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Wimbledon Announces Increase in Prize Money.

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Wimbledon Championships.

Wimbledon Championships.


The All England Club announced on Tuesday a staggering increase of $9.9 million (£6.5 million) in the total prize money for the winner of the Wimbledon Grand Slam.
The club calls the 40% increase the largest single increase and the biggest total prize fund in the history of professional tennis.
The total prize money for this year’s Grand Slam event will be $34.4 million (£22.6 million), with the men’s and women’s singles champions each pocketing $2.4 million (£1.6 million). Rodger Federer and Serena Williams each received $1.75 million (£1.15 million) for last year.
“These are significant increases and we have made them because we wanted to and not because we had to,” All England Club chairman Philip Brook told reporters at the news conference on Tuesday.
Meanwhile, the club said it intends to have a roof installed over Court No. 1 in time for the 2019 tournament. A retractable roof has been in place on the Centre Court since 2009 to cope with the rain delays that have affected Wimbledon.
“The design process will take two years and then, in view of the fact that the Centre Court Roof took three years to construct, we are looking at 2019 for it to be working.”
On the financial justifications of a prize money increase at a time when many people struggled to afford tickets for the tournament due to a harsh economic climate, Brook said Wimbledon had to compete with other major sporting events.
“I know the economic climate is difficult, I accept that, but the world that we live in is a world where we are competing with other international tennis events and we also keep an eye on what is happening in other sports.
“We do think that this was a moment in time when we could respond to subject that has been spoken about a lot over the last 18 months and we have chosen to make these increase this year because we feel it’s the right thing to do, “Brook said.
The top gainers of the prize money increase will be players who lose in the early rounds or in qualifying of the grass- court championships.
“We started last year focusing the prize- money increases on those that lose in the early rounds or qualifying,” Brook told Reuters. “These are not players who are superstars (but) players who are finding their way and not making a lot of money.”
Prize money will go up 60% for singles players who lose in the first three rounds. The purse for qualifying is going up by 41%.
Doubles players will receive a 22% increase in prize money.
The Grand Slam will begin June 24 and end July 7.

Football

Football Legend, Diego Maradona Dies At 60 Following Heart Attack

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BREAKING: Football Legend, Diego Maradona Dies At 60 Following Heart Attack

Diego Maradona

Argentina and Napoli legend, Diego Maradona has passed away at the age of 60 following a heart attack.

The Gimnasia coach had been hospitalised at the start of November, days after celebrating the landmark birthday, after complaining of low spirits and fatigue.

Recall that some weeks ago, it was reported that the football legend had a blood clot on the brain, which doctors later revealed was operated on successfully.

Also Read: Manchester City Could Offer Barcelona Star, Lionel Messi A Pre-contract In January

Two weeks after being discharged from the hospital and recovering at home, he reportedly suffered a cardiac arrest on Wednesday morning.

The Argentine national team’s official Twitter account confirmed the news on Wednesday.

https://twitter.com/Argentina/status/1331637593457520642

 

 

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Betting

The Contribution of Sports Betting to the Economy of Nigeria

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Most of us have grown up with gambling lore that left us petrified to our core. Gambling ruins lives, gives rise to financial and legal problems.

This is all that we have grown up learning. However, this is only partly true and must not be taken too seriously. Sure, gambling has its disadvantages and evils.

However, the activity, in its entirety, is not addictive. It is what humans make out of it. Human beings give up self-control and spiral into a bottomless pit of despair due to that.

Gambling, when indulged in appropriately, does no harm. In fact, it is one of the biggest industries and contributes significantly to the global economy.

The moot point of this article is to have a look at the betting industry of Nigeria. While we do that, we shall also examine how much the industry contributes to the economy of the nation.

Therefore, let us now have a look at the industry and venture a few important points throughout
the article.

How Does the Betting Industry of Nigeria Look Like?

The gambling industry of Nigeria resides in the areas of gray. One cannot look at it in either black or white.

