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National Rugby League Side Gold Coast Titans Fined $263,000 For Salary Cap Breach

Published in SportsBusiness Daily Global on 10 / 24 / 14

National Rugby League side Gold Coast has been fined A$300,000 ($263,000) "and hit with a suspended penalty of four competition points over a salary cap breach in regard to former playmaker Scott Prince," according to the AAP. Prince left the Titans at the end of '12 and the penalty "was issued aft...

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Tags: Leagues and Governing Bodies, Australia

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06/28/12
Euro 2012, Olympics Encourage Spending

Despite difficult economic conditions in Europe, more than one-fifth of the continent’s sports fans said they intended to increase their usual consumer spending this summer during Euro 2012 and the Olympic Games, according to a study released this week by Havas Sports & Entertainment and C ...

Tags: Euro Championships, Olympics, Media, Europe

06/28/12
LOCOG: 80% Of Olympics Tickets Sold

More than 80% of all Olympics tickets, or 7 million, "have now been sold," according to Gordon Farquhar of the BBC. LOCOG said that a million were bought in the last month and several thousand "were yet to be made available." The most tickets remaining were for volleyball, boxing, weightlifting and ...

Tags: Olympics, United Kingdom

06/28/12
YouView Making Debut For London Games

YouView, the "long delayed internet TV service being backed by several of the U.K.’s largest broadcasters and broadband providers," will be revealed next week ahead of the Olympic Games, according to Daniel Thomas of the FINANCIAL TIMES. Boxes are "not expected to be widely available until lat ...

Tags: Media, Olympics, United Kingdom

06/28/12
The Wealthy Win At The Olympics

The “Modeling Olympic Performance” from PricewaterhouseCoopers revealed that the “richest countries win the most medals” at the Olympic Games, according to Olivia Derreumaux of LEFIGARO. For the study, the group used a model that included many economico-political factors incl ...

Tags: Olympics

06/27/12
Olympics Fail To Rally U.K. Consumerism

The majority of Britons are indifferent toward the London Olympics and feel "pessimistic about the U.K.'s economic outlook," according to Ainsley Thomson of the WALL STREET JOURNAL. A new survey from market-research company GfK Group found that 70% of those polled were "indifferent or uninterested" ...

Tags: Olympics, United Kingdom

06/27/12
USA Basketball Logs Official Sponsor

USA Basketball has partnered with 24 Hour Fitness that makes the fitness club an official partner of the USA Basketball Men's and Women's National Teams. The deal marks the second time 24 Hour Fitness has partnered with USA Basketball. As an official sponsor, 24 Hour Fitness will host the tip-off ev ...

Tags: Olympics, North America

06/27/12
Olympic Park McDonald's On High Security

Security surrounding the food supply at four McDonald’s in London's Olympic Park is "at high alert," according to Jacquelin Magnay of the TELEGRAPH. McDonald's Olympic Supply Head Michele Banik-Rake said the level of care surrounding the supply chain of all of the food for the four restaurants ...

Tags: Olympics, United Kingdom

06/27/12
Olympics Notes

The BBC is adding an on-screen device to its Olympics coverage which will allow presenters to "point to graphics and move them around the screen." The device is called Kinetrak and designed by Mammoth Graphics. It will be used for the first time on BBC1 and BBC3 during the Games this summer. BBC L ...

Tags: Olympics, United Kingdom

06/26/12
Saudi Women Allowed To Compete

Saudi Arabia will send female athletes to the Olympics for the first time at the London Games, according to Surk & Wilson of the AP. The Muslim nation is one of three countries which "have never included women in their Olympic teams." Qatar and Brunei are the others. The IOC said that talks have ...

Tags: Olympics, Middle East

06/26/12
Games Most Over Budgeted Since 1996

The London Games are "on course" to be the most over-budget Games in 16 years after organizers "failed to forecast demands for security and private investment," according to Chris Spillane of BLOOMBERG. Researchers from the University of Oxford said that hosting the Games in the British capital is " ...

Tags: Olympics, United Kingdom

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