eSports are gaining traction across the globe in participation, viewership and profitability. To serve the emerging sport, a global governing body was formed in mid-May: the World eSports Association, or WESA. The goal of the organization is promote standardization and represent players.

The Olympics and Paralympics both have guidelines regarding tattoos that athletes may show. In other words, they're not allowed to have logos or product names showing during competition. And oddly, the rules for Paralympians are far stricter than they are for Olympians.

What happens in Vegas stays in virtual reality, apparently. When Las Vegas instituted virtual reality (VR) tours to help lure potential vacationers, tourism officials viewed it as the inside line on a sure bet. And in this case, that sure bet was following the lead of the sports industry.

Rugby takes the world stage at the summer Olympics, but its profile has been growing on the U.S. college scene, mainly because of the skillful use of social media. Now one of the fastest-growing team sports in the U.S. is reaping the benefits of a low-cost, high-visibility marketing campaign.

The world of sports business is already well aware of the black market and the problems it can cause. In mid-May, however, another problem came to light when non-transferable race bibs for the sold-out Airbnb Brooklyn Half Marathon began appearing for sale online.

Does Kentucky Derby winner Nyquist's status as an also-ran at the Preakness mean Belmont has become the Irrelevant Stakes? Yes and no are neck-and-neck. There's (a lot) less interest, but that doesn't mean the stands won't be full, and the betting won't be hot and heavy.