PGA hits the jackpot by attracting the gambling industry

The Golf Business
 
PGA hits the jackpot by attracting the gambling industry
BetOnline

Golf is fast evolving into one of the most popular participation sports, with players from all walks of life enjoying the challenge of 18 holes and iconic casino resorts constantly cropping up.

Yet it is the professional circuit that’s attracting interest and massive injections of money all across the globe.

This is proving to be a lucrative career for those on the PGA Tour, with wagers regularly placed on newcomers as well as the more well-known household names.

Backing the results of golf games at tournaments, using online sportsbooks and casinos, has been rapidly expanding over recent years. Since regulation changes have been approved by the sport’s governing body, marketing has been soaring for sponsorship of players and tournaments to unbelievable levels.

The outcomes from various tournaments attract both professional and casual gamblers. These vary from small bets, often decided at the 19th hole, to the big bucks backing results from major tournaments that has ultimately resulted in a massive growth within the golf gambling industry.

The PGA has been on the ball to broker numerous lucrative financial deals. Bringing in PointsBet as the official affiliation of live betting odds on the PGA Tour has garnered massive global interest from fans, players and gambling organisations.

Official sponsorship of professional players and tournaments by casinos and gambling organisations, who build up their global brand awareness, has made the game so much richer in every sense of the word.

This constant influx of money from prize money and sponsorship has been actively encouraged by the PGA to build up the sport. In turn it has attracted a plethora of new faces seeking to earn their PGA Tour card.

However, in Europe the story is different. The PGA EuroPro Tour, a merger of the EuroPro Tour and the PGA, is in its last season after 20 years. This is due to ever-increasing costs and the changing habits of the worldwide audience.

In stark contrast, the steady climb in golf gambling is expected to continue to grow at a rapid rate as more sponsorships by casinos and gambling providers rocket.

The popularity of the sport has attracted developers to introduce a range of high-tech all singing, all dancing online games. They seem to have hit the jackpot with online casino game libraries now bursting at the seams with some thrills ‘n’ spills from Golden Tour by Playtech, Hole in Won Slot by Rival Gaming and The Argyle Open by Microgaming to name just a few.

For those who fancy a flutter but wish to quickly get hold of their winnings in time for Christmas should consider a top fast withdrawal casino like LeoVegas. A swift payout after a win on the slots or roulette wheel is a huge advantage. Check out the list of instant withdrawal casinos in the UK.

Online gamblers are always chasing the bigger, better deal. MGM Resorts-owned LeoVegas, long been considered to be one of the leading casinos, offers over 1,300 games, a solid bonus scheme, swift transactions and their  live casino corner. With over 140 live casino games, providing an online real-life casino gambling experience, makes LeoVegas highly competitive in the market.

For those who want to venture further afield to combine their passion for playing golf and wagering at a gambling establishment, then it is worth considering a trip to a casino resort.

The choice is remarkable in the Bahamas and United States (not just in Las Vegas), with pristine courses, sumptuous surroundings and of course the chance to strike it rich at the casino to beat the ever-increasing cost of living and inflation.

Both on and off the course then the stakes can be as high or low as gambling golfers try their luck. However, if you can manage to hit the jackpot at a casino golf resort then you at least have a shot for your entire trip to be subsidised by cashing in your winnings.

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