Introduction Betting is prevalent in almost all the sports in the world, with football being the most popular in the betting fraternity. The concept of betting in sports is simple, you predict the winning and losing side of a match ahead of the game with confidence as per your analysis by putting money on the…

BACKGROUND 4 times Indian Premier League (IPL) champions and one of the highest valued Indian Sports entity Chennai Super Kings Limited (CSKL), the owners of Chennai Super Kings (CSK) in the Indian Premier League (IPL), have made their entry into Cricket South Africa’s upcoming T20 League. The league is set to take place in January-February…

1. INTRODUCTIOn Sports clubs selling their stadium’s naming rights to companies for hefty sponsorship money is a common practice in modern sports. While the fans may not always get on board with the idea of renaming their favourite grounds, with the amount of sponsorship money that is involved in the modern game, the clubs in…

Sports, as an industry, has evolved from a form of recreation to a commercialized body and with it has increased a lot of legal as well as ethical issues connected with it. Today the sports industry involves the stakes of not only the players but also the nation and its integrity. However, many times certain…

INTRODUCTION “Smart Contracts” are a critical component of many platforms and applications being built using blockchain or distributed ledger technology.[i] Simply put, smart contracts are lines of code that are stored on a blockchain and automatically execute when predetermined conditions are met.[ii] The benefits of smart contracts are most apparent in business collaborations, in which…

INTRODUCTION The Indian Premier League’s (IPL) Ahmedabad franchise has been sold to CVC Capital Partners (Irelia Company Pte Ltd) for Rs 5625 crore, making it the first international company to do so. Prior to that, Financial Times reported that RedBird Capital Partners, a US investment group founded by former Goldman Sachs executive Gerry Cardinale, had…

Introduction Sports activities are considered to be one of the major driving forces for economic development and are considered to be an essential sector in various economies. The sports sector is famous for the mega sporting events that require proper dedicated sports infrastructure, along with training facilities and sports complexes. These sports events and infrastructure…

The introduction of the new economic policy of liberalization in 1991 which enabled the private sector to exercise Statutory Rights came to be a major concern. The globalization of sports had shifted the focus of legal order to certain International and National sports organization. These Global and National associations would take their own decision which…

I came across a post by Mr Anubhav Roda, a seasoned sports professional, where he has beautifully explained the mechanism followed in the case of payment of Chennai Super Kings’s strike bowler Deepak Chahar’s mammoth league fees despite his absence from play due to injury, in the 2022 season of the Indian Premier League. He…