{"id":137562,"date":"2024-01-24T10:10:43","date_gmt":"2024-01-24T13:10:43","guid":{"rendered":"https:\/\/igamingbrazil.com\/uncategorized\/2024\/01\/24\/sponsorship-from-bookmakers-is-increasing\/"},"modified":"2024-01-24T10:13:33","modified_gmt":"2024-01-24T13:13:33","slug":"sponsorship-from-bookmakers-is-increasing","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/bookmakers\/2024\/01\/24\/sponsorship-from-bookmakers-is-increasing\/","title":{"rendered":"Sponsorship from bookmakers is increasing"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Brazilian online betting market is heating up the football market again. <strong><a href=\"https:\/\/igamingbrazil.com\/en\/bookmakers\/2024\/01\/18\/vaidebet-does-not-pass-corinthians-compliance\/\">Corinthians<\/a>, <a href=\"https:\/\/igamingbrazil.com\/en\/esportes-da-sorte-en\/2024\/01\/22\/sponsor-of-palestrinas-esportes-da-sorte-intends-to-close-with-palmeiras-men\/\">Palmeiras<\/a>, Flamengo and S\u00e3o Paulo<\/strong> announce million-dollar deals from<strong> bookmakers<\/strong>, generating widespread interest among Series A teams. However, the boom requires caution precisely because of the announced values.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Medium-sized clubs may suffer, with a \u201cnatural selection\u201d in sponsorship. The warning to clubs is to carefully evaluate the proposals, considering the companies&#8217; background and financial capacity to support the new agreements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bernardo Pontes<\/strong>&#8216; article for <strong><a href=\"https:\/\/maquinadoesporte.com.br\/analise\/essa-conta-pode-nao-fechar\/\">M\u00e1quina do Esporte<\/a><\/strong> addresses this context, highlighting that there is a <strong>concentration<\/strong> of these large agreements only with the main clubs in the country. Check out the text below:<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Bookmaker\u00b4s sponsorship generates millions<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">On January 7th,<strong> Corinthians<\/strong> announced a R$120 million sponsorship with <strong>VaideBet<\/strong>. Last week, <strong>Palmeiras<\/strong> announced a master agreement for women&#8217;s football worth around R$18 million with<strong> Esportes da Sorte<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the end of last year, <strong>Flamengo<\/strong> had already signaled <strong>Pixbet<\/strong>&#8216;s transition to the master space worth R$85 million. And the officialization of <strong>S\u00e3o Paulo<\/strong> with <strong>Superbet<\/strong> is added to the list.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This change in the property values \u200b\u200bof uniforms affects the entire ecosystem of football clubs, after all, no club wants to be left behind in this race for large checks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the week following Corinthians&#8217; announcement, most of the Serie A clubs contacted my agency, Alob Sports, to find out if we were interested in presenting a betting brand to take the place of our current partner.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This current partner recently announced the biggest sponsorship deal in the history of these clubs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This boom generates expectations in practically all clubs to recover their contracts, whether with the current partner or even with a new partner. But note that these clubs that made a big leap have one fundamental characteristic in common: national presence.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fans spread across Brazil, potential for impact, engagement and conversion. This makes companies literally bet big.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Money from bookmakers only goes to the big guys<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There is no point in a regional club thinking that its sponsorship, which, before betting brands, was sold for R$5 million, has now received a contract worth R$20 million, and will get a new contract worth R$40 million in this new wave. Will not. <strong>It doesn&#8217;t work like that<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Consider that these companies will very soon have to pay a license fee of R$30 million to be able to operate in the country. I talked about this in my last column.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Furthermore, it is essential that club executives understand that the advertising market will not be able to closely follow this <strong>new pricing<\/strong>. It&#8217;s practically a value table for bets and another for other segments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A few years ago, before the arrival of betting companies, a sleeve sponsorship, for example, corresponded on average to 55% of the value of the master, while for the collarbone region it was 40%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today, this proportion is impossible to apply. <strong>The world of betting has become different from the rest<\/strong>. The club that does not understand this will have difficulty attracting commercial funds. And this will generate a distancing from other segments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Another point that needs to be analyzed very carefully is the fact that medium and small clubs understand that these investments can stabilize or even reduce in the near future.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I foresee the following scenario: most of the companies that sponsor Series B clubs, for example, will not have the financial strength to pay for the license. As a result, they will not be able to showcase their brands in these clubs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Only companies that have passed this point will be <strong>allowed<\/strong> to acquire these assets. The consequence of this is a decrease in the number of companies able to purchase these products. The more supply and less demand, the lower the price.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Hectic scenario at the negotiating tables<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Today, we live exactly the opposite, with rare offers (practically all clubs occupied) and very high demand, newly created companies buying assets to generate leads and trying to sell their bases\/platforms in the future to some company that passes regulation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And it is important that clubs have the discernment and ability to carry out a thorough <strong>background check<\/strong> on each of the proposals that arrive.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Understand where the company operates, how long ago it was created and who the partners are, among other analyses, precisely to understand the real capacity that this company has to<strong> pay for this new agreement<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian online betting market is heating up the football market again. Corinthians, Palmeiras, Flamengo and S\u00e3o Paulo announce million-dollar deals from bookmakers, generating widespread interest among Series A teams. [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":137540,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14873],"tags":[2832,3177,4949,5979,3171,3114,15334],"class_list":["post-137562","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bookmakers","tag-corinthians-en","tag-flamengo-en","tag-licenses","tag-palmeiras-en","tag-regulations","tag-sports-betting-en","tag-vaidebet-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sponsorship from bookmakers is increasing - iGaming Brazil<\/title>\n<meta name=\"description\" content=\"Sponsorships from bookmakers are worth millions, but only for the big clubs. 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