It’s crazy to believe that golf is popular, considering that the sport has been around for centuries. Specifically, the sport originated in 15th century Scotland, and has grown into a global phenomenon. In fact, in the United States alone, the golf industry had an economic impact of over $80 billion in 2016.
There have been all sorts of ideas and strategies about how to ensure that golf grows in popularity over the next several years, and many have discussed the idea of golf-betting. This might draw in more revenue than ever, as fans can actually get invested into golf tournaments and potentially make money from their hobby.
The PGA commissioner, Jay Monahan, has even been clear that he is excited about the future of golf betting, as well. He recently stated: “We’ve spent a lot of time over the past two and a half years clearly understanding all of our options and getting ourselves in a position where we can participate.” This clearly could be huge for the sector, although time will tell.
Interactive Driving Ranges
It’s hard to deny just how successful that interactive driving ranges can be, and it’s also notable how much it has attracted individuals of all kinds, that otherwise might not be interested in golf. Topgolf players actually score points by hitting balls into certain targets, and the company utilizes microchip technology to determine whether the ball actually reached the target.
TopGolf is a private company, which means that it does not have to disclose specific information about its finance, but the company has expanded aggressively throughout the United States. In fact, a survey has suggested that a significant amount of golfers were introduced to the sport through Topgolf.
It doesn’t matter whether you are playing golf with an old friend as a hobby, playing golf over some drinks for a business meeting, or participating in a golf tournament, the goal is to have as much fun as possible. Golf is often seen as a relaxing sport that doesn’t require much physical stress, which is why there are such a diverse range of individuals that love getting on the golf course as much as they can.
Technology has also revolutionized the way that players understand the sport. One company that is leading the way is Cobra Golf, which uses smart technology to help track player statistics. Another company that is taking golf to the next level is Sound Caddy, a golf club-inspired Bluetooth speaker that can help you enjoy some music on the golf course, as well.