Weekly Tennis News for December 23rd
For readers with a busy lifestyle and those requiring processed information on the latest stories in Tennis, you’ve come to the right place. This week saw no shortage of information, with two stories making headlines worldwide. The first revolved around the Australian Open and how its cash prize increased to $49 million. Melbourne officials provided details on the upcoming 2020 Australian Open, which raised 14% in funds from ticket sales and advertising. Organizers noted that $71 million was earned, with the Australian Open officials earning $22 million. Subsequently, this marks the biggest prize pool in tennis history.
The stars behind this sport haven’t always supported this incredible payday, with Novak Djokovic often distancing himself. Novak has requested fans through various media representatives that they began revolting against the way Grand Slam revenues are disbursed amongst the stars. He believes these funds could be put towards better use, with some others following his mentality. However, most of the athletes in Tennis have taken the opposite road and requested increased prize pools.
The Director for the Australian Open mentioned how they’re continually improving the payment conditions for international tennis players, with Craig pointing out that payments increased by 3x their previous valuations in 2007. It should be noted that the $49 million prize pool doesn’t go to a singular individual and that it is spread out amongst numerous competitors. This includes Doubles and Singles in the Women’s or Men’s competition. Anybody in the league wanting to compete for the prize pool must register before January 20th and be within the top one hundred.
The Betting Problems
Reports which were released last year from the International Review Panel are slated to address the numerous integrity issues related to online betting amongst the athletes. Last year various Tennis Stars broke the law by influencing future wagers, often allowing themselves to be defeated for increased funds. That’s why the association has begun expanding the payment revenue, which was recommended by the IRP. Corruption should be lowered in the International Tennis Federation, which also plans to implement their various measures to reduce illegal betting.
Readers considering betting on the upcoming event cannot have any affiliation with the 100 top players in the league. Official partnered sites like Bet365 and Paddy Power will report accounts found of having inside knowledge. This is one of the federations methods towards limiting corruption in International Tennis.