The sports industry refers to the sector of the economy that encompasses all aspects related to the production, promotion, marketing, and consumption of sports and sporting events. This industry includes professional and amateur sports leagues, teams, and organizations, as well as sports-related services such as event management, broadcasting, sponsorship, merchandising, and athlete representation. It also covers the manufacturing and sale of sports equipment, apparel, and accessories. The sports industry is driven by the passion for athletic competition and recreational activities, generating significant revenue through ticket sales, media rights, endorsements, and merchandise sales. It plays a crucial role in entertainment and culture, influencing societal trends and community engagement.
Sapporo Dome achieves profitability with a projected net income of 24 million yen after a two-year slump. A critical factor in the turnaround is an advertising revenue boost from Daiwa…