Home bet365 announces sponsorship deal with huge Brazilian sport stadium

bet365 announces sponsorship deal with huge Brazilian sport stadium

Global online betting company bet365 has announced a sponsorship deal with Allianz Parque, one of the biggest sports stadiums in Brazil.

Home to Series A side Palmeiras, Allianz Parque is now sponsored by bet365, becoming the latest in a long line of sports arenas to be sponsored by the sports betting giant. It will allow the British bookmaker to occupy the sports betting area in the stadium’s media library exclusively, with guaranteed visibility throughout the year.

“The partnership with Allianz Parque is a strategic milestone for bet365 in Brazil. We are proud to associate our brand with one of the most modern and vibrant stadiums in Latin America,” a bet365 spokesperson told SBC News. “The visibility and engagement generated by this partnership are important in consolidating our presence in the country and promoting responsible gaming while offering the Brazilian public a premium sports betting experience.”

As well as having prominent physical banners, bet365 will have various activation opportunities throughout the rest of 25 and a VIP box with room for 36 people for matches and exclusive events.

“The arrival of bet365 as the new sponsor of Allianz Parque reinforces the arena’s positioning as a space that connects relevant brands to high-impact experiences with the public,” added Marcelo Frazão, VP of Entertainment at WTorre, who brokered the deal. “This partnership enhances our value delivery both during games and at the major events we host, promoting innovation, entertainment, and responsibility across all fronts.”

A bright future for bet365 – and sports betting as a whole

Palmeiras is also looking to cement its presence in the ever-growing gambling market in Brazil, with Sportingbet continuing as the lead sponsor for both the men’s and women’s teams. As more legislation makes it easier than ever to bet on sports in Brazil, sports betting is enjoying a particular boom, with new licenses appearing virtually every week. Indeed, more than 2,200 companies have registered with the national regulator since the beginning of the year.

Featured image: Flickr, licensed under CC BY-NC-SA 2.0

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Rachael Davies
Freelance Journalist

Rachael Davies has spent six years reporting on tech and entertainment, writing for publications like the Evening Standard, Huffington Post, Dazed, and more. From niche topics like the latest gaming mods to consumer-faced guides on the latest tech, she puts her MA in Convergent Journalism to work, following avenues guided by a variety of interests. As well as writing, she also has experience in editing as the UK Editor of The Mary Sue , as well as speaking on the important of SEO in journalism at the Student Press Association National Conference. You can find her full portfolio over on…