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05/14/14
Kim: Security, Budget Won't Be Issues

There will be no security or budget problems at the 2018 PyeongChang Winter Olympics, organizers said. POCOG President & CEO Kim Jin-sun told SBD Global that he does not expect to face the same issues that plagued Sochi last winter. Headlines of corruption, budget overruns and security concerns ...

Tags: Events and Attractions, Asia

05/14/14
IPL Final Moved To Chinnaswamy Stadium

The Mumbai Cricket Association got in touch with interim Board of Control for Cricket in India President Sunil Gavaskar on Monday "regarding the reasons for the change in the venue" of the Indian Premier League final from the Wankhede stadium, Mumbai, to the M. Chinnaswamy stadium, Bangalore, accord ...

Tags: Leagues and Governing Bodies, India

05/14/14
FSIF Invests In Smaaash Entertainment

FW Sports Investment Fund LP, a Mauritius-based private equity fund, "acquired a significant minority stake in Mumbai-based Smaaash Entertainment Pvt. Ltd.," according to the Indian BUSINESS STANDARD. This "is the first round of private equity funding into the company." Smaaash's first such spor ...

Tags: Finance, India

05/13/14
PyeongChang Expects $700M From Deals

The organizing committee of the 2018 PyeongChang Winter Games confirmed that the search for domestic sponsorships has been rather slow. However, POCOG President & CEO Kim Jin-sun told SBD Global that he expects sponsorship acquisition for the Games will get into full swing during the second half ...

Tags: Marketing and Sponsorship, Asia

05/12/14
Asian Games May Move To Indonesia

Indonesia "could be in the running to host the 2019 Asian Games after Vietnam earlier stepped down as host," according to Ami Afriatni of the JAKARTA GLOBE. This comes in the wake of a three-day visit by a delegation from the Olympic Council of Asia, led by VP Wei Jizhong, to Jakarta, Bandung, West ...

Tags: Events and Attractions, Asia

05/12/14
Manila Steps In For Bangkok As IPTL Host

The first leg of the inaugural Int'l Premier Tennis League "has been shifted from Bangkok to Manila because of the political unrest in Thailand," according to REUTERS. League founder Mahesh Bhupathi said, “We had to divert from the original franchise owner in Bangkok as the political unrest fo ...

Tags: Leagues and Governing Bodies, Asia

05/09/14
Abdi: BCCI Acting On Srinivasan's Behest

The "turf war" between the suspended Rajasthan Cricket Association and the Board of Control for Cricket in India escalated on Thursday with RCA Deputy President Mehmood Abdi accusing the Board of acting in the most unfair manner to satisfy the "vengeance, hate and prejudicial grudge" carried out by ...

Tags: Leagues and Governing Bodies, India

05/08/14
IPL Franchises' '14 Revenues Down 20%

Though the games in the seventh edition of the Indian Premier League have "lived up to expectations," the eight teams in the tournament "may not see such action in their financials this year," according to Das Gupta & Malvania of the Indian BUSINESS STANDARD. Industry professionals said that the ...

Tags: Finance, India

05/08/14
Incheon Asiad Main Stadium Opens

The main stadium to be used during this year’s Asian Games in Incheon, South Korea opened on Wednesday, "about four months ahead of the start of the multi-sport competition," according to YONHAP. The Incheon Asiad Main Stadium "will host the opening and closing ceremonies, as well as athletics ...

Tags: Facilities, Asia

05/08/14
Wankhede Stadium May Lose IPL Final

The "final" word on the Indian Premier League "is not yet out," according to Vijay Tagore of the MUMBAI MIRROR. The Board of Control for Cricket in India is "contemplating moving the two play-off matches," allotted to the Wankhede, out of the stadium. The Mumbai Cricket Association, the owner of th ...

Tags: Events and Attractions, India

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