A $60 billion hit on the global sports industry
Sports

A $60 billion hit on the global sports industry

According to David Lampitt, managing director of sports partnerships at Sportradar, the global sports industry will take a massive hit due to the coronavirus pandemic as most of the matches across different sports are either canceled or postponed. “Impact will be felt across the year with an estimated downturn of probably between 50% and 60% on the global sports economy,” “That’s a hit of probably $60 billion globally,” he added

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Fri May 15 - CNBC

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