CPL Media Release: The Hero Caribbean Premier League (CPL) has announced the tournament’s economic impact for Guyana. The 2018 event, which took place between 8 August and 16 September last year, created a total economic impact of US$25,515,816 in the country, an 80% increase on the figure from 2017.

This figure has been calculated using organiser spend, visitor spend and media value and was collated for Hero CPL by world-renowned researchers, SMG Insight.

In addition to that economic impact figure the Hero CPL created 468 jobs in Guyana. Also, the tournament filled 7,654 hotel rooms during the event with even more focus on the country with a record seven matches taking place in Guyana in 2018.

There was significant value for Guyana in terms of the country being given exposure through the television broadcast of the event. There was a sizable increase from 2017 with the playoff games taking place in Guyana for the first time. The total media exposure for Guyana has been calculated at US$8.2million, more than double that of 2017.

The Hero CPL spent US$1.29million in Guyana during the 2018 event with over 43% of that figure going to local staff and suppliers. This organiser spend represents a significant increase from 2017 where CPL spent US$978,000.

Speaking about the report from SMG Insight the Hero CPL Chief Operating Officer, Pete Russell said: “Guyana represents such a huge part of what makes CPL special and the support that we got across a record seven games in the country was absolutely fantastic. There are few crowds anywhere in the world that are more vibrant than one at Providence for a CPL match, and we are so grateful to the Guyanese public. That we are able to make such a big impact on the local economy means so much to us.”

Hopefully the CPL will have more games in Guyana.

Even ODI's.

In reply to CaribbeanCricket.com

In reply to camos

Impact could be negative..

Why haven't Barbados Trident players been paid as yet?



corrected: limestone tc1

What in the name of voodoo economics is this crap?

Heard all the Tallawahs home games will be in Jamaica. Hope we can get a similar impact.

In reply to Larr Pullo

In reply to Star… well US$25M to the Guyana economy, is probably the same as that 40M to BIM, using exchange rates.

In reply to natty_forever

Why use USD? Make it $1 trillion Guyanese to make it sound even bigger..

In reply to sgtdjones

u meant the Trident players?

In reply to natty_forever
both figures are questionable.

In reply to camos

What was the phrase we learned in statistics 101. There are three kinds of lies. Lies, More Lies, and Statistics

In reply to CricSham

I think some negotiations are coming up ,hence the publicity to try and extract more concessions from these governments.

In reply to natty_forever
Not questioning the impact just questioning the economics (the calculations).

No need to be angry. Just think before accepting everything Hero CPL puts out there for public consumption.

The worldwide exposure to Guyana from the CPL is not in question, the returns are questionable.

In reply to Star

exactly ! these government need to do their own study.

In reply to Star… not angry, please note that Natty tries to see the funnier side to things these days, so if a not telling you bout your mother/father, I am husually joking.

In reply to camos

Same thing I was thinking. Who has verified this data?

In reply to Larr Pullo



Tonton macoute school cpl

I wonder what the economic impact of Test cricket has on Guyana’s economy......
Increased Purina sales perhaps?