A Taylor Swift Moment Is Marred by the Taxman
India’s online-gaming venues are under threat just when hosting the Cricket World Cup promises a $1 billion bounty for the economy.
Spectator sport.
Photographer: NOAH SEELAM/AFP via Getty Images
The once-in-four-years Cricket World Cup began in India last week, with economists and stock-market pundits showing more enthusiasm for the contest than spectators.
Empty seats during the inaugural match in Ahmedabad — played in a stadium named after Prime Minister Narendra Modi — was a bit of a buzz kill. The hope is that attendance will pick up during the course of the two-month-long tournament. Away from the field, however, the World Cup is already producing a different kind of excitement, with analysts predicting the equivalent of a “Taylor Swift effect.”