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Cricket Is A Business in India

Postby JASPREET » 14 Apr 2022, 09:38

Cricket although is a Game/ Sports more popular in South East Asia, UK, Australia, Africa and some other major countries in the world but it's more like a Business in India because in India Cricket is #1 and most popular so the market is Big and everything that is connected to Cricket is a Hit like Sports channels etc. There is even an exclusive app that only provide details about Cricket " Cricbuzz" and is so popular and even started it's paid membership for those that like to get In depth details and exclusive content.
Is there any Sports which is like a business in your country?
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Re: Cricket Is A Business in India

Postby skysnap » 15 Apr 2022, 11:58

Sports is business everywhere. in america every sport is a business. there is nothing wrong with that. I think most of the sports are designed to be a business behind entertainment.
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Re: Cricket Is A Business in India

Postby Vehlijanta » 15 Apr 2022, 15:45

After Government has allowed sports betting it has become even a bigger business and Governments one of the bigger source of revenue.
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Re: Cricket Is A Business in India

Postby ptrikha21 » 16 Apr 2022, 05:05

I think you mistyped :
It should be South Asia, not South East Asia.

Well, the Indian Cricket board is the richest cricket board in the world and even provides funds for other sports like Badminton, Athletics etc.- which is a good thing.
The biggest money earner is IPL, for which the future sponsorship and TV / Net Streaming rights would give a big money boost to BCCI, as per some news.
I check out cricinfo.com, cricbuzz for updates but Times of India sports section is also fine for me.

Coming back to Sports as Business, I think we can say :

Sports : Business in <countryname>

Football: England : remember EPL

Baseball and Basketball: US

Rugby : New Zealand

Football: Madness in Brazil and Argentina

And well the list can go on.

--- 16 Apr 2022, 10:40 ---

Vehlijanta wrote:After Government has allowed sports betting it has become even a bigger business and Governments one of the bigger source of revenue.


Does that means Sports Betting is legal in India?
But well, only high risk takers would try it.
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Re: Cricket Is A Business in India

Postby JASPREET » 16 Apr 2022, 07:44

Thanks for finding that mistake @ptrikha31, yes I mean South Asia and we can proudly boast that in Asia it's India that's the biggest market for sports especially Cricket but there are other sports that are gaining popularity is Hockey , football and Kabaddi
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Re: Cricket Is A Business in India

Postby ptrikha21 » 16 Apr 2022, 18:21

JASPREET wrote:Thanks for finding that mistake @ptrikha31, yes I mean South Asia and we can proudly boast that in Asia it's India that's the biggest market for sports especially Cricket but there are other sports that are gaining popularity is Hockey , football and Kabaddi


Yes, the Bronze medal in Hockey would lead to a resurgence in its popularity.
Plus in Javelin Throw and Athletics as well.
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Re: Cricket Is A Business in India

Postby Tendz » 17 Apr 2022, 07:58

Nowadays, the game of cricket is more of a business than a sport. You can see how it's being advertised, you can watch them in every channel regularly.
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Re: Cricket Is A Business in India

Postby RRR5 » 17 Apr 2022, 08:25

It's better if you say cricket is business of sports rather than cricket is a business. And business in sports not a negative thing it's better for that sports growth or most of all approx each and every country had their sports business.
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Re: Cricket Is A Business in India

Postby JASPREET » 18 Apr 2022, 04:25

That has helped India in becoming a Superpower in Cricket to a level that it can amend the dates and venues of the matches even the time as per it's requirements
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Re: Cricket Is A Business in India

Postby ptrikha21 » 23 Apr 2022, 16:14

JASPREET wrote:That has helped India in becoming a Superpower in Cricket to a level that it can amend the dates and venues of the matches even the time as per it's requirements


Yes a big influence on the whole cricketing calendar although I sometimes feel that IPL should have been held once in two years as there are now too many IPL matches.
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Re: Cricket Is A Business in India

Postby augusta » 24 Apr 2022, 04:03

skysnap wrote:Sports is business everywhere. in america every sport is a business. there is nothing wrong with that. I think most of the sports are designed to be a business behind entertainment.


I agree with you maybe before now sporting events were for mere entertainment but they are not now they are for pure business because the team and crew needs to paid, so it becomes business that needs sponsorship
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Re: Cricket Is A Business in India

Postby Vehlijanta » 24 Apr 2022, 15:20

I agree sports is a business everywhere just the difference is Cricket is most popular in India and in other parts Football or Basketball is popular and regulating bodies like Indian cricket board in this case are making merry all the time.
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Re: Cricket Is A Business in India

Postby skysnap » 25 Apr 2022, 08:25

augusta wrote:I agree with you maybe before now sporting events were for mere entertainment but they are not now they are for pure business because the team and crew needs to paid, so it becomes business that needs sponsorship


Sports niche also has a lot of sponsors too. I suppose with enough time and patience one can establish the business with content too.
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Re: Cricket Is A Business in India

Postby Dora Wi » 25 Apr 2022, 09:57

This is interesting, I didn't know cricket was that big in India.
All in all, though, I agree with the commenters who say sport is a business everywhere. Players, teams and broadcasting rights are all treated like commodities around the world, and sponsors and betting agencies are present in almost all kinds of sport.
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Re: Cricket Is A Business in India

Postby Vehlijanta » 25 Apr 2022, 16:11

Dora Wi wrote:This is interesting, I didn't know cricket was that big in India.
All in all, though, I agree with the commenters who say sport is a business everywhere. Players, teams and broadcasting rights are all treated like commodities around the world, and sponsors and betting agencies are present in almost all kinds of sport.


Indian cricket board sells the broadcast rights at record high price always and they are trend setters for the other countries.
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Re: Cricket Is A Business in India

Postby Shavkat » 04 Nov 2022, 13:02

In my country Philippines, some Filipinos bet who will gonna win in every match, such basketball, billiard, boxing, and the like. I also heard that some of these games can be gambled online now.
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Re: Cricket Is A Business in India

Postby Vehlijanta » 04 Nov 2022, 14:19

It's happening in every country now and large number of population is into betting including myself :lol:
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Re: Cricket Is A Business in India

Postby Emmaojo » 04 Nov 2022, 16:20

Every sport is a business in my country because I have sent a lot of them making money through us. To watch any sport on my country you have to pay at viewing centers.
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Re: Cricket Is A Business in India

Postby JASPREET » 05 Nov 2022, 09:48

In India cricket is the most popular so its a business so if you in any way connected with this game then you are assured of making good money
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Re: Cricket Is A Business in India

Postby Yugocean » 05 Nov 2022, 10:04

FTX is also sponsoring Cricket, it wants to enter playing countries.
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