BNLData: BTG report gives no figures backing Assaí sales rise after Brazil's betting ban
By The Weekly Edge desk ·
Summary
BNLData reviewed an eight-page BTG Pactual note dated 13 October and found it contains no Q4 sales figures supporting claims that Assaí sales rose after Brazil's betting ban. Betting is mentioned in only two conditional sentences, and BTG says a sustained consumption recovery has not yet materialised. The outlet also notes the ban had been in force for only about a week, and that illegal-site activity reportedly rose roughly sevenfold after the provisional measure.
Why it matters
The BTG note contains no sales figures supporting claims of an Assaí sales rise after the betting ban.