Fortune: Why Sports Executives Are Betting Golf Is the Next Big Gambling Sport

Submitted by Dan Shapiro on

Written by :

Dan Shapiro

Published on :

Tiger Woods is Back!  He won the Dell Technologies Championship this past weekend and this is likely to translate into a greater interest in Golf both with fans and bettors.

Sportsbook Signup Bonus Offer

Maximum bonus up to $1000 with a low rollover requirement.  Based on how much you fund your account.

-------------

Betting on Golf will be the next big thing, say experts.

In fact, ratings for most professional sports games have been dropping.  A recent Supreme Court ruling that permits sports betting nationwide could not have come at a better time.

“You’re 19 times more likely to watch an event if you’re betting on it,” George Pyne, founder and CEO of investment firm Bruin Sports Capital, said at Fortune’s Brainstorm Reinvent conference in Chicago on Monday. “So the engagement of those people that are going to be gambling is going to increase avidity.”

While soccer is the most bet upon sport worldwide (and American football attracts the most gambling in the U.S.), Pyne is looking to get fans betting on sports that have not historically attracted as many wagers—such as golf.

WATCH BELOW

Related Content

Alabama welcome sign

Alabama Gambling News

Sports betting and sweepstakes casino companies pumping money into candidates campaigns.
Maryland

Sweepstakes Casinos Can Continue to Operate in Maryland as Legislation Stalls, 2026 Session Ends

While HB 295 and HB 1226 both cleared the House of Delegates, they failed to move any further.
Strait of Hormuz

Latest Iran Conflict Betting Markets as Strait of Hormuz Reopens

Iranian Foreign Minister Abbas Araghchi posted on X that the passage for all commercial vessels through the strait “is declared completely open” with U.S. President Donald Trump making his own announcement via Truth Social.
Dave & Busters

Suit Against Dave & Busters in South Carolina Court Claims Arcade Games Are Unlawful Gambling

A state advocacy group filed a suit in the District Court of South Carolina Florence Division late Wednesday April 15 arguing the chain’s games function as unlawful gambling rather than entertainment.