How did Cricket Australia lose 1 million Australian dollars due to rain on the first day of India vs Australia 3rd Test?

Cricket Australia is set to lose AUD 1 million (about Rs 5.4 crore) in gate receipts after being forced to give full refunds on tickets sold for the rain-affected first day of the Gabba Test between India and Australia. Due to heavy rain on Saturday, only 13.2 overs of play was possible when the tickets were sold out. As per CA rules, fans are not eligible to get a full refund if at least 15 overs are bowled during the day. CA is going to lose one million dollars due to 10 balls less than the expected number.

“It turns out a minimum of 15 overs are required to prevent fans from getting a full refund on tickets, meaning Cricket Australia could potentially lose out on $1 million,” news.com.au reported. Was 10 balls away from saving more refunds.” “The first day of the Test match was declared a sell-out, with an official attendance of 30,145 fans.

“But they faced a largely miserable day, with 40mm reported falling on the ground at one stage in just one hour,” the website said.