20, June 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 world’s 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. India’s 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
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Person Name: Kambiz Mostofizadeh