This paper explores the transformative role of artificial intelligence (AI) in the events industry, particularly in sports venues, focusing on its ability to enhance fan experiences, improve operational efficiency, and address critical ethical challenges. As fan expectations evolve, sports venues are under increasing pressure to implement AI technologies that provide personalized services, reduce wait times, and improve safety. Supported by an extensive literature review of the latest research in the field, this paper provides a comprehensive examination and emphasizes the need for ethical AI implementation, particularly in ensuring transparency, data security, and addressing bias. The paper also discusses the importance of fan trust and loyalty, which positions sports venues as ideal environments for testing AI-driven innovations. Additionally, it highlights the need for empirical research to assess AI's long-term impact on fan engagement and satisfaction. The paper calls for collaboration between venue managers, AI developers, and sports teams to invest in AI infrastructure, training, and regulatory frameworks, ensuring that these technologies are ethically integrated and optimally utilized in public spaces.