Investments

DALLAS, TX: Pickleball, billed as America’s fastest-growing sport, is going after a new frontier - India. The United Pickleball Association (UPA), which was created after a merger between Major League Pickleball and the Professional Pickleball Association in the US last February, and India-based Global Sports have inked a deal to bring the PPA Tour and Major League Pickleball to the country.

As a part of the partnership, the organizations will launch key initiatives to the country, promoting the rapidly-growing sport to a young market. 

Jun 25, 2018 16:06
LONDON: Digital trading cards developer and publisher VirtTrade Ltd has secured a partnership with Formula 1 to join its growing roster of digital initiatives, aimed at providing innovative new methods for fan engagement in the sport.
May 26, 2018 15:05
NEW DELHI: Sudeva International, which ownes and operates Delhi-based football club Sudeva Moonlight FC, a club which played in the I-League second division in 2017, has bought a controlling 85% stake in Spanish fourth division side CD Olimpic de Xativa. 
May 24, 2018 11:05
LONDON: Gambling firm Paddy Power Betfair plc announced Wednesday a definitive agreement to combine its US business (Betfair US) with FanDuel, a leading US daily fantasy sports operator. The move follows a ruling by the US Supreme Court earlier this month overturning a 1992 legislation that banned sports betting in most American states.
May 04, 2018 16:05
LONDON: Formula One has confirmed plans to stage a street race Grand Prix race in downtown Miami in 2019 with a vote scheduled next week by the City of Miami Commission on a proposal to formalize plans for a 10-year deal. A Miami race would be the second in the US, joining the US Grand Prix in Austin, Texas and the the fourth in North America, joining races in Canada and Mexico City.
Apr 23, 2018 13:04
LUSAKA: Staying away from the clay court season of the tennis tour, 20-time Grand Slam winner Roger Federer arrived in Zambia on Sunday to check on his foundation, which operates in the rural parts of Zambia. Federer called on Zambian President Edgar Lungu at State House upon arrival in the southern African nation's capital on Sunday.
Apr 18, 2018 17:04
KOLKATA: Online poker site PokerStars launched in India Tuesday, declaring that over the course of its first week of scheduled tournaments prize pool guarantees on offer would cross Rs 7 million.
Mar 20, 2018 11:03
MUMBAI: The Board of Control for Cricket in India (BCCI) stands to gain Rs 270 million from the divestment of 50 per cent stake in GMR Group’s Indian Premier League franchise Delhi Daredevils (DD), owned by GMR Sports Private Limited (GSPL), to JSW Sports at an enterprise valuation of Rs 11 billion. 
Mar 15, 2018 13:03
LONDON: Dugout and News Corp have revealed plans for the acquisition by the digital football business enterprise of News Corp’s mobile and online platform ballball, which delivers near-live highlights of the world’s leading football leagues and other content to football markets in South-East Asia.
Mar 14, 2018 17:03
SINGAPORE: Chatri Sityodtong, chairman and CEO of ONE Championship, has asserted that the martial arts promotion he founded is on track to achieve the $1 billion valuation milestone within this calendar year.   Sityodtong made his comments while delivering a keynote here Tuesday at Sportel Singapore under the topic: "How ONE Championship became Asia’s largest global sports media property in History".
Mar 13, 2018 11:03
SINGAPORE: ONE Championship has announced that self-made billionaire entrepreneur Saurabh Mittal, founder and chairman of Mission Holdings, has joined ONE Championship and has been appointed vice-chairman and will be responsible for some of the most important strategic initiatives at Asia's largest martial arts promotion.