Fluminense speaks out after government decision on betting

Club acknowledges debate on betting but warns of financial impacts and requests a transition period

Fluminense speaks out after government decision on betting

TL;DR

  • Fluminense has issued a statement in response to the federal government's ban on sports betting and online games, which is set to take effect on October 6th.
  • The club acknowledges the concerns related to gambling addiction and indebtedness but stresses the importance of considering the economic impacts of the ban.
  • Fluminense points to legal security issues for existing contracts and the risk of driving users to unregulated platforms, potentially increasing the black market.
  • The statement highlights that revenue from betting helps fund youth categories, women's football, and Olympic sports, as well as generating public taxes for various sectors.
  • The club proposes a transition period for the sector's changes and insists that decisions should be based on concrete data and effective solutions.