsorship by bookmakers 🎯. This legislation moves next to the Committee on Constitution and Justice, aiming to curb betting ads on TV, radio, and online platforms. Sports clubs, tournaments, and events would also lose bookmaker sponsorships under this act, marking a major shift for the industry's role in Brazilian culture ⚽. Moreover, a stern prohibition on betting on political events adds another layer of regulation 📜. For violations, companies could face heavy fines or even suspension 🎙️.