Title: Boxing To Experience Exponential Growth
1Boxing To Experience Exponential Growth June
18th, 2017 - Kambiz Mostofizadeh Boxing
Promotions announced that the sport of boxing
will be experiencing exponential growth over the
next 15 years. This is attributed to Macao
S.A.R, China in becoming the worlds number one
gambling destination with gambling revenues many
times that of Las Vegas and the rise of the BRIC
(Brazil, Russia, India, China) economies. In
China alone, the growth of boxing has been
tremendous and its family friendly nature has
made it immensely popular. Indias middle class
alone is over 300 million people (size of the
U.S. population) and boxing has been growing
quickly in popularity in its largest cities.
Brazil with a population of over 300 million
people has been known more for MMA but has
recently witnessed the sharp growth of boxing in
its society. Russia with its large population and
track record of Olympic boxing medalists has
been at the forefront of boxing in Central Asia,
influencing its neighbors to follow suit. Boxing
Promoter Kambiz Mostofizadeh said According to
the World Bank, China is the largest economy in
the world as of 2016 and this means fast growth
in all sectors especially sports entertainment.
The future of boxing is guaranteed in these
areas that have not traditionally been a large
proponent of boxing. China will experience the
largest growth and it has Macao as its showcase
for hosting the largest names in boxing. Hotels
in Macao have spent billions of dollars to
provide world class entertainment and the
ability to host major boxing events will ensure
their future success. Boxing promoters and
boxing industry professionals will be looking to
the BRIC nations as a source of future growth for
this wonderful and exciting sport. For more
information, visit Facebook.com/KambizMostofizadeh
Boxing