Gambling activities are considered illegal in Nigeria, with the exception of a few. And betting on sports happens to be one of those exceptions.

Online gambling in Nigeria is allowed only on offshore-owned and operated casinos. Locally operated casinos are not allowed to function in the land.

Now speaking of betting, one must note that the betting industry happens to be a key player in Nigeria’s economy. There are over fifty functional and legal betting sites in Nigeria.

As we mentioned before, betting is entirely legal, unlike online gambling. All those who want to gamble on sites like Usafriendlypokersites.com can do so with the use of VPNs.

Nigerians are incredibly passionate as a people about their sports. That is why the idea of making money by betting on their favorite sports has a lot of appeal.

With about 200 million people in the country, the betting industry has found a solid footing in the market. It has been estimated that over the last few decades, Nigeria has grown to become the second-largest betting market in South Africa.

Over 60 million people find entertainment through online betting sites in South Africa. Therefore, one can understand, going by the statistics that Nigeria has evolved over the last few years when it comes to betting.

Reasons for this Massive Growth in the Popularity of Online Betting:

One of the primary reasons for this massive popularity in online betting is the increase in technological innovations.

Nigeria, over the past few years, has seen technological expansion and super-fast connectivity. Almost everyone has access to smartphones now.

This is what makes it so easy for people of every age group to bet online. The constraints that the nation had in technology and connectivity are no longer an issue.

It is estimated that in the next few years, the country shall see more such innovations and expansion. This will, therefore, act further as a catalyst to the growth of the online betting industry.

The Government is Now Tightening the Noose around Online Betting to Raise Revenue:

As we already mentioned a few times before that Nigeria had strict laws related to online gambling.

The government also did not pay much attention to the betting industry. However, things have changed now and shall change further down the line.

The Nigerian government is now formulating some strict laws so that it could pull the revenue from betting into the coffers.

This is also one of the most significant reasons for the growth in Nigeria’s economy. Online betting is a lucrative industry, and we can already deduce that from we discussed.

With the government paying more attention to the industry, crime rates can be reduced, and better revenue can be raised.

If anything, the involvement of the Nigerian government shall only serve as a fresh change. Plus, with a better structure in the betting industry, more people can find jobs and livelihood.

Wrapping It Up:

We can see how the online betting industry of Nigeria has become one of the chief contributors
to its economy.

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Betting

Sporty.com – The Ultimate App For Sports Fans!

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For all those sports fans out there who are tired of following sports news that you do not find relevant, Sporty Group has come out with the perfect solution to this problem – Sporty.com is the ultimate sports app for all sports fans! Sporty gives access to the world’s best sports content with zero cost and zero ads. The app is available on the Google Play Store for free. Fans around the world can access the latest sports news on their handheld devices anytime and get live updates on matches.

Sporty.com offers a lot of features that can be leveraged by those who are sports enthusiasts. Here are the standout features of the newly launched application that has access to the world’s best sports content. 

  • Latest Sports News (SportyNews)

Get access to all the hot articles and video news in the world of sport at the tip of your fingers through Sporty. This news can be completely customized as per one’s liking. Pick your favourite sports, leagues and teams, all in one place, to be the first to know everything or just pick the option of “Popular” news. 

  • Live Scores and Exclusive Videos (SportyTV)

Sporty.com provides live scores of all the sports around the world, including an additional choice where one can filter out scores of just their favourites, whether it would be league scores or team scores. 

  • Game Stats (SportyLive)

Analyze every game in detail through this feature on Sporty. Get the most comprehensive data on any match through the app with match facts, team line-ups, minute-by-minute analysis and tracking, competition trees, live league tables and formations.

  • Chat System (SportyChat)

Chat and share sports talk on Sporty with other users and friends! An incredibly unique feature on offer indeed, which can help you stay updated and also share banter with friends on the go.

Get Sporty, Live Sporty as you Follow, Like, Share, Watch & Chat on Sporty.com!

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