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Global sports industry may lose $1.6T by 2050

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The size of the global sports industry may drop by $1.6 trillion by 2050, according to a new report from the World Economic Forum.

The report pointed to climate change and individuals’ physical inactivity as the causes.

Total worldwide revenues from sports-related businesses are estimated in the report to rise to $3.7 trillion in 2030 from $2.3 trillion last year.

Read more from The Athletic.

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