Sports Industry News
A collection of Sports latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Billionaire Investor Warns Sports Prediction Markets Harm Men
John Arnold, the billionaire energy trader-turned-philanthropist, made his fortune by predicting the direction of markets. Now, he's sounding the alarm on fast-growing prediction markets, saying they're harmful to young men and boys. His concern…
Saudi Arabia and sports: What it owns, how much it has invested, and what now?
The news that Saudi Arabia's Public Investment Fund (PIF) is preparing to withdraw funding from LIV Golf, according to golf industry sources, sent shockwaves through the sport. The rebel league was launched to huge fanfare in 2022 with the aim of…
Country star Luke Combs using his new sports card hobby to benefit charities while on tour
Country music star Luke Combs announced to the world Feb. 5, via X, “I'm just now getting into cards. I feel like this is gonna be really bad.” The next day, he posted, “Appreciate all the love on this new card journey y'all. I…
The Saudi pullback from sports investing shows even the ultra-wealthy are trying to cut costs
No matter where you look, cost-cutting is reshaping the economy. From a consumer perspective, Walmart is dominating peers like Target because shoppers are trading down to lower-cost options. From an employment POV, cost-cutting has resulted in…
Iran footballers granted asylum in Australia vow to continue chasing sporting dream
The two members of the Iran football team who remained in Australia after the Women's Asian Cup are beginning their new lives away from the spotlight, even if their dream is to return to elite football. Fatemeh Pasandideh and Atefeh Ramezanisadeh…
Rosanna Law touts Kai Tak Sports Park as 'game changer' for event-driven economy
As the iconic Hong Kong International Rugby Sevens celebrates its 50th anniversary at Kai Tak Sports Park, Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui has highlighted the event as a cornerstone of the city's 'event economy'…
From The Sports Desk: The $140 million man
A few weeks ago, the Seattle Mariners signed a 20-year-old prospect to a $95 million deal, before he ever played in the majors. Last week, the Pittsburgh Pirates gave Konnor Griffin, a 19-year-old shortstop, a nine-year, $140 million deal, less…
Passion waits where a team sport is played outside
THE Sun's world famous Mystic Meg horoscope column has entertained readers for decades with predictions for their love lives, money and careers. Read on to see what Mystic Meg with Maggie Innes has written in the stars for you today. Your…
Goddess' Apollonia Llewellyn puts on busty display at major sporting event
FANS were left stunned after model Apollonia Llewellyn turned heads with her latest appearance at a major sporting event. The social media star shared a series of snaps from her visit to watch the Los Angeles Dodgers, captioning her Instagram post:…
Swansea City news: Vitor Matos welcomes sporting director plan
Vitor Matos says the appointment of a sporting director will be a positive move for Swansea City – and hopes the new recruit will be given time to 'build for the future'. Swansea are hoping to make an appointment soon as they look to fill…
LIV and let die: golf rebels count cost of Saudi cutbacks and other sports fear worst | Matt Hughes
The reverberations of an unscheduled meeting of LIV Golf executives in New York this week have been felt way beyond their swanky offices in Hudson Yards, on the west side of Manhattan. A slowdown in Saudi Arabia's lavish spending on sport, which is…
Watch Saudis Now Want Sports to Make Money, Clouding LIV Golf's Future
Saudis Now Want Sports to Make Money, Clouding LIV Golf's Future Saudi Arabia's potential reversal on its costly golfing venture is part of a wider pullback on sports investing, as it looks to prioritize returns, rather than cultural influence.
Afghanistan Anti-Doping Programme In Crisis: No Hope For Clean Sport?
Afghanistan's anti-doping programme is in crisis following the Taliban's return, facing a complete breakdown in testing and a lack of resources to combat doping in sport. Afghanistan's anti-doping programme has effectively collapsed since the…
Watch Ariel's Rogers Investing in Women's Sports, 'Orphan Stocks'
Ariel's Rogers Sees Opportunities in Women's Sports, 'Orphan Stocks' Ariel Investments has been expanding its private markets platform through Ariel Alternatives and has jumped into the world of investing in women's sports. Company Chair and co-CEO…
More Than Half of Men Aged 18 to 49 Have Already Fallen Into Online Sports Betting
Can't-miss innovations from the bleeding edge of science and tech Sports betting has seen a massive surge in popularity since a 2018 Supreme Court decision struck down a federal prohibition on it. Ever since, ads for gambling apps and online…
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