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Sports betting in Brazil will be privatized by the country after the proposed decree by the Ministry of Economy was signed into law in August by President Jair Bolsonaro. Expectation now is that the legalization will be complete and launch in 2024.
Favorite sports among Brazilian bettors 2024\n\n Soccer was by far the most popular sport to bet on in Brazil, according to a survey conducted among gamblers in early 2024. Overall, eight out of ten survey participants in the Latin American country reported betting on that sport.
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Fla Flu (a truncation of Flamengo Fluminense) is an association football match between cross-town rivals Flamengo and Fluminense. Matches take place in the 78,000-seat Maracan Stadium, located near downtown Rio de Janeiro, in the city's Maracan district.
Flamengo has several nicknames Rubro-Negro, Mengo and Fla among them but the most far-reaching is O Mais Querido do Brasil, which translates to The Most Beloved in Brazil.
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