Hosting tennis' Australian Open this year has netted the economy of Victoria a healthy AUS$189m ($104.37m / EUR113.35m), according to the latest research.
According to the National Institute of Economic and Industry Research (NIEIR), the figure represents a 37 percent on the 1999 tournament - the last time a similar study was conducted - and an 83 percent increase on 1997.
"These figures are a reflection of the growing importance of the Australian Open as one of the world's top international events," said Tennis Australia president, Geoff Pollard.
For the full story see the features section of sportbusiness.com
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