Sporting Financial News

EA Sports has announced that more than 10,000 athletes have accepted its offer to have their likeness featured in its upcoming college football video game

For shorter games like rummy and poker, companies are trying out curbs on withdrawal of deposits to avoid being hit by repetitive taxation, as GST is levied every time a new deposit is made. For fantasy sports where the play duration runs into hours and a huge number of users participate, they are tinkering with the win percentage.

Zee Entertainment Enterprises has come out with competitively priced packages for advertisements during the Indian Premier League (IPL) season, according to a senior executive, a move seen making it easier for brands that find IPL TV broadcaster Disney Star's rates prohibitive. The packages offered by Zee Entertainment — which has more than 17% share in TV viewership — will allow brands to reach audiences at scale with lower outlays during the IPL period. The rates of Zee's prime-time advertisement packages range from ₹16 crore to ₹35 crore, according to Ashish Sehgal, the company's chief growth officer, ad sales. In comparison, rival Disney Star's IPL packages are priced between ₹83 crore and ₹167 crore. Disney Star is also looking to broaden its IPL advertiser base by offering customised packages. Sehgal said the company has multiple advertisement packages for the IPL period for the varied marketing objectives of advertisers. Sehgal said the company has devised an eight-week plan for brands that wish to outshout their competitors during the IPL. It has shorter duration four- and six-week plans.

B Sai Praneeth on Monday announced his retirement from international badminton, bringing down curtains on a successful career during which he won the Singapore Open and also represented India at the Tokyo Olympics. The 31-year-old from Hyderabad decided to hang his boost after battling nagging injuries since the Tokyo Games. «With a mix of emotions, I pen down these words to bid farewell and announce my retirement from the sport that has been my lifeblood for over 24 years,» he posted on his Instagram account. «Today, as I embark on a new chapter, I find myself overwhelmed with gratitude for the journey that brought me here.

Kolkata Knight Riders as their mentor in the forthcoming Indian Premier League season, Gautam Gambhir has made it abundantly evident to the team that this is a competition about more than just Bollywood and post-partying; rather, he means business on the pitch. According to Gambhir, the Indian Premier competition is the «toughest league in the world» and offers young players a fantastic chance to establish themselves on the biggest platform. The former India opener, who led KKR to two title triumphs in 2012 and 2014 as skipper, returns to the franchise after a two-year stint as the mentor of Lucknow Super Giants.

Udhayanidhi Stalin has ‘abused his rights’, the Supreme Court on Monday slammed Tamil Nadu Sports Minister and DMK leader over his comments on 'Sanatana Dharma' and said that he should refrain from such comments as he is "not a layman but a minister". Stalin has approached the apex court, seeking the consolidation of multiple FIRs registered against him in various states for his remarks. Represented by senior advocate Abhishek Manu Singhvi, Stalin requested the court to merge FIRs from Uttar Pradesh, Karnataka, Bihar, Jammu and Kashmir, and Maharashtra.

₹497) and the most expensive ticket for the India vs Pakistan encounter was priced at $400 ( ₹33148) without taxes. However, the price of these tickets have gone over ₹1 crore on reselling websites like StubHub and SeatGeek, rivaling the prices of other major sporting events in the US like NBA or Major League Baseball.

cricket only. "I made it very clear on Day 1 that IPL, for me, is serious cricket. It's not about Bollywood, it's not about you, it's not about after party and stuff.

The man who launched New Jersey to years of national leadership in internet gambling and sports betting is retiring

SAO PAULO (Reuters) — Japanese auto maker Toyota (NYSE:TM) this month will announce an 11 billion real ($2.2 billion) investment in Brazil, local newspaper O Globo reported on Sunday.

kabaddi. Following the renewal, Sony Sports Network now holds rights to most of the popular football events, excluding the English Premier League (EPL) and FIFA tournaments. Media rights for the 2026 FIFA World Cup is yet to be sold.

Bajrang Punia, Vinesh Phogat, Sakshi Malik and her husband Satyawart Kadian seeking to set aside and declare as illegal the elections held by the Wrestling Federation of India (WFI). The petition by the wrestlers, who were at the forefront of last year's protest at Jantar Mantar here demanding the arrest of former WFI chief Brij Bhushan Sharan Singh for the alleged sexual harassment of seven women grapplers, is listed for hearing before Justice Sachin Datta. The plea contended that the WFI elections, held on December 21, were in blatant violation of Sports Code and sought a direction to the federation to «cease and desist» from undertaking any activity pertaining to the sport of wrestling. «The present Writ Petition is being filed by the Petitioners inter alia assailing, challenging, and seeking directions against the illegal action of the suspended Wrestling Federation of India conducting selection trials for the Senior Asian Wrestling Championships 2024 and Asian Olympic Games Qualifier Wrestling Tournament notified through its circular Dt. 26.02.2024 against the directives of the Ad-Hoc Committee for Wrestling Federation of India,» the petition said.

IPL 2024: “The easy thing would be to walk away, but I want to work hard for the next nine months and come back for another IPL season," were the parting words of legend MS Dhoni, who led Chennai Super Kings (CSK) to its fifth IPL trophy in 2023. Amid all the buzz around his retirement, MS Dhoni refused to give in to pressure and decided to play another season. As the nine months are over and a new IPL season is just weeks away, MS Dhoni's childhood friend dropped a big update on his retirement plans.

Redmi Note 12 4G series, which now starts at ₹10,499 in India. The smartphone, which was launched in March last year, is the second such price cut in less than 3 months and is likely to be a major contender in the top sub- ₹10,000 phones. The Redmi Note 12 4G was launched at a price of ₹14,999 for the 6GB RAM/64GB storage variant and ₹16,999 for the 6GB RAM/128GB storage variant.

cricket. He compared Jurel to MS Dhoni, which caught everyone's attention. This happened when Jurel played really well in the fourth Test against England in Ranchi, Dhoni’s home ground.

Reliance Industries-Walt Disney Company deal to merge Viacom18 and Star India could create a media giant with profitable entertainment, but lossmaking sports and streaming, businesses, a report said. The Star-Viacom18 merger is expected to generate $2.8 billion in revenue and a loss of $200 million before interest, tax, depreciation and amortisation on a pro forma basis in fiscal 2024, Media Partners Asia (MPA) said in a report. The two companies had combined revenue of about ₹25,000 crore in the last fiscal year ended March 31, 2023.

By Probhir Roy Chaudhary

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Anant Ambani and Radhika Merchant's extravagant pre-wedding celebrations continue in Jamnagar, Gujarat, Day 2 promises a blend of wildlife encounters and traditional activities, following the glamorous kick-off. Day 2 Itinerary: A Blend of Wildlife and Tradition The schedule for Day 2, themed «A Walk to the Wild Side» and «A Potpourri of Desi Activities,» offers guests a unique experience. Starting with a visit to the Ambanis' animal rescue and rehabilitation centre, guests are encouraged to dress in «jungle fever» attire, emphasizing the wildlife theme. This visit aligns with the recent announcement by Reliance Industries and Reliance Foundation about the Vantara (Star of the Forest) programme, aimed at aiding injured, abused, and threatened animals.

By Abigail Summerville and Ananya Mariam Rajesh