Augusto Melo
VaideBet Signs Record Shirt Sponsorship Deal with Corinthians
Corinthians, the Brazilian soccer giants, have become the latest club to join the sports betting wave in the country by signing a record shirt sponsorship deal with VaideBet.
The three-year agreement will be worth a total of R$370 million ($75.9 million), or R$120 million per year, which is claimed to be the biggest sponsorship deal in the history of Brazilian soccer.
This usurps the record set just last week by Flamengo who agreed a two-year deal with betting platform Pixbet worth R$85 million annually.
VaideBet’s agreement with Corinthians will cover the men’s and women’s teams, as well as the club’s basketball and futsal sides.
New Corinthians president Augusto Melo, who was appointed on January 2, said: “We are very happy to bring Corinthians the biggest sponsorship in the history of Brazilian football, the result of negotiations that began during the campaign.
“We always insist that Corinthians has the biggest brand in South American football and one of the biggest in the world. So I insist: no one can think small at this club. Little by little we will recover credibility.”
-
Latin America7 days ago
Paysafe strengthens US iGaming solution with Pay by Bank launch
-
Gambling in the USA7 days ago
Kambi Group plc extends Mohegan partnership with on-property sports betting agreement in Pennsylvania
-
Clark County6 days ago
Clark County residents can bring a friend for free to next week’s Super Bingo $160,000 tournament at the Plaza Hotel & Casino, May 6-8
-
Meridianbet6 days ago
Meridianbet to Offer Extensive Betting Options for the Kentucky Derby 2024
-
Industry News6 days ago
Genome and Chilli Partners join forces to revolutionize iGaming affiliate payouts
-
Nasdaq:CHDN5 days ago
Thorpedo Anna Claims the Lilies for the 150th Running of the Longines Kentucky Oaks
-
Angela Bernhard Thomas6 days ago
CAPCOM’S STREET FIGHTERTM 6 GOING TO COLLEGE THIS FALL
-
Baltics3 days ago
GiG continues regulated market expansion growth, with new launch in Estonia