A Different Perspective on the ICC World Cup 2023: Beyond the Boundaries
In the ICC World Cup 2023, India faced a setback despite being the favorites. In 10 games, no team came close to matching their standards in all cricket departments. However, the 11th game wasn’t their day, and the team that played better on that specific day clinched the World Cup. Congratulations Team Australia.
Now, when I say no one lost, believe me, let’s discuss all the major stakeholders.
1. Broadcaster’s Triumph:
Star Network, including Disney Hotstar, witnessed an astounding 5.4 to 5.5 crore people watching the World Cup semifinal on a single platform. This surge in viewership translated into substantial advertising revenue, creating significant financial gains.
Source: The Economic Times
https://t.ly/XjRRM
2. BCCI’s Financial Gala:
The Board of Control for Cricket in India (BCCI) organized a financial extravaganza, earning over $2.6 billion. This includes broadcasting rights, travel, merchandise, event management, screenings, food delivery, and ticket sales. The indirect infusion of money, not yet calculated, makes it a substantial economic boost.
Source: The Cricket Lounge
https://t.ly/KUJiT
3. Government’s Economic and Political Upsurge:
With a massive infusion of money during the World Cup, the government experiences a substantial economic boost. Beyond tax revenues, this windfall contributes to PR, politics, advertising, and infrastructural development in key cities.
Source: Al Jazeera
https://t.ly/kAfwf
4. Sponsors and Investors’ Return on Investment:
Sponsors and investors found immense joy in backing the dominant home team. With eyeballs, engagement, and sales soaring, the return on investment during this cricket extravaganza was unparalleled.
Source: The Hindu Business Line
https://t.ly/j_oWl
5. Betting Bonanza:
Legal and illegal betting markets thrived during the World Cup. With Dream 11 as the main sponsor and a legal market worth a staggering 70,000 crores, with govt increasing GST to 28% the betting industry along with Govt. emerged as a major winner.
Source: Times Now
https://t.ly/GgVoq
CONSPIRACY THEORY ALERT - If India would have won, some of them would have lost with odds favouring India by 70%.
Sarcasm Alert!
So, STOP CRYING! … no body lost expect few passionate, hard working players and staff, some hard earned money of middle class and broken heart of few billion Indians.
Conclusion:
While cricket enthusiasts may feel the sting of defeat on the field, the larger perspective unveils numerous victors. Let’s align ourselves with those who have faced setbacks (The Team & Fans) and stand in solidarity with them during this period.
In the ICC World Cup 2023, India faced a setback despite being the favorites. In 10 games, no team came close to matching their standards in all cricket departments. However, the 11th game wasn’t their day, and the team that played better on that specific day clinched the World Cup. Congratulations Team Australia.
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