Millions of fans attend live events to watch their favourite players on dedicated streaming services today. With digital technology at its core, this brings tech and cyber risks as well as more traditional risks associated with running large-scale events and managing sporting superstars to the fore.
Industry Risk Overview
Widespread redundancies are unfortunately likely to be seen globally across the sector following the pandemic. Countries that are particularly dependent on tourism and as such have been particularly hard hit and are at greater risk of potential civil unrest and anti-government protests regarding their response.
The rapidly growing world of competitive video gaming, in which professional players have moved from the virtual world to also competing in vast arenas, pre-pandemic, often for seven-figure prizes, is captivating global audiences.