Sport Club Botafogo announced that VBET, an Armenian betting platform, is its new main sponsor after an agreement was reached between the Brazilian football club and the bookmaker. As reported, VBET's sponsorship has become the largest commercial contract in the 130-year history of the team from Rio de Janeiro.
For Thairo Arruda, Botafogo's CEO, this agreement reflects the expansion that both the company and the team are seeking into new markets and represents an important moment for the club and its fans.
"The champion of Brazil and America is joining forces with a global company that believes in the work of the Club and its legacy. VBET arrives to join forces and brings the necessary momentum to Botafogo, which will continue its path to the pinnacle of Brazilian and world soccer," he commented.
Para vencer, precisamos continuar nos reinventando! 🐍⭐
— Botafogo F.R. (@Botafogo) January 6, 2025
É por isso que agora estamos fechados com a @vbet_brasil , a nova patrocinadora máster do BOTAFOGO. ✌🏽
Pode apostar que esse é o início de mais uma parceria vitoriosa em nossa história! 🤝🏾
Aposte com responsabilidade!… pic.twitter.com/hziaCVYyUy
For his part, Ruben Tovmasyan, CEO of VBET Brazil, said the partnership is an important milestone for the company, as it demonstrates "its dedication to growth and ambitious plans in Brazil."
"The 'V' in VBET stands for 'victory' and we are proud to partner with a club that has achieved so much success in its history. With our commitment to regulatory compliance in Brazil, we look forward to delivering an exceptional experience to soccer fans, with a focus on security, reliability, and innovation," he added.
VBET has supported teams from all over the world, such as Monaco (France), Arsenal (England), Nice (France), Dynamo Kyiv (Ukraine) and the National Teams of Argentina, Ukraine and Malta. It recently obtained a full license to operate in Brazil through its new platform vbet.bet.br.