CWI Signs Historic Deal To Boost Cricket Development
Caribbean and World Newsby Toter 3 days ago 22 Views 0 comments
Cricket West Indies (CWI) has signed a potentially game-changing 10-year partnership with Caribbean CAGE, projected to generate US$100 million for regional cricket development.
The deal signed on Monday, which brings together the governing body for cricket in the region and the Caribbean’s leading operator of video lottery and gaming terminals, will establish a regional lottery that provides financial backing to increase cricket competitiveness on a global scale. The partnership will add another US$156 million for the governments participating in the programme.
Co-founder of Caribbean CAGE, Todd Washington, who has been a leader in the establishment of several lotteries throughout the region, including the Leeward Islands Lottery Company, shared his excitement at the prospect of collaborating with CWI on this level.
“We have a very important strategic team to execute this and to generate what we estimate to be, on the low end, approximately US$100 million for cricket over the next ten years, provided we have the enthusiastic cooperation of West Indies cricket—and we’ve had that,” Washington said. “This is a big day for CAGE and our commitment to cricket, and I think it’s an opportunity for us to assist Cricket West Indies and restore cricket to its leadership role in...
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