News
COB admits budget impact from sports betting ban
Equipe casino24
10/20/2026

Emanuel, COB's director-general, acknowledged that the sports betting ban in Brazil affects the organization's budget. The statement was made on the CNN Esportes S/A program, aired on Sunday (October 18, 2026), on CNN Brasil.
According to CNN Brasil, the executive stated that «nesse momento, a gente tinha programado uma parte do orçamento com recursos que vêm das bets». BNLData, which previewed the interview's content, reports that Emanuel acknowledged that part of the planned funding depended on resources from betting operators and that the change affects not only football but various sports.
Preparation for Los Angeles 2028 and dialogue with the government
Yogonet covered the interview and adds that the situation raises concerns about funding for Brazilian Olympic sports, especially amid preparations for the Los Angeles 2028 Olympic Games. According to the publication, the effects of the measure are not limited to football and may reach different sports.
Emanuel stated to CNN Brasil: «Estamos abertos para fazer esse entendimento, conversar com o universo público sobre o que podemos fazer para mitigar essas dificuldades que as entidades estão tendo». Yogonet confirms that the organization made itself available to engage in dialogue with public authorities and seek alternatives to reduce financial losses. None of the sources detail which concrete proposals are under discussion.
Pending information
- Emanuel is an Olympic beach volleyball champion.
- CNN Esportes S/A aired at 9:15 p.m. (Brasília time), with simultaneous streaming on the CNN Esportes YouTube channel.
- Yogonet's coverage cites BNLData's report as a reference.