Tag

Sporting Events

All articles tagged with #sporting events

business1 year ago

"China's Beer Market Booms with High-End Shift"

China's beer market, the world's largest, is set for a recovery in the second half of the year, driven by premium offerings and major sporting events like Euro 2024 and the Paris Olympics. Analysts expect higher sales of premium beers and lower costs due to cheaper barley prices, benefiting major breweries like Tsingtao Brewery and China Resources Beer. This trend is part of a global recovery in beer consumption, with companies like Heineken and Carlsberg also reporting growth.

sports2 years ago

Ticket Prices for Sporting Events Skyrocket by 25% Due to 'Funflation'

Ticket prices for sporting events have surged 25.1% in October 2023 compared to the same month last year, according to the Bureau of Labor Statistics. This increase in prices, dubbed "funflation," is driven by consumers' desire to regain the experiences they missed during the pandemic. Dynamic pricing models and attention-grabbing sporting events also contribute to the rise. While some sports have seen significant price growth, tamer inflation and a return to normal entertainment spending patterns may help cool sector-specific growth. However, the rising costs are concerning for fans, with many unable to afford tickets and feeling excluded from the community experience of attending games.

cyber-threat-network-security2 years ago

"Rising Cybersecurity Threats Target Major Sporting Events and Public Spaces"

Microsoft has highlighted the growing cybersecurity concerns for major sporting events, warning that the expanding cyber risk surface poses a threat to stadium operations. The company emphasized that valuable information related to athletic performance, competitive advantage, and personal data is at risk, with hospitals providing critical support and health services being targeted for ransomware attacks. To defend against such attacks, Microsoft recommends disabling unnecessary ports, securing apps and devices, patching point-of-sale devices, implementing logical network segmentations, and configuring systems before events. These efforts are crucial in deterring adversaries from exploiting poorly configured networks within large sporting event environments.